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Source: Asian Wall Street Journal

Saint George :: Bermuda | updated 2014-07-25 18:32:06 -0700 | business-news

ET Aspen Insurance Holdings Ltd. shareholders on Friday rejected Endurance Specialty Holdings Ltd.'s proposals to push forward its unsolicited takeover, Aspen said. Endurance first made an offer on fellow Bermuda-based property-and-casualty insurer Aspen in April and raised its bid to...
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Source: National Public Radio

Saint George :: Bermuda | updated 2014-07-17 16:24:12 -0700 | business-news

When is it OK for an American company to avoid paying American taxes? That's the question the Senate Finance Committee will wrestle with next week as the Obama administration urges lawmakers to make it harder for companies to duck corporate...
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Posted by: craigbrookes

Saint George :: Bermuda | updated 2014-07-14 00:11:00 -0700 | business-news

Homeowners insurance secures your home, its contents, and, indirectly, your other assets in the event of fires, theft, accidents or other disasters. Axis Capital, a group of companies based in Bermuda with 29 branches worldwide, provides customized insurance coverage –i.e....
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Source: Star Tribune

Saint George :: Bermuda | updated 2014-07-12 16:04:16 -0700 | business-news

Dennis Kozlowski, the merger deal that would move Medtronic 's headquarters to Ireland might not be happening...It was Kozlowski who helped provide what they both needed to be able to relocate to Europe to save money on taxes, and that's...
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Source: Christian Science Monitor

Saint George :: Bermuda | updated 2014-07-12 00:02:08 -0700 | business-news

For a summer getaway, travelers can find deals on cruises to places all over the world. For example, save $2,500 on a week-long cruise for two to Alaska by August 1.  July 10, 2014 Grab your swim trunks, your flippie-floppies,...
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Source: The Idaho Statesman

Saint George :: Bermuda | updated 2014-06-27 01:10:41 -0700 | business-news

Were he still alive, Judge Learned Hand probably would approve of medical device maker Medtronic's purchase of Covidien, another med tech company with a slightly different product line and a larger legal presence in Europe. Establishing a European foothold favorable...
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Source: BidnessEtc

Saint George :: Bermuda | updated 2014-06-26 06:11:29 -0700 | business-news

Nabors Industries Ltd. (NBR) for $2.86 billion, according to Bloomberg . It will acquire Nabors's hydraulic fracturing business, merge with Nabors well maintenance business, and become incorporated in Bermuda. The merger makes C&J the latest company to move to an...
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Source: Toronto Star

Saint George :: Bermuda | updated 2014-06-20 07:06:38 -0700 | business-news

Ron Schefflere / © Ron Schefflerrre Billionaire philanthropist Michael G. DeGroote, shown in 2005, is suing the Carbone brothers, alleging fraud. They are countersuing, with allegations of malicious prosecution. A Woodbridge businessman is suing billionaire Canadian philanthropist Michael...
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Source: Forbes

Saint George :: Bermuda | updated 2014-06-17 19:59:47 -0700 | business-news

How can a company headquartered in Minneapolis merge with a competitor run out of Mansfield, Massachusetts in order to pay taxes in Ireland?  It's just another day in corporate inversion-land, where an opportunity to cut taxes is once again driving...
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Source: Money Morning

Saint George :: Bermuda | updated 2014-06-16 13:43:42 -0700 | business-news

MDT stock was up 4% in early trading, but has since pared those gains. Medtronic officials announced that COV shareholders would be paid $93.22 per share through the deal. COV stock touched an all-time high $92.68 shortly thereafter. Before today's...
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Source: Forbes

Saint George :: Bermuda | updated 2014-06-06 06:36:53 -0700 | business-news

Yet a new study called Offshore Shell Games , says its even worse than we thought...Almost $2 trillion sits offshore, untaxed by the U.S. even though emanating from U.S. companies...And as long as they keep it squirreled away offshore, it's...
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Source: Turks and Caicos Free Press

Saint George :: Bermuda | updated 2014-06-05 19:42:58 -0700 | business-news

With all the U.S. corporate cash piling up on tiny Caribbean islands, it's a wonder the beaches can still accommodate sunbathers. Apple, Nike, Citigroup and a few hundred other Fortune 500 companies have created a whopping 7,827 offshore shell companies...
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Source: MarketWatch

Saint George :: Bermuda | updated 2014-06-02 06:38:13 -0700 | business-news

The group is diversified, although there are two airlines among them, as well as two pharmaceutical firms and two companies involved in oil exploration and drilling. Looking at the top performers won't help you guess which stocks or sectors will...
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Posted by: Davosbank

Hamilton :: Bermuda | updated 2012-09-20 00:31:39 -0700 | business-news

Davos International Bank offers a wide array of financial and investment services to businesses, organizations, and individual customers around the world. Davos International Bank works to offer modern banking flexibility and world-class security along with friendly and personalized customer...
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Posted by: Davosbank

Hamilton :: Bermuda | updated 2012-09-20 00:10:42 -0700 | business-news

Davos International Bank prides itself on its customer-catered banking solutions and a wide breadth of investment options. The bank keeps pace with current technological developments to further grow its business and to provide timely and convenient account information to banking...
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