6856 results returned for search: "" category "Business" 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
The Bermuda Monetary Authority has advised that due to the Good Friday holiday on April 10, applications for review by the Assessment and Licensing Committee will be deliberated on April 9. The ALC applications must be submitted no later than 5pm on ...
DATE: Apr 02, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Butterfield Bank were down $1.52, or 8.93 per cent, at $15.51, on The New York Stock Exchange.
Meanwhile, The Royal Gazette/BSX Index was quiet with no trades. The Index closed unchanged at 1,502.26, while the BSX Insurance Index was down 7...
DATE: Apr 01, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Companies without the ability to sell their products and services online can now do so quickly and easily through a virtual marketplace created AAC/Ptix.
Vicki Coelho, chief executive officer of AAC/Ptix, said: “This is the time for Bermudians to sho...
DATE: Apr 01, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Butterfield Bank’s previously announced changes to credit card rates and fees, which were to have taken effect on March 31, have been suspended until further notice.
In a statement, the bank said: “Those changes were planned and announced in advance ...
DATE: Apr 01, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff