Latest Cayman Islands News

Binance mishandled funds and violated securities laws, according to SEC lawsuit

Jun. 05, 2023 13:11 PM EDT

WASHINGTON (AP) — The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC. Filed in the U.S. District...

Consolidated Water: Q1 Earnings Snapshot

May. 15, 2023 17:35 PM EDT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Consolidated Water Co. (CWCO) on Monday reported first-quarter profit of $3.8 million. The Grand Cayman, Cayman Islands-based company said it had profit of 24 cents per share. Earnings, adjusted to account...

Greenlight Capital Re: Q1 Earnings Snapshot

May. 09, 2023 18:18 PM EDT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Greenlight Capital Re Ltd. (GLRE) on Tuesday reported profit of $5.9 million in its first quarter. The Grand Cayman, Cayman Islands-based company said it had net income of 17 cents per share. ...

Fabrinet: Fiscal Q3 Earnings Snapshot

May. 08, 2023 17:38 PM EDT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Fabrinet (FN) on Monday reported fiscal third-quarter earnings of $59.4 million. The Grand Cayman, Cayman Islands-based company said it had profit of $1.60 per share. Earnings, adjusted for stock option...

Patria Investments: Q1 Earnings Snapshot

May. 04, 2023 10:13 AM EDT

GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Thursday reported profit of $19.4 million in its first quarter. On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had profit of 13 cents. Earnings,...