July 18, 2018 GraceKennedy Limited (GK) has announced a round of restructuring activities starting July 2018. The Company has advised that it is taking a close look at overall organizational design, cost structure, and business processes at all levels to achieve sustainable efficiency, greater agility and revenue growth. GK has contracted a third party consulting
July 18, 2018 Ciboney Group Limited (CBNY) has advised that Finsac’s attempt in April 2018 to sell its 72% shareholding in the company was aborted and hence the prospect of achieving a change of ownership within the first quarter of the new financial year cannot now be achieved. Finsac has advised that it intends to
Date: August 31, 2018 Ciboney Group Limited (CBNY) presented the audited results for the year ended May 31, 2018 which higlighted financial income for the period totalled $1.72 million up from the $154,000 reported for the comparable quarter in 2017. Financial income for the quarter amounted to $39,000, a gross increase of 88% relative to
July 18, 2018 Medical Disposables & Supplies Limited (MDS) has advised that the Board of Directors will consider the payment of an interim dividend at the next meeting of the Board of Directors scheduled for Tuesday, July 31, 2018 and not Tuesday, July 24, 2018 as was previously mentioned.
July 18, 2018 Jamaica Stock Exchange (JSE) has advised that the Board of Directors’ meeting at which an interim dividend will be considered has been rescheduled. The Board meeting will now be held on July 19, 2018 and not on July 18, 2018 as previously indicated.
Date: July 18, 2018 News-Release-GraceKennedy-Limited-GK-Positions-for-its-Centennial Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will
According to Eurostat, the inflation rate in the Euro Area was 2.0% at the conclusion of June 2018, increasing 1.9% from the May 2018 rate. Simultaneously, European Union annual inflation stayed steady at 2% in June 2018 compared to May 2018. Countries with the lowest annual rates included: Ireland (0.7%), Greece (1.0%), and Denmark (1.1%).
Date: July 18, 2018 United States: Powell Wants to Create Some Mystery Around Fed Meetings Change is in the air at the Federal Reserve. Chairman Jerome Powell’s semiannual monetary policy testimony in the Senate gave a big hint that we can no longer count on the explicit policy of gradual interest-rate hikes to continue too
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July 17, 2018 C2W Music Limited (MUSIC) has issued the following advisory: “Following the successful rescue of C2W Music Limited ("the Company") by Stocks and Securities Limited, effective June 29, 2018, we hereby wish to notify shareholders that the Company is late in publishing its Q1 un-audited financial statements for the period ending March 31,
