RSSCategory: Business

Bermuda Stock Exchange Report: March 24 2017

Bermuda Stock Exchange Report: March 24 2017

March 24 saw 22,023 shares trade on the Bermuda Stock Exchange, valued at $91,261.70 BD. 16,500 shares were traded by Argus Group Holdings Ltd, closing even at $4.23 per share, while another 4,432 shares were traded by Bermuda Aviation Services Ltd, closing even at $3.00 per share. 1,000 shares were traded by Ascendant Group Limited, closing at... Read more of this article

Video: Local America’s Cup Themed Products

Video: Local America’s Cup Themed Products

This week’s ‘Minute with Mikaela’ highlights local businesses offering America’s Cup themed products, saying there are about a dozen local businesses that have permission to sell products with the America’s Cup logo. During the Minute, Mikaela Pearman said, “They’re known as licensees and many have developed products specifically... Read more of this article

MoonGate & MASA Set To Increase Benefits

MoonGate & MASA Set To Increase Benefits

MoonGate Insurance Ltd and its trading partner Medical Air Services Association [MASA] both announced increased benefits to the Bermuda resident population. A spokesperson said, “MoonGate, which was established in October, 2013, offers the HealthGap Supplement which is designed to work in conjunction with basic insurance policies, such as HIP... Read more of this article

Bermuda Stock Exchange Report: March 23 2017

Bermuda Stock Exchange Report: March 23 2017

March 23 saw 2,200 shares trade on the Bermuda Stock Exchange, valued at $6,600.00 BD. 2,200 shares were traded by Bermuda Aviation Services Ltd, closing even at $3.00 per share. The BSX finished at 1,918.62, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Customs Officers Train In Advance Of AC35

Customs Officers Train In Advance Of AC35

As part of their preparation for the upcoming America’s Cup, Customs Officers underwent training which was facilitated by French Customs Officials from St. Martin and Martinique, the Ministry of National Security said. The Ministry said that Mr. Jacky Trinel [from St. Martin] and Mr. Sylvian Testud [from Martinique] are both “experts in the... Read more of this article

Column: Small Business Opportunities For AC

Column: Small Business Opportunities For AC

[Written by BEDC Chairman Nick Kempe] There is still the impression in the community that large amounts of financing will be needed to cash in on the numerous AC35 business opportunities. Far too many are operating under the belief that expensive equipment or guaranteed contracts are required to get in the game.However, there are a great number of... Read more of this article

PLP: ‘Programs Should Have Started Long Ago’

PLP: ‘Programs Should Have Started Long Ago’

With only two months until the America’s Cup, the PLP “encourages entrepreneurs to take advantage of this last minute program, if you can,” Shadow Tourism Minister Jamahl Simmons said, adding that “planning and programs like this should have started long ago to ensure benefits are spread widely.” Mr Simmons did not refer... Read more of this article

Hamilton Re Hosts Students During Open House

Hamilton Re Hosts Students During Open House

‘Open Hamilton Re’ — a contest designed to raise the interest of Bermuda high school students in a career in the insurance and reinsurance industry — has been hailed as a success by Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group. Nineteen S3 and S4 level students representing the Island’s public and private... Read more of this article

BEDC Offering Loans To Help Meet AC Demand

BEDC Offering Loans To Help Meet AC Demand

The Bermuda Economic Development Corporation [BEDC] has allocated $300,000 in funds for small, short-term loans – $2,000 to $20,000 – to facilitate local business opportunities developing or expanding as a result of the America’s Cup being held in Bermuda between May and June 2017. The “BEDC Local Biz Opps Micro Loan Product”... Read more of this article

Greenrock Welcomes Energy Efficient Cargo Ship

Greenrock Welcomes Energy Efficient Cargo Ship

Greenrock said they “welcome the decision by shipping firm BCL to invest in a more fuel-efficient cargo ship to replace the Oleander vessel,” adding that they “encourage them in working towards a green shipping focus.” Earlier this month the Bermuda Container Line [BCL] confirmed they signed a contract to have a new, custom,... Read more of this article

Allied Shareholders Approved Two Proposals

Allied Shareholders Approved Two Proposals

Allied World Assurance Company Holdings, AG shareholders have approved both of the proposals that were voted on at the company’s special shareholder meeting held in connection with the previously announced merger transaction with Fairfax Financial Holdings Limited. The approved matters include: [i] amending the company’s Articles of Association... Read more of this article

Bermuda Stock Exchange Report: March 22 2017

Bermuda Stock Exchange Report: March 22 2017

March 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,918.62, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related StoriesGuide For Investors In Bermuda Stock Market BSX Launches Investor Education Programme ’2016 Was... Read more of this article

Bermuda First Investment’s Financial Results

Bermuda First Investment’s Financial Results

In a filing with the Bermuda Stock Exchange [BSX], Bermuda First Investment Company Limited today [March 22] announced their financial results for the six months ended December 31, 2016. The filing stated: Bermuda First Investment Company Limited, a BSX listed investment holding company which owns a number of significant investments in BSX Bermuda listed... Read more of this article