U.S.: Low pay, no bonus: U.S. retailers struggle with hiring U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. Retailers including Macy’s Inc and J.C. Penney have
Berger Paints Jamaica Limited (BRG) has confirmed that the Take-over Bid Offer by ANSA Coatings International Limited (ANSA) which opened on September 7, 2017 for the remaining shares representing 48.99% or 104,990,171 BRG shares, closed on October 9, 2017. ANSA has taken up and purchased 6,667,570 shares representing 6.35% of the 104,990,171 shares held by
Caribbean Cement Company Limited (CCC) has advised that Alejandro Vares has resigned as Director from the Boards of CCC and its sudsidiaries effective October 5, 2017. CCC further advised that Mr. Vares’ resignation was not due to any disagreement in respect of accounting principles or practices or financial statement disclosure or any material issue impacting
Lasco Distributors Limited (LASD) has advised that a Senior Manager sold 40,000 LASD shares on October 6, 2017.
Caribbean Producer Jamaica Limited (CPJ) has advised that a connected party purchased 183,400 CPJ shares during the period October 13 to 18, 2017.
U.S.: U.S. jobless claims drop to more than 44-year low The number of Americans filing for unemployment benefits fell to its lowest level in more than 44 years last week, pointing to a rebound in job growth after a hurricane-related decline in employment in September. Initial claims for state unemployment benefits dropped 22,000 to a
Palace Amusement Company (1921) Limited (PAL) has advised that its Annual General Meeting has been scheduled for 2:00 p.m. on December 12, 2017 at the Registered Office of the Company, 1A South Camp Road, Kingston. PAL has further advised that Mrs. Eileen Thomas ceased to be the Company Secretary on July 7, 2017 and that
Mayberry Investments Limited (MIL) has advised that a Director of the Company, Mr. Sushil Jain, passed away on Tuesday, October 10, 2017.
tTech Limited (TTECH) has advised that a Director purchased 50,000 TTECH shares on October 13, 2017.
Access Financial Services Limited (AFS) has advised that its Board of Directors’ meeting previously scheduled for October 19, 2017 has been re-scheduled and will now be held on October 26, 2017. At this meeting, an interim dividend payment will be considered for ordinary shareholders.
