Europe: Euro zone bond yields creep up, Draghi says ECB policy working Government bond yields in the euro area crept higher on Monday in the absence of any major policy cues from top central bankers at a gathering in Jackson Hole, Wyoming at the end of last week. Federal Reserve Chair Janet Yellen did not
Revenue increased by 12% to total $380.54 million compared to $338.7 million for the same period in 2016. Sales from the Lumber division climbed to $271.69 million, 13% higher than $240.64 million, while sale in the Soap division increased by 11% to close the period at $108.85 million relative to $98.06 million in 2016. The
1834 Investments Limited (1834) For the three months ended June 30, 2017 Revenue for the first quarter of the 2017 financial year declined by 31% to $11.15 million (2016: $16.22 million). Other operating income increased significantly in the first quarter of 2017 to $74.54 million. This compares to the prior year’s period figure of $16.94
Lasco Financial Services Limited (LASF) has advised that a connected party purchased a total of 12,085,992 LASF shares during the period August 22 to 23, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party purchased 8,500 MIL shares on August 24, 2017.
U.S. Rise in U.S. business spending bolsters economic outlook New orders for key U.S.-made capital goods rose slightly more than expected in July and shipments surged, pointing to an acceleration in business spending early in the third quarter. The Commerce Department’s upbeat report on Friday also suggested the economy continued to gather momentum after growth
Bank of Jamaica announces that, with effect from 25 August 2017, the rate offered on overnight placements with the Bank, the policy interest rate, will be reduced to 3.50 per cent from 3.75 per cent. The adjustment to the policy rate reflects the Bank’s assessment that inflation will be within BOJ’s inflation target of 4.0
Mayberry Investments Limited (MIL) has advised that a connected party purchased 4,000 MIL shares on August 23, 2017.
U.S.: U.S. jobless claims rise slightly as labour market tightens The number of Americans filing for unemployment benefits rose less than expected last week, suggesting a further tightening in labour market conditions. Initial claims for state unemployment benefits increased 2,000 to a seasonally adjusted 234,000 for the week ended Aug. 19, the Labour Department said
Jamaica Stock Exchange (JSE) JSE has advised that Mr. Robin Levy, Deputy General Manager of the Jamaica Stock Exchange and General Manager of the Jamaica Central Securities Depository Limited and JCSD Trustee Services Limited, has tendered his resignation effective October 31, 2017.
