75985 results returned for search: "" category "Business"
Some 4,500 shares in Butterfield Bank traded yesterday on the Bermuda Stock Exchange (BSX), the price closing unchanged at $1.20.
Overall the Index was unchanged, finishing the day at 1,065.30.
The BSX Insurance Index closed up 1.45 percent, or 15, a...
DATE: Feb 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based insurer Validus Holdings Ltd said it may be on the hook for $50 million to $65 million for the Costa Concordia shipwreck, according to its 2011 earnings results.
Validus’s estimate of its own losses are based on its prediction that the ...
DATE: Feb 03, 2012
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CATEGORY:
Other
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Butterfield Bank shot up 10 cents (9.09 percent) on the Bermuda Stock Exchange with 32,700 shares trading to close at $1.20. Butterfield Bank Preferred also rose $5 (.40 percent) with 62 shares trading to close at $1235. KeyTech also jumped 4 cents (...
DATE: Feb 03, 2012
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CATEGORY:
Bermuda Stock Exchange
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Quantum Communications has been given a licence by Government that allows 100 percent foreign ownership. And LinkBermuda yesterday confirmed that this will allow it to increase its ownership of Quantum to 100 percent.
International service provider L...
DATE: Feb 03, 2012
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CATEGORY:
Local Business
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Bermuda Police last night warned the public the Ponzi or pyramid-type schemes may be in operation or being promoted on the Island.
A Police spokesman said they were working with the Bermuda Monetary Authority and Consumer Affairs to investigate the p...
DATE: Feb 03, 2012
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CATEGORY:
Other
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Bermuda-based reinsurer Validus Holdings’ full-year profit fell by 94 percent, as the firm paid out heavy catastrophe claims.
But chairman and CEO Ed Noonan said the company saw strong rate increases in short-tail lines during January renewals.
The C...
DATE: Feb 03, 2012
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CATEGORY:
Reinsurance
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Bermudian reggae artist Collie Buddz is set to launch a new radio station.
The station will be called VIBE 103FM and according to a source close to the matter, the new radio option will start filling the airwaves in late March.
A flyer promoting adve...
DATE: Feb 03, 2012
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CATEGORY:
Other
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Cambridge Beaches is offering steep early booking discounts for the winter and summer months.
The resort said bookings on stays between now and April 30th, and this October 1 and December 2012 will receive an exclusive 40 percent discount off normal ...
DATE: Feb 03, 2012
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CATEGORY:
Local Business
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The chief financial officer of Bermuda-based Seadrill, Esa Ikaeheimonen, has decided to leave the company.
Mr Ikaeheimonen will depart during the second half of 2012 to pursue other career opportunities.
In this context Seadrill has restructured its...
DATE: Feb 03, 2012
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CATEGORY:
International Business
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Meyer Group of Companies has announced the promotion of George Butterfield to the new position of manager, Meyer Freight. Mr Butterfield is now responsible for Meyer Freight operations and will report to Joe Simas, vice-president of marine operations...
DATE: Feb 03, 2012
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CATEGORY:
Local Business
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