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Francis, Ferguson and Turnquest are victorious

Teenagers Joshua Turnquest and Shannon Francis, fresh off their appearances in the IC North American 16-and-under Junior Challenge, pulled off victories in three of the six scheduled matches played in the men’s qualifying round of the Giorgio Baldacci Battle of the Elite Players Tournament at the National Tennis Centre on Tuesday.

Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

BISX-listed firm’s $5m ‘recapitalise’ after SEC settles

A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.

Consumers reveal concerns to URCA

Utilities Regulation and Competition Authority (URCA) executives heard the concerns of Bahamian consumers at its recent New Providence town hall meeting.

Briefly

Funerals and last rites for Saturday, September 29 and Sunday, September 30.

Court 'quashes' Commission probe into BISX firm's broker

The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.

landfill agreement with bidder '85% complete'

ENVIRONMENT Minister Romauld Ferreira said the New Providence Sanitary Landfill’s investment and management contract between the government and the selected bidder is 80 to 85 percent completed.

St Paul's in 18-5 rout over Golden Gates to win the men's best-of-3 championship

GOLDEN Gates was looking for the hat trick in the Baptist Sports Council’s 2013 Coca-Cola Softball Classic on Saturday, but St Paul’s saved their best game for the last to spoil their much anticipated celebrations.

Shockers rout Marines 117-91 Giants down Rockets 100-88

THE Real Deal Shockers routed the Defence Force Marines 117-91 and the Commonwealth Bank Giants knocked off the Pyramid Food Rockets 100-88 on Wednesday night as the New Providence Basketball Association continued its regular season at the AF Adderley Gym. Here’s a summary of the double header:

Bahamian pro ball players standout in Europe, Middle East

BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.

Federation all set to host the AGM of Caribbean Basketball Confederation

THE Bahamas Basketball Federation and its partners are all geared up to host the Annual General meeting of the Caribbean Basketball Confederation at the Atlantis resort on Paradise Island this weekend.

Skippers celebrate victory

THE 54th annual Long Island Regatta came to a close on Saturday in Salt Pond, Long Island, with the New Legend, New Susan Chase and Sassi Sue all emerging as the divisional winners.

Major not concerned over commission upheaval

BAHAMAS Junkanoo Carnival Commission Chairman Paul Major yesterday said he was “not concerned” that the controversial resignation and subsequent reinstatement of two key commission members would have a negative effect on the commission’s work to promote Carnival.

Delighted with baseball in the curriculum

I was elated to read in the papers that baseball will be officially introduced into the curriculum for the GSSSA this fall. This has been a long time coming, and those responsible should be commended.

Island Luck names Board of directors

Playtech Systems, trading as Island Luck, has announced the appointment of its Board of Directors.

NPBA: Giants rout the Shockers 95-65, Regulators hold off Pros 93-90

THE Commonwealth Bank Giants, taking off from where they left before the Christmas break, was clicking on all cylinders as they routed the JD’s Seafood Shockers 95-65 at the AF Adderley Gymnasium on Saturday night.

Bridgewater leading scorer with 22.4 points per game

DOMNICK Bridgewater continues his dominant play in his second stint in France’s NM2 League.

NPBA: Giants and DDL in win column

THE defending champions Discount Distributors Liquors and runners-up Commonwealth Bank Giants both pulled off victories over the weekend to highlight the men’s division one play in the New Providence Basketball Association.

Bahamian companies wait two years for $1m fraud recovery pay

Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.

BTC TAKES 4G TO GRAND BAHAMA

The Bahamas Telecommunications Company (BTC) has introduced its fourth generation (4G) network on Grand Bahama via a soft launch. Coming almost a month ahead of schedule, it follows the official launch of the same technology in New Providence one week ea

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