International Business News - BMU http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A Los Angeles doctor who is the son of Bermuda's premier has been charged with sexually abusing four more patients. The charges were announced Thursday for Dr. Kevin Antario Brown, who now faces 33 counts for allegedly molesting 12 patients. His father is Bermuda Premier Ewart Brown. http://www.ibtimes.com/articles/20080904/la-doctor-bermuda-pms-son-faces-10-more-charges.htm Thu, 04 Sep 2008 18:41:36 EDT Tyco Electronics Ltd. on Thursday announced restructuring plans in Europe that would include closing three automotive plants, which will affect about 850 employees and potentially double its restructuring costs for its fiscal fourth quarter. http://www.ibtimes.com/articles/20080904/tyco-electronics-to-shut-several-plants-in-europe.htm Thu, 04 Sep 2008 18:20:50 EDT OneBeacon Insurance Group Ltd. said its board declared a regular quarterly dividend of 21 cents. The Bermuda-based specialty insurance company said the dividend is payable Sept. 24 to shareholders of record Sept. 15. http://www.ibtimes.com/articles/20080829/onebeacon-insurance-declares-21-cent-dividend.htm Fri, 29 Aug 2008 10:35:19 EDT Let's say everyone in the country woke up one day and decided to take their money out of the bank and bury it in the yard. Does the nation's banking system have enough cash to convert everyone's virtual money into bills and coins? http://www.ibtimes.com/data/articleimgs/118740-ask-ap.jpg http://www.ibtimes.com/articles/20080829/ask-ap-commercial-biodiesel-the-nations-cash.htm http://www.ibtimes.com/articles/20080829/ask-ap-commercial-biodiesel-the-nations-cash.htm Fri, 29 Aug 2008 17:13:51 EDT Bermuda-based insurance provider Allied World Assurance Company Holdings Ltd. said Tuesday it has appointed Patrick de Saint-Aignan to its board of directors. http://www.ibtimes.com/articles/20080826/allied-world-assurance-names-new-board-member.htm Tue, 26 Aug 2008 16:25:39 EDT Marketing company VistaPrint Ltd. on Thursday said that lawsuits have been brought against VistaPrint USA Inc., VistaPrint Corp. and two third party merchants, in the U.S. District Court for the Southern District of Texas and the U.S. District Court for the District of New Jersey. http://www.ibtimes.com/articles/20080821/vistaprint-subject-of-federal-class-action-suits.htm Thu, 21 Aug 2008 19:36:13 EDT Oil tanker owner and operator Ship Finance International Ltd. said on Thursday that its second-quarter profit jumped 80 percent, helped by a strong market for crude tankers as well as an upfront payment of $21.6 million for one ship. http://www.ibtimes.com/articles/20080821/ship-finance-profit-jump-80-percent.htm Thu, 21 Aug 2008 13:10:35 EDT Oil tanker operator Frontline Ltd. on Thursday said its profit jumped 69 percent, reflecting a gain on the sale of assets and shares. For the quarter ended June 30, the Bermuda-based company reported net income of $318.4 million, or $4.25 per share, compared with net income of $187.9 million, or $2.51 per share, in the prior-year quarter. http://www.ibtimes.com/articles/20080821/frontline-2q-profit-up-69-percent-on-asset-sales.htm Thu, 21 Aug 2008 13:01:11 EDT Frontline Ltd. on Thursday said its board declared a quarterly dividend of $3 per share. The Bermuda-based oil tanker operator said the dividend is payable Sept. 19 to shareholders of record as of Sept. 4. http://www.ibtimes.com/articles/20080821/frontline-declares-quarterly-dividend-of-3.htm Thu, 21 Aug 2008 12:35:58 EDT The board of Everest Re Group Ltd. declared a quarterly cash dividend of 48 cents per share. The insurance holding company said the dividend is payable Sept. 15 to shareholders of record as of Aug. 25. http://www.ibtimes.com/articles/20080819/everest-re-group-declares-regular-dividend.htm Tue, 19 Aug 2008 10:41:12 EDT The board of Bermuda-based Endurance Specialty Holdings Ltd. declared a quarterly cash dividend of 25 cents. The property and casualty insurer and reinsurer will pay the dividend Sept. 30 to shareholders of record as of Sept. 16. http://www.ibtimes.com/articles/20080818/endurance-specialty-sets-regular-dividend.htm Mon, 18 Aug 2008 16:45:04 EDT Taiwanese microchip testing and assembly company ChipMoS Technologies (Bermuda) Ltd. on Monday said its July sales fell 19 percent from the same month a year ago. http://www.ibtimes.com/articles/20080818/chipmos-july-sales-drop-19-percent.htm Mon, 18 Aug 2008 16:17:10 EDT The Department of Homeland Security said Monday it will extend its contract with Bermuda-based Accenture Ltd., which provides biometric identification services to various U.S. border, immigration and law enforcement agencies. http://www.ibtimes.com/articles/20080818/accenture-gets-us-government-contract-extension.htm Mon, 18 Aug 2008 08:10:02 EDT Accenture LLP, the U.S. unit of Bermuda-based consulting firm Accenture Ltd., spent nearly $1.1 million in the second quarter to lobby on immigration issues, patent reform, federal contracting rules and other matters, according to a recent disclosure form. http://www.ibtimes.com/articles/20080814/accenture-llp-spent-nearly-1-1m-to-lobby-in-2q.htm Thu, 14 Aug 2008 12:25:13 EDT A maroon-striped marauder with venomous spikes is rapidly multiplying in the Caribbean's warm waters, swallowing native species, stinging divers and generally wreaking havoc on an ecologically delicate region. http://www.ibtimes.com/data/articleimgs/108384-lionfish-invasion.jpg http://www.ibtimes.com/articles/20080813/venomous-lionfish-prowls-fragile-caribbean-waters.htm http://www.ibtimes.com/articles/20080813/venomous-lionfish-prowls-fragile-caribbean-waters.htm Wed, 13 Aug 2008 21:22:07 EDT VistaPrint Ltd. announced Tuesday that its board authorized the repurchase of up to $50 million of the company's outstanding common stock. The Hamilton, Bermuda-based online printing services company had about 44 shares outstanding as of June 30. http://www.ibtimes.com/articles/20080812/vistaprint-board-authorizes-share-repurchase.htm Tue, 12 Aug 2008 16:42:00 EDT An analyst downgraded shares of Tyco International Ltd. on Tuesday, saying the diversified manufacturer has already outperformed its sector, while new nonresidential construction activity--a large chunk of its business--may be at risk. http://www.ibtimes.com/articles/20080812/ahead-of-the-bell-analyst-cuts-tyco-international.htm Tue, 12 Aug 2008 09:07:52 EDT Mayor Michael Bloomberg is paying more taxes on his household help than ever before, according to documents released Friday that offered vague details about his wealth, taxes and investments. http://www.ibtimes.com/articles/20080808/nyc-billionaire-mayor-pays-for-good-help.htm Fri, 08 Aug 2008 16:33:39 EDT Nordic American Tanker Shipping Ltd. said Friday its second-quarter earnings soared 70 percent, helped by higher rates for unchartered vessels, but the results fell below analysts' expectations. http://www.ibtimes.com/articles/20080808/nordic-american-tanker-profit-surges-misses-view.htm Fri, 08 Aug 2008 15:42:46 EDT Fitch Ratings on Friday downgraded Old Mutual Financial Network, saying the company's poor earnings performance in its Old Mutual U.S. life operations calls into question its long-term commitment to the business. http://www.ibtimes.com/articles/20080808/fitch-downgrades-old-mutual-financial-network.htm Fri, 08 Aug 2008 13:07:55 EDT