Category: Business
Assured Guaranty Declares $0.18 Dividend
Assured Guaranty Ltd declared a quarterly dividend of $0.18 per common share. The dividend is payable on December 4, 2019 to shareholders of record at the close of business on November 20, 2019. Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international... Read more of this article
Bermuda Stock Exchange Report: Nov 6 2019
November 6 saw 700 shares trade on the Bermuda Stock Exchange, valued at $19,440.00 BD. 400 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.8% at $33.60 per share, while another 300 shares were traded by BF&M Ltd, closing at an even $20.00 per share. The BSX finished at 2,234.57, up 1.22% on the day. There was 1 advance, 0 declines,... Read more of this article
MIH Acquires Controlling Interest In BSX
Miami International Holdings [MIH] — the parent holding company of the MIAX, MIAX PEARL and MIAX Emerald options exchanges — and the Bermuda Stock Exchange [BSX] announced that MIH has acquired a controlling interest in the BSX. According to the announcement, the “controlling interest aligns directly with MIH’s corporate strategy... Read more of this article
Balance Of Payments & International Investment
Today [Nov 6] the Minister for the Cabinet Office Wayne Furbert released the 2019 Q2 Balance of Payments & International Investment Position publication from the Department of Statistics. Minster Furbert said, “Bermuda’s trade with non-residents resulted in a $161 million surplus for the second quarter of 2019. Bermuda’s stock of foreign assets... Read more of this article
2019 Second Quarter Gross Domestic Product
Today [Nov 6], the Minister for the Cabinet Office Wayne Furbert, released the Quarter 2, 2019 Quarterly Gross Domestic Product [GDP] publication from the Department of Statistics. The Minister explained, “After adjusting for inflation, the GDP in constant prices for the second quarter increased 4.3 per cent. The growth in the second quarter was driven... Read more of this article
Xtreme Sports To Open Fun Zone On Friday
Xtreme Sports Bermuda will open the ‘Xtreme Sports Fun Zone’ this Friday [Nov 8] in St Davids, with the facility set to feature a Nerf Gun arena, indoor skating rink, Slime Zone Lab, and more. A spokesperson said, “Xtreme Sports Bermuda, hosts of the annual Xtreme Sports Corporate Games and Life Size Inflatable Sports rentals will... Read more of this article
Dr Kyjuan Brown Launches New Product Line
Award-winning physician Dr. Kyjuan Brown, is aiming to inspire Bermudians of all ages to reach for their dreams – no matter how high they may seem – after accomplishing another professional milestone by launching his new line of hair growth products, available locally and internationally. “The Dr. Brown’s Laboratory product line... Read more of this article
Hamilton Establishes Cyber Team, New Product
Hamilton Insurance Group, Ltd. announced the launch of a new team of underwriters at the recently-acquired Pembroke Managing Agency Limited [Pembroke] and the development of a new cyber product. Pembroke’s four-person cyber team is led by Divisional Director Jacqueline Spencer-Sim [pictured]. Ms. Spencer-Sim is joined by Senior Underwriter Iain Ainslie,... Read more of this article
Hurricane Alley Entertainment Centre Opens
Hurricane Alley – which dubs itself as “Bermuda’s premier indoor entertainment centre in the heart of Hamilton” – is now open, offering an number of games, a café, licensed bar, catering services, and more. The entertainment available at Hurricane Alley includes golf, virtual reality, table tennis, karaoke, darts, gaming,... Read more of this article
BUEI To Hold Harbourside Market On Nov 16
The Bermuda Underwater Exploration Institute [BUEI] will hold a Harbourside Market event on Saturday, November 16 from 10.00am until 4.00pm at 40 Crow Lane in Pembroke. The free event will feature more than 40 vendors offering holiday gifts, as well as a raffle draw at 4.00pm, photos with Santa from 11.00am to 12.30pm, free movies, baked goods, soup,... Read more of this article
Column: “Committed To Investing In The Island”
[Opinion column written by Algonquin CEO Ian Robertson] When Algonquin Power & Utilities Corp. [Algonquin] was founded in 1988 to develop and own generating stations in mostly remote regions of Canada, it was imperative to build and maintain strong relationships with the communities in which we operate, primarily through job creation, excellent... Read more of this article
White Mountains Reports Third Quarter Results
White Mountains Insurance Group, Ltd. reported book value per share of $1,003 and adjusted book value per share of $1,005 as of September 30, 2019. Book value per share and adjusted book value per share both increased 2% in the third quarter of 2019. Book value per share and adjusted book value per share increased 12% and 13% in the first nine months... Read more of this article
