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Bermuda Stock Exchange Report: August 9 2019

Bermuda Stock Exchange Report: August 9 2019

August 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,915.35, even on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesBSX’s Comprehensive Annual Fee Option BSX... Read more of this article

Ascendant Group Shareholders Approve Sale

Ascendant Group Shareholders Approve Sale

The shareholders of Ascendant Group — the parent company of BELCO — today approved the sale of the Company to Algonquin Power & Utilities Corp. A spokesperson said, “Ascendant Group Limited, a publicly traded provider of energy and energy-related services, today announced that at the special general meeting of the shareholders... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 1, 2019 – August 31, 2019 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the... Read more of this article

Argo Governance, Compensation Enhancements

Argo Governance, Compensation Enhancements

Argo Group International Holdings announced it will introduce two proposals at the Company’s 2020 Annual General Meeting of shareholders [AGM] as part of its continuing enhancement of the Company’s corporate governance practices. “These measures support continued value creation for all our shareholders and demonstrate our commitment to ensuring... Read more of this article

Bermuda Stock Exchange Report: August 8 2019

Bermuda Stock Exchange Report: August 8 2019

August 8 saw 12,500 shares trade on the Bermuda Stock Exchange, valued at $59,100.00 BD. 12,000 shares were traded by One Communications Ltd, closing up 1.3% at $3.80 per share, while another 500 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.5% at $27.00 per share. The BSX finished at 1,915.35, down 0.90% on the day. There was... Read more of this article

Butterfield Introduces EMV 3-D Secure Online

Butterfield Introduces EMV 3-D Secure Online

Butterfield has today adopted EMV 3-D Secure [2.0] as its new standard for protecting customers who use their credit and debit cards for online purchases. “EMV 3-D Secure was developed by EMVco [representing Europay, Mastercard, and Visa] as a new way to validate card transactions to decrease the incidence of fraud and false declines, whilst making... Read more of this article

Butterfield Shortlisted For Six Citywealth Awards

Butterfield Shortlisted For Six Citywealth Awards

Butterfield has been shortlisted in six categories in the Citywealth International Finance Centre [IFC] Awards 2020. Butterfield has been nominated for Trust Company of the Year in four categories: Switzerland; Hong Kong and Singapore; The Bahamas, Bermuda and Cayman; and Guernsey. Paul Hodgson, Managing Director of Butterfield Trust [Guernsey] Limited... Read more of this article

Airport Seeking Used Luggage To Help Testing

Airport Seeking Used Luggage To Help Testing

Skyport is asking the community to donate used luggage to assist with testing of new equipment in Bermuda’s new passenger terminal building. A spokesperson said, “If you have unused luggage you wish to donate, please email orat@skyport.bm or call 299-4832 to donate by December. For every donated piece of luggage, a ‘tag’ will be given... Read more of this article

Third Point Re Report Q2 Earnings Results

Third Point Re Report Q2 Earnings Results

Third Point Re, a specialty property and casualty reinsurer headquartered in Bermuda, reported net income available to common shareholders of $53.1 million, or $0.57 per diluted common share, for the three months ended June 30, 2019, compared to net income available to common shareholders of $19.6 million, or $0.19 per diluted common share, for the... Read more of this article

DHT Holdings Reports Q2 Loss Of $10.5 Million

DHT Holdings Reports Q2 Loss Of $10.5 Million

Bermuda-based independent oil tanker company DHT Holdings Inc. on Tuesday [Aug 6] reported a loss of $10.5 million in its second quarter. The firm said it had a loss of .7 cents on a per-share basis. Losses, adjusted for non-recurring costs, came to 3 cents per share. DHT Holdings posted revenue of $106.2 million in the period. Its adjusted revenue... Read more of this article

Assured Guaranty Declares $0.18 Dividend

Assured Guaranty Declares $0.18 Dividend

Assured Guaranty Ltd declared a quarterly dividend of $0.18 per common share. The dividend is payable on September 4, 2019 to shareholders of record at the close of business on August 21, 2019. Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international... Read more of this article

Bermuda Stock Exchange Report: August 7 2019

Bermuda Stock Exchange Report: August 7 2019

August 7 saw 10,456 shares trade on the Bermuda Stock Exchange, valued at $114,529.50 BD. 7,200 shares were traded by One Communications Ltd, closing even at $3.75 per share, while another 3,090 shares were traded by Bank of N.T. Butterfield Ltd, closing down 8.7% at $27.40 per share. 166 shares were traded by BF&M Ltd, closing up 1.2% at $17.25... Read more of this article

One: RUSH Channel To Show Premier League

One: RUSH Channel To Show Premier League

One Communications today confirmed it will be carrying RUSH, the new sports TV channel broadcasting Premier League football action for the 2019/2020 season. “The company apologizes for the sudden discontinuation of the Flow Sports Premier channel, citing changes by the content provider in mid-July as the cause for the interruption. Flow Sports... Read more of this article