U.S.:U.S. consumer purchases climbed in December by the most in three months as incomes picked up, signalling a steady handoff into 2017.The 0.5 percent advance in consumption, which accounts for about 70 percent of the economy, followed a 0.2 percent advance in the prior month, a Commerce Department report showed Monday. The December increase matched
Main Event Entertainment Group Limited Preliminary Basis of AllotmentMayberry Investments Limited (MIL) has advised that MIL is in the process of completing their in house reconciliation of all applications in respect of the Main Event Entertainment Group Limited Initial Public Offering and that the indicative basis of allotment will be as follows:Mayberry Client Reserved Shares:
National Commercial Bank (NCBJ) has submitted its unaudited financial statements for the first quarter ended December 31, 2016.
Proven Investments Limited (PROVEN) has advised that its Invitation for Subscription subject to a prospectus dated December 8, 2016 in respect of Tranche B of 184,481,960 8.25% Cumulative Redeemable JMD Preference shares at the price of J$5.00 per share closed at approximately 4:00 p.m. on Thursday, January 26, 2017 ahead of its scheduled February 3,
JMMB Group Limited (JMMBGL) has advised that a connected party sold 12,000 JMMBGL shares on January 24, 2017.
Access Financial Services Limited (AFS) has declared an interim dividend of $0.15 per share payable on February 24, 2017 to shareholders on record as at February 10, 2017. The ex-dividend date is February 8, 2017.
National Commercial Bank Jamaica Limited (NCBJ) has declared an interim dividend of $0.60 per share payable on February 24, 2017 to shareholders on record as at February 10, 2017. The ex-dividend date is February 8, 2017.
PROVEN has advised that at a Board of Directors` meeting scheduled for February 9, 2017, an interim dividend payment will be considered for both its ordinary and preference shareholders
U.S.:Weak exports may crimp U.S. fourth-quarter economic growthU.S. economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but a healthy increase in consumer spending and rising business investment should underscore the economy's underlying momentum. Gross domestic product probably increased at a 2.2 percent annual rate after
Scotia Group Jamaica Limited (SGJ) has advised that effective February 1, 2017: (a) Mr. Dayne Bucknor has been appointed to the position of District Vice President, Metro North and (b) Dr. Adrian Stokes has been appointed to the position of President, Scotia Jamaica Life Insurance Company Limited.
