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Bermuda Stock Exchange Report: Nov 9 2016

Bermuda Stock Exchange Report: Nov 9 2016

November 9 saw 27,426 shares trade on the Bermuda Stock Exchange, valued at $235,911.00 BD. 24,470 shares were traded by Ascendant Group Limited, closing even at $6.50 per share, while another 2,956 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.6% at $26.00 per share. The BSX finished at 1,676.28, up 2.47% on the day. There was 1... Read more of this article

August 2016: Retail Sales Increase By 2.9%

August 2016: Retail Sales Increase By 2.9%

Retail sales in August 2016 increased 2.9% above the $91.4 million recorded in August 2015 – and when adjusting for the annual retail sales rate of inflation, measured at 0.7% in August, the volume of retail sales increased 2.3% — according to the recently released Retail Sales Index. “Five of the seven sectors experienced increases in sales revenue.... Read more of this article

Job Recruitment Fair To Be Held On Nov 10

Job Recruitment Fair To Be Held On Nov 10

The Department of Workforce Development and Performance Solutions Limited will hold a recruitment fair tomorrow [November 10] for The Loren at Pink Beach, Bermuda’s new luxury boutique hotel. “Recruiters will be on site to conduct interviews from 10:00 a.m. – 7:00 p.m. at the Department of Workforce Development 23 Parliament Street [the... Read more of this article

Gorham’s Sponsors Nikki Bascome Match

Gorham’s Sponsors Nikki Bascome Match

Local welterweight champion boxer Nikki Bascome is getting set to enter the ring again for the ‘Takeover Fight Night’ event, thanks in part to sponsorship for Gorham’s. The home improvement store, currently in its 80th year, is the lead sponsor for Mr. Bascome’s upcoming match on December 3 in the Berkeley Institute Gymnasium. To... Read more of this article

Partner Re Staff Assist At Seniors Home

Partner Re Staff Assist At Seniors Home

23 employees from Partner Re engaged in a day of community service at Packwood Home, a non-profit organisation dedicated to providing quality care to our island’s seniors. Partner Re employees rolled up their sleeves and pitched in with projects that needed extra pairs of helping hands. The team of volunteers enthusiastically tackled painting projects,... Read more of this article

XL Catlin Promotes Two In US & Bermuda

XL Catlin Promotes Two In US & Bermuda

XL Catlin’s North America Property Insurance business announced two promotions. William Volz has been promoted to Southern California Regional Underwriting Leader in Los Angeles while Mark Flanagan has been appointed Chief Property Underwriter in Hamilton, Bermuda. According to Michele Sansone, President of XL Catlin’s North America Property business,... Read more of this article

Bermuda Stock Exchange Report: Nov 8 2016

Bermuda Stock Exchange Report: Nov 8 2016

November 8 saw 4,988 shares trade on the Bermuda Stock Exchange, valued at $106,108.80 BD. 2,788 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $25.10 per share, while another 1,700 shares were traded by BF&M Ltd, closing down 2.9% at $19.90 per share. 500 shares were traded by Argus Group Holdings Ltd, closing up 2.2% at $4.60... Read more of this article

Bermuda Made Ice Cream On Sale At Dockyard

Bermuda Made Ice Cream On Sale At Dockyard

Something new to “tickle the taste buds” has arrived at the Royal Naval Dockyard, with Bermuda-made and themed ice cream from Alex & Pete’s Bermuda Artisan Ice Cream, which has purchased the BermyBerry yogurt company, now available alongside frozen yogurt. Owner Peter Jovetic said, “The rebranding and renovating has already started... Read more of this article

New Café Owner Plans To Expand Menu

New Café Owner Plans To Expand Menu

Katerina Smith has achieved a lifetime’s dream of running her own business after taking over a popular Hamilton café, as she has bought Nonna’s on Bermudiana Road, and has plans to expand its menu and make the cafe more vibrant with more variety. Katerina Smith with her staff “I’ve lived in Bermuda for 16 years, but I am originally from Bulgaria.... Read more of this article

PwC, S&P Global Reinsurance Conference

PwC, S&P Global Reinsurance Conference

Amid a perfect storm of soft pricing, low investment yields and new industry disruptors, insurance industry leaders will offer their views on the factors re-defining the competitive landscape at the PwC – S&P Global Ratings Bermuda Reinsurance conference on Tuesday, November 8th. This year’s conference, Bermuda’s leading industry event,... Read more of this article

Masterworks One Stop Shopping Craft Fair

Masterworks One Stop Shopping Craft Fair

Masterworks is inviting the public to attend their annual One Stop Shopping Event on November 12 from 10.00am to 3.00pm. A spokesperson said, “Come on in and shop for one of a kind items from some of the top Craft Vendors on island. We will also be offering face painting, a fun photo booth complete with costumes, Christmas crafts in the classroom,... Read more of this article

Ascendant Share Buyback Program Oct 2016

Ascendant Share Buyback Program Oct 2016

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of October 2016 the company repurchased 47,880 common shares at an average price of $6.20. The Company advised the repurchased shares have been reserved for issuance. Related Stories Ascendant Celebrates... Read more of this article