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31 of $6.1 million ($0.46 per common share) a seven percent increase over the same period for 1993. End of year profits totalled $23.9 million or $1.80 per common share, an increase of 16 percent over 1993. The company said the results were affected ...

Equitor's internationl trust business helped push the Bank of Bermuda's half year profits down six percent, the bank reported yesterday. The Island's largest bank reported net income for the period to December 31 of $19.28 million, down six percent f...

Miss Lois Perinchief has been a woman in business for half a century. Next year will mark her 50th anniversary as an east end retailer. She returned to Bermuda in 1946 from Canada, the year after a bloodied global community stepped back in horror fro...

week and has been advising its customers they can expect 1995 to bring lending rates to ten or 11 percent. The move on the deposit side came just two days after the US Federal Reserve Board pushed interest rates higher for the seventh time in less th...

Firmly at the helm of the family business since 1991, Gosling Brothers Ltd.'s vice-chairman and president Ms Nancy Gosling, 41, will play a significant role in the company's plans to go global this year. The near 190-year-old wine and spirits firm's ...

of December slumped 16.5 percent, when compared to the same period in 1993. Net income for the period stood at $13.7 million, which is also below the 1992 profit. Net income from operations had stood at $14.6 million, down 10.8 percent from 1993, bef...

Bermuda affiliate, is set to go to court in London and New York over claims that key executives conspired to damage the business. Meanwhile the top executives of the Bermuda company, Advertising Associates Company Ltd. (AAC), are watching the still u...

Miles Market, on the Waterfront off Pitts Bay Road, is three weeks into a new campaign that has seen the introduction and marketing of a new line of gourmet items that are having wide appeal. One of the attractions is that the products have a good pr...

leading excess liability carrier ACE Ltd. for net realised losses of nearly $45 million during its first quarter. It led to a drastic decline in net income for the first three months to December 31, the company reported yesterday. Net income for the ...

month, Stockholm Re (Bermuda) Ltd. was placed into compulsory winding up on Wednesday. The company is preliminarily estimating total liabilities of $64 million and a capital deficiency of nearly $14 million. Mr. Mark Smith of Deloitte & Touche in Ber...