75782 results returned for search: "" category "Business"
Bermudian reinsurers are weighing restructuring options in response to US tax reform legislation that could be signed by President Donald Trump as early as this week and come into effect by the start of next year.
Tax expert Will McCallum said that t...
DATE: Dec 18, 2017
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CATEGORY:
Reinsurance
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A total of 4,900 shares of LOM Financial Ltd were traded on The Royal Gazette/BSX Index, but with no change to the stock’s closing price.
There was also an exchange of 125 shares of Somers Ltd, again with no impact on the stock’s price.
The Royal Gaz...
DATE: Dec 18, 2017
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CATEGORY:
Bermuda Stock Exchange
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Somers Ltd, owner of Bermuda Commercial Bank, said net income fell nearly 40 per cent to $19.4 million for the year ended September 30.
The financial-services holding company with interests in the UK, Australia and Ireland said BCB had made a $1.1 mi...
DATE: Dec 18, 2017
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CATEGORY:
International Business
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Barring a collapse in the last few weeks of the year, US stocks will post their ninth consecutive calendar-year gain once you include dividends. The only other time the S&P 500 has advanced for nine straight years on the basis of total returns was in...
DATE: Dec 16, 2017
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CATEGORY:
Personal Finance
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Dear Dave,
What do you think about online investing apps, and the way they allow you to jump in and out of stocks for really low fees?
— Anonymous
Dear Anonymous,
I don’t think about them, and I don’t use them. And I don’t play single stocks — perio...
DATE: Dec 16, 2017
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CATEGORY:
Personal Finance
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Bermis are on the road. The island’s newest electric car has been licensed by the Transport Control Department, and customers can now buy the nifty runarounds.
Mike Swan, the entrepreneur who brought the pocket-sized vehicles to the island, is hopefu...
DATE: Dec 15, 2017
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CATEGORY:
Local Business
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“Bionic underwriters” could soon be transforming the insurance industry, combining experienced judgment and human ingenuity, but supported and enhanced by the speed and strength of technology.
That was a vision expressed by Albert Benchimol, chief ex...
DATE: Dec 15, 2017
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CATEGORY:
Reinsurance
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Polaroid instant cameras have come full circle and are back in style, proving popular among locals.
The instant camera uses self-developing film to create a print shortly after taking the picture.
The Polaroid camera was invented by scientist Edwin ...
DATE: Dec 15, 2017
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CATEGORY:
Local Business
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Bermuda Aviation Services Ltd has suspended dividend payments to shareholders amid an in-depth review of its businesses as it posted a half-year loss of $0.3 million.
The Bermuda Stock Exchange-listed company said the loss in the six months ended Sep...
DATE: Dec 15, 2017
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CATEGORY:
Local Business
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The Royal Gazette/BSX Index fell by more than 1 per cent on falls in the share prices of Butterfield Bank and One Communications Ltd.
Telecommunications group One was the most actively traded stock on the Bermuda Stock Exchange and fell 24 cents, or ...
DATE: Dec 15, 2017
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CATEGORY:
Bermuda Stock Exchange
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