U.S.: U.S. Growth at Above-Forecast 3% on Consumer, Business Spending The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Friday. Highlights of Third-Quarter GDP (First Estimate) Gross domestic product grew
Medical Disposables & Supplies Limited (MDS) has advised that a Senior Manager sold 4,745 MDS shares on October 24, 2017.
Europe: ECB Slows Asset Purchases as Draghi Heads for Stimulus Exit The European Central Bank will reduce its monthly bond purchases next year in a step toward ending a program that has spent more than 2 trillion euros ($2.4 trillion) trying to revive euro-area inflation. Policy makers agreed to scale back buying to 30 billion
NCB Financial Group Limited (NCBFG)has advised that Mr. Robert Tang Yuk has been appointed as a Director of its subsidiary, NCB Global Finance Limited, effective October 17, 2017.
Berger Paints Jamaica Limited (BRG) has advised that a Director and a Senior Manager sold a total of 437,895 BRG shares in response to the take-over bid offer by ANSA Coatings International Limited.
Sagicor Group Jamaica Limited (SJ) has advised that a related party sold 9,000 SJ shares on October 18, 2017.
Asia: China shoppers rein in spending on cookies to pop drinks: survey Growth in sales of consumer goods ranging from biscuits and candies to toothpaste and shampoo has slowed in China to a five-year low, a survey shows, in a major challenge for global firms seeking to attract buyers in the world’s most populous nation.
Supreme Ventures Limited (SVL) has advised that the Company is in receipt of a Members Requisition for an Extraordinary General Meeting (EGM) dated October 19, 2017 from the following shareholders; Mayberry West Indies Limited Bamboo Holdings Limited Konrad Mark Berry The objects of the meeting are: To remove the following Directors from the
Medical Disposables & Supplies Limited (MDS) has advised that a Senior Manager sold 95,255 MDS shares during the period October 12 to 20, 2017.
U.S.: Risky Business Set to Dominate High-Yield Bond Market in 2018 If 2017 is judged to be the year of big but boring refinancings for the European high-yield market, next year is shaping up to be a different proposition with leveraged buyouts and lower-rated credits expected to drive a bigger share of bond sales. Yield-hungry
