Date: August 27, 2018 United States: Jobless Claims Fall for Third Week in Tight U.S. Labor Market U.S. filings for unemployment benefits fell for a third week and remain near the lowest in almost five decades, indicating a tight job market, Labor Department figures showed Thursday. While applications can be volatile from week to week,
August 24, 2018 Derrimon Trading Company Limited (DTL) has advised that at its Annual General Meeting held on August 22, 2018, the following resolutions were approved: Resolution 5 – Increase of Authorised Share Capital “THAT the authorised share capital of the Company be increased from 800,400,000 shares to 8,200,400,000 shares by the creation of 7,400,000,000
August 24, 2018 Wisynco Group Limited (WISYNCO) has advised that Mr. Gerald Mahfood, Head of Operations and member of the Executive Management Committee, will retire on September 28, 2018.
August 24, 2018 Victoria Mutual Investments Limited (VMIL) has advised that a Senior Manager sold 85,000 VMIL shares on August 22, 2018.
August 24, 2018 PamJam Investment Limited (PJAM) has advised that a Senior Manager sold 10,886 PJAM shares on August 21, 2018.
August 24, 2018 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 939,703 MJE shares on August 21, 2018.
Date: August 24, 2018 United States: U.S.-China Talks Draw a Blank, Bringing Fresh Tariffs Into View The trade war between the U.S. and China is primed to escalate after their governments failed to make progress in two days of talks. The two sides had met with low expectations for this week’s meetings and no further
August 23, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a Senior Manager and a connected party sold a total of 78, 000 SJ shares during the period August 20 to 21, 2018.
August 23, 2018 Mayberry Investments Limited (MIL) has advised that a connected party purchased 24,936 MIL shares and that a connected party sold 339,929 MIL shares. These transactions were conducted on August 22, 2018.
Brent Oil Brent oil prices increased by 4.94% or US$3.50, as prices rose this week. Oil traded on August 23, 2018 at a price of US$74.36 per barrel relative to US$70.86 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.08% (JMD$0.11). Additionally,
