Note: Any reference to ratings and its underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.

December 16, 2013 (Zacks.com)–Buckeye Partners L.P.’s earnings per unit in third-quarter 2013 lagged the Zacks Consensus Estimate, while revenues beat the same. On a year-over-year basis, the partnership’s bottom line was diluted due to issue of new units and higher total costs and expenses.

Quarterly revenues improved from the prior-year level mainly on the back of higher contribution from Pipeline & Terminal, Energy Services and International Operations. The partnership’s Perth Amboy terminal project and Chicago storage facility secured lucrative long-term contracts.

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This is an excerpt from Zacks/NASDAQ.com as it appeared on December 17, 2013. For updates or to read the current version of this post in its entirety, please click here.

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Pictured: Speaker Michael Sakala, senior manager for Ernst Young’s Global Financial Services Advisory practice. (Photo courtesy BFSB)

The Bahamas Financial Services Board (BFSB), in collaboration with the Ministry of Financial Services, the Securities Commission of The Bahamas (SCB), and corporate sponsor Ernst Young (EY) will host a half-day seminar on the European Union’s Alternative Investment Fund Managers Directive (AIFMD) January 13, 2014.

The event will be held at the British Colonial Hilton Hotel in downtown Nassau, starting at 10:00 am.

AIFMD entered into force on July 22, 2013 and regulates EU fund managers that manage alternative investment funds (AIFs), as well as fund managers (wherever they are based) that manage AIFs established in the EU and those fund managers (wherever they are based) that market the units or shares of an AIF in the EU.

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FREDERICK, Md., Dec. 16, 2013 /PRNewswire/ — BioElectronics Corporation (OTC Pink: BIEL), the maker of advanced consumer medical devices, announced today that it has launched a major public relations campaign to promote the ActiPatch® Pain Therapy brand worldwide and has signed four new distributors in the UK, Africa, Guatemala and The Bahamas.

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Early indications are that domestic economic conditions were relatively subdued in October, amid a lacklustre tourism performance, although foreign investment-led construction activity continued to secure a modest growth outcome. Price developments were relatively benign, as average domestic energy costs decreased over the review month. On the fiscal side, the overall deficit narrowed during the first quarter of FY2013/14, owing to a combination of higher revenue collections and reduced expenditure. In the monetary sector, both bank liquidity and external reserves expanded, primarily reflecting Government’s external borrowing activities.

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Bridgetown, Barbados–The Caribbean Export Development Agency (Caribbean Export) in collaboration with the government of Barbados convened a meeting on the financial services sector in CARIFORUM at the Radisson Hotel, Barbados on December 9, 2013.

The meeting of Ministers with responsibility for financial services and key industry professionals was assembled to develop the strategic direction relating to the continued development of the industry, to develop recommendations relating to the governance structure of the regional initiative, and to determine the strategic engagement of the overseas countries and territories in the overall process.

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Nassau, Bahamas (PRWEB) December 11, 2013 — HG Christie Ltd. (HGC), the oldest full-service real estate brokerage in The Bahamas has once again been recognized as ‘Best Real Estate Agency for The Bahamas’, in the esteemed 2013 International Property Awards for the Americas competition.

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Travel has recently become the world’s largest industry, exceeding a trillion-dollar annual footprint. This means that travelers have real power. Where we choose to put our footprints has real economic and political significance. Ethical Traveler believes that mindful travel offers many rewards, both personal and global. By “voting with our wings” — choosing our destinations well and remembering our roles as citizen diplomats — we create international goodwill and help change the world for the better.

Every year, Ethical Traveler reviews the policies and practices of scores of nations in the developing world. We then select the ten that are doing the most impressive job of promoting human rights, preserving their environments, and supporting social welfare – all while creating a lively, community-based tourism industry. By visiting these countries, we use our economic leverage as travelers to support best practices.

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This is an excerpt from Ethical Traveler as it appeared on December 11, 2013. For updates or to read the current version of this post in its entirety, please click here.

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The Bahamas International Securities Exchange (BISX) has announced that the FG Financial Fund Limited SAC, Class D, Global USD Bond Fund (the “Global USD Bond Fund’) has been added to the roster of funds listed on the Exchange. The Global USD Bond Fund is a mutual fund of FG Financial Fund Limited SAC (FG Financial Fund).

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Baha Mar has named Bahamian artist John Cox as the creative arts director for the $3.5-billion luxury resort on Cable Beach, The Bahamas.

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