April 27, 2018 NCB Financial Group (NCBJ) for the six months ended March 31, 2018 reported Net Interest Income increased by 8.66%, relative to the corresponding period in 2017, to total $15.91 billion (2017: $14.64 billion). The Company noted this was “driven by the consolidation of our newest subsidiary, Clarien Group Limited (CGL).” For the quarter,
April 27, 2018 United States: U.S. Growth Cools to 2.3% as Gains in Consumer Spending Ease U.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakness. Gross domestic product, the value of all goods and services produced in the
April 26,2018 Caribbean Cement Company Limited (CCC) for the three months ended march 31, 2018 reported total revenue for the three months ended March 31, 2018 grew by 6% amounting to $4.34 billion, up from $4.09 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) for the period amounted to $605.96
April 26, 2018 Net job loss due to closing and contracting private-sector establishments for third quarter-June 2017 to September 2017- amounted to 140,000, the Bureau of Labor Statistics reported in its latest release. According to the Bureau, “gross job losses from closing and contracting private-sector establishments were 7.4 million, an increase of 268,000 jobs lost
April 26, 2018 United States: Fed at Odds With Itself as It Eases Bank Rules and Raises Rates Federal Reserve policy makers seem to be working at cross purposes. In laying out plans to ease some constraints imposed on banks after the financial crisis, the Fed is moving to free up tens of billions of
April 25, 2018 United States: Powell’s Policy Gambit Bets Job Market Stays Hot, Inflation Not Federal Reserve officials are sounding increasingly confident they can run the U.S. economy hot without a harmful rise of inflation, a risky gamble for Chairman Jerome Powell with unemployment low, price pressures edging higher and fiscal stimulus about to goose
Date: April 24, 2018 Jamaica Stock Exchange (JSE): The Jamaica Central Securities Depository Limited (“JCSD”), a wholly owned subsidiary of the Jamaica Stock Exchange, has appointed Mrs. Kadyll McNaught-Hermitt as Company Secretary of JCSD and JCSD Trustee Services Limited. The appointment took effect on April 18, 2018.
Date: April 24, 2018 FosRich Company Limited (FOSRICH) has advised that a Senior Manager sold a total of 4,462 FOSRICH shares during the period March 14 to 21, 2018.
Date: April 24, 2018 Sterling Investments Limited (SIL) has advised that a Director and three connected parties purchased a total of 70,010 SIL shares under the company’s Dividend Reinvestment Programme during the period March 26 to April 13, 2018.
Date: April 24, 2018 Sagicor Group Jamaica Limited (SJ) has advised that two connected parties sold a total of 49,500 SJ shares during the period April 18 to 19, 2018.
