July 25, 2018 Pulse Investments Limited (PULS) has advised that at a meeting held on July 20, 2018, the Board of Directors discussed management fees paid by the company. After said deliberations, the Board decided that Chairman, Director of Special Projects, major shareholder and former CEO, Mr. Kingsley Cooper, will no longer receive management fees from
Date: July 25, 2018 United States: Trump Wants the Fed to Roll Back the U.S. Economy Doves on the Federal Reserve evidently have a vocal ally in President Donald Trump. He said recently that he's "not thrilled" about the Fed increasing interest rates – a move the central bank is expected to signal this week, without
July 24, 2018 Lasco Manufacturing Limited (LASM) has advised that Mr. Compton Rodney was appointed to the Board of Directors on June 14, 2018, to replace Mr. Colin Maxwell who resigned on June 1, 2018.
July 24, 2018 Supreme Ventures Limited (SVL) has advised that the Board of Directors has declared a dividend of fifteen (15) cents per stock unit to be paid on August 22, 2018 to shareholders on record as at August 8, 2018. The ex-dividend date is August 7, 2018.
July 24, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a connected party sold 67,200 SJ shares on July 23, 2018.
July 24, 2018 JMMB Group Limited (JMMBGL) has advised that pursuant to a resolution of the Board of Directors dated September 28, 2017, the Company proposes to voluntary delist all of its issued and outstanding ordinary shares (the “JMMBGL Shares”) from the BSE (the “Proposed Delisting”). The JMMBGL Shares will continue to be listed on
July 24, 2018 Jamaican Teas Limited (JAMT) has advised that a total of 4,000,000 JAMT shares were issued to Directors and employees of the company pursuant to the company’s employee share ownership plan on July 5, 2018.
Date: July 24, 2018 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2018 posted gross premium of $282.12 million relative $173.35 million; this represents a 63% increase year over year. For the second quarter gross premium rose by 14% to total $127.10 million compared to $111.41 million. Change in gross provision
Date: July 24, 2018 United States: The U.S. Economy Deserves a Lot More Credit The U.S. economy is rolling along with far better prospects for solid growth than is widely realized, despite the many distractions that abound. This suggests that the path of least resistance for the equity market is higher, even if the rise is
July 23, 2018 GraceKennedy Limited (GK) has advised that their Board of Directors will on Tuesday, July 31, 2018, consider a resolution for the declaration of an interim dividend to be paid in September 2018.
