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Butterfield Bank dropped five cents (0.3 percent) to close at $17.30 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank also traded 2,299 shares throughout the day.
The only other trader was Argus Group Holdings Ltd., which s...
DATE: Apr 15, 2008
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Bermuda-based Lines Overseas Management (LOM) Group has launched its newly-redesigned corporate website.
LOM.com covers a wide array of topics related to LOM's growing offshore financial services business.
One of the more notable additions is the inc...
DATE: Apr 15, 2008
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Eighteen-hole golf courses in Bermuda brought in an average revenue of $3 million, more than the average Caribbean country, but considerably less than Dubai, according to KPMG's latest survey.
KPMG in Bermuda, in association with KPMG's Golf Advisory...
DATE: Apr 15, 2008
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CIFG Holding, Ltd., the holding company for CIFG's financial guaranty subsidiaries, has named David Rockwell as chief risk officer with overall responsibility for the company's risk management activities and surveillance functions.
At the same time, ...
DATE: Apr 15, 2008
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OSLO (Bloomberg) - Seadrill Ltd., the Norwegian oil-rig company set up by billionaire John Fredriksen, rose as much as 4.1 percent in Oslo trading after the company won contracts worth $4.1 billion for three of its rigs in Brazil.
Seadrill rose as mu...
DATE: Apr 15, 2008
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Bermuda is the best place in the world to practise insurance, according to Axis Capital boss John Charman, and he has no ambitions to return to Lloyd's where he built his reputation.
Speaking with Insurance Day, Mr. Charman described the recent succe...
DATE: Apr 15, 2008
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BERLIN (AP) — German automaker Volkswagen AG said yesterday it sold seven percent more vehicles in the first quarter than it had a year earlier to reach a new high, despite the dampening effect on exports of the strong euro.
Sales for the January-to-...
DATE: Apr 15, 2008
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LONDON (AP) - US private equity firm JC Flowers will not increase its $6.9 billion bid for Friends Provident plc. and warned the British insurer it plans to walk away if talks do not begin by Friday.
Shares in Friends, which rejected the £1.50 ($2.98...
DATE: Apr 15, 2008
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LONDON (Reuters) - British manufacturers hiked prices in March at the fastest rate since 1991, faced with the strongest rise in costs since records began in 1986, data showed yesterday, raising the risk of a sharp consumer price spike.
The stronger t...
DATE: Apr 15, 2008
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The latest regulatory changes and trends will be the main talking point at a seminar set to be held at the Fairmont Hamilton Princess Hotel tomorrow.
The "Insight into the Latest Regulatory Changes and Trends" Securities and Exchange Commission (SEC)...
DATE: Apr 15, 2008
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