October 16, 2021

Cayman Islands college students visit New York

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ICCI Students Experience Global Finance Seminar in New York City (GRAND CAYMAN, CAYMAN ISLANDS) – Eighteen International College of the Cayman Islands students got an up close look at the inner-workings of global finance in New York City. The students spent four days in the “financial capital of the world” as part of a seminar […]

BofA agrees to pay $17-billion penalty over mortgage meltdown

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By Scott Reckard From Los Angeles Times BofA reportedly near mortgage deal Bank of America reportedly agrees to a $17-billion settlement of government claims over the mortgage meltdown A Bank of America deal would be the largest arising from the financial crisis Bank of America Corp. has agreed to fork over nearly $17 billion to […]

Consolidated Water Co. Ltd. to present at Sidoti’s eighth semi-annual Micro-Cap Conference on May 9, 2014

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(Menafn – Marketwired via COMTEX) GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS, (Menafn – Marketwired via COMTEX) –Consolidated Water Co. Ltd. CWCO, which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, on May 1 2014 announced that it […]

BlackBerry wins court order against Ryan Seacrest’s Typo Case

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By Karissa Bell From Mashable BlackBerry scored a major victory in its ongoing legal battle with Typo, the Ryan Seacrest-backed company behind the iPhone keyboard case. On Friday, a San Francisco court granted a preliminary injunction against Typo that prohibits the company from selling its $99 BlackBerry lookalike keyboard case. The judge for the case […]

Frigid winter takes toll on U.S. economy

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By Andrew Freedman From Mashable The harsh winter weather is taking a toll on the U.S. economy, with companies such as Panera Bread and United Airlines reporting a hit to their bottom line. They have endured more than twice the average snowfall to date, as well as frigid temperatures that have not been seen in […]

Crash of 2014: Like 1929, you’ll never hear it coming

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By Paul B. Farrell, MarketWatch SAN LUIS OBISPO, Calif. (MarketWatch) — Imagine, you’re in the exciting new 21st century. Civilization still exists on Planet Earth. Wall Street’s still in business. But you’re still asking: Why can’t we hear the next crash? Are we deaf? No. The warnings are always long and loud. So why can’t […]

Daniel Pearl murder convict attempts suicide in Pakistan

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From Newsmax KARACHI, Pakistan — A British-Pakistani man convicted of the killing of U.S. reporter Daniel Pearl has attempted to commit suicide in a Pakistani prison, an official said Saturday. “Omar Sheikh, a British-Pakistani, who is serving life imprisonment in Hyderabad prison, tried to hang himself with the exhaust of the prison cell late Friday,” […]

Herbalife expects 4Q profit to beat Street

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From Bradenton Herald Herbalife expects its fiscal fourth-quarter and full-year adjusted earnings will come in above Wall Street’s expectations. The company also announced a $1 billion notes offering and increased its stock repurchase program by $500 million to $1.5 billion. The stock rose in Monday premarket trading. Herbalife, which is incorporated in the Cayman Islands […]

Apple’s iPhone sales, revenue outlook disappoint Wall Street as shares plunge

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From Moneynews Apple Inc. missed Wall Street’s lofty target for iPhone sales over the crucial holiday shopping season and offered a weaker-than-expected forecast for this quarter, sending its shares down 8 percent on Monday. The world’s most valuable technology company sold a record 51 million iPhones in the quarter, but that was shy of the […]