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A total of 100 Bank of Butterfield shares worth $175 traded on The Royal Gazette/BSX Index.
The sale pushed the bank’s price up one cent (0.6 per cent) to $1.75.
The Royal Gazette/BSX closed up 4.46 points (0.36 per cent) at 1,238.84.
The BSX Insuran...
DATE: Aug 12, 2015
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CATEGORY:
Bermuda Stock Exchange
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A total of two new companies were registered in Bermuda last month.
TDL Bermuda, a Class 1 firm, and Class D Old Mutual (Bermuda) Re joined the ranks of the business world.
The two brings the number of new company registrations so far this year to 47...
DATE: Aug 11, 2015
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CATEGORY:
Other
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A Hall of Fame US university basketball coach, a management guru and a surgeon who is also a TV host shared their tips on getting the best out of people at leading human resources event in Las Vegas.
Mike “Coach K” Krzyzewski, Marcus Buckingham, and ...
DATE: Aug 11, 2015
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CATEGORY:
Bermuda Works
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Bermuda Tourism Authority has snagged the prestigious Twitter handle @Bermuda.
The move is a clear sign of how important it can be for businesses and organisations to secure a Twitter account with a short and easy to remember name.
Previously the BTA...
DATE: Aug 11, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Hesitation. In these times the old saying that “he who hesitates is lost” is truer than ever before. Bermuda is facing some difficult times and yet among these challenges lie opportunity for those with the foresight and resourcefulness to look to the...
DATE: Aug 11, 2015
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CATEGORY:
Other
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NEW YORK (Bloomberg) — Hedge fund manager Dan Loeb said he’s looking for opportunities in energy-related debt after oil prices resumed their decline.
“Energy is presenting some very interesting opportunities in credit right now,” Loeb said in a confe...
DATE: Aug 11, 2015
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CATEGORY:
Reinsurance
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The London subsidiary of Bermuda-based reinsurer has appointed a new global head to concentrate on risk from political violence and aviation war.
Steven Tebbut is to become global practice leader in the specialist area at Talbot Underwriting — a new ...
DATE: Aug 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 128,962 shares in the Bank of Butterfield traded on The Royal Gazette/BSX Index.
The deal saw the bank’s shares fall six cents (3.3 per cent) to $1.74.
Insurance company BF&M saw 7,000 of its shares changes hands, leaving its price unchang...
DATE: Aug 11, 2015
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CATEGORY:
Bermuda Stock Exchange
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The value of imported goods fell 1.4 per cent to $217 million in the first quarter of the year.
The latest Government balance of payments statistics show that there was a $17 million drop in imports from the Island’s largest trading partner, the US.
...
DATE: Aug 11, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
LOM Financial Ltd swung to a $225,747 net loss in the first half of the year, as the company made less on broking fees but more on management and advisory fees.
The loss compared to a profit of $90,605 for the first half of 2014.
But in a letter to s...
DATE: Aug 11, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
