U.S.: U.S. job growth slows; unemployment rate drops to 4.3 percent U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labour market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent. Nonfarm payrolls increased 138,000
Sagicor Real Estate X Fund Limited (XFUND) has advised of an error in its 2016 Annual Report and has provided the following correction:- Page 8 – Statement of the Chairman and Chief Executive Officer - Paragraph 2, Last line (Line 10) to be amended to read as follows: “previous year of $1.297 billion.”
Eppley Limited (EPLY) has advised that a related party sold a total of 197,219 EPLY shares during the period May 24 to 29, 2017.
U.S.: U.S. Jobless Claims Remain Low Even With Biggest Rise in a Month U.S. jobless-benefit claims remain low despite an increase last week, with the labour market otherwise exhibiting signs of continued tightening, Labour Department data showed Thursday. HIGHLIGHTS OF JOBLESS CLAIMS (WEEK ENDED MAY 27) Initial filings increased by 13k to 248k (est. 238k)
Revenue amounted to $1.71 billion, an increase of 29% compared to the $1.33 billion booked in 2016. Cost of Sales increased $326.27 million to total $1.30 billion relative to $977.02 million in 2016, a 33% increase. As a result, Gross Profit grew by 17% or $60.50 million to total $410.73 million in 2017 compared to
LASF recorded a total of $1.02 billion in Trading Income; this represented a growth of 27% relative to the $805.75 million recorded in 2016. Other Income amounted to $46.96 million, a decline of 27% compared to $64.26 million in 2016, this resulted in overall income of $1.07 billion, a growth of 23% compared to $870
ISP Finance Services Limited (ISP) has advised that Mr. Diyal Fernando demits the position of Chief Financial Officer on May 31, 2017 to take up additional duties within the organization. ISP further advised that Mrs. Colleen Yearde Williams has been appointed Chief Financial Officer effective June 1, 2017 replacing Mr. Fernando.
Cable & Wireless Jamaica Limited (CWJ) has advised of the appointments of Mr. Stephen Price as Managing Director and Mrs. Ruchi Kaushal as a Director of CWJ, effective June 1, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased 980,873 SJ shares on May 30, 2017. SJ further advised that a related party and three Executives sold a total of 986,359 SJ shares during the period May 29 to 30, 2017.
NCB Financial Group Limited (NCBFG) has advised that a Senior Officer purchased 5,000 NCBFG shares on May 26, 2017.
