Jamaica Broilers Group Limited (JBG) has advised that it has acquired a second Hatchery in the United States, which is expected to grow its hatching capacity by 40%. Previously operating as Bell & Evans Hatchery, in Big Valley, Pennsylvania, the new facility will be renamed International Poultry Breeders Hatcheries, Inc. The acquisition was finalized on
Sagicor Bank Jamaica Limited (SBJ) has advised that at a Board of Directors’ meeting scheduled for October 13, 2017 an interim dividend payment will be considered for its sole ordinary shareholder.
Sagicor Group Jamaica Limited (SJ) has declared an interim dividend of $0.58 per share payable on October 31, 2017 to shareholders on record as at October 20, 2017. The ex-dividend date is October 18, 2017.
Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in the NIR resulted from a 13% or US$532.27 decline in Foreign Assets to total US$3,714.94 million compared to US$4,247.21 million
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Europe: ECB still concerned about existing stock of bank bad loans: Mersch The European Central Bank is still concerned with the stock of bad loans clogging up bank balance sheets in the euro zone, ECB Executive Board member Yves Mersch said on Monday. The ECB last week issued new proposals that will force banks from
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Paramount Trading (Jamaica) Limited (PTL) has advised that its Annual General Meeting has been scheduled for 10:00 a.m. on Saturday, November 4, 2017 at the Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5.
Berger Paints Jamaica Limited (BRG) has advised that in light of the closing on Monday, October 9, 2017 of the Offer made by ANSA COATINGS INTERNATIONAL LIMITED (“the Offer”) to acquire 104,990,171 ordinary stock units in Berger Paints Jamaica Limited (“the Company”), being all the issued ordinary stock units of the Company not already held
The Bureau of Labor Statistics released its Employment Situation Summary earlier today which highlighted the unemployment rate fell to 4.2% for September. Total nonfarm payroll employment reflected a decline of 33,000. The passing of Hurricanes Irma and Harvey resulted in a sharp decline in employment in food services and drinking places and “below-trend growth in
