49296 results returned for search: "" category ("Other" AND "Business")
Had it not been for an 11th hour rights offering, Kentucky Fried Chicken (Bermuda) Ltd. would not have made payroll on January 24, the company revealed.
At a special general meeting Friday, shareholders of the company approved a rights offering which...
DATE: Feb 03, 1997
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engine scare. The airbus was en route from San Juan, Puerto Rico, to Boston when a cockpit warning light flashed.
The plane touched down in Bermuda shortly after 10 p.m. on Thursday as fire crews went to the scene.
Mechanics checked the plane while t...
DATE: Feb 01, 1997
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index to a record low of 910.36.
Bank of Butterfield, which Thursday reported a decline in six-month profit, declined 37.5 cents closing at $9. Bermuda Commercial Bank and Bank of Bermuda were off 50 cents and 25 cents respectively.
DATE: Feb 01, 1997
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balance sheet swelled substantially, the financial institution's latest half year figures reveal.
At December 31, 1996, assets were $9.9 billion, up 27 percent from $7.8 billion at December 31, 1995.
For the six months ended December 31, 1996, the ba...
DATE: Feb 01, 1997
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Government's licensing of new telecommunication carriers without the proper regulations in place is wrong, an Opposition MP said last night.
Shadow Technology Minister Walter Lister added that Cable & Wireless had served Bermuda well as a monopoly an...
DATE: Feb 01, 1997
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Premier David Saul was last night staying tight-lipped over a controversial plan to bypass restrictions on foreign development at the old Bermudiana Hotel site.
Dr. Saul -- speaking from Switzerland where he is attending the World Economic Forum -- s...
DATE: Feb 01, 1997
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AUTHOR:
Raymond Hainey, Assistant News Editor
A long distance operator which had previously enjoyed a monopoly in Bermuda will fight a Government decision to introduce a competitor, it was announced yesterday.
Cable & Wireless general manager John Tibbles said the company had lodged a Supreme Co...
DATE: Jan 31, 1997
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Forwarding Co. by Bermuda Forwarders last week. Many were not happy.
But Bermuda Forwarders president, and sole proprietor, Toby Kempe, said about 13 of the 25 Globe staff have joined his firm.
That left close to a dozen former Globe employees this w...
DATE: Jan 31, 1997
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AUTHOR:
David Fox, Business Editor
Butterfield reported half year profit fell 9.3 percent.
For the six months ended December 31, the bank made $13.1 million, or 64 cents per share, compared to $14.5 million, or 72 cents per share, for the same six months a year earlier.
"Strong earnin...
DATE: Jan 31, 1997
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1.18 percent, at 926.68. Telco rose 75 cents closing at $31, Bank of Butterfield gained 37.5 cents closing at $9.375 while Argus edged up 12.5 cents to $12. In other trading, Bank of Bermuda and Bermuda Home were unchanged at $17 and $7 respectively....
DATE: Jan 31, 1997
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