Category: Business
Bermuda Stock Exchange Report: Feb 13 2018
February 13 saw 3,048 shares trade on the Bermuda Stock Exchange, valued at $117,348.00 BD. 3,048 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.6% at $38.50 per share. The BSX finished at 2,247.06, down 0.50% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Search For Regulatory Authority Commissioners
The Regulatory Authority of Bermuda is searching for “applicants to fill the role of regulators of key business sectors,” and anyone seeking to be members of the Board of Commissioners, to whom the RA will report, are expected to have their applications submitted by Friday, February 23rd. A Government spokesperson said, “The search... Read more of this article
No Card Transactions At Central Terminal
Effective Thursday [Feb 15] the Department of Public Transportation will not be able to process card transactions at the Central Terminal in Hamilton, as upgraded bank machines are being installed, and the “works are not anticipated to last more than one week.” “Effective this week Thursday, February 15, the Department of Public Transportation... Read more of this article
Emergence To Host ‘Future Of Finance’ Event
Finance executives have a chance to discover and discuss ways to keep pace with the evolving expectations of business planning in Bermuda next week. Business applications and technology services firm, Emergence, in partnership with Prophix, will be hosting a luncheon at the Hamilton Princess Trudeau Ballroom on the changing planning and forecasting... Read more of this article
Hospitality Networking Event On February 22
The Bermuda Hospitality Institute will be holding a hospitality networking event on Thursday, February 22 at the Fairmont Southampton, with high school seniors and college students invited to attend the event. Speaking at a press conference yesterday, Minister of Economic Development and Tourism Jamahl Simmons said, “I am here today to announce... Read more of this article
Canada’s Security Review Delays Aecon Deal
Aecon — the company involved in Bermuda’s airport project — confirmed that the ‘outside date’ for their proposed acquisition by a Chinese company has been extended from February 23 to March 30, as the Canadian Government has “ordered a continuation of the national security review.” Canada’s CBC news... Read more of this article
Clear View Suites & Villas Being Sold In Sections
[Written by Don Burgess] Clear View Suites and Villas has been sold to a trust. A building was knocked down and the pool removed as the property was sold off into parcels. Albert Moura, the operating principal at KW Bermuda, told Bernews that the new owners have gone in and cleaned up the estate to make it more attractive for resale. Mr Moura added... Read more of this article
Column: Valentine’s Day ‘Say It With A Will’
[Written by Harry Kessaram] Valentine’s Day is soon upon us. One does not usually associate love with death, except in Romeo and Juliet, but the day of love is actually an appropriate time to think about making a will. Why? No-one knows when their time will come, and one way to show you care about your loved ones is to make provision for them... Read more of this article
Fuller Figured Models To Audition In New York
ThickMiss BDA is planning to send five plus-size Bermudian women to New York City to audition for Fuller Figure Fashion Week, with the group selecting Regina Paynter, Sherri Vanderpool, Ashjuanna Thomas, Jennifer Shirley, and Tahirah Grant following their recent auditions. Vanessa Lake-Waldon, the owner and operator of ThickMiss BDA, told Bernews,... Read more of this article
Kid2Kid Consignment Store To Host $2 Sale
Kid2Kid Consignment is getting set to host a $2 sale at the Warwick Workmens Club on Saturday [Feb 17] from 9.00am to 5.00pm. A spokesperson said, “We are having another sale this coming Saturday from 9-5. Baked goods will be on sale! Everything will be $2.00, we have loads of new items with tags still on them. Great steals and buys.” Related... Read more of this article
Arch Capital Report Q4 Net Income Of $203.5M
Bermuda-based Arch Capital Group reports that net income available to Arch common shareholders for the 2017 fourth quarter was $203.5 million, or $1.46 per share, compared to $62.4 million, or $0.50 per share, for the 2016 fourth quarter. For the year ended December 31, 2017, the Company reported net income available to Arch common shareholders of... Read more of this article
Bermuda Stock Exchange Report: Feb 12 2018
February 12 saw 14,600 shares trade on the Bermuda Stock Exchange, valued at $159,744.00 BD. 14,000 shares were traded by Ascendant Group Limited, closing up 0.1% at $10.00 per share, while another 600 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.6% at $38.75 per share. The BSX finished at 2,258.31, down 0.49% on the day. There... Read more of this article
