Latest Cayman Islands News
Tropical Storm Rafael near hurricane intensity as it barrels toward Cuba and Cayman Islands
SAN JUAN, Puerto Rico (AP) — Tropical Storm Rafael strengthened to near hurricane intensity Tuesday night, as it barreled toward the Cayman Islands and Cuba, where it was forecast to hit as a hurricane. The storm was located 25 miles (45 kilometers) southeast of Little Cayman in...
Patria Investments: Q3 Earnings Snapshot
CAMANA BAY, Cayman Islands (AP) — CAMANA BAY, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Tuesday reported profit of $1.5 million in its third quarter. On a per-share basis, the Camana Bay, Cayman Islands-based company said it had profit of 1 cent. Earnings, adjusted...
Tropical Storm Rafael forms in the Caribbean and could hit Cuba as a hurricane
SAN JUAN, Puerto Rico (AP) — Tropical Storm Rafael formed Monday in the Caribbean and will bring heavy rain to Jamaica and the Cayman Islands before strengthening into a hurricane and likely hitting Cuba, forecasters said. Later in the week it also is expected to bring heavy...
Greenlight Capital Re: Q3 Earnings Snapshot
GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Greenlight Capital Re Ltd. (GLRE) on Monday reported profit of $35.2 million in its third quarter. On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had net income of $1.01. ...
Fabrinet: Fiscal Q1 Earnings Snapshot
GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Fabrinet (FN) on Monday reported fiscal first-quarter earnings of $77.4 million. The Grand Cayman, Cayman Islands-based company said it had net income of $2.13 per share. Earnings, adjusted for stock option...
Cayman Islands to ask voters whether to ease marijuana laws
SAN JUAN, Puerto Rico (AP) — The Cayman Islands plans to hold a referendum on whether to turn possession of small amounts of marijuana into a minor offense. Tourism Minister Kenneth Bryan said there is widespread support among legislators to hold a public vote, which he announced...
Tropical Storm Helene is expected to become a hurricane. Florida residents begin evacuating
Tropical Storm Helene formed Tuesday in the Caribbean Sea and could strengthen into a major hurricane while moving north toward the U.S., forecasters said. Heavy rains and big waves already lashed the Cayman Islands, and some Florida residents began to evacuate or fill sandbags ahead of anticipated...
Southeast US under major storm warning as hurricane watch issued for parts of Cuba and Mexico
SAN JUAN, Puerto Rico (AP) — Hurricane watches were issued for parts of Cuba and Mexico on Monday as a cluster of storms south of the Cayman Islands was expected to strengthen into a major hurricane while moving north toward the U.S., forecasters said. The disturbance is forecast...
Fabrinet: Fiscal Q4 Earnings Snapshot
GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Fabrinet (FN) on Monday reported fiscal fourth-quarter profit of $81.1 million. The Grand Cayman, Cayman Islands-based company said it had net income of $2.22 per share. Earnings, adjusted for stock option...
