Category: Business
Bermuda Stock Exchange Report: April 24 2024
April 24 saw 0 shares trade on the Bermuda Stock Exchange The BSX finished at 2,278.17, 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 ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: May 17 2024 Bermuda Stock Exchange... Read more of this article
Aircare Unveils Midea Air Conditioners
Aircare Ltd has announced that the Company has introduced a “competitively priced range of small, energy-efficient air conditioners and dehumidifiers from manufacturer Midea.” A spokesperson said, “Midea window units are available in 12,000 Btu capacity with a CEER rating of 10.9 and are available in cooling only and with a heating... Read more of this article
Arch Insurance Int’l Appoints Kirsten Valder
Arch Insurance International has appointed Kirsten Valder as its new Deputy CEO, responsible for overseeing global platform development under CEO Hugh Sturgess. A spokesperson said, “Arch Insurance International has today announced the appointment of Kirsten Valder as Deputy CEO of Arch Insurance International, effective immediately. “As... Read more of this article
Bermuda Stock Exchange Report: April 23 2024
April 23 saw 900 shares trade on the Bermuda Stock Exchange, valued at $24,075.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $30.25 per share, while another 600 shares were traded by BF&M Ltd, closing down 1.9% at $25.00 per share. The BSX finished at 2,278.17, down 0.20% on the day. There were 0 advances, 1 decline,... Read more of this article
Butterfield Reports First Quarter 2024 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended March 31, 2024. A spokesperson said, “Net income for the first quarter of 2024 was $53.4 million, or $1.13 per diluted common share, compared to net income of $53.5 million, or $1.11 per diluted common share, for the previous quarter and $62.2... Read more of this article
KPMG & Frontier Open Scholarship Applications
KPMG in Bermuda and Frontier have opened applications for their annual scholarships, valued at $30,000 and $15,000 respectively. A spokesperson said, “It’s the time of year when KPMG in Bermuda and Frontier, an Artex company, are welcoming applications for their esteemed annual scholarships, a cornerstone of KPMG’s Lift Off Program. These... Read more of this article
Compass Point Commercial Property For Sale
Rego Sotheby’s International Realty has introduced Compass Point, offering “a rare chance to own a large scale, robust commercial building with coveted onsite city parking.” A spokesperson said, “Rego Sotheby’s International Realty introduces a rare chance to own a large scale, robust commercial building with coveted onsite city... Read more of this article
Bermuda Stock Exchange Report: April 22 2024
April 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,282.64, 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 ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: May 17 2024 Bermuda Stock... Read more of this article
Pre-Father’s Day Pamper Party At Spa Oasis
Unique Global Events and Services announced the inaugural Cater to You Pre-Father’s Day Pamper Party on Saturday, June 15th, 2024, offering a bespoke spa experience tailored exclusively for fathers at Spa Oasis. A spokesperson said, “This Father’s Day, make the most of your time and treat yourself or that special father in your life... Read more of this article
Glenn Jones Nominated For Three Emmys
Bermudian journalist Glenn Jones and NBC 10 Boston have been nominated for three Emmys in the 47th Boston/New England Emmy Awards. The nominations were for ‘Sneaker City: From the Ground Up’ in the Magazine Program category, ‘Lewiston Maine Mass Shootings’ in the Breaking/Spot News-multiple Reports category, and ‘Veteran... Read more of this article
Apex Group Acquires IP Management Company
Apex Group has acquired IP Management Company, a South African unit trust management firm. A spokesperson said, “Apex Group Ltd. [Apex Group or The Group], a global financial services provider, today announces its acquisition of IP Management Company [RF] [Pty] Ltd [IPMC], a South African unit trust management company [ManCo]. “This follows... Read more of this article
Shipping Schedule: Week Starting April 20
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 20th. On Saturday the Jasper Arrow vehicles carrier is expected, on Sunday the Norwegian Getaway and the Norwegian Gem cruise ships, the Oleander container ship and the Kas Kiara oil products tanker will arrive,... Read more of this article
Teenager Olly Cherry Creates Tourism Website
[Written by Stephen Wright] Teenager Olly Cherry has launched a tourism service, Bermuda Your Way, offering a “unique and bespoke” travel experience for visitors to the island. The 17-year-old, who initially developed the idea as part of a school project at Somersfield Academy, is passionate about the island and believes it more than fulfils the... Read more of this article
Bermuda Stock Exchange Report: April 19 2024
April 19 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $20,670.00 BD. 600 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $30.25 per share, while another 400 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share. The BSX finished at 2,282.64, even on the day. There were 0 advances, 0... Read more of this article
Food Up 3.1% Annually, Up 0.1% Monthly
On an annual basis the food sector increased 3.1% and on month to month basis it increased 0.1% in November, according to the recently released November Consumer Price Index. As far as year to year food prices, the report said, “The Food sector increased 3.1 per cent. The major contributors to the annual increase in the sector were the average cost... Read more of this article
Conyers Trust Services Promotes Trey Tucker
Conyers Trust Services has announced the promotion of Trey Tucker to Trust Administrator. A spokesperson said, “Conyers Trust Services [Bermuda] Limited [Conyers Trust] is pleased to announce the promotion of Trey Tucker to the position of Trust Administrator. This achievement reflects Conyers’ commitment to nurturing talent and fostering... Read more of this article
