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Butterfield Bank's preference shares continued to grow in value, climbing by $30 (2.7 percent) on The Bermuda Stock Exchange Index (BSX) yesterday.
The bank's shares closed the day at $1,150, with 3,113 shares traded.
West Hamilton Holdings Ltd. also...
DATE: Jun 26, 2009
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Bermuda-based Vistaprint Ltd. has launched a new brand strategy with a focus on its website redesign, logo and tagline.
The small business marketing company yesterday unveiled a number of changes to showcase its range of products and services availab...
DATE: Jun 26, 2009
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LONDON - Britain's blue chip share index ended down 0.6 percent, led by banks after a trading update from Standard Chartered failed to excite investors while commodity stocks were also under pressure. The FTSE 100 closed at 4,252.57 points, down 27.4...
DATE: Jun 26, 2009
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Stepping up its scrutiny of offshore investing, the IRS demanded that hedge-fund and private-equity investors disclose hundreds of billions of dollars they have invested offshore. This is part of a crack down on questionable use of offshore tax haven...
DATE: Jun 26, 2009
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Media House Ltd. posted a profit of $3.4 million for the six months up to March 31, 2009 — a fall of $0.5 million compared to the same period a year before.
The company, which owns a number of printing, media and Internet concerns in the US and the C...
DATE: Jun 26, 2009
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LONDON (AP) — Oil major BP Group PLC surprised the industry by revealing yesterday it has selected current L.M. Ericsson chief executive Carl-Henric Svanberg as its new chairman, ending a two-year hunt to fill the position.
Svanberg, who will be repl...
DATE: Jun 26, 2009
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Max Capital Group Ltd. has announced that its US-based excess and surplus (E&S) lines subsidiary Max Specialty Insurance Co. will underwrite professional liability business.
Edward Neuberger, a professional liability underwriter with a record of prof...
DATE: Jun 26, 2009
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TORONTO (Reuters) - Toronto's main stock index shot higher in a broad-based rally yesterday as a rise in oil and gold prices lit a fire under the resource-heavy index and lifted it higher for the week.
The energy sector rose four percent to lead the ...
DATE: Jun 26, 2009
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HOUSTON, June 25 (Reuters) - After spending a week in jail, Texas financier Allen Stanford pleaded not guilty yesterday to 21 criminal charges that he ran a $7 billion Ponzi scheme.
The once high-flying billionaire and sports promoter has been in fed...
DATE: Jun 26, 2009
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Citigroup yesterday made 15 of the staff in its Bermuda offices redundant as part of a series of job cuts worldwide, The Royal Gazette has learned.
The financial services company employs around 230 people at its Citi Hedge Fund Services and Citigroup...
DATE: Jun 26, 2009
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