11 07, 2017

GraceKennedy Ltd. agrees to 100% ownership of Consumer Brands Limited

2017-07-13T21:34:11-05:00

GraceKennedy declared on Friday, July 7, 2017, that the Group has agreed to acquire 100% ownership of Consumer Brands Limited. The acquisition will make Consumer Brands Limited, a large player in the distribution industry, a subsidiary of Grace Kennedy Foods. The deal is likely to be concluded before the end of the third quarter of

GraceKennedy Ltd. agrees to 100% ownership of Consumer Brands Limited2017-07-13T21:34:11-05:00
10 07, 2017

Featured Stock: NCBFG

2017-07-10T15:41:47-05:00

Please click below to view today’s Featured Stock. Weekly Picks 10.07.17 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

Featured Stock: NCBFG2017-07-10T15:41:47-05:00
7 07, 2017

U.S. hiring accelerates for June 2017

2017-07-07T20:07:29-05:00

U.S. hiring picked up in June with total nonfarm payrolls employment increasing 220,000. However, the unemployment rate was little changed at 4.4%, the U.S. Bureau of Labor Statistics reported. The rise in total nonfarm payroll employment resulted from increased employment in health care, social assistance, financial activities, and mining. In June, health care added 37,000

U.S. hiring accelerates for June 20172017-07-07T20:07:29-05:00
5 07, 2017

Top dividend paying stocks year to date

2017-07-06T14:52:52-05:00

As a shareholder you are entitled to a share in the company's profits or earnings. This entitlement may come in the form of dividends. Dividends can be described as a distribution of a portion of a company’s earnings, decided by the board of directors, to shareholders and are usually expressed in cents/dollars per share. The

Top dividend paying stocks year to date2017-07-06T14:52:52-05:00
4 07, 2017

Mayberry pledges support for Scotia Investments Deal at J$38.00

2017-07-06T14:53:12-05:00

Monday, July 3, 2017 Business Section Release FOR IMMEDIATE RELEASE Mayberry pledges support for Scotia Investments Deal at J$38.00" Kingston – Mayberry Investments Limited (Mayberry) has announced that it has agreed to sign a Lockup Agreement with Scotia Group Jamaica Limited (Scotiabank Group) in support of Scotiabank Group’s recently announced Scheme of Arrangement to take

Mayberry pledges support for Scotia Investments Deal at J$38.002017-07-06T14:53:12-05:00
3 07, 2017

BOJ Credit Condition Survey

2017-07-03T17:20:05-05:00

BOJ Credit Condition Survey According to the Bank of Jamaica (BOJ), Credit Condition Survey revealed heightened competition in the banking sector arising from the conversion of Jamaica National Building Society to a commercial bank on February 01, 2017. The effect of the conversion lowered the weighted average lending rate to 14.98% from 16.21% in December

BOJ Credit Condition Survey2017-07-03T17:20:05-05:00
3 07, 2017

Featured Stock: SGJ

2017-07-06T14:54:17-05:00

Please click below to view today’s Featured Stock. Weekly Picks 03.07.17 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

Featured Stock: SGJ2017-07-06T14:54:17-05:00
29 06, 2017

JBG records a 68% increase in year end net profit attributable to shareholders

2017-07-06T14:54:27-05:00

Jamaica Broilers Group (JBG) for the year ended April 31, 2017 recorded total revenues of $44.44 billion, a 15% increase on the $38.52 billion reported in 2016. Total revenue was broken down as follows; The Jamaica Operations contributed $31.96 billion, a 13% increase compared to $28.40 billion for the same period of 2016. US Operations

JBG records a 68% increase in year end net profit attributable to shareholders2017-07-06T14:54:27-05:00
29 06, 2017

U.S. First Quarter GDP growth revised to 1.4%

2017-07-06T14:54:31-05:00

The Bureau of Economic Analysis (BEA) today revised the U.S. Gross Domestic Product (GDP) growth for the January to March quarter of 2017 to 1.4%. This was the third estimate of the quarter following the availability of more complete data which was previously not available for the second estimate. The previous estimate produced a revision

U.S. First Quarter GDP growth revised to 1.4%2017-07-06T14:54:31-05:00