U.S.:Fed’s Mester Says She’s ‘Comfortable’ With Rates Moving HigherFederal Reserve Bank of Cleveland President Loretta Mester said she would be “comfortable” with the central bank raising interest rates now as inflation pressures pick up. While the Fed isn’t “behind the curve” on interest rates yet, delaying policy tightening will create risks, Mester said in reply
Sagicor Group Jamaica Limited (SJ): Mrs. Janice Grant Taffe and Mr. Karl Williams have been promoted to Senior Vice President, General Counsel & Corporate Secretary and Senior Vice President, Group Human Resources & Corporate Services respectively effective January 1, 2017.
Honey Bun (1982) Limited (HONBUN): A director sold 821 HONBUN shares on February 17, 2017.
JMMB Group Limited (JMMBGL): A connected party sold 85,395 JMMBGL shares on February 15, 2017
GraceKennedy Limited: At a Board of Directors’ meeting scheduled for Tuesday, February 28, 2017 an interim dividend payment will be considered.
U.S.:Stock futures dip as Wall Street rally loses momentumU.S. stock index futures fell for the second straight day on Friday, after a record-setting few days on Wall Street, as investors await clarity on economic policy and ahead of a long weekend. The S&P 500 has rise about 5 percent so far in 2017, with the
Derrimon Trading Company Limited (DTL) On January 17, 2017 Derrimon Trading Company Limited (“Derrimon”) announced that it would make a tender offer (the “Offer”) to purchase all the stock units in Caribbean Flavours and Fragrances Limited (“CFF”) not already held by Derrimon at a price of J$ 4.50 plus interest. The Offer was made by
Honey Bun (1982) Limited (HONBUN) Director sold 12,000 HONBUN shares on February 15, 2017.
U.S.:Fischer Echoes Yellen Seeing Economy on Fed's Rate Hike PathFederal Reserve Vice Chairman Stanley Fischer said the central bank is nearing its dual goals and seems to be headed for its anticipated monetary policy path, which officials’ December projections put at three increases this year. “I don’t want to give you numbers on two or
Derrimon Trading Company Limited Results of Offer to Purchase Stock Units in Caribbean Flavours and Fragrances Limited.
