Category: Business
Bermuda Stock Exchange Report: Nov 15 2022
November 15 saw 1,115 shares trade on the Bermuda Stock Exchange, valued at $36,237.50 BD. 1,115 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.6% at $32.50 per share. The BSX finished at 2,356.63, up 1.15% on the day. There was 1 advance, 0 declines, and 67 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Donovan & Trey Brown To Be On ‘Shark Tank’
Ride FRSH — a company co-founded by Donovan and Trey Brown — will be featured on the Shark Tank television show. A spokesperson said, “Ride FRSH, The world’s coolest air freshener brand will be featured on season 14 episode 07 of the hit business show Shark Tank! Howard University graduates and blood brothers Donovan and Trey Brown [along... Read more of this article
Video: BEDC Rocket Pitch Contest
The Bermuda Economic Development Corporation [BEDC] is holding their Rocket Pitch event this evening [Nov 15] with Bermuda’s entrepreneurs pitching their businesses before a panel of judges with an aim to win cash and services and you can tune in and watch live below. The 3 hour live video replay is below: Related Stories Video: Premier &... Read more of this article
$3,600 Donated To Bermuda Diabetes Association
KraftHeinz and Butterfield & Vallis donated $3,600 to the Bermuda Diabetes Association. A spokesperson said, “KraftHeinz and Butterfield & Vallis recently completed the third quarter of their KraftHeinz Cares Campaign. With the purchase of any participating KraftHeinz product, including Kraft mayonnaise, Heinz ketchup, Kraft dressing,... Read more of this article
Somers: No Share Repurchases For October
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced share repurchases and total shares in issue. The full filing stated: “Somers Limited, a financial services investment holding company, announces that during the month of October 2022, Somers had no repurchases of its own common shares. “The number of common shares in issue... Read more of this article
Bermuda Stock Exchange Report: Nov 14 2022
November 14 saw 25,000 shares trade on the Bermuda Stock Exchange, valued at $128,750.00 BD. 25,000 shares were traded by LOM Financial Limited, closing down 6.4% at $5.15 per share. The BSX finished at 2,329.81, down 0.11% on the day. There were 0 advances, 1 decline, and 67 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
IGI Quarterly Ordinary Common Share Dividend
International General Insurance Holdings Ltd. announced that its Board of Directors has declared an ordinary common share dividend of $0.01 per share for the period July 1, 2022 – September 30, 2022. The dividend is payable on December 14, 2022 to shareholders of record at the close of business on November 29, 2022. Related Stories Allshores Share... Read more of this article
Courcy & Dickinson Attend Conference In Chile
Bermuda International Long Term Insurers and Reinsurers [BILTIR] Chair Natasha Scotland Courcy and newly-elected Executive Advisor Curtis Dickinson recently represented the island’s life insurance and reinsurance industry at an international insurance conference in Santiago, Chile. A spokesperson said, “The International Association of Insurance... Read more of this article
BEDC To Host Cooperatives Workshops
The Bermuda Economic Development Corporation [BEDC] will be hosting an Introduction to Business Cooperatives Workshop – Building Block 1, on December 1st and 2nd in the BEDC training room. A spokesperson said, “Facilitated by Dr Rebecca Savoie, an international coop ecosystem and business developer, this dynamic workshop will provide attendees... Read more of this article
BEDC To Host ‘Next Man Up’ Panel On Nov 17
As part of Global Entrepreneurship Week activities the Bermuda Economic Development Corporation [BEDC] will host the Next Man Up panel discussion on Thursday [Nov 17] from 5.30pm to 8.00pm at The Cloud. A spokesperson said, “Next Man Up will be a space for men in entrepreneurship and men in business to come together, learn and grow as small business... Read more of this article
‘Important To Understand The Product & Its Risk’
Digital asset technology is growing in adoption, the level of risk associated will vary according to the use case and product design and it is “important for the public to understand the product and its risk before entering into any agreement,” the Bermuda Monetary Authority [BMA] said. A spokesperson said, “Digital asset technology... Read more of this article
Everest Re Group Announces $1.65 Dividend
Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before December 16, 2022 to all shareholders of record as of November 23, 2022. Related Stories Everest Appoints New Actuary And Risk Chief Everest Names Gary Haase CEO Of Legacy Everest Group Declares $2.00 Dividend Everest To... Read more of this article
