June 1, 2018 Victoria Mutual Investments Limited (VMIL) has advised that a Senior Manager and two connected parties sold a total of 1,755,664 VMIL shares on May 28, 2018.
June 1, 2018 Sagicor Group Jamaica Limited (SJ) has advised that six connected parties sold a total of 328,550 SJ shares and two connected parties purchased a total of 53,357 SJ shares. These transactions were conducted during the period May 24 to 30, 2018.
June 1, 2018 Kingston Wharves Limited (KW) has advised that a Director and a connected party sold a total of 336,019 KW shares during the period May 25 to 31, 2018.
June 1, 2018 Express Catering Limited (ECL) has advised that the meeting of Directors to consider an interim dividend payment on Thursday May 31, 2018, has been rescheduled to June 1, 2018.
Date: June 1, 2018 General Accident Insurance Company Limited (GENAC) Annual Meeting was held today June 1, 2018. For the financial year in review, the Company had a disappointing year closing with an underwriting loss in for the first time in recent years. Despite the underwriting performance, Gross premium moved up from $5.65 billion in
June 1, 2018 Radio Jamaica Limited (RJR) for the year ended March 31, 2018 recorded revenues of $5.05 billion, 4% lower than the$5.23 billion booked for the prior year. The quarter had a 3% decrease to $1.17 billion (2017: $1.20 million). Direct Expenses fell by 2% to $2.51 billion relative to $2.56 million for the
June 1, 2018 Jamaica Broilers Group Limited (JBGL) has advised that the Company has entered into an Agreement prior to the 28thday of April, 2018 to lend to JBGL Stockholders Nominee Limited (“the Shareholder Trust”) a sum not exceeding J$4.35B. A portion of the loan was used to purchase a total of 165,452,446 shares. This
June 1, 2018 United States: Fed’s Brainard Says Gradual Rate Hikes Remain ‘Appropriate Path’ A strong fiscal boost to the U.S. economy at a time of low unemployment suggests a gradual pace of interest-rate increases remains “the appropriate path” to prevent growth from overheating, Federal Reserve Governor Lael Brainard said. “Continued gradual increases in the
Brent Oil Brent oil prices decreased by 1.86 % or US$1.47, as prices fell this week. Oil traded on May 31, 2018 at a price of $77.72 per barrel relative to US$79.19 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.25% (JMD$0.33).
Date: May 31, 2018 Iron Rock’s (ROC) Annual General Meeting was held today May 31, 2018, hosted by Managing Director, Mr. Evan Thwaites. Mr. Thwaites initiated the proceedings with the director’s report. Subsequent to the report, a review of the financial year 2017 was presented. From the Director’s Report it was highlighted that gross written
