Europe: Drop in German trade activity feeds into global stimulus debate German trade activity slowed abruptly in June, adding to signs that demand in leading economies may be starting to flag just as central banks consider scaling back years of stimulus. Exports from Europe's biggest economy fell by 2.8 percent, the biggest drop since August
NCBCM received a total of 388 applications valued at approximately J$2,580,000,000. The Company’s Prospectus offered J$ Preference Shares valued at J$2,580,000,000. Based on the foregoing the Offer was fully subscribed as such, each applicant will receive full allocation.
NCB Capital Markets Limited (NCBCM) NCBCM, co-arranger and lead broker to Productive Business Solution Limited (“PBS”) (the “Company”) in its recent invitation to the public made subject to a prospectus dated June 22, 2017 (the “Invitation” and the “Prospectus” as the case may be), to subscribe for J$ Preference Shares of the Company (the “Shares”),
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Audrey Tugwell Henry has been appointed to the position of Executive Vice President, Retail Banking effective September 4, 2017.
Jamaica Stock Exchange (JSE) The JSE has advised that it is exploring the Blockchain technology. To facilitate the exploration process, the JSE has entered into a non-binding Memorandum of Understanding with Veritaseum Limited Liability Corporation.
Barita Investments Limited (BIL) has advised that an offer has been made to acquire majority shareholdings in the Company. BIL further advised that the offer is under consideration by the Board of Directors of the Company and discussions continue, pending the preparation and conclusion of definitive agreements.
U.S.: U.S. payrolls increase more than expected, wages rise U.S. employers hired more workers than expected in July and raised their wages, signs of labour market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio. The Labour Department said that nonfarm
PJAM has also advised that a set of Secured Variable Notes totaling $1.15 Billion, which matured on July 23, 2017, has been fully paid.
NCB Financial Group Limited (NCBFG) has advised that Mrs. Audrey Tugwell Henry, Senior General Manager, Retail Banking Division of National Commercial Bank Jamaica Limited, has tendered her resignation effective August 31, 2017, to pursue opportunities elsewhere.
Express Catering Limited (ECL) has declared an interim dividend of USD0.000917 per share payable on October 4, 2017 to shareholders on record as at August 18, 2017. The ex-dividend date is August 16, 2017.
