49296 results returned for search: "" category ("Other" AND "Business")
A unit of Bermuda-based Endurance Specialty Holdings Ltd. must cover defence costs for a brokerage that placed coverage and provided other services to the bank at the centre of the notorious Stanford Financial Group fraud, a federal court judge has ...
DATE: Jan 11, 2010
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Bermuda Press (Holdings) Ltd.'s newly-appointed CEO Jonathan Howes is relishing the challenge of consolidating and modernising the group as a whole.
Mr. Howes, who already has an extensive knowledge and understanding of the business having been The R...
DATE: Jan 11, 2010
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Initial estimates point to a widening of Bermuda's fiscal deficit as revenue fell short of budget targets and capital spending increased, according to the latest report by the Economist Intelligence Unit.
The report revealed that despite official dat...
DATE: Jan 11, 2010
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FDIC sells $1B in loans
WASHINGTON (AP) -- The Federal Deposit Insurance Corp. has sold about $1 billion in troubled loans from 22 banks that failed during the past 18 months as it works through an inventory of assets from the institutions it has tak...
DATE: Jan 11, 2010
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JAL's main banks to agree to bankruptcy plan-sources
TOKYO, Jan 9 (Reuters) - The main creditor banks of Japan Airlines are in the final stages of deciding to accept a plan to put the carrier through bankruptcy as part of a state-led restructuring, t...
DATE: Jan 11, 2010
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If many of us could have turned around the moment we entered 2010 and made obscene gestures at 2009, we would have.
After the wreckage of the past 12 months, 2010 has to be a good year, right? Good for governments staving off financial chaos, good fo...
DATE: Jan 09, 2010
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A big vote of thanks: this column received a large and sympathetic mailbag after revealing last week that I had inadvertently erased files from my computer. The good news is that I had indeed made a complete back-up before going away and so have lost...
DATE: Jan 09, 2010
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Butterfield Bank was the only trader on The Bermuda Stock Exchange (BSX) yesterday, transacting 14,971 common shares.
The bank's share price held firm at $3.75.
Overall, the Index opened and closed for the second straight day at 2,019.77, with 14,971...
DATE: Jan 09, 2010
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Great question from a faithful reader deserves a response this week. Please comment on why the dividend yield on some shares is so high? We noticed these high yields in the local paper - 16.34 percent and 18.73 percent. Are these for real? How can an...
DATE: Jan 09, 2010
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Q: Can my shares of CVS Caremark Corp. continue to do well? — PF, via the Internet
A: This hybrid drugstore chain and pharmacy-benefit management company had its share of problems in 2009.
For example, it lost billions of dollars in contracts from Me...
DATE: Jan 09, 2010
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