Category: Business
One Communications Sept. Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 5 September 2019, 10,000 shares were repurchased at an average price of $3.75 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share Repurchase One Communications... Read more of this article
Bermuda Stock Exchange Report: Sept 6 2019
September 6 saw 300 shares trade on the Bermuda Stock Exchange, valued at $8,400.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.7% at $28.00 per share. The BSX finished at 2,002.38, up 2.30% on the day. There was 1 advance, 0 declines, and 55 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article
Chubb Appoints Paugh As Senior Vice President
Chubb Bermuda has appointed James Paugh as Senior Vice President, General Counsel, Chubb Bermuda Insurance Limited, effective September 1, 2019. In this role, Mr. Paugh will direct all legal and regulatory activities within Chubb Bermuda and Chubb Bermuda International. Mr. Paugh’s responsibilities include overseeing the company’s legal matters... Read more of this article
Colonial Mobilising To Help Hurricane Victims
The Colonial Group International said they are “closely monitoring the impact of Hurricane Dorian on the Bahamas and positioning staff and resources to help people in need. “The hurricane is clearly a massive catastrophe for the Bahamas, particularly for the residents of Grand Bahama and the Abaco Islands, which were subjected to the worst... Read more of this article
Polaris Presents $10K In Education Awards
Polaris Holding Company Chairman Cheryl Hayward-Chew recently presented $10,000 in education awards to four students headed to university this month. A spokesperson said, “The annual $10,000 Polaris Holding Company Education Award [PHCEA] was set up to assist student-dependents of Stevedoring Services employees with funds for their tertiary level... Read more of this article
Bermuda Stock Exchange Report: Sept 5 2019
September 5 saw 10,038 shares trade on the Bermuda Stock Exchange, valued at $37,723.50 BD. 10,000 shares were traded by One Communications Ltd, closing at an even $3.75 per share, while the other 30 shares were traded by Polaris Holding Co. Ltd, closing even at $5.10 per share. The BSX finished at 1,957.40, even on the day. There were 0 advances, 0... Read more of this article
Bacardi Pledges $1 Million To Help The Bahamas
Following the devastating impact of Hurricane Dorian on The Bahamas, Bermuda-headquartered Bacardi Limited and the Bacardí family committed to donating $1 million in cash and other assistance to the disaster relief and recovery efforts. “Bacardi will collaborate with non-profit partners and the Bahamian government to ensure that this cash donation... Read more of this article
Nominations Open For The 2019 TechAwards
Starting today [Sept 5], nominations are sought for Bermuda’s best in technology in four specific categories: International Market Innovation, Local Market Innovation, Most Innovative Youth Project and Most Innovative Mobile Application. Nominations may be submitted through the Tech Awards website, www.techawards.bm. Speaking about technology innovation,... Read more of this article
Students Complete RSIR Internship Program
Rego Sotheby’s International Realty Bermuda shared the successful completion of their Summer Internship Program by Bermudian university undergraduates Hayley Ball, attending Trent University in Canada, and Georgia Rego, who is attending Elon University in North Carolina. During their internship, both students were able to enjoy industry specific training... Read more of this article
BII Conference To Tackle Opioid Crisis On Oct 3
The opioid crisis potentially poses a considerable threat of loss to multiple re/insurance lines of business, according to a conference panel moderator. Kirsten E. Beasley, the Head of Healthcare Broking, North America, Willis Towers Watson, is the moderator on a Bermuda Insurance Institute [BII] conference panel looking at the opioids issue. “This... Read more of this article
Conyers Advise Algonquin Regarding Ascendant
Law firm Conyers advised Algonquin Power & Utilities Corp. [APUC] in the acquisition of all of Ascendant Group Limited’s issued and outstanding shares. “Under the terms of the all-cash transaction, which has been approved by the board of directors of each company and by the shareholders of Ascendant, Ascendant’s shareholders will receive... Read more of this article
Bermuda Stock Exchange Report: Sept 4 2019
September 4 saw 10,533 shares trade on the Bermuda Stock Exchange, valued at $32,125.40 BD. 10,533 shares were traded by Argus Group Holdings Ltd, closing down 6.2% at $3.05 per share. The BSX finished at 1,957.40, down 0.20% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
