Archive for December 9th, 2011
Motocross Gets Early Christmas Gift
Bermuda Motocross Association President Jonathan Trott yesterday [Dec.8] gave an update on the track work being done at the Southside Motorsport Park. Correia Construction have stepped in to assist the ailing club and are going to sponsor the improvements to the track at Southside. The Motocross season has been delayed in starting because of plans... Read more of this article
Society’s Pre-Christmas ‘Art Mart’
The Bermuda Society of Arts [BSoA] is putting local paintings and photos in the picture this festive season as genuinely one-of-a-kinds by hosting a one-day pre-Christmas “Art Mart” sale at City Hall on Saturday [Dec. 10]. The event will run from 10am until 2pm. Artists who will be selling their work at discounted prices include Jolene... Read more of this article
Man Charged: $1.4 Million Drug Case
This morning [Dec.9] in Magistrates Court 46-year-old Shannon Forth was charged with importing drugs valued at over a million dollars, and was given bail in the amount of a million dollars. Mr Forth had been charged with the offences of importing diamorphine [heroin] and of possessing a quantity of diamorphine with intent to supply. The offence was... Read more of this article
Business Traveller Visa Waivers
[Updated] Effective immediately, business travellers to the island from visa-controlled nations will no longer require separate Bermuda entry visas, National Security Minister Wayne Perinchief said this morning [Dec.9]. The Minister said the requirement was being waived because the businessmen effected would already have US, UK or Canadian multi-entry... Read more of this article
Analysts Give Validus A ‘Buy’ Rating
Bermuda’s Validus Holdings was upgraded by equities research analysts at Stifel Nicolaus to a “buy” rating in a research note issued to investors today [Dec.9]. The analysts currently have a $38.00 price target on the stock. Separately, analysts at Zacks Investment Research upgraded shares of Validus Holdings from an “underperform” rating... Read more of this article
Island Schools Earn ‘Dollars For Hours’
Eight local schools received $30,000 each at the culmination of PartnerRe Ltd.’s successful Dollars for Hours project that pairs student volunteers with local charities on community projects. At an event hosted by PartnerRe on Tuesdayy [Dec. 6] to celebrate and showcase the students’ achievements, PartnerRe’s President and CEO, Costas Miranthis... Read more of this article
‘Regiment Night’ At Warwick Camp
Lieutenant-Colonel Brian Gonsalves said the island’s soldiers can be proud of all they achieved in 2011, adding the Bermuda Regiment is better for having faced and embraced change. The Regiment’s Commanding Officer [CO] was addressing his troops as they mustered for their annual end-of-year Regimental Night on Wednesday [Dec.7]. The CO... Read more of this article
East End Police Community Awareness Day
The Southside Police Station will hold an open house today [Dec.9] from 9 am to 4:30 pm. This event is open to all members of the public and will provide crime prevention advice as well as interactive displays. Light refreshments will be served. Related Stories Man Arrested After ‘Disturbance’ On Front Street Police Warn Of WhatsApp Zoom... Read more of this article
UN Debates Independence Resolution
The United Nations General Assembly in New York will today [Dec.9] discuss a draft resolution reaffirming the incompatibility of any form and manifestation of colonialism, including economic exploitation, with the international organisation’s charter. Bermuda is on the official list of territories being discussed as well as Anguilla, Cayman... Read more of this article
Bieber Has A Rankin-Bass Christmas
Superstar Justin Bieber is coming to town in a new Christmas video in the guise of one of the Animagic puppets from a TV special made by Bermuda’s Arthur Rankin Jr. The Canadian pop singer brings his perky persona to the puppet party as he joins young Kris Kringle and his pal Topper the Penguin — the stars of Mr. Rankin’s animated... Read more of this article
Memorial For Woman Lost At Sea
An American woman who was lost at sea off Bermuda in an ill-fated yacht regatta will be remembered at a memorial service on Sunday [Dec. 12]. The California school where Jan Anderson worked as a secretary for many years will be the site of the service. Mrs. Anderson, 59, died last month while sailing with her husband near Bermuda [the couple are pictured... Read more of this article
Bermuda Oil Firm Founder Could Owe $6M
The founder and CEO of Bermuda’s Gulf Keystone Petroleum Ltd., may have to pay a $6 million fine to US tax authorities because he didn’t declare overseas accounts and trusts, the Bloomberg financial news service reports today [Dec.9]. The penalty came to light when Todd Kozel’s attorneys listed it among his debts in his Florida divorce case.... Read more of this article
