U.S.:Fewer Americans Filed Claims Last Week for Jobless BenefitsFewer Americans than forecast filed applications for unemployment benefits last week, underscoring a sturdy job market. Jobless claims fell by 2,000 to 241,000 in the week ended March 11, a report from the Labour Department showed Thursday. The median forecast in a Bloomberg survey called for 240,000.
Derrimon Trading Company Limited (DTL) has advised of the further implementation of the company’s Five Years Strategic Plan with regards to: (a) The establishment of a joint venture company for the acquisition of the assets of Caribbean Home Entertainment Systems, the former operators of Carihome Supermarket at Shop # 15 at Upper Manor Park, St.
Lasco Financial Services Limited (LASF) has advised that a connected party purchased a total of 156,550 LASF shares during the period March 13 to 14, 2017.
U.S.:U.S. Retail Sales in February Post Smallest Gain in Six MonthsU.S. retail sales in February posted the smallest gain in six months, indicating a tempering of the consumer spending that’s been carrying the economy. Purchases rose 0.1 percent, matching the Bloomberg survey median estimate, after a 0.6 percent increase in the prior month that was
National Commercial Bank Jamaica Limited (NCBJ) has advised that a Director purchased 1,450 NCBJ shares on March 8, 2017.
LASCO Financial Services Limited (LASF) has advised that two connected parties purchased a total of 431,650 LASF shares during the period March 9 to March 10, 2017.
Kingston Properties Limited (KPREIT) has advised that at a Board of Directors’ meeting scheduled for March 31, 2017 an interim dividend payment will be considered.
Jamaica Stock Exchange (JSE) has advised that a Senior Manager sold a total of 181,000 JSE shares on March 9, 2017.
U.S.:U.S. Producer Prices Climbed More Than Forecast in FebruaryU.S. producer prices rose more than forecast in February, while costs increased from a year earlier by the most since March 2012, signaling inflation is picking up, a Labour Department report showed Tuesday in Washington.Key Points· Producer-price index climbed 0.3 percent from January (forecast was for 0.1
U.S.:U.S. to keep Aaa-rating after debt ceiling: Moody'sMoody's Investors Services said on Monday the United States will retain the rating agency's top-notch debt rating as long as it meets its interest payments even if the government's borrowing cap is reinstated on Thursday. Back in November 2015, federal lawmakers suspended the federal debt ceiling, which would
