Date: December 27, 2018: United States: U.S. Futures Slump Back, Denting Epic Stock Rally: Markets Wrap The biggest one-day rally in American equities since 2009 faded into memory as U.S. stock-index futures tumbled alongside European shares on Thursday. Treasuries climbed, as oil and the dollar gave up some of the previous session’s advances. Contracts on
December 27, 2018 Caribbean Cement Company Limited (CCC) has disclosed that on Friday December 21, 2018, CCC took the decision to partially redeem preference shares held by Trinidad Cement Limited (TCL) which were issued in 2010 by CCC. In particular, CCC redeemed 3,928,603 preference shares out of the 15,000,000 total preference shares CCC had issued to
December 27, 2018 Supreme Ventures Limited (SVL) has advised that Supreme Ventures Guyana Holdings/Supreme Ventures Enterprise successfully launched its operations with the opening of its Super Store on Croal Street, Georgetown, Guyana. SVL also advised that the operations include horse-racing and simulcast promotion, as well as pari-mutuel pool operations. Patrons were able to successfully see
December 24, 2018 Main Event Entertainment Group Limited (MEEG) has advised that at a Board of Directors’ meeting scheduled for January 16, 2019 a dividend payment will be considered.
December 24, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer purchased 324,625 SJ shares and that a connected party and two Senior Officers sold a total 367,503 SJ shares. These transactions were conducted during the period December 14 to 17, 2018.
December 24, 2018 Kingston Wharves Limited (KW) has advised that a Director and three Senior Officers purchased a total of 127,211 KW shares and that a connected party sold 127,211 KW shares. These transactions were conducted on December 21, 2018.
December 24, 2018 Barita Investments Limited (BIL) has advised that the Board of Directors’ has taken the decision to withdraw its Notice of a Rights Issue to Barita Shareholders, dated December 14, 2018. BIL further advised that an Extraordinary General Meeting of its Ordinary Shareholders will be convened on Thursday, January 17, 2019, at the
December 24, 2018 138 Student Living Limited (138SL) has advised that in accordance with the Terms of Issue of the Cumulative Redeemable Floating Rate Preference Shares 2044 as detailed in Schedule 11 of the Prospectus which was issued on 18th December 2014, the board resolves that the dividend accumulating since date of Issue and continuing
Date: December 24, 2018 Barita Invested Limited’s (BIL) interest income declined 10% to $1.02 billion relative to $1.13 billion for the previous year. Interest expense declined at a faster rate by 29% to close at $598.18 million compared to $847.44 million in 2017. As a result, net interest income for the year increased by 47%
Date: December 24, 2018 Jamaican Teas Limited (JAMT) reported a 14% increase in revenues to total $1.77 billion (2017: $1.55 billion). For the quarter, revenues amounted to $422.12 million (2017: $357.64 million). JAMT highlighted that, “the Company’s focus on driving revenues in our core business resulted in fourth quarter revenues from our manufacturing operations growing
