Date: January 12, 2018 GraceKennedy Limited (GK) – Acquisition of Shares in Gray’s Pepper Products GraceKennedy Limited (GK) has advised that GK Investments Limited, a subsidiary of GraceKennedy has acquired a 33 1/3% stake in Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces. GK further advised that GK Investments’ acquisition
Date: January 12, 2018 With all the benefits (such as lower transaction cost and high confidentiality) that are said to derive from cryptocurrencies, skepticism remains high among some investors about the future of this modern means of transfer. The high cost of energy needed to power these highly specialized computers, which are used to mine
Express Catering Limited (ECL) for the six months ended November 30, 2017 reported a 14% increase in revenue to US$6.88 million (2016: US$6.02 million). Revenue for the quarter advanced 20% to close at $2.26 million relative to $1.89 million reported the previous year. Cost of sales (COS) increased by 22% for the period to US$1.85
The Eurostat- the statistical office of the Eurozone reported an unemployment rate for November 2017 for the Euro area (EA19) of 8.7%. This represent a slight decrease from the preceding October 2017 unemployment rate of 8.8%, and a 1.1% fall from the corresponding period of November 2016, when unemployment rate was a high of 9.8%.
The statistical office of the European Union has estimated a decrease in annual inflation for the region for December 2017. A recent release by Eurostat states that the statistical office is expecting inflation to fall from 1.5% in November to 1.4% in December. A further break down of the components of inflation reveals that energy
Whereas Mayberry West Indies Limited (“MWIL”) is a wholly-owned subsidiary of Mayberry Investments Limited (“the Company”). And whereas at the last Annual General Meeting of the Company, stockholders authorized the Board to re-organize MWIL, so as to enhance shareholder value and in that respect to carry out such transaction or series of transactions as the
Main Event Entertainment Group Limited (MEEG) for the year ended October 31, 2017 recorded a total of $1.18 Billion in revenue compared to $1.13 Billion booked for the period ended October 31, 2017. Revenue for the quarter slid 16% to close the quarter at $233.65 million relative to $276.73 million booked for the corresponding period in
For the third quarter ended September 30, 2017, Jamaica’s economy recorded a 0.8% growth when compared to last year. Based on information released by the Statistical Institute of Jamaica (STATIN), the total value added at constant prices for the Jamaican economy was $186,004 million. The movement was attributed to improved performances in the Services industries
Please click below to view today’s Featured Stock. Weekly Picks 02.01.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly
According to the bureau of economic analysis the “U.S. net international investment position increased to $7,768.7 billion (preliminary) at the end of the third quarter from $8,004.1 billion (revised) at the end of the second quarter. The $235.4 billion increase reflected net financial transactions of $87.4 billion and net other changes in position, such as
