Category: Business
Bermuda Stock Exchange Report: April 24 2018
April 24 saw 4,605 shares trade on the Bermuda Stock Exchange, valued at $167,660.00 BD. 2,430 shares were traded by Watlington Waterworks Ltd, closing up 6.0% at $26.50 per share, while another 2,175 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.3% at $47.50 per share. The BSX finished at 2,642.79, up 2.68% on the day. There... Read more of this article
Happy Hour Is Back At Newstead Resort
Happy Hour is set to return at the Newstead Belmont Hills Golf Resort & Spa, with the resort set to begin hosting the weekly events on Friday, May 4, from 5-9 pm. Once a well known Happy Hour event, the resort said they are “looking forward to putting the fun back into Fridays with a weekly night of music, food, drink and revelry.” “The... Read more of this article
37 People Certified As Guest Room Attendants
Thirty-seven people, who successfully completed a Guest Room Attendant Program – a joint initiative of the Bermuda Hospitality Institute [BHI], Ministry of Education and Workforce Development, Department of Financial Assistance and Ministry of Economic Development and Tourism – were awarded certificates and pins at a special presentation. Held... Read more of this article
Butterfield Bank Reports First Quarter Results
The Bank of N.T. Butterfield & Son Limited announced financial results for the quarter ended March 31, 2018. First quarter core net income was $45.0 million, or $0.81 per diluted common share, compared to $42.2 million, or $0.76 per diluted common share for the fourth quarter of 2017 and $38.5 million, or $0.70 per diluted common share, for the... Read more of this article
Margaret Franklin Addresses Bermuda Audience
Margaret Franklin, President of BNY Mellon Wealth Management, Advisory Services recently addressed a Bermuda audience of banking and finance professionals, members of 100 Women in Finance [100WF], and the CFA Society. A spokesperson said, “Franklin reflected on why it’s essential to place investor interests above other objectives and how diversity... Read more of this article
Bacardi: One Of Most Reputable Companies
Bermuda-headquartered Bacardi Limited, the largest privately held spirits company in the world, has once again been named among the most reputable companies in the world, as part of the annual Global RepTrak 100 list compiled by the Reputation Institute [RI] and published in Forbes. Ranked at #89, this is the sixth consecutive time Bacardi has made... Read more of this article
Argo To Transfer Listing From NASDAQ
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products in the property and casualty market, announced it is transferring the listing of its shares to the New York Stock Exchange [NYSE] from the NASDAQ Global Select Market, and that its subsidiary Argo Group US, Inc. is transferring the... Read more of this article
Bermuda Stock Exchange Report: April 23 2018
April 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,573.85, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article
Ascendant Group Announces 2017 Results
In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited announced their 2017 results, with core earnings in 2017 of $18.9 million compared to $13.9 million in 2016. The filing stated: Stable earnings at BELCO; significant earnings growth in unregulated businesses Highlights Ascendant Group Limited’s core earnings per share increased... Read more of this article
African-American Travel Consumer Research
The Bermuda Tourism Authority is joining forces with other destination marketing organisations including NYC & Company, Visit Baltimore, Virginia Tourism Corporation and Greater Miami Convention and Visitors’ Bureau, to “fund new consumer research about the African-American travel market.” “Mandala Research is fielding and putting... Read more of this article
National Assessment Of Local Charities
Oyster Consulting [Bermuda] Ltd. has been engaged by the Registry General to assist with a national assessment of the entire local charities sector, and “will be contacting local churches, charitable trusts, companies limited by guarantee or any other legal entity set up in Bermuda as a charity, for relevant information to assess whether there... Read more of this article
Richards Points Out ‘Inherent Inconsistency’
While speaking at the recent Offshore Alert conference, former Finance Minister Bob Richards pointed out the “inherent inconsistency” that the ICIJ’s positioned itself as the “arbiter of the privacy rights” of the people in the Paradise Papers, but at the same time protected the privacy of the source who obtained the documents. This... Read more of this article
