On August 03, 2017, Barita Investments Limited (BIL) advised the public that the Company has received an offer to acquire majority shareholdings in the Company. Barita Investments Limited (BIL), a limited liability company, is licensed as a security dealer and has primary dealer status from the Bank of Jamaica (BOJ). Licensed under the Securities Act,
U.S.: U.S. payrolls increase more than expected, wages rise U.S. employers hired more workers than expected in July and raised their wages, signs of labour market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio. The Labour Department said that nonfarm
Please click below to view today’s Daily Market Summary. Daily Market Summary 03.08.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information
Brent Oil Brent oil prices increased by 2.73%, as prices increased for the fifth consecutive week. Oil traded on August 2, 2017 at a price of 52.36 (US$/ barrel). Petrojam prices 87 Octane prices increased week over week, by 1.32% . Additionally 90 Octane increased by 1.29% week over week. 87 Octane and 90 Octane
PJAM has also advised that a set of Secured Variable Notes totaling $1.15 Billion, which matured on July 23, 2017, has been fully paid.
NCB Financial Group Limited (NCBFG) has advised that Mrs. Audrey Tugwell Henry, Senior General Manager, Retail Banking Division of National Commercial Bank Jamaica Limited, has tendered her resignation effective August 31, 2017, to pursue opportunities elsewhere.
Express Catering Limited (ECL) has declared an interim dividend of USD0.000917 per share payable on October 4, 2017 to shareholders on record as at August 18, 2017. The ex-dividend date is August 16, 2017.
PanJam Investment Limited (PJAM) has advised that at a meeting of the Board of Directors scheduled for August 10, 2017, the Directors will consider the payment of a third interim dividend for the year 2017.
Medical Disposables & Supplies Limited (MDS) for the three months ended June 30, 2017: recorded revenues of $480.59 million, an increase of 13% compared to the $425.36 million booked in 2016. The increase was due to the, “Company’s strategic plan to increase its market share, through increased product offerings and the widening of the customer
U.S.: U.S. jobless claims fall as labour market tightens further The number of Americans filing for unemployment benefits fell last week, pointing to a tightening labour market that likely keeps the Federal Reserve on course to announce plans next month to start reducing its massive bond portfolio. Initial claims for state unemployment benefits decreased 5,000
