December 9, 2019 United States: U.S. Wage Growth Eclipses Mortgage Rate for First Time Since 1972 “The U.S. economy reached an important milestone in October that ought to put it on a more sustainable footing going forward: wage growth eclipsed mortgage rates for the first time since 1972. Average hourly earnings for production and nonsupervisory
December 5, 2019 Kingston Wharves Limited (KW) has advised of the appointment of Grantley Stephenson as Deputy Chairman of the Company, as he retires from duties as Chief Executive Officer. Incumbent Chief Operating Officer, Mark Williams, has been appointed to the role of Chief Executive Officer. KW has further advised that both appointments will take
December 5, 2019 Scotia Group Jamaica Limited (SGJ) has advised that the Board of Directors of the Company, passed the following resolution on December 4, 2019: “Be it resolved that a final dividend of $0.55 be paid on each stock unit of the Company to stockholders on record as at the close of
December 5, 2019 Seprod Limited (SEP) has advised that at a Board of Directors’ meeting scheduled to be held on December 16, 2019, a dividend payment will be considered. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You
December 5, 2019 Blue Power Group Limited (BPOW) has advised that the Jamaica Customs has notified the Company that, based on a ruling from the World Customs Organization, bath and laundry soaps produced by the Company from palm-oil based noodles do not meet Community Origin requirements and are, therefore, ineligible to receive preferential treatment under
December 5, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that effective November 1, 2019, Mr. Anthony Dunn has assumed the position of Chief Operations Officer. The Company has also advised that it intends to change its name from SSLVC to Boost Ventures. Company Disclosure -The information contained herein has been obtained from sources
December 5, 2019 Lasco Financial Services Limited (LASF) has advised that a Senior Manager sold 32,922 LASF shares on November 25, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or
December 6, 2019 United States: Trump, Pelosi Both See Benefits in Swift House Impeachment “Speaker Nancy Pelosi has set her party in motion on a rapid path to the impeachment of Donald Trump, a timetable that fits with both her political imperatives and those of the president. Judiciary Committee Democrats will be working through the
