U.S.: U.S. producer prices increase; weekly jobless claims fall U.S. producer prices rose in September as the price of gasoline recorded its biggest increase in more than two years amid hurricane-related production disruptions at oil refineries in Texas. Other data on Thursday showed applications for unemployment benefits dropped to a more than one-month low last
Paramount Trading (Jamaica) Limited (PTL) has advised that Mr. Gregory Charles Wildman has been appointed Chief Financial Officer effective October 2, 2017.
Scotia Investments Jamaica Limited (SIJL) has advised that two Senior Officers purchased a total of 124,000 Scotia Group Jamaica Limited (SGJ) shares on October 5, 2017.
Jetcon Corporation Limited (JETCON) has advised that a Director sold 72,599 shares on September 29, 2017.
U.S.: Fed's Evans Says Weak Inflation May Not Be Temporary Phenomenon Federal Reserve Bank of Chicago President Charles Evans said that weak inflation in the U.S. may not be entirely due to temporary factors. Citing inflation expectations surveys, he said they make him “nervous” about some of the explanations for low price growth that focus
NCB Financial Group Limited (NCBFG) has advised that Mr. Warrick Ward, Chief Executive Officer and Director of NCB Capital Markets (Barbados) Limited (NCBCMBL), demitted office on September 29, 2017. NCBFG further advised that Mr. Angus Young, CEO of NCB Global Finance Limited and Director of NCBCMBL, will have oversight of NCBCMBL in the interim.
Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased a total of 461,486 SJ shares during the period October 4 to 6, 2017.
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased a total of 87,478 SJ shares during the period October 3 to 4, 2017.
World economic growth improving, even as U.S., UK potential slows: IMF The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on Tuesday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India. The IMF upgraded its global economic
Jamaica Broilers Group Limited (JBG) has advised that it has acquired a second Hatchery in the United States, which is expected to grow its hatching capacity by 40%. Previously operating as Bell & Evans Hatchery, in Big Valley, Pennsylvania, the new facility will be renamed International Poultry Breeders Hatcheries, Inc. The acquisition was finalized on
