49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Covidien Ltd. has completed the previously announced sale of its Retail Products business to an affiliate of First Quality Enterprises, Inc. for $330 million in cash.
The sale of Retail Products is part of Covidien's strategy to focus ...
DATE: Apr 21, 2008
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NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the world's largest broker of exchange-traded derivatives, rose 25 percent in New York trading on Friday, the most in a month, after saying it would tighten risk controls following a $141.5 million...
DATE: Apr 21, 2008
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NEW YORK (Reuters) - Investors will have seen enough corporate results by the end of this week to determine if the recent string of encouraging earnings was an anomaly or a real sign stocks can weather the credit crisis and economic slowdown.
If the ...
DATE: Apr 21, 2008
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TORONTO (Reuters) - With first-quarter earnings season set to kick off in earnest, market watchers are expecting a relatively sturdy performance from Canadian companies and say it will be another three to six months before the weak US economy truly h...
DATE: Apr 21, 2008
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Bermuda-based workers' compensation insurance specialist CRM Holdings Ltd. has moved to address concerns related to a threat to its third-party administrative licence in New York.
The company's US subsidiary Compensation Risk Managers is facing an ac...
DATE: Apr 21, 2008
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NEW YORK (Bloomberg) — Citigroup Inc. shareholders, cheered by a $5.1 billion first-quarter loss that wasn't as big as some analysts forecast, face growing concern that the bank may have to sell assets, reduce the dividend and attract outside investm...
DATE: Apr 21, 2008
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SAO PAULO (Bloomberg) — Bermuda-based Cosan Ltd., parent of the world's biggest sugar-cane processor, failed to buy back enough shares of its operating unit to delist it in a stock-swap auction on Friday.
Minority investors of Cosan SA Industria e Co...
DATE: Apr 21, 2008
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LONDON (Reuters) - The Bank of England will unveil a plan today to swap government bonds for commercial banks' mortgage debt, injecting cash into the financial system to boost lending and ease the effects of a credit crunch on consumers.
Although the...
DATE: Apr 21, 2008
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Applied Computer Technologies (ACT) is set to become the only direct authorised channel partner in Bermuda after entering into an agreement with EMC Corp.
ACT will immediately become a member of the EMC Velocity Partner Programme. EMC is headquartere...
DATE: Apr 21, 2008
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Q. Can I expect improved results from my shares of Colgate-Palmolive Co.? - BR, via the Internet
A. This steady performer with more than 200 years of experience selling toothpaste and oral-care items continues to polish its expanded product line.
Som...
DATE: Apr 19, 2008
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