6858 results returned for search: "" category "Business" author Business Staff
Economist Robert Stubbs will give a public presentation on how the island’s economy can be rejuvenated.
Wednesday evening’s presentation, entitled “Building an Economic Roadmap to Bermuda’s Future” will detail an economic stimulus programme for Bermu...
DATE: Jul 23, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Aviation finance lawyer Angela Atherden is flying high.
Ms Atherden, who is counsel at Conyers’ Bermuda office, has been recognised as a “rising star” by Airfinance Journal, a market-leading financial publication of the global aircraft and aviation b...
DATE: Jul 23, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Ascendant Group rose by nearly 25 per cent as the company announced a special shareholders meeting on August 9 to consider its proposed sale to Algonquin Power & Utilities Corporation.
The company, owner of power utility Belco, gained $5.99...
DATE: Jul 23, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Bermudian-based insurance holding company American Overseas Group Ltd has reported a net loss of $3.2 million and an operating loss of $600,000 for the year ended December 31.
The results were announced on Friday in a regulatory filing with the Bermu...
DATE: Jul 22, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Somers Ltd, the financial-services holding company, was the only stock to trade in Bermuda Stock Exchange trading.
Somers closed unchanged on $15 as 800 shares changed hands.
In New York, Butterfield Bank’s US-listed shares fell 23 cents, or 0.69 per...
DATE: Jul 22, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Butterfield Bank has been assigned senior unsecured debt and deposit ratings of A+, a subordinated debt rating of A by Kroll Bond Rating Agency.
Butterfield also received a short-term debt and deposit rating of K1. The outlook for all long-term rati...
DATE: Jul 19, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of One Communications Ltd were up 10 cents, or 2.7 per cent, at $3.75 after 10,000 traded on The Royal Gazette/BSX Index.
BF&M Ltd retreated five cents, or 0.3 per cent, to $17 after 7,805 shares changed hands, while Butterfield Bank was down ...
DATE: Jul 19, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Jamel Easton is on his way to a career in air conditioning and mechanics after graduating from the Bermuda College, as part of Bermuda Air Conditioning’s apprenticeship programme.
Mr Easton discovered his passion for the industry in high school whil...
DATE: Jul 19, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermuda Aviation Services Ltd reported net income of $0.6 million for the year ended March 31, 2019 compared to a net loss from continuing operations of $3.8 million in the prior year.
Total comprehensive income was $0.4 million for the current year ...
DATE: Jul 19, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Shares of Argus Group Holdings Ltd fell by 25 cents, or 7.7 per cent, to $3 after 8,000 traded on The Royal Gazette/BSX Index.
Butterfield Bank shares were 24 cents, or 0.7 per cent lower, at $33.10 after 2,900 changed hands. In New York, the bank’s ...
DATE: Jul 19, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff