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A total of 2,000 shares in insurance group Argus today changed hands on the Bermuda Stock Exchange.
The trade left the firm’s price up ten cents, or 2.7 per cent, at $3.80.
The Royal Gazette/BSX Index closed up 1.99 points (0.17 per cent) at 1,193.97...
DATE: Jun 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Two firms with a Bermuda presence are to merge in an $8.7 billion deal.
Insurance and reinsurance broker Willis Group Holdings is to join forces in an all-stock transaction with professional services firm Towers Watson to add consulting operations an...
DATE: Jun 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank and Argus Group Holdings Ltd helped to send The Royal Gazette/BSX Index higher last week.
Butterfield was the biggest gainer of the week, climbing four cents, or 2.5 per cent, to close on $1.65 as 5,800 shares changed hands.
Argus al...
DATE: Jun 29, 2015
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CATEGORY:
Bermuda Stock Exchange
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Professional services firm Deloitte has awarded a two-year scholarship worth up to $40,000 as part of its effort to attract young Bermudians into business.
The winner of the annual award for this year is Chelsea Smith, who is studying for a Bachelor ...
DATE: Jun 29, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Digicel is on the move — to a former clothing store.
The firm — which already has a store on Hamilton’s Church Street — is set to move into the former Makin’ Waves store on the same street.
The storefront has already been painted in Digicel’s corpora...
DATE: Jun 29, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
It is understandable why one might be tempted in Bermuda to be caught up entirely on local issues and focused on what meets us right in the face. Being an isolated oceanic island makes that approach to life more likely but we would be guilty of being...
DATE: Jun 29, 2015
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CATEGORY:
Reinsurance
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There’s still time for your company to be ranked among the Island’s ten best employers.
Due to continuing interest in The Bottom Line’s Top Ten Employers survey, the business magazine has decided to extend the deadline for entries until July 24.
This...
DATE: Jun 29, 2015
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CATEGORY:
Other
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Power firm Belco has given Government’s new electricity sector policy its cautious backing.
The news came after Government on Friday said it wanted high-quality, low cost power services — as well as methods that were kind to the environment, secure a...
DATE: Jun 29, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Only on stock was traded on The Royal Gazette/BSX Index. A total of 2,100 shares of Butterfield Bank, worth $3,465, were exchanged, leaving the stock’s closing price unchanged at $1.65.
The Royal Gazette/BSX Index also closed unchanged at 1,191.98. T...
DATE: Jun 29, 2015
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CATEGORY:
Bermuda Stock Exchange
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Insurer Argus Group Holdings Ltd posted an annual profit of $16 million — despite taking a hit from hurricanes Fay and Gonzalo.
The earnings for the year through the end of March 2015, which broke down to 76 cents per share, were up from $13.3 millio...
DATE: Jun 29, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
