Hashtag: #BermudaBusiness
BF&M: No Share Repurchases In July 2023
In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, the company has not purchased any shares in the calendar month of July 2023. Related Stories Veronica Swan DeGraff Earns BF&M Scholarship BF&M & Argus Summer Internship Programme Photos & Video: BF&M Breast... Read more of this article
Shipping Schedule: Week Starting Aug 12
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, August 12th. On Saturday the Carnival Venezia and the Liberty of the Seas cruise ships and the Lech Kaczynski LNG tanker are expected, on Sunday the Norwegian Pearl cruise ship and the Oleander container ship will arrive,... Read more of this article
Bermuda Stock Exchange Report: Aug 11 2023
August 11 saw 2,400 shares trade on the Bermuda Stock Exchange, valued at $14,400.00 BD. 2,400 shares were traded by Argus Group Holdings Ltd, closing even at $6.00 per share. The BSX finished at 2,226.67, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF], and the full... Read more of this article
Conyers Pay Tribute To Niel Jones
Conyers paid tribute to the late Niel Jones, calling him a superb legal practitioner and a devoted husband and father. A spokesperson said, “It is with deep sadness that we announce the tragic, untimely death of our colleague and friend, Niel Jones. “Niel was a very talented lawyer and a model colleague. He was a valued partner in the firm and a... Read more of this article
Impact Mentoring Academy Suspends Operations
The Board of Impact Mentoring Academy today announced the “immediate suspension of operations of the school for the 2023-2024 academic year due to low enrollment numbers.” A spokesperson said, “This decision was reached after careful consideration of the school’s financial position.” “We are genuinely sorry to announce... Read more of this article
BEDC Hosts Dinner For EBA Graduates
On August 10th, the Bermuda Economic Development Corporation [BEDC] hosted a graduation dinner for the 8th cohort of the Enterprise Bermuda Accelerator. Colina Outerbridge, Business Data & Policy Analyst at the BEDC, provided the welcome remarks for the occasion. She congratulated the graduating cohort, stating, “In today’s dynamic and competitive... Read more of this article
Column: MyBermudaPost Judicial Review
[Column written by OBA Senator Douglas De Couto] The PLP Government regularly makes deals that don’t make sense, and at worse, is actively against the interest of the Bermudian people, and in violation of the Government’s own procedures and laws. The Government then cynically tries to use all means within its power to hide the truth of its actions... Read more of this article
New Custom Office Suites In Hamilton
Jardine Gibbons Properties Ltd announced the launch of its new custom office suites located conveniently on the corner of Church Street and Washington Street, next to the Hamilton Bus Depot. A spokesperson said, “These innovative and personalised offices, The Suites at Russell Eve, managed by Gibbons Management Services Limited [GMSL] are designed... Read more of this article
Balance Of Payments & International Investment
The 2023 Q1 Balance of Payments & International Investment Position publication from the Department of Statistics has been released. Minister of Economy and Labour Jason Hayward said, “Bermuda’s trade with non-residents resulted in a $309 million surplus for the first quarter of 2023, down $45 million from a year ago. “Transactions related... Read more of this article
Bermuda Stock Exchange Report: Aug 10 2023
August 10 saw 5,820 shares trade on the Bermuda Stock Exchange, valued at $151,350.00 BD. 2,820 shares were traded by Bank of N.T. Butterfield Ltd, closing down 6.3% at $30.00 per share, while another 3,000 shares were traded by BF&M Ltd, closing down 3.1% at $22.25 per share. The BSX finished at 2,226.67, down 4.86% on the day. There were 0 advances,... Read more of this article
Butterfield Share Repurchases For July 2023
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of July 2023, the Bank repurchased for cancellation 296,300 Common Shares at an average price of $29.93 per share. Related Stories Butterfield Announce Leadership Appointments Butterfield Senior Management Appointments Butterfield... Read more of this article
KPMG Co-Title Sponsor Of 2023 CARIF
KPMG is a co-title sponsor for the 7th Caribbean Infrastructure Forum [CARIF] 2023, which will be held at the Ritz-Carlton in Coconut Grove, Miami this September 18 – 19, 2023. A spokesperson said, “As we move out of the pandemic, the Caribbean is experiencing a new urgency to finance and build economy-developing, resilient infrastructure... Read more of this article
