49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) — The US House of Representatives will clear legislation next week that will revoke the insurance industry's antitrust exemption, House Speaker Nancy Pelosi said yesterday.
Pelosi, a California Democrat, said there is enough su...
DATE: Feb 05, 2010
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NEW YORK (AP) — Home and auto lender GMAC Financial Services said yesterday it lost $5 billion in the last three months of 2009, as losses from its mortgage operations kept the company in the red for another quarter.
GMAC, which is owned by the feder...
DATE: Feb 05, 2010
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NEW YORK (Bloomberg) — Warren Buffett's Berkshire Hathaway Inc. was stripped of its last AAA credit rating by Standard & Poor's after the billionaire investor agreed to buy railroad Burlington Northern Santa Fe Corp.
Berkshire, which is taking on deb...
DATE: Feb 05, 2010
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TORONTO (Reuters) - Toronto's main stock index notched its steepest percentage drop since early October yesterday as investor confidence was shaken by intensifying concerns about sovereign debt in some euro zone countries.
Investors flocked to the sa...
DATE: Feb 05, 2010
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Brian and Scott Lines have filed a motion seeking to dismiss civil charges they are facing from the US Securities and Exchange Commission (SEC)which alleged they manipulated the stock price of Sedona Software Solutions Inc. and dates back to an inves...
DATE: Feb 05, 2010
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BC-EU--Britain-Vodafone, 1st Ld-Writethru,0314
Vodafone Q3 revenue up 10 pct
LONDON (AP) -- Telecommunications company Vodafone Group PLC on Thursday reported that revenue rose more than 10 percent in the third quarter, supported by strong gains in i...
DATE: Feb 05, 2010
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Ace Ltd., the Zurich-based insurer with operations in more than 50 countries, sees acquisition opportunities "on the horizon," chief executive officer Evan Greenberg said.
"I see more opportunity now," Greenberg said on a conference call with analyst...
DATE: Feb 05, 2010
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Hardy Underwriting Bermuda Ltd. has recruited two well-known characters in the Bermuda re/insurance industry as non-executive directors.
Montepelier Re chairman Anthony Taylor joins the board with immediate effect, while former XL Capital chief of st...
DATE: Feb 05, 2010
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NEW YORK (AP) — Wealthier shoppers went on a buying binge in January and even middle-income Americans spent a little more, retailers said yesterday. Some chains reported their brightest monthly results in years.
The prospects for many stores' fourth-...
DATE: Feb 05, 2010
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TOKYO (AP) — Sony expects a smaller annual loss after blockbuster movie releases, cost cuts and robust holiday gadget sales boosted quarterly earnings more than sevenfold.
The Japanese manufacturing icon, known for products like the PlayStation 3 gam...
DATE: Feb 05, 2010
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