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Shares of Bank of Butterfield dropped 50 cents to $33.50 on The Royal Gazette/BSX Index. The drop, equal to 1.5 per cent, came after 200 shares traded. Insurance company BF&M was unchanged at $20.60 after 3,338 shares changed hands. On the New York S...

Somers Ltd was the big winner in a quiet week of trading on the Bermuda Stock Exchange. The financial-services holding company and owner of Bermuda Commercial Bank gained 50 cents, or 4 per cent, to rebound from its 52-week low and close last Friday ...

Luxury British watchmaker Bremont has unveiled a new exclusive gold watch to mark its association with the America’s Cup. Giles English, co-founder of the brand with brother Nick, said only 35 of the $22,495 rose gold Bremont AC35 have been made and ...

Former US Navy chief boatswain Dean Bottomley is riding the crest of a wave thanks to the America’s Cup. For Captain Bottomley, of the family-owned specialist diving firm First Division Maritime Consulting and Services, landed the lucrative contract ...

Kevin Richards has joined the board of the Bermuda International Shipping Association. Mr Richards is a business development manager with the Bermuda Business Development Agency, and one of his areas of focus is shipping. He described the shipping as...

Butterfield & Vallis enjoyed a record-breaking month of May in the run-up to the America’s Cup, seeing sales volume surge and more than 2,300 hours of overtime paid to staff. The food wholesaler and distributor said it also hired 24 extra Bermudian s...

BF&M Ltd’s profits fell by more than $1 million in the first quarter, as results were impacted by the knock-on effects of last year’s hurricane activity. The insurer and pension provider reported net income of $6 million for the first three months of...

Retail sales increased 2.3 per cent in value in April, just over $2 million higher than the same month a year ago. Total retail sales were estimated at $94.8 million. The volume of retail sales was up 1.4 per cent year-on-year. Five of the seven sect...

Shares of Bermuda Aviation Services jumped 70 cents to $2.45 on The Royal Gazette/BSX Index. The increase, equal to 40 per cent, came after 6,000 shares traded. On the New York Stock Exchange, the Bank of Butterfield shed 60 cents, or 1.73 per cent, ...

Randall & Quilter Investment Holdings Ltd has announced two loss portfolio transfer reinsurance contracts in successive days. The deals will transfer around $90 million in undiscounted liabilities to the Bermudian-based insurance services and investm...