49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - Bermuda insurer Oil Casualty Insurance Ltd. (OCIL) is offering to repurchase part of its Avalon Re catastrophe bond, a payout on which is close to being triggered, at a price equivalent to 80-85 cents on the dollar.
In a statement ...
DATE: Aug 13, 2009
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TORONTO (Reuters) - Toronto's main stock index finished higher yesterday, following two days of losses, after the US Federal Reserve said it saw some signs of a more stable economy after 20 months of recession.
The Fed also kept its benchmark short-t...
DATE: Aug 13, 2009
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Bermuda-based Intelsat Ltd. suffered a $32.7 million net loss for the second quarter of 2009, despite seeing revenue rise by 10 percent ($57.6 million) to $642.5 million on demand for communications infrastructure over the same period.
The fixed sate...
DATE: Aug 13, 2009
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NEW YORK (Bloomberg) — Allied World Assurance Company Holdings Ltd., the Bermuda-based insurer, named Barbara Alexander to join the company's board of directors.
Ms Alexander has served as independent consultant since January 2004, the insurer said y...
DATE: Aug 13, 2009
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LONDON - Britain's top share index closed up one percent, as investors took their positions ahead of a Federal Reserve statement on US growth prospects, with heavyweight oils, banks and miners leading the way.
The FTSE 100 index ended 45.42 points hi...
DATE: Aug 13, 2009
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NEW YORK (AP) - A more upbeat Federal Reserve is reassuring investors that they have been making the right bets.
Stocks bounded higher yesterday after the central bank said the economy appears to be "leveling out" rather than simply shrinking at a sl...
DATE: Aug 13, 2009
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The Bermuda Stock Exchange (BSX) opened and closed at 2,307.1 yesterday.
The Index traded 28,999 shares worth BD$147,814.40 and 800 shares worth US$8,400.
Butterfield Bank saw 28,994 shares change hands, but its share price held firm at $5.10.
KeyTec...
DATE: Aug 13, 2009
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Panellist, delegate and concierge — those will be just some of the roles Sylvia Jones will be fulfilling when she takes part in the Women's Bermuda Athena International Leadership Awards & Business Summit entitled 'Navigating Success: Keep Rising' he...
DATE: Aug 12, 2009
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I just ordered and paid for my reduced price Windows 7 operating system, the successor to the failed Vista version. I will post reviews on it once I get it in October. However, I was astonished to get a copy at the special offer price of 50 euros ($5...
DATE: Aug 12, 2009
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TORONTO (Bloomberg) - Canadian stocks fell for a second day, led by financial shares, as JPMorgan Chase & Co. cut its rating on US bond insurer MBIA Inc., housing starts slumped unexpectedly and a drop in oil drove down energy producers.
Financial co...
DATE: Aug 12, 2009
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