Brent Oil Brent oil prices increased by 6.57%, as prices increased this week. Oil traded on September 6, 2017 at a price of 54.20 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 2.91% . Additionally 90 Octane declined by 2.85% week over week. 87 Octane and 90 Octane opened the year
U.S.: Hurricane Harvey boosts U.S. jobless claims to more than two-year high The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week amid a surge in applications in hurricane-ravaged Texas, but the underlying trend remained consistent with a firming jobs market. The surge in claims
The Chairman of the Board of Cable & Wireless Jamaica Limited (CWJ), Mark Kerr-Jarrett, introduced himself to shareholders present at the meeting. He provided positive opening remarks on the firm’s performance, stating, “the continued improvement of our customers experience remains a key imperative for us as we invest and respond to their suggestions. Following
The motion to subdivide the existing ordinary shares into 10 was approved by the majority of Carreras' shareholders, however not without objections by a few shareholders and a discussion regarding the matter. Management indicated that the main objective of the stock split was to improve the liquidity of the stock. Additionally, motions confirming the board,
Daily Market Summary 06.09.17 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 prohibited and may be unlawful. Mayberry may
Sweet River Abattoir & Supplies Company Limited (SRA) has advised of a delay in the submission of its Annual Report 2017 and anticipates that the report will be submitted on Friday, September 15, 2017.
Supreme Ventures Limited (SVL)has advised that the Company signed the deal with the Government of Jamaica for the acquisition of the operations of Caymanas Track Limited (CTL) on Friday, February 10, 2017. SVL submitted its bid in September 2015, and was approved as the preferred bidder on March 15, 2016. Supreme Ventures’ tenure as the
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Jacqueline Sharpe, President and Chief Executive Officer and Head of Caribbean Central and North, has resigned effective October 31, 2017. Mr. David Noel, currently Deputy CEO, will replace Mrs. Sharp as her successor effective November 1, 2017.
Berger Paints Jamaica Limited (BRG) has announced that it had received an Offer Document from Ansa Coatings International Limited addressed to all shareholders of BRG offering to purchase all of their shares in BRG. The Offer opens on September 7, 2017 and closes on September 28, 2017 unless the closing date is extended by notice.
