Category: Business
Bermuda Stock Exchange Report: June 10 2020
June 10 saw 58,900 shares trade on the Bermuda Stock Exchange, valued at $172,585.00 BD. 58,900 shares were traded by Argus Group Holdings Ltd, closing up 7.0% at $2.30 per share. The BSX finished at 1,955.71, up 0.15% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Argus To Provide Refunds On Motor Insurance
The Argus Group’s car, motorcycle and small business customers will receive a 50% rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims due to the 24-hour Shelter-in-Place, the company announced today. “In addition, customers can choose how they would like to receive their rebate –... Read more of this article
KPMG To Host Post Covid-19 Webinar Series
KPMG will be hosting a series of webinars highlighting transition and recovery strategies in a post Covid-19 environment. A spokesperson said, “As economies are reopening, governments and businesses need to consider their rentry and the new reality. KPMG will lead a series of webinars highlighting transition and recovery strategies in a post COVID-19... Read more of this article
Fidelis Raises Additional $500M Of Equity Capital
Fidelis Insurance Holdings announced that it has executed agreements to raise a further $500 million of equity capital from existing investor relationships. A spokesperson said, “The Company has now secured $800 million of additional equity in the last six months. The Company will have capital for underwriting in excess of $2 billion. This will... Read more of this article
Bermuda Stock Exchange Report: June 9 2020
June 9 saw 700 shares trade on the Bermuda Stock Exchange, valued at $21,700.00 BD. 700 shares were traded by Ascendant Group Limited, closing up 1.3% at $31.00 per share. The BSX finished at 1,952.72, up 0.20% on the day. There was 1 advance, 0 decline, and 59 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Select Sites Group Donates To Salvation Army
Select Sites Group has donated new carpeting for three rooms to the Salvation Army as they renovate their residential facilities. Owners Chris and Starla Williams heard that the Salvation Army residential facilities were being renovated and wanted to help with the project, so they donated new carpeting for three rooms. The Salvation Army’s Beverly... Read more of this article
Butterfield Bank Extends Banking Centre Hours
The Bank of Butterfield will be extending its operating hours at all Banking Centre locations in Bermuda starting Thursday [June 11]. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited [Butterfield] announced it will be extending its operating hours at all Banking Centre locations in Bermuda effective Thursday, 11 June, corresponding... Read more of this article
Habitat For Humanity ReStore Set To Open
Bermuda’s first Habitat For Humanity Habit ReStore is getting set to open on Friday [June 12] at 10.00am on Front Street. A spokesperson said, “Sheelagh Cooper, Chair of Habitat for Humanity, Bermuda, is pleased to announce the opening of Bermuda’s first Habit ReStore at the old Bluck’s building on Front Street on Friday, June 12th at 10am.... Read more of this article
Bermuda Aviation Purchases Stake In BAS-Serco
In a filing with the Bermuda Stock Exchange, Bermuda Aviation Services Limited has announced the purchase of the remaining stake in BAS-Serco Ltd, making the company – renamed to BAS Facilities Management Ltd. – “100% Bermuda-owned.” The filing stated, “Bermuda Aviation Services Limited purchases remaining stake in BAS-Serco... Read more of this article
LSM Supporting Community Amid Covid-19
Liberty Specialty Markets [LSM] is supporting a number of community-oriented initiatives amid the ongoing Covid-19 pandemic. A spokesperson said, “One of Liberty’s core values is to put people first, in an effort to make a difference in our community, LSM Bermuda has supported the following organizations with charitable donations: “1.... Read more of this article
Bermuda Stock Exchange Report: June 8 2020
June 8 saw 20,900 shares trade on the Bermuda Stock Exchange, valued at $323,010.00 BD. 10,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 15.4% at $28.05 per share, while another 10,900 shares were traded by One Communications Ltd, closing even at $3.90 per share. The BSX finished at 1,948.86, up 9.47% on the day. There was 1 advance,... Read more of this article
‘Instead Of Boycotting Stores, Uplift And Promote’
“We have decided instead of boycotting stores weekly we will uplift and promote Black businesses for you to support,” the Black Lives Bermuda organisation group said. This statement follows after the Black Lives Matter march yesterday, which saw thousands of people march through the streets of Hamilton. At the end of the march the organisers... Read more of this article
