75908 results returned for search: "" category "Business"
Bermuda-based insurance company Enstar Group Ltd last night announced earnings that trounced analysts’ estimates and reported that its shareholders’ equity passed the $2 billion mark.
The company, which specialises in run-off acquisitions, said net e...
DATE: Aug 12, 2014
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CATEGORY:
Reinsurance
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Butterfield Bank and BF&M Ltd both gained in Bermuda Stock Exchange trading today, while the utilities fell.
Butterfield climbed one cent, or 0.5 percent, to close on $2, as 133,254 shares changed hands.
Insurer BF&M was the biggest climber, gaining ...
DATE: Aug 12, 2014
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CATEGORY:
Bermuda Stock Exchange
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PRESS RELEASE
Watlington Waterworks Limited — Directorate Changes
HAMILTON, Bermuda — 12 August, 2014 — In a filing with the Bermuda Stock Exchange (“BSX”), Watlington Waterworks Ltd. (the “Company”; Ticker: WWW.BH) announced that at the Annual Gener...
DATE: Aug 12, 2014
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CATEGORY:
Other
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KeyTech Ltd and Argus Group Holdings Ltd both logged gains of more than five percent in Bermuda Stock Exchange (BSX) trading last week.
KeyTech, in the news recently for its plans to sell off the Bermuda Telephone Company and take a controlling inter...
DATE: Aug 11, 2014
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CATEGORY:
Bermuda Stock Exchange
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Shares of Bermuda-based reinsurer Third Point Reinsurance Ltd gained nearly four percent in New York trading after posting earnings that beat analysts’ expectations.
The company, whose investments are managed by billionaire hedge fund manager Dan Loe...
DATE: Aug 11, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A new conference aimed at the trust industry will come to Bermuda next year.
IBC Global Conferences will host the first “Transcontinental Trust: Bermuda Forum” at the Fairmont Southampton on April 27 and 28, 2015. The conference is expected to draw s...
DATE: Aug 11, 2014
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CATEGORY:
International Business
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Lovit Boutique is to close its Queen Street store next Saturday.
However, owner Jenia Thompson said yesterday that the three-year-old store had plans to reopen in the near future — possibly within a year.
Lovit has one full-time employee, Ms Thompson...
DATE: Aug 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Bermuda may now be the best jurisdiction in which to set up an offshore fund according to a New York attorney who works with the asset management industry.
Jack Rigney, of Manhattan-based Seward & Kissel, sang the praises of the Island in an internat...
DATE: Aug 11, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
The Montpelier Re Foundation has awarded scholarships worth a combined $15,000 to two Bermudian students.
Meteorology student Michael Cavin Johnston receives $9,000, while the Foundation awarded $6,000 to medical student Erek Tivon McLaine Fox. Both ...
DATE: Aug 11, 2014
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CATEGORY:
Other
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In a filing with the Bermuda Stock Exchange, the Bank of NT Butterfield & Son Ltd announced that during the month of July, 2014, the Bank purchased for Treasury 1,141,532 Common Shares at an average price of $1.996 per share. In addition, in July, th...
DATE: Aug 11, 2014
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CATEGORY:
Other
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