Date: December 10, 2018 United States: Federal Reserve Officials Search for the Elusive ‘Neutral’ Interest Rate The word “neutral” is usually as boring as beige. But not when it’s coupled with “interest rate.” Stocks leaped on Nov. 28 when Federal Reserve Chairman Jerome Powell opined that short-term interest rates were just below their “neutral” range.
Date: December 7, 2018 Please see attached news release from GK, which is also embedded below for your convenience. Grace Foods USA to Consolidate with Majesty Foods Factory for Joint Venture [MIAMI, FLORIDA - DECEMBER 6, 2018] Grace Foods (USA), Inc. (Grace Foods), a company owned by GraceKennedy Limited (GKL), a publicly traded Jamaican corporation
December 07, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: December 6, 2018 Blue Power Group Limited (BPOW), for the six months ended October 31, 2018 booked a 13% increase in revenue to total $862.31 million compared to $761.19 million for the corresponding period in 2017. Sales from the Lumber division climbed to $591.91 million, 9% higher than $544.35 million, while sales in the Soap
December 06, 2018 Supreme Ventures Limited (SVL) has advised of the appointment of Mr. Duncan Stewart as a Director of the Company effective December 1, 2018.
December 06, 2018 Scotia Group Jamaica Limited (SGJ) has declared a final dividend of 51 cents per stock unit payable on January 18, 2019 to stockholders on record as at December 27, 2018. The ex-dividend date is December 24, 2018.
December 06, 2018 Elite Diagnostic Limited (ELITE) has advised that a Director purchased 44,123 ELITE shares on November 23, 2018.
December 06, 2018 PanJam Investment Limited (PJAM) has advised that a Director purchased 15,000 PJAM shares on November 30, 2018.
December 06, 2018 Victoria Mutual Investments Limited (VMIL) has announced the following organisational structure changes to its wholly-owned subsidiary Victoria Mutual Wealth Management Limited (VMWM) effective January 1, 2019: Devon Barrett – Victoria Mutual Group Chief Investment Officer (CIO) and CEO and Managing Director of VMIL and VMWM, will have dedicated focus on his Group
December 06, 2018 Mayberry Investments Limited (MIL) has advised that the Company has transferred 5% (60,057,464) of the issued stock units in Mayberry Jamaican Equities Limited (MJE) to Mayberry Asset Management Limited for the establishment of an Executive & Staff Incentive Plan. This transfer reduces MIL’s holding in MJE from 80% to 75%. MIL further
