15 10, 2019

Overseas Headlines- October 15, 2019

2019-10-15T14:03:43-05:00

October 15, 2019 United States: Fed’s Bullard Wants Rate Cuts Considered Amid Downside Risks “Federal Reserve policy maker James Bullard said his colleagues should think about cutting interest rates again to guard against threats to the economy such as the U.S.-China trade dispute. While declining to predict the outcome of this month’s meeting, the Federal

Overseas Headlines- October 15, 20192019-10-15T14:03:43-05:00
14 10, 2019

Daily Market Summary – October 14, 2019

2019-10-14T20:31:45-05:00

Date: October 14, 2019 Daily Market Summary 14.10.2019 Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s)

Daily Market Summary – October 14, 20192019-10-14T20:31:45-05:00
14 10, 2019

Special Advisory: Palace Amusement Company (1921) Limited (PAL)

2019-10-14T21:03:13-05:00

Date: October 14, 2019 Palace Amusement Company (1921) Limited (PAL) has advised that at a meeting of its Board of Directors held on Tuesday, October 8, 2019, it was decided that having heavily invested for the long-term benefit of the Shareholders in a new cinema in Portmore, “Sunshine Palace”, there will be no recommendation to

Special Advisory: Palace Amusement Company (1921) Limited (PAL)2019-10-14T21:03:13-05:00
14 10, 2019

Special Advisory: Jamaican Teas Limited (JAMT)

2019-10-14T21:03:08-05:00

Date: October 14, 2019 Jamaican Teas Limited (JAMT) has advised that on October 1, 2019 the Company acquired 50% of the outstanding share capital of Bay City Foods Limited (Bay City) bringing its total shareholding in Bay City to 100.  For further information, please visit www.jamstockex.com   Analyst Certification -This research report is for information

Special Advisory: Jamaican Teas Limited (JAMT)2019-10-14T21:03:08-05:00
14 10, 2019

Trade in Shares: PanJam Investment Limited (PJAM)

2019-10-14T21:03:48-05:00

Date: October 14, 2019 PanJam Investment Limited (PJAM) has advised that three Directors exercised their stock options and acquired a total of 20,978 PJAM shares on October 11, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that

Trade in Shares: PanJam Investment Limited (PJAM)2019-10-14T21:03:48-05:00
14 10, 2019

Industrial production up by 0.4% in euro area and 0.1% in EU28 in August

2019-10-14T21:03:00-05:00

October 14, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In August 2019 compared with July 2019, seasonally adjusted industrial production rose by 0.4% in the euro area (EA19) and by 0.1% in the EU28.” However, in July 2019, production declined by 0.4% in the euro area

Industrial production up by 0.4% in euro area and 0.1% in EU28 in August2019-10-14T21:03:00-05:00
14 10, 2019

Overseas Headlines- October 14, 2019

2019-10-14T14:43:46-05:00

October 14, 2019 United States: U.S. Payrolls Revisions Are More Reliable, Fed Study Shows “Revisions to monthly U.S. payrolls figures have become more reliable over the short term while those on industrial production have become less so, according to a Federal Reserve study that finds that policy makers could build such evolutions into their real-time

Overseas Headlines- October 14, 20192019-10-14T14:43:46-05:00
14 10, 2019

GraceKennedy Opens US$5M Grace/La Fe Facility in New Jersey

2019-10-14T13:50:51-05:00

October 14, 2019   Kingston, Jamaica, October 9 – The GraceKennedy Group took another step towards realising its vision of becoming a Global Consumer Group on Monday, October 7, when it officially opened its brand new Grace/La Fe facility in Woodbridge, New Jersey. The facility, which cost the company some US$5M, will drive increased operating

GraceKennedy Opens US$5M Grace/La Fe Facility in New Jersey2019-10-14T13:50:51-05:00
11 10, 2019

U.S. import prices rose 0.2% while export prices slid 0.2%

2019-10-14T13:49:13-05:00

October 11, 2019 September’s import prices rose 0.2%, according to the U.S. Bureau of Labor Statistics after declining 0.2% the previous month. This advance was mostly attributable to the higher prices in fuel imports and nonfuel goods which declined 0.1%. Nonetheless, export prices fell 0.2% in September relative to a 0.6% decrease the previous month.

U.S. import prices rose 0.2% while export prices slid 0.2%2019-10-14T13:49:13-05:00
11 10, 2019

Board Resignation/Appointment: Sygnus Credit Investment Limited (SCI)

2019-10-14T21:03:52-05:00

Date: October 11, 2019 Sygnus Credit Investment Limited (SCI) has advised that Mr. Walter Scott has resigned from the Board of Directors of Sygnus Capital Limited and Sygnus Capital Management Limited effective September 30, 2019. SCI also advised that Mr. Milton Brady, an existing Director, has been  appointed Chairman of the Boards with effect from

Board Resignation/Appointment: Sygnus Credit Investment Limited (SCI)2019-10-14T21:03:52-05:00