Category: Business

Coldwell Banker Acquires BermudaRentals

Coldwell Banker Bermuda Vacations Rentals announced the acquisition of BermudaRentals.com, saying “this strategic acquisition significantly increases the company’s portfolio, offering an even broader range of properties to meet diverse traveler needs.” “As the team leader for the Vacation & Short-Term Rentals at Coldwell Banker... Read more of this article

Shipping Schedule: Week Starting July 6

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, July 6th. On Saturday the Liberty of the Seas and the Celebrity Venezia cruise ships and the USCG Eagle are expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive, and on Monday the... Read more of this article

Bermuda Stock Exchange Report: July 5 2024

July 5 saw 100 shares trade on the Bermuda Stock Exchange, valued at $725.00 BD. 100 shares were traded by Polaris Holding Co. Ltd, closing down 3.3% at $7.25 per share. The BSX finished at 2,430.49, down 0.01% on the day. There were 0 advances, 1 decline, and 50 remained unchanged. The full report for the day is available here [PDF], and the full... Read more of this article

AM Best On Credit Ratings Of Argus & BF&M

AM Best has commented following the news that BF&M and Argus Group “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A statement from the ratings agency said, “AM Best has revised the implications of the under review status to positive from developing... Read more of this article

Weekly Vendors Market On Court Street

A weekly vendors market is running on Court Street every Saturday from 9 am to 7 pm until September 28. A flyer from Empowered Heritage and Shopping Village, reads: “Our vendor market style is a vibrant and eclectic marketplace where you can explore a wide range of items, clothes, toys, jewellery, antiques, handmade products and crafts.” Interested... Read more of this article

Bermuda Stock Exchange Report: July 4 2024

July 4 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $10,406.00 BD. 2,000 shares were traded by Argus Group Holdings Ltd, closing down 13.8% at $5.17 per share. The BSX finished at 2,430.84, down 0.81% on the day. There were 0 advances, 1 decline, and 50 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

BEDC Celebrates International Cooperative Day

The Bermuda Economic Development Corporation [BEDC] will join the global community in celebrating International Cooperative Day on Saturday, July 6th. A spokesperson said, “Celebrated annually on the first Saturday of July since 1923, this day highlights cooperatives’ crucial role in fostering economic growth, social development, and community... Read more of this article

CG Presents Second Annual ‘Slow Race’

CG Insurance “proudly presented the second annual CG Slow Race during Bermuda Charge’s 2024 Scooter Mart Motor Fest, highlighting the firm’s commitment to road safety,” noting that “this event allowed riders to demonstrate their control and precision skills in an exciting competition that focused on safety rather than speed.” Naz... Read more of this article

Cambridge Beaches: Signature Learning Partner

Cambridge Beaches Resort & Spa, signed as a learning partner with the Bermuda Public School System, the Ministry said. A Government spokesperson said, “Sandys Secondary Middle School will become Bermuda’s third signature Senior School for Hospitality and Tourism and Education Services Signature Learning Programmes. In May, Cambridge Beaches... Read more of this article

Butterfield Bank Announces June Repurchases

The Bank of N.T. Butterfield & Son Limited notified the Bermuda Stock Exchange that it repurchased and canceled 237,074 common shares at an average price of $33.65 per share in June 2024. The filing stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange... Read more of this article

Carey Olsen Partners Named In ABLJ’s Top 50

Carey Olsen partners Michael Hanson, Jeremy Lightfoot, Michael Padarin, Chris Griffin, Anthony McKenzie, and James Noble were named in ABLJ’s 2024 Top 50 Offshore Lawyers list. A spokesperson said, “Carey Olsen partners Michael Hanson JP [Bermuda], Jeremy Lightfoot and Michael Padarin [Hong Kong SAR], Chris Griffin [Jersey], Anthony McKenzie... Read more of this article

Bermuda Stock Exchange Report: July 3 2024

July 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,450.62, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article

Appleby Bermuda Welcomes Summer Interns

Appleby Bermuda welcomed six legal interns to its redesigned summer internship programme, and AGS Bermuda, Appleby’s corporate and fiduciary service provider also welcomes two interns to its Bermuda office. A spokesperson said, “The Appleby interns are Max Blakeney, Jasmin Brown, Tiffany Cooper, Louis Hammond, Malcolm Hendrickson and Za’Khari... Read more of this article

Hiscox Insurance Appoints Curtis Dickinson

Specialist global insurer, Hiscox, has appointed former Finance Minister Curtis L. Dickinson as a Non Executive Director for its Hiscox Insurance Company [Bermuda] Limited subsidiary [HIB], subject to regulatory approval. A spokesperson said, “In this capacity, Curtis will work with the rest of the HIB board to oversee the strategy and vision... Read more of this article

Bermuda Stock Exchange Report: July 2 2024

July 2 saw 150 shares trade on the Bermuda Stock Exchange, valued at $2,425.00 BD. 50 shares were traded by Bank of N.T. Butterfield Ltd, closing even at 34.00 per share, while another 100 shares were traded by Bermuda Press (Holdings) Ltd, closing down 9.4% at $7.25 per share. The BSX finished at 2,450.62, down 0.05% on the day. There were 0 advances,... Read more of this article

Category: Business

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