75877 results returned for search: "" category "Business"
Shares in BF&M Ltd improved 10 cents to $17.30 after 2,400 were traded on The Royal Gazette/BSX Index yesterday.
Also improving were shares of Watlington Waterworks, which were 25 cents higher at $20.25 after 1,000 were exchanged.
A total of 22,874 ...
DATE: Jul 27, 2015
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CATEGORY:
Bermuda Stock Exchange
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A second investment advisory firm has backed a bid by Italian company Exor for Bermuda-based reinsurer PartnerRe.
Glass Lewis advised shareholders in PartnerRe to reject the rival merger proposal from Axis Capital as the all-cash Exor offer is superi...
DATE: Jul 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield yesterday reported second-quarter profits of $26.4 million compared to $27.5 million in the second quarter of 2014 — a drop of $1.1 million.
And the bank’s board declared an interim dividend of one cent a share.
Bank chairman ...
DATE: Jul 27, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Zurich International (Bermuda) has donated $15,000 to the Bermuda Foundation for Insurance Studies. The firm has supported the organisation since 1998.
“We are very pleased to continue our support of the Bermuda Foundation for Insurance Studies as it...
DATE: Jul 27, 2015
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CATEGORY:
Reinsurance
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Being a newlywed is awesome. I reflect on that season of my life as one filled with joy and anticipation. Sure, that first year of marriage was full of challenges, enormous adjustments and unexpected changes, but on the whole it was great.
We found s...
DATE: Jul 25, 2015
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CATEGORY:
Personal Finance
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Customers are in for a surprise when they next visit Mystique’s Unique in the Bermudiana Arcade on Queen Street.
The shop, which markets itself as “providing functional fashions”, has undergone a makeover and increased its range of stock. All will b...
DATE: Jul 24, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A frozen yoghurt store is to open a branch in St George’s — with its doors opening around the Cup Match weekend.
Yo Cherry owner Carlos Francis — who opened his first store in Hamilton in 2013 — said public demand had led to the move.
Mr Francis, a f...
DATE: Jul 24, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
More than 50 people attended a seminar aimed at helping would-be entrepreneurs set up their first business venture.
The seminar, organised by Roxanne Christopher, the North East Hamilton economic development coordinator for the Bermuda Economic Devel...
DATE: Jul 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) — Chubb Corp, the insurer that agreed this month to be bought by Ace Ltd, said second-quarter profit slipped 1 per cent on weaker investment results and costs tied to the transaction.
Net income decreased to $494 million, or $2.1...
DATE: Jul 24, 2015
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CATEGORY:
Reinsurance
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By Sonali Basak
NEW YORK (Bloomberg) — A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the US had people thinking one thing: cyberattack.
It wasn’t, but the July 8 inci...
DATE: Jul 24, 2015
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CATEGORY:
Reinsurance
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