U.S.: Falling U.S. Jobless Claims Add to Signs of Labour Tightness The U.S. labour market continues to show signs of tightening, with unemployment claims declining for the third straight week and benefit rolls matching the lowest level since 1973, Labor Department data showed Thursday. Highlights of Jobless Claims (Week Ended May 13) • Initial benefit
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased 5,000 CPJ shares on May 10, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that an Executive and a related party purchased a total of 593,935 SJ shares on May 15, 2017. SJ further advised that an Executive and a related party sold 83,500 SJ shares on May 15, 2017. These transactions were conducted under the SJ Executive Long Term Incentive Scheme.
Europe: Euro zone expands trade surplus despite protectionist calls The euro zone increased its trade surplus with the rest of the world in March with both exports and imports rising markedly, in a sign that global commerce has so far not been hampered by protectionist calls. The European Union statistics office Eurostat said on Tuesday
Mr Sinclair began the proceedings by welcoming us to this the 9th annual general meeting. He stated that “ KPREIT has now developed into a real estate investment trust with properties in Jamaica, United States and Cayman Islands.” Mr. Sinclair highlighted main performance indicators during the year such as the stock appreciation which increased by
For the first quarter ended March 31, 2017, Cable & Wireless Jamaica Limited (CWJ) reported revenue for increased by 10% to $6.38 billion relative to $5.81 billion in 2016. The CEO, Garfield Sinclair, attributed the increase to, “a 17% increase in Mobile revenues.” Additionally, he states that “This growth in our mobile business both in
Dolphin Cove Limited (DCOVE) reported total revenues of US$4.29 million, a 3% increase when compared to the US$4.15 million booked the year prior. Revenue from Dolphin Attraction contributed US$2.423 million to Total Revenue; this represents a 0.1% decline when compared to the US$2.421 million reported in 2016. Revenues from the Ancillary Services totaled US$1.86 million,
First three months ended March 31, 2017 results Key Insurance Company Limited (KEY), reported a 61% increase in net premiums written from $123.35 million to $199.17 million. This was as a result of a 49% increase in gross premiums written from $198.58 million to $295.93 billion. Reinsurance cede for the first quarter increased 29% to
Jamaica Public Service Company Limited (JPS) has advised that Kelly Tomblin’s contract as President & CEO will conclude in July 2017.
General Accident Insurance Company Jamaica Limited (GENAC) has advised that Dr. Ralph Thompson has resigned as a Mentor and from the Board of Directors effective April 30, 2017.
