75969 results returned for search: "" category "Business"
The Bermuda Stock Exchange finished the week at 1,071.60, up 12.82, or 1.19 percent.
Butterfield Bank traded heaviest, with 101,779 shares changing hands last week, closing unchanged Friday at $1.23.
KeyTech finished the week up 8.1 percent, at $6.00...
DATE: Sep 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Commercial Bank shares closed up 10 percent on the Bermuda Stock Exchange yesterday.
BCB’s shares closed up $1 at $11.00 as 200 of them changed hands.
Butterfield Bank also traded, with 3,770 shares exchanged, closing unchanged at $1.23.
And ...
DATE: Sep 01, 2012
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CATEGORY:
Bermuda Stock Exchange
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The ‘PIIGS’ should leave the euro. It’s the pensions of the top brass — or rather fear of losing them — now holding the Eurozone together.
In all logic, Greece should leave the Euro. So should Spain. The same goes for Portugal and most likely, Irela...
DATE: Sep 01, 2012
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CATEGORY:
Personal Finance
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Premier Paula Cox said that the Island’s “economic recovery has begun” at the Bermuda Business Summit yesterday, which provided an update on the Government’s efforts to promote and grow business both in the tourism and finance sectors.
The at-capacit...
DATE: Aug 31, 2012
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CATEGORY:
Other
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Bermuda’s current account surplus grew to $145 million in the first quarter, reflecting a positive balance in the Island’s transactions with the rest of the world.
However, the Balance of Payments statistics released by Government yesterday indicate ...
DATE: Aug 31, 2012
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CATEGORY:
Economy
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Ascendant Group jumped 35 cents (2.90 percent) on the Bermuda Stock Exchange yesterday, trading 1,500 shares to close at $12.40.
Argus Group fell 10 cents (2.77 percent) trading 4,000 shares to close at $3.50. Butterfield Bank traded 10,310 shares to...
DATE: Aug 31, 2012
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CATEGORY:
Bermuda Stock Exchange
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LOM Holdings has announced it has changed auditors.
In a filing with the Bermuda Stock Exchange, LOM said it hired Deloitte & Touche as its new auditors.
LOM said at the financial services company’s Annual General Meeting on July 19, Deloitte & Touch...
DATE: Aug 31, 2012
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CATEGORY:
Local Business
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Bermuda reinsurer Validus Holdings Ltd has agreed to buy Flagstone Re in a deal valued at $623.2 million.
The two companies expect the deal to close in the fourth quarter of this year and the combined company will maintain Validus’s name, headquarter...
DATE: Aug 31, 2012
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based Third Point Re is expanding with yesterday’s announcement that the company will be opening a London subsidiary office, pending regulatory approval.
The subsidiary, to be named Third Point Re Marketing (UK) Ltd, pending approval, will be...
DATE: Aug 31, 2012
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CATEGORY:
Reinsurance
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British Airways is introducing its award-winning new first-class service on the Bermuda route to London Gatwick this summer.
Customers flying from Bermuda, now have the opportunity to experience the updated First cabin, subject to availability. The n...
DATE: Aug 31, 2012
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CATEGORY:
Other
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