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Royal Caribbean Cruises Rating Reiterated by Zacks (RCL)

By Ethan Ryder From Ticker Report Royal Caribbean Cruises (NYSE:RCL)‘s stock had its “neutral” rating reaffirmed by Zacks in a research report issued to clients and investors on Monday, Analyst RN reports. They currently have a $46.00 price objective on…

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Herbalife profit grows for16th quarter in a row

By Kevin McCoy, USA TODAY Some major hedge fund investors have sparred over Herbalife’s multi-level marketing structure Herbalife, the nutrition products firm at the heart of dueling hedge fund claims about its financial viability, reported Monday that profits reached double-digit…

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Red Bull sued for $85 million after death

By Erin Fuchs From Business Insider Red Bull sued for $85 million after the energy drink allegedly killed a Brooklyn father The mother of a deceased 33-year-old Brooklyn father has filed an $85 million lawsuit against Red Bull that claims…

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Ted Cruz will vote against tax haven reform

By Kenneth Thomas From US News Time (h/t TPM) reports that Texas Sen. Ted Cruz invested $6,000 in a company with his college roommate/debate partner, David Panton, which has turned into at least $100,000. While this is true on paper…

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Cayman asks UK for inclusion in European Tax Convention

From Virgin Islands News online Caribbean Journal The government of the Cayman Islands has formally asked the United Kingdom to be extended membership in the OECD/Council of Europe Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The convention aims…

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Ingram Micro Mobility and BlackBerry announce distribution agreement in Latin America

MIAMI – Ingram Micro Inc. (NYSE: IM), the world’s largest wholesale technology distributor and a global leader in supply-chain and mobile device lifecycle services and logistics solutions, and BlackBerry (NASDAQ: BBRY; TSX: BB) today jointly announced a new agreement whereby…

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The Editor Speaks: Why does the RCIPS sack officers with no explanation?

Colin Wilson We now hear of another former police officer that is in litigation with the Royal Cayman Islands Police Service (RCIPS) and in particular Commissioner David Baines. With a number of other court actions against Baines over the termination…

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Caribbean looks to the sky for water security

By Jewel Fraser PORT OF SPAIN, Trinidad, Oct 27 (IPS) – A centuries-old system for ensuring water security is making a comeback in the Caribbean. It’s known as rainwater harvesting, and it is now becoming a formal part of the…

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Cayman represented at Health Care Conference In Texas

The Cayman Islands financial services sector was well represented at the American Society for Healthcare Risk Management (ASHRM) annual conference in Austin, Texas that started on Sunday (27), where over 100 exhibitors attended. ASHRM 2013 is structured specifically for healthcare…

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Greenlight Capital Re to Release Third Quarter 2013 Results

GRAND CAYMAN, Cayman Islands, Oct. 23, 2013 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the third…