September 07, 2018 Derrimon Trading Company Limited (DTL) has advised that the Company has completed the acquisition of the entire shareholding of Woodcats International Limited (“Woodcats”) for a total consideration of J$355 million. At a Board Meeting of Woodcats held on September 6, 2018, Messrs. Derrick Cotterell, Ian Kelly, Earl Richards, Patrick Mignott and Mrs.
September 07, 2018 Caribbean Producers Jamaica Limited (CPJ) has advised that effective August 27, 2018, Mr. Vivek Gambhir has been appointed to the post of Chief Finance & Information Officer. CPJ has also advised that a connected party sold 4,361 CPJ shares on September 5, 2018.
September 07, 2018 Kingston Properties Limited (KPREIT) has advised that the Company has completed the sale of four (4) condo units in South Florida. The sales were of two (2) units at the Loft II and one (1) each at Midblock and the W Fort Lauderdale, and brings to a total of five (5) units
Date: September 7, 2018 United States: U.S. Payrolls Rise 201,000 While Wage Gains Accelerate to 2.9% U.S. job gains rebounded by more than forecast in August and wages unexpectedly registered their biggest advance of the expansion, keeping the Federal Reserve on track to lift interest rates this month and possibly another time this year. Nonfarm payrolls
September 06, 2018 Barita Investments Limited (BIL) has advised that a meeting of the Board of Directors will be held on Friday, September 14, 2018, at which time the Directors will consider and (if thought fit) recommend the payment of an interim dividend to ordinary stockholders.
Septmber 05, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: September 6, 2018 United States: A Rare U.S.-Europe Junk Bond Split Tantalizes Big-Money Funds Europe’s high-yield bond market has gotten tantalizingly cheap, according to big-gun debt funds. Money managers at JPMorgan Asset Management and PGIM Inc. who oversee about $70 billion collectively say it’s time to buy. Even as Italy’s populist government bids to balloon
Date: September 05, 2018 Carreras Limited’s (CAR) Chairman, Oliver Holmes, hosted the Company’s 56th Annual General Meeting (AGM) today. The Chairman of the Board commenced proceedings by welcoming shareholders and the introduction of the Board. Subsequent to the introductions, the following resolutions were voted on: To receive the Audited Financial Statements and the Reports of
Date: September 5, 2018 Jamaica Broilers Group (JBG) reported total revenues of $12.16 billion, a 6% increase on the $11.49 billion reported in 2017. Total revenue was broken down as follows. Of total revenues: The Jamaica Operations contributed $8.24 billion, a 5% increase compared to $7.87 billion for the same period of 2017. US Operations
Date: September 5, 2018 Blue Power Group Limited (BPOW) for the three months ended July 31, 2018 revenues increased by 15%, year over year, totaling $436.45 million (2017: $380.54 million) as sales from the Lumber division increased by 10%, while sales from the soap division rose 27%. BPOW stated that “The first quarter ended July
