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The Bank of Butterfield today rose one cent to $1.98 after 21,500 shares traded on the Bermuda Stock Exchange.
The bank ended the day 0.5 per cent up on the previous day’s trading.
Telecoms firm KeyTech saw 17 shares move, leaving its price unchanged...
DATE: Mar 31, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Endurance Specialty Holdings Ltd has agreed to acquire fellow Bermuda-based reinsurer Montpelier Re Holdings Ltd in a $1.83 billion deal.
The new combined company will be run by Endurance’s senior management team from its headquarters in Waterloo Hou...
DATE: Mar 31, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
KeyTech Ltd shares lost a quarter of their value during the past trading week, as The Royal Gazette/BSX Index slumped by almost 1.5 per cent.
Telecommunications firm KeyTech finished the week on a 52-week low of $3, down $1 for the week, on the tradi...
DATE: Mar 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Veteran insurance chief Richard Brindle is set to return to the business as part of a new $2 billion insurance venture on the Island.
Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will become head of Fidelis Insurance Holdings — a hy...
DATE: Mar 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A global money manager has struck a deal with a small Bermuda firm to distribute its investment products on the Island.
BNY Mellon Investment Management EMEA Ltd, which describes itself as the world’s largest world’s largest multi-boutique asset mana...
DATE: Mar 30, 2015
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Only one domestic-board company traded on the Bermuda Stock Exchange today.
A total of 11,340 shares worth $22,339 in the Bank of Butterfield moved, leaving its price unchanged at $1.97.
The Royal Gazette/BSX Index closed unchanged at 1,341.66, while...
DATE: Mar 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
What’s your opinion on rewarding children with money for getting good grades in school?
Joe
Dear Joe,
Honestly, I don’t have a strong opinion about it one way or the other. We didn’t pay our children for good grades, but I can’t really th...
DATE: Mar 28, 2015
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CATEGORY:
Personal Finance
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With the temperature rising, many of us begin thinking of the beautiful waters of Bermuda and in particular, ensuring that our water vessels are in good working order for the upcoming summer days.
Boat owners should first ensure that the registration...
DATE: Mar 27, 2015
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CATEGORY:
Other
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Bermudian Paul Telford has been appointed managing director at the luxury Rosewood Tucker’s Point resort.
Mr Telford moves up from his present post as resort manager, a job he had held for two years, with a total of seven years at the St George’s Par...
DATE: Mar 27, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Saltus Grammar School team is close to a podium spot in the KPMG Investment Challenge.
But the Bermuda Bankrupters’ fourth place is still outperforming the two other Saltus teams, who are propping up the table in 19th and 20th places.
Saltus accoun...
DATE: Mar 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
