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BF&M Share Repurchases For May 2017
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of May 2017 the company repurchased 15,530 common shares at an average price of $20.60. The Company advised the repurchased shares were reserved for issuance. Related Stories Veronica Swan DeGraff Earns BF&M... Read more of this article
Bermuda Stock Exchange Report: June 8 2017
June 8 saw 8,483 shares trade on the Bermuda Stock Exchange, valued at $288,332.00 BD. 8,483 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.0% at $34.00 per share. The BSX finished at 2,038.28, up 2.26% 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
Bermuda Stock Exchange Report: June 7 2017
June 7 saw 42,396 shares trade on the Bermuda Stock Exchange, valued at $95,461.14 BD. 42,200 shares were traded by One Communications Ltd, closing up 0.5% at $2.11 per share, while another 196 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.5% at $33.00 per share. The BSX finished at 1,993.30, up 1.13% on the day. There were 2 advances,... Read more of this article
Xtreme Sports Set To Expand, Open Fun Zone
After a successful two years in business, entertainment company Xtreme Sports is set to expand again with the opening of its Fun Zone. With the focus of providing Bermudian families with something new and exciting to experience, the Xtreme Sports Fun Zone will be open every other Saturday from June 10th – September 2nd, to be held at PHC Field in... Read more of this article
JRVR Announces Closing Of Secondary Offering
James River Group Holdings, Ltd. [JRVR] announced the closing of the previously announced underwritten secondary public offering of the Company’s common shares by certain of the Company’s significant shareholders. The Selling Shareholders sold 4,250,000 common shares for total net proceeds of $167,492,500. The Selling Shareholders received all... Read more of this article
Athene Holding Announce Secondary Offering
Bermuda-based Athene Holding Ltd. announced the launch of an underwritten secondary offering of its Class A common shares. All of the 16,200,000 Class A common shares to be sold in the Offering are being sold by certain shareholders of Athene, and Athene will not receive any proceeds from the Offering. The underwriters may also exercise a 30-day option... Read more of this article
One Communications May Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to its share repurchase programme, during the month of May 2017 the company repurchased 30,000 of its common shares at an average price of $2.75 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share... Read more of this article
Bermuda Stock Exchange Report: June 6 2017
June 6 saw 34,704 shares trade on the Bermuda Stock Exchange, valued at $72,143.20 BD. 34,704 shares were traded by One Communications Ltd, closing closing even at $2.10 per share. The BSX finished at 1,971.13, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Arch To Sponsor Island Games Golf Teams
The Bermuda Golf Association [BGA] announced that Arch Capital Group Ltd. will be the lead sponsor for the Bermuda men’s and ladies golf teams competing at the 2017 NatWest Island Games in Gotland, Sweden from June 24-30. Keen Ltd. and Red Laser Ltd. have also agreed to be supporting sponsors of Team Bermuda for the 2017 Games and the upcoming 2017/18... Read more of this article
Goslings Unveil Special Edition $10,000 Rum
When the America’s Cup announced their decision to bring the 35th running of the event to Bermuda in 2017, one company in particular instantly decided to do something to mark the occasion, with Goslings creating a special edition product featuring a handmade crystal decanter that sells for $10,000. As the 7th generation President & CEO... Read more of this article
HSBC Reviewing To “Prevent Future Incidents”
Following an email being sent to a “small number” of retail banking customers which “unfortunately included an attachment containing personal information of some of HSBC Bermuda’s customers,” HSBC said they “takes the security of its customers’ information extremely seriously” and are “currently reviewing... Read more of this article
Carla Seely Column: ‘A Wise Man Once Said’
[Written by Carla Seely] A couple of weeks ago, I was speaking with my 98-year-old grandfather who, until quite recently, was actually still living in his own home. What amazes me about my grandfather is although he is physically starting to slow down, mentally he is still “quick as a whip” and is never short of an opinion. We chatted for a while... Read more of this article
