January 26, 2018 According to the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) has increased at an annual rate of 2.6% in the fourth quarter of 2017, a reduction from the previous third quarter of 3.2% in 2017. Components that positively contributed to this 2.6% growth rate are personal consumption expenditure (PCE),
January 26, 2018 At NCBFG’s first investor briefing for the 2018 financial year, NCBFG’s President and Group Chief Executive Officer, Mr. Patrick Hilton, briefly outlined their strategic outlook for 2018. NCBFG’s Group Chief Financial Officer and Deputy Chief Executive Officer, Mr. Dennis Cohen gave a brief review of the Group’s record performance in 2017, the
January 26, 2018 National Commercial Bank of Jamaica Limited (NCBJ), for the quarter ended December 31, 2017 reported an increase in Net Interest Income of 4.80%, relative to the corresponding period in 2016, to total $7.55 billion (2016: $7.20 billion). Interest income rose 10.31% year over year to $11.27 billion compared to $10.22 billion in 2016,
January 26, 2018. United States: Markets Are About to Get Ugly According to These Charts Optimism has peaked, according to two widely followed measures of U.S. economic sentiment. If history is any guide, bouts of equity volatility and plunging Treasury yields will soon follow. The U.S. Citi Economic Surprise index -- the rate at which
January 25, 2018 Jamaica Broilers Group Limited (JBG) has advised that a director sold 750,000 JBG shares on January 18, 2018.
January 25, 2018 The statistical office of Europe (Eurostat) on 25 Jan 2018 has reported that eleven member state has already achieved their 20/20 target, regarding the portion of their energy consumption that derives from renewables. For 2016, the portion of energy consumption that was sourced from renewable alternative reached 17% of gross final consumption
January 25, 2018 JMMB Group Limited (JMMBGL) has advised that the Company intends to make an offer in February 2018, of Cumulative Redeemable Preference Shares. The offer for those preference shares will solely be made in Jamaica, and the distribution of the Prospectus shall only take place in Jamaica.
Date: January 25, 2018 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2017 recorded trading income of $1.09 billion; this represented a growth of 37% when compared to $794.46 million posted in 2016, while trading income for the quarter amounted to $407.48 million (2016: $288.25 million). according to LASF, “This is
Date: January 25, 2018 Please click below to view the notice of extension of the closing date to the minority shareholders of Cable & Wireless Jamaica Limited. Notice-of-Extension
January 25, 2018. United States: U.S. Heads for 3% Growth Trifecta on Spending, Investment Punch The U.S. economy probably ended last year with the longest stretch of 3 percent-or-better growth since 2005. The $17 trillion question is, can it keep up this performance this late in the business cycle?Solid consumer spending, accelerating business investment and a housing rebound
