The European Central Bank’s (ECB) Governing Council met yesterday and decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and 0.40% respectively. According to Mario Draghi, President of the ECB, he stated, “Based on our
Jamaica Broilers Group (JBG) for the three months ended July 31, 2017, Revenues totalled $11.49 billion, a 15% increase on the $10.02 billion reported in 2016. Total revenue was broken down as follows; The Jamaica Operations contributed $7.87 billion, a 9% increase compared to $7.23 billion for the same period of 2016. JBG noted, “Jamaica
U.S.: Trump’s Surprise Deal With Democrats Sets Up Christmas Showdown President Donald Trump’s unexpected decision to spurn his Republican allies in Congress by striking a short-term debt-limit deal with Democrats leaves the GOP reeling and lawmakers bracing for a bruising battle in December. Trump’s move undercut GOP leaders in the House and Senate, as well
Daily Market Summary – September 07, 2017 Daily Market Summary 07.09.17 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
Sagicor Group Jamaica Limited (SJ) has advised that Mr. Donovan Perkins, President and Chief Executive Officer of Sagicor Bank, has resigned effective September 30, 2017. Mr. Phillip Armstrong, the Deputy CEO, will act as Chief Executive Officer of the bank effective October 1, 2017.
Carreras Limited (CAR) has advised that the following resolutions were considered and passed at the Annual General Meeting of the Company held on September 6, 2017: To adopt the Articles of Incorporation of the Company “THAT the Articles of Incorporaion of the Company be adopted as replacement and substitution for the existing Memorandum of Association
IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 72,773 ROC shares during the period September 5 to 6, 2017.
Salada Foods Jamaica Limited (SALF) has advised that a connected party purchased 186,910 SALF shares on September 4, 2017.
SJ advised that a connected party purchased a total of 304,099 SJ shares and that an Executive and a connected party sold a total of 244,000 SJ shares. These transactions were conducted during the period August 30 to September 4, 2017.
