Tag: Bermuda business

Startup Weekend Set To Get Underway Today

Startup Weekend Set To Get Underway Today

[Written by BEDC Chairman Nick Kempe] Sometimes it is frustrating when I hear people say that not enough is done to promote and support entrepreneurship in Bermuda. I have seen first-hand just how enthusiastically the team at the Bermuda Economic Development Corporation [BEDC] and its partners work to foster an environment conducive to business creation... Read more of this article

Bermuda Stock Exchange Report: Mar 5 2015

Bermuda Stock Exchange Report: Mar 5 2015

Today [Mar 5] saw a volume of 18,133 shares trade on the Bermuda Stock Exchange, valued at $39,694.67 BD. 17,133 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.5% at $1.99 per share, while the other 1,000 shares were traded by Ascendant Group Limited, closing up 1.8% at $5.60 per share. The BSX closed at 1,372.18, down 0.28% on the... Read more of this article

Robinson’s Marina Service Station Closed Down

Robinson’s Marina Service Station Closed Down

Robinson’s Marina service station at Somerset Bridge has been closed with immediate effect, and RUBiS said they “cannot confirm when the station will re-open.” David Rose, Managing Director of RUBiS Energy Bermuda announced that “RUBiS Energy Bermuda would like the motoring and marine public to be aware of the sudden and unexpected closure... Read more of this article

Sandell Asset Sponsors Launch of Sandell Re

Sandell Asset Sponsors Launch of Sandell Re

Sandell Asset Management Corp. recently sponsored the launch of Sandell Re, which they said is a “Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy, which will be managed in a separately managed account with an investment objective substantially similar to Sandell Asset Management’s main... Read more of this article

Allied World To Pay $0.225 Quarterly Dividend

Allied World To Pay $0.225 Quarterly Dividend

Allied World Assurance Company Holdings, AG today has approved a quarterly dividend equal to $0.225 per share payable on April 2, 2015 to shareholders of record on March 24, 2015. The company’s transfer agent will make dividend payments in United States dollars. The amount of the payment in Swiss francs [CHF] will be based on the USD/CHF exchange... Read more of this article

Bermuda Stock Exchange Report: Mar 4 2015

Bermuda Stock Exchange Report: Mar 4 2015

Today [Mar 4] saw a volume of 38,200 shares trade on the Bermuda Stock Exchange, valued at $85,150.00 BD. 35,700 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $2.00 per share, while the other 2,500 shares were traded by Ascendant Group Limited, closing down 1.8% at $5.50 per share. The BSX closed at 1,376.90, down 0.06% on the... Read more of this article

BCB Board Appoints David Cash, Derek Stapley

BCB Board Appoints David Cash, Derek Stapley

Bermuda Commercial Bank’s Board of Directors announced that David Cash and Derek Stapley were appointed to the Board with effect from February 25, 2015. A native of Bermuda, Mr. Cash has been active in promoting the island’s international business sector. He joined the Board of Directors of Business Bermuda in 2009 and was appointed as its Chairman... Read more of this article

Bacardi CMO Named To Ad Age 40 Under 40

Bacardi CMO Named To Ad Age 40 Under 40

Bermuda-based Bacardi Limited, the world’s largest privately held spirits company announced that Dmitry “Dima” Ivanov [pictured], Chief Marketing Officer of Bacardi, has been named to the 2015 Ad Age 40 Under 40 list. This is Ad Age’s third annual 40 Under 40 list, a recognition of those in the media, marketing and agency worlds who have achieved... Read more of this article

Bermuda Stock Exchange Report: Mar 3 2015

Bermuda Stock Exchange Report: Mar 3 2015

Today [Mar 3] saw a volume of 6,355 shares trade on the Bermuda Stock Exchange, valued at $14,790.00 BD. 5,055 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.5% at $2.00 per share, while the other 1,300 shares were traded by Argus Group Holdings Ltd, closing up 2.9% at $3.60 per share. The BSX closed at 1,376.90, up 0.48% on the day.... Read more of this article

Lola Myshketa Appointed Sequant Executive VP

Lola Myshketa Appointed Sequant Executive VP

Sequant Re — a Bermuda-based, global reinsurance company — announced that Lola Myshketa, former Head of Asset Management of Bermuda Commercial Bank, has been appointed as Executive Vice President to lead the capital raising and business development activities for Sequant Re. Ms. Myshketa’s appointment follows Sequant Re’s launch in December... Read more of this article


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