Category: Business
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: Jan 8 2026 Bermuda Stock Exchange Report: Jan 7 2026 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
Shipping Schedule: Week Starting April 21
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday April 21st. On Sunday the Norwegian Dawn cruise ship is expected, on Monday the Oleander container ship will arrive, and on Tuesday the Pacific Princess cruise ship and the Somers Isles container ship are scheduled to... Read more of this article
A.M. Best Affirms Ratings Of Athene Holdings
A.M. Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “a” of the members of Athene Group [Athene]. Athene, which is focused on the fixed indexed and fixed annuity market segments, is the consolidation of the organization’s U.S. operating companies, along with Athene Life... Read more of this article
Bermuda Stock Exchange Report: April 20 2018
April 20 saw 2,201 shares trade on the Bermuda Stock Exchange, valued at $101,221.00 BD. 2,201 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.9% at $46.00 per share. The BSX finished at 2,573.85, up 2.32% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF], and... Read more of this article
Results Of Bank Of Butterfield AGM Vote
In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited announced the results of the AGM vote. The filing stated, “The Bank of N.T. Butterfield & Son Limited announced the results of the Shareholders’ vote at the Bank’s 114th Annual General Meeting held earlier today. “Each of the proposals numbered... Read more of this article
Craig Barley Joins Butterfield Bahamas
Craig Barley [pictured] has joined Butterfield Trust [Bahamas] Limited as Managing Director, where he will have overall responsibility for the management and development of Butterfield’s Bahamas-based trust business, which is a key part of Butterfield Group’s global network of trust companies. Originally from the UK, Mr. Barley was most recently... Read more of this article
Bermuda Stock Exchange Report: April 19 2018
April 19 saw 16,400 shares trade on the Bermuda Stock Exchange, valued at $354,668.00 BD. 8,800 shares were traded by One Communications Ltd, closing down 25.3% at $2.16 per share, while another 7,500 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.1% at $44.70 per share. 100 shares were traded by West Hamilton Holdings Ltd, closing... Read more of this article
BECL Southside Testing Facility Re-Opens
The Transport Control Department has advised that repairs to the Bermuda Emissions Control Ltd. [BECL] Southside Testing Facility have been completed and the testing of vehicles has resumed. A spokesperson said, “The Transport Control Department has advised that repairs to the Bermuda Emissions Control Ltd. Southside Testing Facility have been completed... Read more of this article
