U.S.: Fed's Williams Says 2.5% Funds Rate About the `New Normal' Federal Reserve Bank of San Francisco President John Williams said he expects “gradual rate increases” over the next couple of years, with one possibly as early as December. “The pace at which that happens and exactly the contour of that will depend on how
On July 24, 2017, Ansa Coating International Limited (ACI) purchased 100 per cent of shareholdings in Lewis Berger (Overseas Holdings) Limited (“LBOH Acquisition”). As a result of this acquisition, Ansa indirectly holds 109,332,222 ordinary shares in Berger Paints Jamaica Limited (BRG), which represents 51.01 per cent of the shares in issue. As the majority shareholder,
JMMB Group Limited (JMMBGL) has advised that a connected party sold 145,004 JMMBGL shares on September 18, 2017.
Pulse Investments Limited (PULS) has advised that the Company has engaged the services of NCB Capital Markets Limited to be Arranger and Broker in a bid to raise funds via a rights issue to complete current PULS projects. The rights issue is expected to be completed within the next 60 days.
Jamaica Producers Group Limited (JP) has advised that a connected party purchased 344,905 JP shares on September 19, 2017.
Radio Jamaica Limited (RJR) has advised that Chairman of Radio Jamaica Limited, J. A. Lester Spaulding, advised shareholders at the 69th Annual General Meeting of the Company of his intention to resign from that post later this year. Further information can be found via the following link: https://www.jamstockex.com/wp-content/uploads/2017/09/News-Release-RJRs-69th-Annual-General-Meeting.pdf
U.S.: U.S. Jobless Claims Decline as Harvey Impact Fades in Texas Applications for unemployment benefits in the U.S. unexpectedly declined last week as the Hurricane Harvey-related surge in Texas filings continued to reverse, Labor Department figures showed Thursday. HIGHLIGHTS OF JOBLESS CLAIMS (WEEK ENDED SEPT. 16) Jobless claims declined by 23k to 259k (est. 302k)
Access Financial Services Limited (AFS) has advised that a Director purchased 620 AFS shares on September 14, 2017.
Scotia Group Jamaica Limited (SGJ) has advised that four Officers sold a total of 159,743 SGJ shares on September 15, 2017 under the Employee Share Ownership Plan (ESOP).
Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled for October 19, 2017 a dividend payment will be considered.
