75808 results returned for search: "" category "Business"
Bank of Butterfield shares today dropped 75 cents to $23.50 in Bermuda Stock Exchange trading.
The fall, equivalent to 3.2 per cent, came after 125,546 shares changed hands and came after a 25 per gain last Friday as the bank enjoyed a successful IPO...
DATE: Sep 19, 2016
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda made its mark on the New York Stock Exchange yesterday as Butterfield Bank sold its first US shares, a troupe of Gombeys took to the trading floor and Michael Dunkley rang the opening bell.
It was all to mark Butterfield’s initial public offe...
DATE: Sep 17, 2016
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CATEGORY:
International Business
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Dear Dave,
My husband and I own three commercial buildings in Boise, Idaho, that are leased out long-term. We owe about $500,000 on one and $400,000 on each of the others, and they earn $190,000. The only other debt we have is a small amount left on ...
DATE: Sep 17, 2016
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CATEGORY:
Personal Finance
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Butterfield Bank’s initial public offering of shares on the New York Stock Exchange is scheduled to take place this morning.
Last night the bank announced that the 10.6 million shares to go on sale will have an asking price of $23.50 per share — repr...
DATE: Sep 16, 2016
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CATEGORY:
International Business
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Law firm Marshall Diel & Myers was yesterday crowned Bermuda’s top employer.
The Hamilton company topped the rankings in The Bottom Line Top Ten Employers Awards.
Adam Richards, appointed managing director of the firm this month, said: “We are very s...
DATE: Sep 16, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Businessman Amre Elsayed has spent decades in the restaurant business.
But now he’s struck out on his own with a new takeaway with a touch of class and a flavour of the east.
Casablanca, named after the Moroccan city, offers traditional Middle Easter...
DATE: Sep 16, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank shares surged more than 25 per cent in Bermuda Stock Exchange trading today as the bank launched its $250 million initial public offering on the New York Stock Exchange.
The bank closed up $4.95 at $24.25, as 172,756 shares were exch...
DATE: Sep 16, 2016
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank got off to a flying start with its initial public offering of shares in New York this morning.
After Michael Dunkley, the Premier, and Michael Collins, Butterfield’s chief executive officer, rang the opening bell at the New York Sto...
DATE: Sep 16, 2016
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CATEGORY:
International Business
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Somers Ltd, parent company of Bermuda Commercial Bank, intends to buy a majority stake in Australian financial institution Resimac Ltd for $88.5 million.
The Bermudian-based company announced it had agreed to acquire a 79 per cent stake in Resimac f...
DATE: Sep 16, 2016
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CATEGORY:
International Business
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Bottom Line Magazine: Bermuda’s Top Ten Employers ( Photograph by Akil Simmons)
DATE: Sep 15, 2016
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CATEGORY:
Other
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