76379 results returned for search: "" category "Business"
Watlington Waterworks Ltd. slipped 13 percent ($1.5)) on The Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 2,000 shares to close at $10 for the day.
Elsewhere Butterfield Bank also fell 3.7 percent (five cents) to $1.30, ...
DATE: Dec 21, 2010
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CATEGORY:
Bermuda Stock Exchange
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American International Group’s (AIG) property/casualty and life/health subsidiaries’ financial strength ratings (FSR) and issuer credit ratings (ICR) have been affirmed by AM Best Co.
Best has affirmed the ICR of “bbb” of AIG. The outlook for all rat...
DATE: Dec 21, 2010
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CATEGORY:
International Business
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2010 proved to be a tough year for Bermuda's local insurance market but one insurer has weathered the storm well and is looking to improve on its performance in 2011.
BF&M Ltd. reported an impressive set of financial results increasing its net earni...
DATE: Dec 20, 2010
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CATEGORY:
Other
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Bermuda-based Seadrill Ltd. has announced that the holders of approximately $340,000,000 of its convertible bonds due in 2012 and approximately $400,000,000 in convertible bonds due 2014 have submitted their acceptances of the voluntary conversion of...
DATE: Dec 20, 2010
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CATEGORY:
International Business
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The Bermuda Monetary Authority has extended the transition period for insurers to ensure their companies are fully compliant with the Insurance Code of Conduct to July 1, 2011.
Subsequent to that date, the Authority will evaluate insurers’ compliance...
DATE: Dec 20, 2010
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CATEGORY:
Other
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Bermuda corporation Small Island Investments Ltd. has closed a deal to buy 4.2 million shares worth $2.1 million from Good Times Restaurants Inc. following shareholder approval of the transaction, it was announced on Friday.
Good Times Restaurants ha...
DATE: Dec 20, 2010
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CATEGORY:
International Business
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AM Best Europe - Rating Services Ltd. has affirmed the financial strength rating of A (excellent) and issuer credit rating of “a” of Amlin AG (Switzerland).
The outlook for both ratings is stable.
In October 2010, Amlin plc., the holding company of t...
DATE: Dec 20, 2010
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CATEGORY:
International Business
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The Bermuda Stock Exchange Index (BSX) traded 1,965,208 shares worth BD$18,920,575.80 and 29 shares worth US$35,235 last week.
The Index rose 74.32 points (6.2 percent) to 1,198.22, while the BSX Insurance Index was also up five points (0.49 percent)...
DATE: Dec 20, 2010
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CATEGORY:
Bermuda Stock Exchange
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Fairmont Bermuda has announces four new appointments and promotions at The Fairmont Southampton.
Vanessa Bartley has been promoted to guest services manager at The Fairmont Southampton. Previously she was a concierge agent, a position she has held s...
DATE: Dec 20, 2010
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CATEGORY:
Other
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Employers and employees can realise the benefits of leading a happy and healthy lifestyle thanks to the launch of a new holistic health counselling business.
Preston Ephraim, who runs Preston J Ephraim Health Coaching Services, works on an individual...
DATE: Dec 20, 2010
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CATEGORY:
Reinsurance
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