Sterling Investments Limited (SIL) has advised that a Director purchased 41,695 SIL shares and that three connected parties purchased a total 6,824 SIL shares. These transactions were conducted on October 9, 2017 under the company’s Dividend Reinvestment Programme (DRIP).
Sagicor Group Jamaica Limited (SJ) has advised that a senior officer purchased 300,991 SJ shares and that a related party sold 300,991 SJ shares. These transactions were conducted on October 18, 2017.
Jamaica Broilers Group Limited (JBG) has advised that a Director and senior manager sold a total of 1,233,970 JBG shares on October 12, 2017.
U.S.: Low pay, no bonus: U.S. retailers struggle with hiring U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. Retailers including Macy’s Inc and J.C. Penney have
Berger Paints Jamaica Limited (BRG) has confirmed that the Take-over Bid Offer by ANSA Coatings International Limited (ANSA) which opened on September 7, 2017 for the remaining shares representing 48.99% or 104,990,171 BRG shares, closed on October 9, 2017. ANSA has taken up and purchased 6,667,570 shares representing 6.35% of the 104,990,171 shares held by
Caribbean Cement Company Limited (CCC) has advised that Alejandro Vares has resigned as Director from the Boards of CCC and its sudsidiaries effective October 5, 2017. CCC further advised that Mr. Vares’ resignation was not due to any disagreement in respect of accounting principles or practices or financial statement disclosure or any material issue impacting
Lasco Distributors Limited (LASD) has advised that a Senior Manager sold 40,000 LASD shares on October 6, 2017.
Caribbean Producer Jamaica Limited (CPJ) has advised that a connected party purchased 183,400 CPJ shares during the period October 13 to 18, 2017.
Margaritaville (Turks) Limited (MTL) For the three months ended August 31, 2017 Revenues increased by 15% for the period to US$1.86 million (Q1 2017: US$1.61 million). The company commented that “the location recorded increased ship calls and passenger counts during the quarter compared to the same period in the prior year.” Cost of sales (COS)
U.S.: U.S. jobless claims drop to more than 44-year low The number of Americans filing for unemployment benefits fell to its lowest level in more than 44 years last week, pointing to a rebound in job growth after a hurricane-related decline in employment in September. Initial claims for state unemployment benefits dropped 22,000 to a
