76407 results returned for search: "" category "Business"
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.
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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
Shares of Butterfield Bank and KeyTech Ltd rose to drive The Royal Gazette/BSX Index higher last week.
Butterfield was the biggest climber, advancing four cents, or 2.3 per cent, to close on $1.80 as 19,874 shares traded.
Telecommunications firm KeyT...
DATE: Aug 10, 2015
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CATEGORY:
Bermuda Stock Exchange
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A menswear store in Hamilton is picking up trade and providing a creative outlet for Janika Fields.
Becoming a shop owner was not her plan when she went overseas to study for a Bachelor’s of Fine Arts degree, with a concentration in advertising desig...
DATE: Aug 10, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
An east end restaurant is highest rated in St George’s on travel site TripAdvisor after just a year in business.
Tempest, in the former Carriage House premises in St George’s, came top in St George’s and sits in third spot Island-wide on the influent...
DATE: Aug 10, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Enstar Group Ltd’s net income plunged by more than two thirds on investment losses.
The Bermuda-based insurer, which specialises in buying companies or units that have stopped writing new business and managing their assets and ongoing obligations, ma...
DATE: Aug 10, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index closed unchanged at 1,265.27 after a day of no trades.
The BSX Insurance Index ended the day down 3.67 points (0.22 per cent) at 1,643.75.
DATE: Aug 10, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My wife and I are thinking about selling our home. I was recently let go because of downsizing, and I’ve begun a job in real estate but things are starting slowly. My wife works as a teacher, and the only debt we have is our house payment....
DATE: Aug 08, 2015
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CATEGORY:
Personal Finance
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Insurance and reinsurance giant XL Catlin is to launch a $1 billion share buy-back programme and raise its dividend by 25 per cent.
The new scheme replaces a previous programme, which had around $97.6 million remaining.
The company said the share acq...
DATE: Aug 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor