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BF&M jumped 25 cents (1.58 percent) on the Bermuda Stock Exchange yesterday, trading 5,085 shares to close at $16.
Ascendant Group fell one cent (.08 percent), trading 3,729 shares to close at $12.25.
Overall, the BSX closed at 1,077.62, up 1.64 poin...
DATE: Aug 16, 2012
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CATEGORY:
Bermuda Stock Exchange
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(Bloomberg) — The cost of living in the US was little changed in July for a second month, showing companies lack pricing power.
The unexpected reading in the consumer-price index capped a 1.4 percent gain over the past 12 months, the smallest year-to...
DATE: Aug 16, 2012
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CATEGORY:
Economy
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Bermuda-based Third Point Re has added two industry veterans to their staff.
According to Artemis, a re/insurance blog and the Insurance Insider, the firm has added Bryan Bumsted and Chris Conway to their staff roster.
Mr Bumsted was a retrocession ...
DATE: Aug 16, 2012
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CATEGORY:
Reinsurance
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Bermuda might still be mired in a recession, but there’s further proof it might not be a bad time to start a business - if it’s in the fitness industry, that is.
A second CrossFit facility, or “box” in the company’s lingo, has just opened up on the ...
DATE: Aug 16, 2012
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CATEGORY:
Local Business
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The Associated Press analysed nine economic recoveries since the Great Depression that lasted at least three years.
By most measures, the recovery from the Great Recession of 2007-2009 is the weakest.
It's the second-worst for job growth as measured...
DATE: Aug 16, 2012
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CATEGORY:
Other
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Pre-sales for the iPhone 5 will begin September 12, the same day Apple is expected to unveil the new device at a media event, according to a new report.
The report, from the website iMore, says the information comes from two sources who have proved ...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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Michael Dell, the billionaire founder of Dell Inc., spends $2.7 million a year on a personal security team for his family. But his efforts to keep his loved ones out of the spotlight and harm’s way were no match for his teenaged daughter’s social med...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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The recent Evolution fashion show made me wonder how technology was being used in the field of design. There’s a buzz in the fashion industry and it’s called computational couture.
As with most things these days, clothing designs are no longer restr...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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Faithful fans of Atelerie have one last day to shop at the boutique’s current location.
The company announced yesterday it would close the doors of its 6 Dundonald Street store later today and reopen in the heart of Hamilton’s shopping district end ...
DATE: Aug 15, 2012
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CATEGORY:
Local Business
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SAN FRANCISCO (Reuters) — Google Inc is buying the Frommer's line of travel guidebooks, the latest move to amass a trove of publishing content that could strengthen the No. 1 internet search company's push to become a major online travel broker.
The ...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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