Date: June 28, 2018 United States: Powell Wants ‘Real Economy’ to Guide Fed Federal Reserve Chairman Jerome Powell is testing the economy’s room to run. It’s a strategy that contains both big benefits and risks for ordinary Americans and is causing excitement, tinged with caution, inside the central bank. Take Fed treatment of one of its
June 27, 2018 Jamaica Producers Group Limited (JP) has advised that a connected party purchased 300,000 JP shares on June 26, 2018.
Date: June 27, 2018 United States: S&P Affirms U.S. Rating, Expects Last-Minute Debt Fixes to Continue S&P Global Ratings affirmed the U.S.’s sovereign credit score at AA+, the assessor’s second-highest grade, citing the country’s “diversified and resilient economy” while noting the impact of ongoing political wrangling on public finances. S&P kept a stable outlook on the
Date: June 26, 2018 Key Insurance Company Limited (KEY) held its 2nd Annual General Meeting today at the Spanish Court Hotel. Opening remarks were made by Chairman, Mrs. Natalia Gobin-Gunter, where she reported on the positive performance of the Company for the year ended December 31, 2017. She highlighted the Company boasted revenues of $1.4
June 26, 2018 GWEST Corporation Limited (GWEST) has advised that Miss Camille Adrians has resigned from the position of Chief Accountant effective June 2018 to pursue personal interests external to the Company. GWEST further advised that Miss Karen Christie-Harris has been appointed to the position of Chief Accountant effective June 2018.
June 26, 2018 Jetcon Corporation Limited (JETCON) has advised that on June 20, 2018, a Director purchased 601,607 JETCON shares and a connected party sold 601,607 JETCON shares.
June 26, 2018 Honey Bun 1982 Limited (HONBUN) has advised that the dividend declaration published in May, 2018 was incorrect. The amended declaration is as follows: “At a meeting held on May 28, 2018, the Board of Directors declared an interim dividend of two Jamaican cents ($0.02) per share. The dividend is payable on June
June 26, 2018 According to one of the latest report published by Eurostat, the statistical office of the European Union, “Significant differences can be observed across the European Union (EU) regarding the sector in which government debt is held. Among Member States for which data are available, the share of public debt held by non-residents
June 26, 2018 It is the intention to list Mayberry Jamaica Equities (MJE) on the Jamaica Stock Exchange (JSE) in short order. Going forward, keep a close eye on this space as we will be giving daily updates with regards to the movement on the Net Asset Value of MJE. Please see the below graph
June 26, 2018 United States: Trade Tensions Rattle U.S. Stocks, Dollar Weakens: Markets Wrap Escalating trade tensions sent U.S. stocks to the steepest drop since early April, as President Donald Trump’s threats of more protectionism against major partners were met with Chinese and European vows of retaliation. The S&P 500 Index fell 1.4 percent, though
