6750 results returned for search: "" category "Business" author Business Staff
Ascendant Group Ltd has donated $100,000 to food charity The Eliza DoLittle Society.
In a statement, the parent company of electricity utility Belco said its contribution was aimed at helping those most impacted by the Covid-19 crisis.
“What is clea...
DATE: Apr 06, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Argus Group Holdings Ltd gained 2.7 per cent in Bermuda Stock Exchange trading.
The insurer gained six cents to close on $2.25 as 23,000 shares changed hands.
The most heavily traded stock was One Communications Ltd, which remained unchange...
DATE: Apr 06, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
International law firm Appleby is providing clients with guidance about how offshore governments in the jurisdictions in which they operate are responding to the Covid-19 pandemic.
The second issue of the firm’s new Offshore Business Update was launc...
DATE: Apr 03, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Operating performances within the Aspen group of companies have been below the expectations of AM Best “due to the impact of catastrophe losses and weaker-than-expected results for certain lines of business, and demonstrated by a five-year weighted a...
DATE: Apr 03, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Financial services company LOM Financial Ltd has purchased 34,900 of its shares for cancellation, it announced in a filing with the Bermuda Stock Exchange.
LOM purchased the shares at an average price of $2.75 on Tuesday.
The company has 5,420,628 sh...
DATE: Apr 03, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
A total of 52,000 shares of Argus Group Holdings Ltd were traded on The Royal Gazette/BSX Index, with the share price improving one cent, or 0.5 per cent, to $2.19.
BF&M Ltd’s share price fell 25 cents, or 1.5 per cent, to $16.25 after 5,000 shares c...
DATE: Apr 03, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Fitch Ratings has downgraded the issuer default ratings of Digicel Group Limited, Digicel Group Two Limited and Digicel Group One Limited to ‘C’ from ‘CC’, ‘CC’, and ‘CCC’, respectively, following the suspension of interest payments on the latter two...
DATE: Apr 02, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Butterfield Bank were up $1.06, or 6.83 per cent, at $16.57 on the New York Stock Exchange.
Meanwhile, there was no trading on The Royal Gazette/BSX Index, which remained unchanged at 1,502.26, while the BSX Insurance Index was up 19.27 poi...
DATE: Apr 02, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
BF&M Ltd is discontinuing its dropbox collections for the timebeing, starting on Saturday, in order to support the “Shelter in Place” measures announced by the Bermuda Government.
In a statement, the company said: “BF&M wishes to inform customers tha...
DATE: Apr 02, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Hamilton UK Holdings Ltd has had debt securities valued at $100 million admitted for listing on the Bermuda Stock Exchange.
The 6.5 per cent senior unsecured notes are due in 2030. The listing sponsor is Clarien BSX Services Limited.
DATE: Apr 02, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff