77130 results returned for search: "" category "Business"
The Royal Gazette/BSX Index fell more than a half per cent last week as three domestic-board stocks fell and only one gained.
Bermuda Aviation Services Ltd made the biggest move, sliding 75 cents, or 25 percent to close the week on $2.25, as 10,300 s...
DATE: Dec 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank is to axe phone banking in the new year.
The bank said a lack of demand, new technology and support needs were behind the decision to end the service.
A spokesman for the bank said: “Telephone banking has been trending downward, whil...
DATE: Dec 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of Ascendant Group Ltd fell to a new 52-week low in Bermuda Stock Exchange trading today.
The company, which owns electricity provider Belco, fell 15 cents, or 2.8 per cent, to close on $5.25, as 5,000 shares changed hands.
Over the past ten ...
DATE: Dec 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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Insurance firm Argus yesterday announced a net profit of $10.6 million for the six months up to the end of September — a jump of $9 million on the same period last year.
And the firm announced a dividend of seven cents per share, payable next Februar...
DATE: Dec 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Dear Dave,
Our daughter wasn’t very responsible with money until she read your books. Now, she has really started turning her life around. Recently, she learned she needs to have some expensive dental work done. Since she just started trying to mana...
DATE: Dec 13, 2014
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CATEGORY:
Personal Finance
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Executives of Bermuda-based Armour Group Holdings Ltd are hoping their investors can benefit from the acquisition of Mexico’s largest title insurer.
The acquired company, Fidelity National Title de Mexico, SA de CV, has been renamed Armour Secure Ins...
DATE: Dec 12, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda priced itself out of major tourism with the growth of international business, a top economist said yesterday.
Controversial former newspaper and TV pundit Roger Nightingale said: “You can’t have the tourism of that kind and the finance.
“If b...
DATE: Dec 12, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Fairmont Hamilton Princess Hotel is seeking to fill 150 full-time, non-seasonal positions as it moves ahead with phase two of its $90 million renovation and redevelopment project.
It is particularly keen to attract graduates and students who want...
DATE: Dec 12, 2014
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A new frozen yoghurt shop has opened at the Heron Bay MarketPlace.
The supermarket chain set up shop themselves after they were unable to find a tenant for a vacant spot in the MarketPlace Plaza.
A company spokesman said: “We started to look at what ...
DATE: Dec 12, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Accommodation commitments have been secured for teams, sponsors and media ahead of next year’s World Series racing and the 2017 America’s Cup.
It has also been hinted that cruise ships could be used to provide additional accommodation for visitors.
T...
DATE: Dec 12, 2014
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CATEGORY:
Other
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AUTHOR:
Scott Neil
