KeyTech Reports Earnings of $5.7 million

Posted by on Oct 31, 2014 in Local News & Alerts | 0 comments

KeyTech Reports Earnings of $5.7 million

The KeyTech Group of Companies today announces earnings of $5.7 million for the year ended March 31, 2014, compared to $8.3 million in the prior year.    “Notwithstanding the economic growth challenges in Bermuda and Cayman, the last 12 months have been successful in terms of strategic positioning for the company,” said KeyTech CEO Lloyd Fray. “In Bermuda, KeyTech maintained its market share in spite of intense price competition in the telecommunications market. We focused on managing expenses across our subsidiaries as well as...

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BERMUDA CABLEVISION OFFERS SUBSCRIBERS 25% CREDIT FOLLOWING STORMS

Posted by on Oct 29, 2014 in Local News & Alerts | 0 comments

BERMUDA CABLEVISION OFFERS SUBSCRIBERS 25% CREDIT FOLLOWING STORMS

 Bermuda CableVision today announces it is offering all monthly subscribers a 25% storm credit following Hurricanes Fay and Gonzalo. The offer will see CableVision extend the credit to all customers for the disruption of television and internet services, and will be reflected on their November bills. Credited services include: economy tier, deluxe tier, super tier, variety tier, DVR service, HDTV tier, HBO tier, Cinemax tier, Showtime tier, TMC tier, Sports Pack, MERGE Internet and Broadband Link.   Terry Roberson, CEO, Bermuda...

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AFL INVESTMENTS ANNOUNCES NEW HIRES – Joel Schaefer to lead the company –

Posted by on Oct 27, 2014 in Local News & Alerts | 0 comments

AFL INVESTMENTS ANNOUNCES NEW HIRES – Joel Schaefer to lead the company –

AFL Investments (“AFL”) today announces three new hires who bring extensive investment and managerial expertise to the financial services company. Joel Schaefer joins as President and Chief Executive Officer, Simon Giffen has been appointed Senior Investment Officer and Wealth Manager, and Julie Preece takes the role of Wealth Manager. All three new employees are Bermudian.   Joel Schaefer, CFA, President and Chief Executive Officer Mr. Schaefer is responsible for all segments of the investment business including execution of the...

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COCO REEF BERMUDA IS FULLY OPERATIONAL FOLLOWING HURRICANE GONZALO

Posted by on Oct 21, 2014 in Local News & Alerts | 0 comments

COCO REEF BERMUDA IS FULLY OPERATIONAL FOLLOWING HURRICANE GONZALO

Coco Reef Bermuda is fully operational following Hurricane Gonzalo’s direct hit on Bermuda over the weekend. After sustaining minimal superficial damage, Coco Reef Bermuda is accepting guests and all hotel services are open, including Café Coco and the beach and pool facilities.   Vince Angelo, General Manager of Coco Reef Bermuda, says: “Everything is back to normal at the hotel following Hurricane Gonzalo. Our power remained on throughout the storm and guests were able to relax in the lobby or rest in their rooms. We had very little...

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