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The Royal Gazette/Bermuda Stock Exchange yesterday fell 0.45 points to 3,145.91.
BF&M Limited saw the greatest activity with investors buying and selling 11,000 shares at a price of $13.
Argus Insurance saw 100 shares trade although there was no pric...
DATE: Jun 01, 2004
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Multinational banking giant HSBC Plc sees its acquisition of Bank of Bermuda as a possible springboard for "further expansion".
Global group chairman Sir John Bond made the remark in his annual address following HSBC's AGM in London on Friday.
In the...
DATE: May 31, 2004
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Bermuda-based Montpelier Re Holdings Ltd. on Friday announced it had secured a $450 million credit agreement for the next three years.
The agreement will enable Montpelier to issue letters of credit to its clients to support its underwriting.
The fac...
DATE: May 31, 2004
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NEWYORK(Bloomberg) ? Bermuda-based Frontline Ltd., the world?s biggest oil- tanker owner by capacity, posted record profits in the first quarter as rising demand for crude oil in the US and Asia boosted shipping rates.
Net income rose to $214.4 milli...
DATE: May 31, 2004
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Heavy trading in Bank of Butterfield shares and Argus Insurance reaching its 52-week high were the highlights of a short trading week on the Bermuda Stock Exchange.
The Bank saw 33,337 shares worth around $1.4 million trade as it closed down five cen...
DATE: May 31, 2004
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It?s Not Just about Stir Frying: Chinese slang for speculating in the stock market. According to the US Treasury Department, if you look at the ownership of US Treasury debt by the numbers, foreigners still consider United States capital markets the ...
DATE: May 29, 2004
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Within the world of financial markets, ?industrials? are considered to be those companies that manufacture, produce or distribute goods and/or services. Currently analysts are focusing on companies that will benefit most as capital-spending recovery ...
DATE: May 29, 2004
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Two firms are joining forces to provide businesses with security of their physical plants and staff as well as information stored in cyberspace.
Bermuda Security Group, Bermuda?s largest security company, and computer security company QuoVadis yester...
DATE: May 28, 2004
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The Royal Gazette/Bermuda Stock Exchange closed unchanged at 1,146.36 in light trading.
Just 41 shares worth $41 were traded with nine shares in Island Press (Holdings) Ltd. trading unchanged at $6 and 32 Masters Ltd. shares trading at $11.
DATE: May 28, 2004
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A Bermudian has been named chief underwriting officer on the professional lines side for the Bermuda-based insurance division of XL Capital.
The appointment was announced yesterday and makes Sherron Williams ? who joined the company in 1991 as an und...
DATE: May 28, 2004
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