76339 results returned for search: "" category "Business"
BF&M slid 99 cents (6.28 percent) on the Bermuda Stock Exchange yesterday, with 200 shares trading to close at $14.75. Butterfield Bank closed at $1.08 with 3,100 shares trading, Ascendant Group closed at $13.25 with 800 shares trading and KeyTech cl...
DATE: Mar 27, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-domiciled drilling contractor Nabors Industries Ltd hopes to raise at least $800 million by selling off non-core assets.
In a regulatory filing yesterday, Nabors, which is run from Houston, Texas, detailed plans to shed oil and gas properties...
DATE: Mar 27, 2012
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CATEGORY:
Other
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Bermuda insurer Ironshore has expanded its pollution insurance offerings to cover emerging risks in the oil and gas sector.
Ironshore said yesterday its Environmental Insurance unit would expand the asset-class specific Site Pollution Incident Legal ...
DATE: Mar 27, 2012
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CATEGORY:
Reinsurance
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Engineering consultancy Woodbourne Associates Ltd has announced that it will now offer conformity assessment and certification services to help improve safety and extend the operational life of ‘pressure systems’ such as fire sprinklers, boilers, pip...
DATE: Mar 27, 2012
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CATEGORY:
Local Business
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For just a little under $2 million, you could own the former home of iconic diner, The Green Lantern.
The family owned and operated restaurant closed its doors in February after 70 years in business and is now up for sale for $1.9 million.
Andre Wood...
DATE: Mar 27, 2012
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CATEGORY:
Local Business
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Bermuda-based White Mountains Insurance Group Ltd will pay $408.5 million to buy back more than 800,000 shares in a tender offer.
The $500 per share offer expired at midnight last Thursday. The company made the offer to buy back up to one million of ...
DATE: Mar 27, 2012
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CATEGORY:
Reinsurance
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A new standard duty rate of 25 percent will take effect on April 1 for non-business goods.
But a statement released by Government on Friday added that “special” rates of duty, including zero-rates; higher rates (33.5 percent, 75 percent and 150 perce...
DATE: Mar 26, 2012
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CATEGORY:
Other
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Bermuda Press (Holdings) saw its shares rise $1, or 10 percent, to end the week at $11.00 on a volume of 1,000 shares.
Argus declined 3 percent last week on the Bermuda Stock Exchange.
The company’s shares fell 12 cents, or 3 percent, to close at $3....
DATE: Mar 26, 2012
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CATEGORY:
Bermuda Stock Exchange
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Registration fees to set up Special Purpose Insurers (SPIs) in Bermuda have been almost halved, the Bermuda Monetary Authority announced.
Effective April 1, 2012, all new SPI’s licensed in Bermuda will pay $6,000 for annual registration, compared to ...
DATE: Mar 26, 2012
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CATEGORY:
Other
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If you’ve filled up your tank in the last couple of days, then you have probably noticed gas has gotten even more expensive here in Bermuda.
What you might not realise though is that we’re now paying one of the highest prices in the world for it.
T...
DATE: Mar 26, 2012
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CATEGORY:
Other
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