76395 results returned for search: "" category "Business"
Retail sales rose for the fourth month in five in February, raising hopes of better times ahead for Bermuda stores.
Total retail sales in February 2014 climbed 1.4 percent, according to the Department of Statistics’ Retail Sales Index, released today...
DATE: Apr 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
The Royal Gazette/Bermuda Stock Exchange Index was unchanged today as only Butterfield Bank and Argus Group Holdings Ltd traded.
Butterfield remained on $1.99 as 20,000 shares traded. Argus remained at $4.83 as 1,000 shares changed hands.
The Index c...
DATE: Apr 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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TBi (TeleBermuda International) is offering unlimited local calls to mobile and fixed numbers via a phone that works through the internet as part of an internet and phone bundle.
Today’s announcement marks the latest salvo in the battle for market sh...
DATE: Apr 16, 2014
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CATEGORY:
Local Business
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Lancashire Holdings Ltd’s founder and chief executive officer Richard Brindle is to retire from the company at the end of this month.
The Class of 2005 Bermuda start-up re/insurer announced today that Mr Brindle would retire from the Group and as a d...
DATE: Apr 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Financial services companies listed on the Bermuda Stock Exchange announced share repurchases yesterday.
Butterfield Bank, in a filing with the Bermuda Stock Exchange (BSX), announced that during March purchased for Treasury 1,657,707 common shares ...
DATE: Apr 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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Endurance Specialty Holdings has made a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected.
Endurance announced yesterday that it had made the off...
DATE: Apr 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Ascendant Group Ltd reported yesterday 2013 profits were down 57.6 percent last year as electricity sales tumbled.
After the 3.2 percent fall in kiloWatt hours sold in 2013, electricity provider Belco, a subsisdiary of Ascendant, has now seen electri...
DATE: Apr 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
The Bermuda video backdrop of Pharrell Williams’ hit song Happy reached a new high this week when it opened a compilation from around the world that was featured on Oprah, reducing her guest, the father of the movement and also a top music producer, ...
DATE: Apr 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
The Department of Education’s Career Pathways Programme has introduced a General Insurance Certification funded by the insurance industry.
Education Minister Grant Gibbons said yesterday that since January, the Bermuda Insurance Institute had recruit...
DATE: Apr 15, 2014
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CATEGORY:
Local Business
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The Bermuda Stock Exchange closed unchanged at 1,413.83, on a volume of 11,400 shares valued at $67,676.00.
Movers included Somers Limited which saw 1,700 shares trade at 12.25, and 9,700 Argus Group Holdings Ltd shares, which moved at 4.83.
DATE: Apr 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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