U.S.:Many Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes ShowFederal Reserve officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid the risk of an overheated economy, minutes of Federal Open Market Committee’s latest meeting showed. “Many participants expressed the view that it might be appropriate
The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have
The Planning Institute of Jamaica (PIOJ)Review of Economic PerformanceOctober-December 2016According to the PIOJ, real GDP grew by an estimated 1.3%. The growth was attributed to the Goods producing and Services industry which grew by an estimated 3% and 0.8% respectively. Within the Goods Producing Industry, increases in real value added for the Agriculture, Forestry &
U.S.:Stock futures slip as investors await Fed minutesU.S. stock index futures dipped slightly on Wednesday as investors await details of the Federal Reserve's last meeting for clues on the timing of the next interest rate hike. The Fed will release the minutes of its Jan. 31-Feb. 1 meeting at 2:00 p.m. ET (1900 GMT), which
The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have
Cargo Handlers Limited (CHL) CHL has advised that at a Board of Directors’ meeting held on February 10, 2017, Mr. William Craig was appointed independent, non-executive director. Mr Craig will also continue to serve as mentor. CHL further advised that Mr. Keith Hart retired from the Board of Directors effective February 17, 2017.
National Commercial Bank Jamaica Limited (NCBJ) Director purchased 1,006 NCBJ shares on February 16, 2017.
Jamaica Stock Exchange (JSE) Director purchased 2,000 JSE shares on February 14, 2017.
GraceKennedy Limited (GK) At a Board of Directors’ meeting scheduled for February 28, 2017 an interim dividend payment will be considered.
Sterling Investments Limited (SIL) SIL has advised of a change of location for its Board of Directors’ meeting scheduled for February 25, 2017 at which an interim dividend payment will be considered. The meeting will now be held at the Terra Nova Hotel in Kingston, Jamaica.
