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Shares of Argus Group Holdings Ltd fell 2.4 per cent in Bermuda Stock Exchange trading today to hit a 52-week low.
The insurer fell 10 cents to close on $4 as 2,457 of its shares changed hands.
Argus was the only stock to trade, leaving The Royal Gaz...
DATE: Aug 15, 2017
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CATEGORY:
Bermuda Stock Exchange
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Shares of BF&M Ltd fell by 15 cents, or 0.7 per cent, to $20.60 after 3,300 traded on The Royal Gazette/BSX Index.
There was also trading in shares of Butterfield Bank and One Communications, but with no change to their closing price.
On the New York...
DATE: Aug 15, 2017
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CATEGORY:
Bermuda Stock Exchange
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The Regulatory Authority has finalised the new licensing framework for the electricity sector.
In a statement, the regulator noted that third parties had expressed interest in offering alternatives to Belco as sources of power generation.
And the RA ...
DATE: Aug 15, 2017
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CATEGORY:
Local Business
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One Communications Ltd made a $2.1 million profit between May 2016 and the end of last year.
The figure was released in an earnings report that covers the telecoms company from the moment it completed its deal with US-based ATN International on May 3...
DATE: Aug 15, 2017
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Digicel will complete the roll-out of its new “Fibre-to-the-Home” network this year, the telecommunications company said today.
The service, which will take the fibre-optic network all the way to the home — differentiating it from rivals, Digicel say...
DATE: Aug 15, 2017
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CATEGORY:
Technology
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Somers Ltd reported a $6 million profit for the quarter ended June 30.
The financial-services investment holding company, which owns Bermuda Commercial Bank and holdings in the UK and Australia, said it had benefited from currency fluctuations during...
DATE: Aug 15, 2017
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CATEGORY:
International Business
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Three domestic-board stocks declined and two gained ground in Bermuda Stock Exchange trading last week.
A busy week left The Royal Gazette/BSX Index at 2,046.02, down 6.55 points, or 0.3 per cent from a week before.
Ascendant Group Ltd, owner of powe...
DATE: Aug 14, 2017
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CATEGORY:
Bermuda Stock Exchange
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Firefighter Mark Prior aims to turn up the heat in the fight world.
For Mr Prior, a member of the Bermuda Fire & Rescue Service, has opened Bermuda Combat Club — dedicated to the “gentle art” of Brazilian Jiu-Jitsu and mixed martial arts cage fightin...
DATE: Aug 14, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) – A Los Angeles man who was born into a life of white-collar crime with an opulent lifestyle was ordered to serve more than 14 years behind bars for ripping off poor Native Americans, a sentence that tacked five years to time he’...
DATE: Aug 14, 2017
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CATEGORY:
Reinsurance
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A pool maintenance veteran has seen a rise in the number of customers switching from freshwater to saltwater pools.
Tim McKittrick, owner of Tim’s Pools Ltd, has been in business for 15 years and witnessed many changes during this time.
He said: “Sa...
DATE: Aug 14, 2017
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CATEGORY:
Local Business
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