75782 results returned for search: "" category "Business"
HSBC Bank Bermuda Ltd booked net profits of $117 million last year — up more than a third on 2015.
A fall in loan impairment provisions and lower operating expenses after the sale of private banking operations last year contributed to the increase.
M...
DATE: Feb 24, 2017
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Other
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Bermudian telecoms firm One Communications has boosted the revenues of the US firm that owns more than half of it.
Massachusetts-based ATN International, which last year acquired a 51 per cent stake in One, formerly known as KeyTech, announced net in...
DATE: Feb 24, 2017
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Other
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The Royal Gazette/BSX Index today closed unchanged at 1,958.57.
The Bank of Butterfield was static at $32 after 1,125 shares traded.
Investment holding company Somers Ltd was also unchanged at $13.75 after 200 shares moved.
On the New York Stock Exch...
DATE: Feb 24, 2017
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Press (Holdings) Ltd’s full-year profit more than doubled to $1.26 million as cost-cutting measures bore fruit.
While revenue fell in the year ended September 30, 2016, the group was able to generate a $750,000 increase in consolidated net pr...
DATE: Feb 23, 2017
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Other
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Corporate secretarial services firm BeesMont has appointed a new deputy manager.
Rovonne Sampson joins the company from Harborview Corporate Services, where she was vice-president.
She said: “Joining BeesMont has been a great honour. I have been warm...
DATE: Feb 23, 2017
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CATEGORY:
Local Business
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There is more than a new look at Premier Health and Wellness Centre, in Hamilton.
Based at the premises formerly used by the late Niall Aiten, it is owned and operated by Stanley James.
During the past year the practice has undergone a transformation...
DATE: Feb 23, 2017
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Chief risk officers have become firmly established within Bermuda’s re/insurance companies, a survey reveals.
EY’s first survey of the island’s insurance CROs found that 100 per cent of respondents had unfettered access to the Board, Risk and Audit C...
DATE: Feb 23, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Owning your share of Bermuda may be easier than you think.
A new campaign launched by the Bermuda Stock Exchange is encouraging the public to take advantage of investment opportunities at home.
The key message is that by putting a few dollars into pu...
DATE: Feb 23, 2017
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CATEGORY:
Bermuda Stock Exchange
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Bermudian jobs could face the axe as international telecoms firm Digicel announced plans to cut 25 per cent of its worldwide workforce over the next 18 months.
But Digicel stayed tight-lipped on whether the island would be affected by the job losses....
DATE: Feb 23, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield today announced the pricing of its secondary offering of shares at $31.75 per share.
Several shareholders are selling off portions of their stakes in the bank amounting to a total of 9.55 million shares.
The majority of the offering is co...
DATE: Feb 23, 2017
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CATEGORY:
Other
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