Archive for May 21st, 2011
Photos: Gibbons Company Fashion Show
[Updated with video] To celebrate their recent upgrades, Gibbons Company hosted a 3 Day Grand Opening Celebration which concluded today [May 21]. The three day celebration involved Fashion Shows, Music, Demos, Raffles, Gifts With Purchase, Cocktails and more. - “The renovations are the fulfillment of our long term strategy to enhance our shoppers’... Read more of this article
Accident in St David’s: Car Damaged
After 5:00pm today [May 21], there was an accident on St. David’s Main Road involving what is believed to be a car and van. Police attended the scene and traffic was reduced to a slow single lane as passing vehicles negotiated through the accident area. We unofficially understand that no one was injured. The east bound lane was blocked until... Read more of this article
Five Year Sentence: Robbed 86-Yr-Old Woman
Rasool Ebbin, born July 1983 and now twenty-seven years-old, escaped a possible maximum twenty year prison sentence and was sentenced, in Supreme Court by Justice Charles-Etta Simmons, to two consecutive terms of two and a half years and a further term of eighteen months that will run concurrently with the total five years imprisonment. Ebbin had pleaded... Read more of this article
Photos: WindReach Therapeutic Riding Show
This morning [May 21] the WindReach Therapeutic Riding Show was held, with some of the island’s budding equestrians on display. Special needs riders took part in various events, while supportive family and friends cheered them on. Governor Sir Richard Gozney was in attendance, and awarded the participants their medals and certificates. Windreach’s... Read more of this article
Video: Pettingill On ‘Checks And Balances’
Shadow Minister For Public Works & Housing Mark Pettingill said an amendment he introduced in the House of Assembly yesterday [May 20] helped to restore “checks and balances” to new legislation which will allow police officers to arrest those they suspect might be likely to breach bail. The One Bermuda Alliance MP said the amendment... Read more of this article
Northern Offshore Declares Profit, Dividend
Bermuda holding company Northern Offshore today [May 21] announced that the cash dividend of US$0.03 per share referred to in the first quarter 2011 earnings report dated May 18, 2011 has been declared. The shares of the company will be trading ex-dividend from May 27, 2011. Shareholders of record on May 31, 2011 will be entitled to receive the... Read more of this article
Bermuda Firms ‘Beginning To Embrace’ Model
Bermuda re/insurers are beginning “to embrace the results” of the controversial new hurricane model from Risk Management Services after getting over the initial shock of higher collateral reserves they may have to accept, a spokesman for the California company has told a leading industry news source. Senior RMS vice president Ryan Ogaard... Read more of this article
Butterfield Bank Receives Ratings Upgrades
Fitch Ratings has affirmed Bank of N.T. Butterfield & Son Limited’s long-term Issuer Default Rating [IDR] at ‘A-’ and short-term IDR at ‘F1 and the outlook for the Bermuda financial institution has now been upgraded to Stable. The international ratings agency has also withdrawn the ‘F’ Individual rating and... Read more of this article
