75988 results returned for search: "" category "Business"
Butterfield Bank was the biggest mover on the Bermuda Stock Exchange (BSX) last week.
Some 163,650 shares in the Bank traded hands, closing down 3 cents for the week at $1.17.
In other movers, West Hamilton Holdings ended the week at $6 on a trading ...
DATE: Dec 05, 2011
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CATEGORY:
Bermuda Stock Exchange
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Haverford Bermuda Ltd says its original bid to buy a 25 percent stake in Bermuda-based insurer Omega Insurance Holdings has lapsed but it is still hopeful of resurrecting the deal within the next three weeks.
Omega, however, insists that it sees no r...
DATE: Dec 05, 2011
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CATEGORY:
Reinsurance
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Bermuda Realty Company has started a new business brokerage with entrepreneur Kumi Bradshaw.
Joint venture, Firm Advisory Limited, will assist in the valuation, and buying and selling of small to large locally owned businesses. It expects to have a p...
DATE: Dec 05, 2011
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CATEGORY:
Local Business
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Bermuda CableVision has filed for a judicial review after waiting for more than a year for permission from the Telecommunications Commission to launch a high-speed internet service.
The television provider has also requested a second judicial review ...
DATE: Dec 05, 2011
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CATEGORY:
Local Business
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The US Securities & Exchange Commission (SEC) has thanked the Bermuda Monetary Authority (BMA) for its role in helping to uncover an alleged multimillion dollar fraud by a New York hedge fund portfolio manager.
The SEC filed a complaint against Micha...
DATE: Dec 05, 2011
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CATEGORY:
Other
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NEW YORK (Bloomberg) Maurice (Hank) Greenberg, the former American International Group Inc chief executive officer, seeks to break new ground in lawsuits challenging the US takeover of the insurer in a bailout that reached $182 billion.
Greenberg’s S...
DATE: Dec 05, 2011
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CATEGORY:
Reinsurance
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Ninety percent of all businesses in Bermuda use computers, but the industry that services them has seen a general contraction in employment, trade, investment and contribution to Bermuda’s GDP in 2010.
The Government released the 2010 Information and...
DATE: Dec 05, 2011
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CATEGORY:
Other
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Butterfield Bank customers have been experiencing further problems with the bank’s new online banking system, including transactions failing to appear in accounts and the absence of a payer’s ID when they make a payment so the payee doesn’t know who ...
DATE: Dec 05, 2011
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CATEGORY:
Other
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Butterfield Bank dropped 2.5 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 89,500 shares to close at $1.17.
Argus Group Holdings Ltd also saw 37 shares change hands, but its share value held firm at $4.55.
Overa...
DATE: Dec 03, 2011
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CATEGORY:
Bermuda Stock Exchange
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The question that I hear asked the most about the current financial crisis that we are living through is: “Why has a mortgage crisis and real estate crash in the US affected the entire global economy?” The answer to that question is that the vast cha...
DATE: Dec 03, 2011
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CATEGORY:
Personal Finance
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