Brent Oil Brent oil prices increased by 3.03% or US$2.19, as prices increased this week. Oil traded on July 26, 2018 at a price of $74.51 per barrel relative to US$72.32 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.21% (JMD$0.28). Additionally,
July 26, 2018 Sagicor Group Limited (SJ) SJ has advised that a connected party sold 6,000 SJ shares on July 24, 2018.
July 26, 2018 KLE Group Limited (KLE) has advised that Mr. Kevin Robinson who was the General Manager for Tracks and Records Montego Bay has resigned from the company effective July 21, 2018.
July 26, 2018 Barita Investments Limited (BIL) has advised that by letter dated July 19, 2018, Cornerstone Investments Holdings Limited (“Cornerstone” or the “Offeror”) notified the Board of Barita Investments Limited (“Barita” or the “Company”) that it was making an offer to the shareholders of Barita for 100% of the issued shares of the Company.
July 26, 2018 Carreras Limited (CAR) has advised that at a meeting of the Board of Directors held on July 25, 2018 the Directors declared an interim dividend of $0.16 per stock unit and a special dividend of $0.11 per stock unit to be paid out of accumulated profits on August 30, 2018 to stockholders
Date: July 26, 2018 Caribbean Cement Company’s (CCC) AGM was held today July 26, 2018 and was hosted by Mr. Parris A. Lyew- Ayee, chairman of Caribbean Cement Company who commenced by the usual welcoming and introductions. This was shortly followed by the independent auditor’s report. From the director’s report, it was highlighted that turnover
Date: July 26, 2018 Supreme Ventures Limited (SVL), for the six months ended June 30, 2018 reported a 13% increase in revenues for the period to total $30.95 billion, up from $27.37 billion in 2017. For the second quarter, revenues totaled $15.66 million relative to $13.98 million in 2017. Revenues from the company’s segments were
Date-July 26 ,2018 United States: U.S. Economy Set to Benefit From China Slowdown as World Suffers The U.S. would probably benefit from a sharp slowdown in China’s economy even as the rest of the world suffers, according to calculations by Germany’s Bundesbank. What may seem like a counter-intuitive scenario has its roots in trade relations.
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
