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The Royal Gazette/Bermuda Stock Exchange declined 12.78 last week, closing at 1,387.39 on Friday.
The value of trades was $862,839.86 with 282,581 shares changing hands.
Bank of NT Butterfield saw the largest number of shares trade at almost a quarte...
DATE: Sep 22, 2014
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CATEGORY:
Bermuda Stock Exchange
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Profits at the Ascendant group dropped by more than a third in the first six months of this year, the firm has revealed.
The firm, which counts power firm Belco and Bermuda Gas among its operations, logged net earnings of $1.2 million to the end of J...
DATE: Sep 22, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
BF&M Ltd rose 2.8 percent in Bermuda Stock Exchange trading yesterday.
The insurer was the only stock to gain, climbing 50 cents to $18.50 on the trading of 500 shares.
Butterfield Bank remained unchanged on $1.99 as 32,366 shares traded.
The Royal G...
DATE: Sep 22, 2014
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CATEGORY:
Bermuda Stock Exchange
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Tucker’s Point Club is waiving initiation fees and introducing ‘customised memberships’, according to a press release today.
The property is described as: “having long been a haven for golfers in Bermuda and the course has a history that stretches ba...
DATE: Sep 22, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Clarien Bank Ltd has appointed a former top executive at Merrill Lynch to take the role of consultant chief investment officer.
Thomas Sowanick will be the bank’s lead investment adviser, responsible for advising and supporting senior management wit...
DATE: Sep 22, 2014
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CATEGORY:
Local Business
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Utilities Ascendant Group Ltd and KeyTech Ltd are “significantly undervalued”, according to Michael Collier, chairman of local investment-focused Bermuda First Investment Company Limited (BFIC).
The companies are BFIC’s main investments and the fall ...
DATE: Sep 21, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Dear Dave —
Some friends recently offered me a timeshare. It’s an older place on the beach, and they’ve had it for about 20 years.
I’d have to pay a transfer fee of $100, plus a yearly association fee of $500. I know you’re not a big fan of timeshare...
DATE: Sep 20, 2014
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CATEGORY:
Personal Finance
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Bermuda is a proud nation, justifiably so — with our long, long spectacular tradition of seafaring commerce. 400 years ago, when the settlers in Jamestown were still in sheer survival mode, our ancestors established an extraordinary reputation as the...
DATE: Sep 20, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange closed the week at 1,387.39, down 4.42.
BF&M Ltd. was down 0.50 at 18.00 at the close after 2,200 shares had traded.
Also down was KeyTech Ltd which finished the day’s trading at 4.00, a decline of 0.15. Some ...
DATE: Sep 20, 2014
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CATEGORY:
Other
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Telecoms firm Digicel could be shaping up for a showdown with cable TV firm CableVision.
The firm best known for phones in Bermuda has been muscling in on the TV market overseas — and announced yesterday that it had bought a controlling interest in t...
DATE: Sep 19, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
