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ROYALSTAR INVESTORS GET '200% PAY OUT'
By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the
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Bahamian realtor at top industry summit
BAHAMAS Realty's chief executive has attended an Orlando summit featuring some of the world's top real estate firms and professionals.
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Investors unanimously re-elect Bank's Board
Commonwealth Bank’s shareholders have voted unanimously to return all 10 directors to the Board at its Annual General Meeting.
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Albury and Buffaloes win title after double overtime thriller
WITH very little chance to celebrate his first taste of victory as a high school football state champion on Friday night, Deyton Albury was on the court on Saturday making his successful debut as a basketball player for the Sunrise Christian Academy Buffaloes.
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Bahamasair: 20% of subsidy pays off Gov't bills
More than 20 per cent of the $23.476 million taxpayer subsidy granted to Bahamasair in fiscal 2011-2012 went on a money ‘merry go round’ to pay bills the airline owed to its Government shareholder.
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AML aims to 'double' its net profit margin
AML Foods is aiming to double net profit margins to 4 per cent, its chief executive telling Tribune Business yesterday that it was targeting year-over-year top-line growth of 16.4 per cent to $115 million for its current financial year.
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Granger scores 25 as Pacers cool down the Heat 105-90
By CLIFF BRUNT AP Sports Writer INDIANAPOLIS (AP) -- Welcome to the spotlight, Indiana Pacers. While the Dwight Howard contract saga in Orlando, the emergence of Jeremy Lin in New York and team success in Chicago and Miami grabbed attention in the Eastern
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PM urged: ‘Put your foot down’ on BOB woes
Bank of the Bahamas was yesterday slammed for its latest failure to make timely disclosure to shareholders, having failed to provide the market with the outcome of its $40 million rights issue since it closed two months ago.
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High net worth growth of 10% can aid Bahamas
The 10 per cent rise in the collective wealth of the world’s high net worth individuals (HNWIs), which hit $46.2 trillion at end-2012, shows the Bahamian financial services industry still has much to play for.
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Bahamian broker’s clients in $1.3m ‘hacking’ fraud
Clients of a now-defunct Bahamian broker/dealer have been accused of abusing its accounts to both conduct and conceal a computer hacking-related securities fraud that netted them $1.3m in collective illegal profits.
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GSSSA volleyball season wraps up today
WITH the Government Secondary Schools Sports Association (GSSSA) volleyball regular season coming to a close, senior teams have turned up the intensity on the courts.
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Deandre Ayton posts his 17th double double of the season
DEANDRE Ayton was off his minutes restriction and had his most dominant performance of the three games he has been back on the floor since his return from an ankle injury.
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Bahamas destroys Cuba by 41 points
The top ranked Bahamas men’s national basketball team, arguably one of the best teams ever selected, posted an impressive 41-point rout over Cuba to start the FIBA Pre-Olympic Qualifying Tournament in La Banda, Argentina.
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Kobe Bryant's death leaves NBA players, others in shock
NEW YORK (AP) — Kobe Bryant authored some of his most memorable moments at Madison Square Garden and made himself a centrepiece of the Lakers-Celtics rivalry. Bryant was remembered for that and so much more yesterday after the five-time NBA champion
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Fiscal deficit up 24% to end-May '12
The Government’s fiscal deficit for the first 11 months in its 2011-2012 fiscal year rose 24 per cent year-on-year to $293.8 million, as spending - and the size of government - outpaced a 4.5 per cent improvement in tax revenues.
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Celtics hold off Kings 103-102 despite Hield’s 41 points
BOSTON (AP) — Jaylen Brown scored 24 points, Jayson Tatum had 20 and the Boston Celtics held off the Sacramento Kings 103-102 despite a career-high 41 points from Buddy Hield last night.
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Travis Munnings has big debut
TRAVIS Munnings had a successful debut to his pro basketball career and provided La Rochelle Stade Rochelais the offensive output they needed to contend in France’s NM-1 League.
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UB Mingoes men earn 10-1 win over Baha Juniors
THE University of The Bahamas men’s soccer team seemed as if it just could not stop scoring against Baha Juniors Football Club in Bahamas Football Association play on Sunday at the Roscow AL Davies field.
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Bahamas First in 18.5% motor claim increase
Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==
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Broker warns Feds: 'I'll plead the Fifth'
A Bahamian broker/dealer's principal has warned US federal regulators that their efforts to obtain evidence from him over two alleged multi-million dollar securities frauds will be futile, as his lips will be sealed.
