65 results returned for search: "" category "Local Business" author Jonathan Kent
First-quarter profit more than doubled to $6.2 million for Somers Ltd, owner of Bermuda Commercial Bank.
The profits were generated principally by BCB and Waverton, a UK investment management company in which Somers has a 62.5 percent controlling int...
DATE: Feb 27, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Butterfield Bank yesterday announced that full-year net income more than tripled to $78.2 million in 2013.
Core earnings, which eliminate items “outside the course of normal business”, were up 39.5 percent to $76.6 million.
In its earnings statement ...
DATE: Feb 26, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Butterfield Bank today announced that full-year net income more than tripled to $78.2 million in 2013.
Core earnings, which eliminate items “outside the course of normal business”, were up 39.5 percent to $76.6 million.
In its earnings statement toda...
DATE: Feb 25, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Bermuda First Investment Company Ltd (BFIC) recorded a $0.8 million profit for the first six months of its fiscal year — but saw the value of its investments fall by $4.3 million.
The company, which invests in a variety of Bermuda Stock Exchange-list...
DATE: Feb 24, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Where are all the people looking for work in the construction industry?
That is the question being posed by Alex DeCouto, president of Greymayne Contracting, who launched an employment agency for his industry last month and has received only three re...
DATE: Feb 20, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
A newly formed Bermuda company has agreed a deal that will give it a controlling interest in Capital G Bank Ltd.
Yesterday, Capital G Ltd announced it had agreed to amalgamate with Clarien Group Ltd, a wholly owned subsidiary of Bermuda exempted comp...
DATE: Jan 08, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Retailers took 0.1 percent more at the till in October this year than in the same month last year, driven by a 9.3 percent increase in motor vehicle sales.
However, after inflation was taken into account, retail sales volume fell 0.9 percent, as rece...
DATE: Dec 03, 2013
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Watlington Waterworks Ltd is marking its 80th anniversary with the release of a new book chronicling the company’s history.
“Harry’s Dream” describes how Sir Henry Watlington, in the early years of the 20th century, saw the need for a supply of fresh...
DATE: Dec 03, 2012
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Watlington Waterworks is about to take its water pipeline west beyond Somerset Bridge — at least once it overcomes an unexpected delay it encountered this week.
The company, which provides water gathered from the freshwater lens in the Devonshire mar...
DATE: Dec 03, 2012
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Butterfield Bank yesterday said its core earnings increased nearly 40 percent year-over-year through the first nine months of this year.
Improved investment returns and cost reductions helped Butterfield to core earnings of $37.9 million through the ...
DATE: Oct 31, 2012
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
