The inflation rate for the month August 2017 was 0.3%, following an upward movement of 0.6% in July 2017. The division which recorded the highest movement for the month was ‘Recreation and Culture’ with a 1.3% growth, while the index for ‘Food and Non-Alcoholic Beverages’ advanced by 0.6%. STATIN reported that the increase in ‘Recreation
Europe: The U.K.'s Economic Outlook Is Getting Rosier Bank of England officials aren’t the only ones feeling a bit more bullish about the U.K. economy. The Centre for Economics and Business Research upgraded its outlook for the nation’s economy Monday, citing a pickup in manufacturing and a view that the worst of the consumer-spending squeeze
The Blue Power Group held its annual General meeting on Friday September 15, 2017. The Group’s Managing Director, Major Noel Dawes, gave an analysis of the company’s performance over the last financial year and most recent quarter. Maj. Dawes noted that, “the financial year shows increased sales and improved profits. Overall sales for the twelve
AMG Packaging & Paper Company Limited (AMG) has advised that a connected party sold a total of 2,122,403 AMG shares and that a Director purchased 721,478 AMG shares. These transactions were conducted on September 8, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that an Executive sold a total of 38,934 SJ shares during the period September 12 to 14, 2017.
JMMB Group Limited (JMMBGL) has advised that a connected party sold 60,000 JMMBGL shares on September 14, 2017.
Revenue amounted to US$6.53 million, 5% less than the US$6.86 million recorded for the prior financial year. Cost of sales amounted to US$2.03 million relative to US$2.81 million recorded the previous year. This resulted in gross profit of US$4.51 million, a decline of 6% compared to the US$4.77 million reported in 2016. Total expenses
U.S.: U.S. industrial output, sapped by Harvey, falls for first time since January U.S. industrial output fell in August for the first time since January as Hurricane Harvey battered oil, gas and chemical plants along the Gulf Coast and a cool summer sapped utility demand in the east, the Federal Reserve said on Friday. Overall
Salada Foods Jamaica Limited (SALF) has advised that Mr. Andrew Kerr resigned from his post as Financial Controller effective September 29, 2017. Mrs. Elaine Tomlinson will assume the role, effective October 2, 2017.
Jamaica Stock Exchange (JSE) The JSE has advised that a connected party purchased 380,086 JSE shares on September 11, 2017.
