NCB Capital Markets Limited (NCBCM) NCBCM, co-arranger and lead broker to Productive Business Solution Limited (“PBS”) (the “Company”) in its recent invitation to the public made subject to a prospectus dated June 22, 2017 (the “Invitation” and the “Prospectus” as the case may be), to subscribe for J$ Preference Shares of the Company (the “Shares”),
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Audrey Tugwell Henry has been appointed to the position of Executive Vice President, Retail Banking effective September 4, 2017.
Jamaica Stock Exchange (JSE) The JSE has advised that it is exploring the Blockchain technology. To facilitate the exploration process, the JSE has entered into a non-binding Memorandum of Understanding with Veritaseum Limited Liability Corporation.
Barita Investments Limited (BIL) has advised that an offer has been made to acquire majority shareholdings in the Company. BIL further advised that the offer is under consideration by the Board of Directors of the Company and discussions continue, pending the preparation and conclusion of definitive agreements.
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
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.
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
