Trade Sheet: Tuesday October 29, 2019
Rochelle Muncey 2019-10-29T19:28:46-05:00
October 29, 2019 The leading contributors to the uptick in U.S. economic growth in the second quarter of 2019 were professional, scientific, and technical services; real estate and rental and leasing; and mining. According to The U.S. Bureau of Economic Analysis (BEA), “14 of 22 industry groups contributed to the 2.0% increase in real GDP
October 29, 2019 United States: America’s Middle Class Is Addicted to a New Kind of Credit “The payday-loan business was in decline. Regulators were circling, storefronts were vanishing and investors were abandoning the industry’s biggest companies en masse. And yet today, just a few years later, many of the same subprime lenders that specialized in the debt are
October 28, 2019 United States: Fed, Consumers Turn a Deaf Ear to Wall Street’s Recession Siren “Federal Reserve Chairman Jerome Powell’s disagreement with Wall Street over recession risks is backed up by data showing that much of the talk is concentrated in a few industries with big megaphones -- manufacturing and banking. Powell has repeatedly said that
October 25, 2019 Mr. Clifton Cameron, Chairman, at the ISP Finance Services Limited Annual General Meeting, highlighted that the 2018 financial year was another successful year. According to Mr. Clifton Cameron the company’s portfolio growth was achieved by “aggressively diversifying its product offerings and creating new revenue streams.” Furthermore, Mr. Cameron, stated that, “the company
October 25, 2019 MPC Caribbean Clean Energy Limited (MPCCEL) – Renounceable Rights Issue MPC Caribbean Clean Energy Limited hereby advises the public that the Company intends to pursue a renounceable rights issue (the “Rights Issue”) in respect of its Class B shares in Jamaica and in Trinidad and Tobago. The Record Date for the Rights
October 25, 2019 Kingston Properties Limited (KPREIT) – Renounceable Rights Issue Further to its notice published on August 5, 2019, Kingston Properties Limited hereby advises the public that the Record Date for its intended renounceable rights issue (the "Rights Issue") will be November 8, 2019. The Company is seeking to raise approximately J$2 billion by
October 25, 2019 United States: Fed Seen Cutting Rates Next Week and Then Hitting Pause Button “Federal Reserve officials will signal they’re likely to take a break from cutting interest rates after lowering them again next week, according to a majority of economists surveyed by Bloomberg. In an Oct. 21-24 poll of 40 economists, 85% said they