Hashtag: #BermudaBusiness
Video: ‘Taking Off’ Highlights New Airport Road
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this episode highlighting the construction progress of the new road at the airport. Speaking in the episode, Mikaela Pearman said, “The new road at the airport is almost done! You’ll recall... Read more of this article
Made In Bermuda Nights Cup Match Edition
A special Cup Match edition of Made in Bermuda Nights looks set to rally some early holiday rivalry among locals and visitors on White’s Island tonight. Guests are invited to sport their respective team colours supporting either Somerset [blue/red] or St. George’s [blue/blue] at this week’s event, which features bands One Soulution and Sheila... Read more of this article
Bermuda Stock Exchange Report: July 24 2019
July 24 saw 2,533 shares trade on the Bermuda Stock Exchange, valued at $47,853.30 BD. 2,233 shares were traded by BF&M Ltd, closing at an even $17.05 per share, while the other 300 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.7% at $33.34 per share. The BSX finished at 2,198.28, up 0.49% on the day. There was 1 advance, 0... Read more of this article
Lili Bermuda Launches “Nautilus” Fragrance
Lili Bermuda launched Nautilus, its latest fragrance for men, at their Hamilton flagship store last night. “Guests sampled the new fragrance inspired by the colors, sounds and energy of a summer Bermuda storm. Nautilus reflects the supernatural energy of crashing waves, which have sculpted so perfectly our idyllic Bermuda landscape. Nautilus is... Read more of this article
LOM Financial July Share Repurchase
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited, announced that, during the period 1st to 16th July, the Company purchased a total of 175,000 shares at an average price of $2.78 for cancellation. The full filing stated: “Please be advised that LOM Financial Limited has purchased a total of 175,000 shares at an average... Read more of this article
Bermuda Stock Exchange Report: July 23 2019
July 23 saw 2,313 shares trade on the Bermuda Stock Exchange, valued at $31,710.30 BD. 1,100 shares were traded by Devonshire Industries Ltd, closing down 24.8% at $3.95 per share, while another 700 shares were traded by BF&M Ltd, closing up 0.3% at $17.05 per share. 500 shares were traded by Ascendant Group Limited, closing up 24.9% at $30.00... Read more of this article
Butterfield Bank Financial Results For 2019 Q2
The Bank of Butterfield today announced financial results for the second quarter ended June 30, 2019. Net income for the second quarter was $38.6 million or $0.72 per diluted common share, compared to $52.1 million or $0.96 per common share for the previous quarter and $49.7 million, or $0.89 per common share in the second quarter of 2018. Second... Read more of this article
RenaissanceRe Report Net Income Of $367.9M
RenaissanceRe Holdings today reported net income available to RenaissanceRe common shareholders of $367.9 million, or $8.35 per diluted common share, in the second quarter of 2019, compared to $191.8 million, or $4.78 per diluted common share, in the second quarter of 2018. Operating income available to Renaissance Re common shareholders was $212.6... Read more of this article
Hagen & Reid Awarded EY Gil Tucker Scholarship
Philip Hagen and Joshua Reid have been selected as the recipients of the 2019 EY Gil Tucker Bermuda Scholarship. Both Mr Hagen and Mr Reid are interning with EY’s Assurance teams this summer. The EY scholarship is valued at up to $30,000 USD per year for a maximum of five years until the recipient has completed the minimum educational requirement... Read more of this article
Rosewood Tucker’s Point Appoint Buddy Fleming
Tucker’s Point has appointed Buddy Fleming as Director of Real Estate Sales and Marketing. A spokesperson said, “Rosewood Tucker’s Point, Bermuda’s premier residential and resort community, has appointed long time industry professional, Buddy Fleming, as Director of Real Estate Sales and Marketing. “In this role, Buddy is responsible for... Read more of this article
Bermuda Stock Exchange Report: July 22 2019
July 22 saw 800 shares trade on the Bermuda Stock Exchange, valued at $12,000.00 BD. 800 shares were traded by Somers Limited, closing even at $15.00 per share. The BSX finished at 2,129.86, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock... Read more of this article
Video: Premier Burt & Circle Press Conference
[Updated] Premier David Burt is holding a press conference this afternoon [July 22], and we will have additional coverage later on, and in the meantime the live video is below. Update: The live broadcast has concluded and the 20-minute replay is below Update 1.55pm: The press conference was to announced that Circle plans to launch a new subsidiary... Read more of this article
