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It was a down day on the Bermuda Stock Exchange.
Shares of KeyTech slid 55 cents or 9 percent yesterday with 2,401 shares trading to close at $5.55.
Bermuda Aviation Services lost 12.9 percent or 40 cents with 8,700 shares trading. The stock closed ...
DATE: Jul 28, 2012
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CATEGORY:
Bermuda Stock Exchange
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By Bryan Dooley
Similar to Sylvester Stallone’s character in the 1993 movie “Cliffhanger” who dangled nervously from a precipitous rock face in the Colorado Rocky Mountains, such is the predicament now facing the already teetering US economy, which i...
DATE: Jul 28, 2012
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CATEGORY:
Personal Finance
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I've always believed that to whom much is given, much is required. So I was intrigued by a situation a reader raised in a recent online discussion. It made me think about how little we are trained in how to help individuals we believe are in need.
T...
DATE: Jul 28, 2012
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CATEGORY:
Personal Finance
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Longtime building contractor Burt Construction Ltd is the latest company to fall victim to the Island’s economic downturn.
The construction industry has been especially hard hit, going from boom to near bust in the last five years and Construction As...
DATE: Jul 27, 2012
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CATEGORY:
Local Business
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Digicel and BF&M have teamed up to offer new phone insurance, in case of accidental loss, theft or damage.
The insurance plan will cost Digicel customers $9.99 per month to insure phones they bought from the mobile provider.
It is available both for ...
DATE: Jul 27, 2012
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CATEGORY:
Local Business
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Two Bermudian students are making their way up the ladder after successfully completing the Bermuda Monetary Authority’s Graduate Training Programme (GTP).
Treasa Walker and Vashun Blanchette are the BMA’s first graduate trainees to complete the thre...
DATE: Jul 27, 2012
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CATEGORY:
Other
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Montpelier Re Holdings said second quarter profit jumped to $65.5 million from $23.6 million in the same period last year as pricing improved.
The Bermuda-headquartered reinsurer said gross premiums written increased by 17 percent in the quarter, to...
DATE: Jul 27, 2012
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CATEGORY:
Reinsurance
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Bermuda Stock Exchange CEO Greg Wojciechowski has welcomed the easing of the 60-40 rule for some listed companies as “a significant step forward in the modernisation and further development of Bermuda’s domestic capital market”.
The change came into ...
DATE: Jul 27, 2012
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CATEGORY:
Bermuda Stock Exchange
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Premier Paula Cox last night accused Cayman Premier McKeeva Bush of making disparaging remarks about rival jurisdictions to cover up problems in his own country.
Ms Cox was answering questions from The Royal Gazette following Cayman’s decision to lev...
DATE: Jul 27, 2012
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CATEGORY:
International Business
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Ascendant Group Ltd shares rose 1.8 percent yesterday in Bermuda Stock Exchange (BSX) trading.
The parent company of electricity provider Belco was the only domestic board company to trade and finished the day up 23 cents at $12.75, as 2,100 shares t...
DATE: Jul 27, 2012
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CATEGORY:
Bermuda Stock Exchange
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