2353 results returned for search: "" category "Other" author Jonathan Kent
Investors interested in an expected near five percent annual return offered by a new Bermuda Government bond issuance can learn more at two public information sessions next week.
The events will take place next Tuesday, December 3, and Wednesday, Dec...
DATE: Nov 27, 2013
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda expects to see 21,000 more cruise ship visitors in 2014 than this year, Tourism and Transport Minister Shawn Crockwell said today.
Mr Crockwell said in the House of Assembly this morning that the Norwegian Breakaway will make 22 visits to the...
DATE: Nov 22, 2013
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank spent $1.84 million buying back nearly 1.5 million of its own shares in September.
In a filing with the Bermuda Stock Exchange (BSX) yesterday, the bank said it bought for Treasury 1,494,678 common shares at an average cost of 1.232 ...
DATE: Oct 04, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The downgrade of Bermuda’s credit rating by Fitch will cost taxpayers $15.5 million in extra interest payments on this week’s Government bond issue, according to the opposition One Bermuda Alliance (OBA).
In a press conference today, Shadow Finance M...
DATE: Jun 27, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
HSBC Bank Bermuda Ltd made net income of $152 million, the bank revealed today.
Although that was down 38 percent from 2010, the underlying performance, which strips out the impact of parts of the business being sold off, showed a three percent impr...
DATE: Mar 01, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Government spent nearly $276 million more than it took in revenues in the fiscal year ending March 31, 2011, according to accounts tabled today in the House of Assembly.
Current account expenses, which include non-cash items, were $1.27 billion. Curr...
DATE: Feb 17, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd made a net loss of $3.9 million for the six months ended September 30, 2011, driven by a soured investment in a Bermuda-based reinsurance company, the company announced yesterday.
The insurer said results were impacted by an ...
DATE: Dec 19, 2011
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Life insurance policyholders of the folded British-American Insurance Company (BAICO) will get back at least some of the money they are owed by Christmas.
The Official Receiver, Stephen Lowe, announced last night that creditors will be able to pick u...
DATE: Nov 30, 2011
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Government has come out against forcing CellOne to provide interconnection to Digicel-Transact’s new long-distance service.
A statement from CellOne said on Friday that the Attorney General’s Chambers, on behalf of Environment Minister Walter Roban, ...
DATE: Oct 24, 2011
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda Motors has made five redundancies in its spare parts and sales departments, The Royal Gazette can reveal.
The company said the job losses came as a result of “the review of the Bermuda Motors business model, changes in the current economic en...
DATE: Oct 05, 2011
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
