Fed to commence balance sheet normalization relatively soon

The Federal Reserve issued its Federal Open Market Committee (FOMC) statement today. Information received since the Board of Governors of the Federal Reserve System last met in June points to further strengthen in the labor market while economic activity has moderately increased since the start of the year. According to the statement, “Job gains have

Fed to commence balance sheet normalization relatively soon2017-07-26T19:37:02-05:00

Overseas Headlines – July 26, 2017

Europe: Euro zone yields near one-week highs ahead of Fed meeting Euro zone government bond yields edged lower but were near one-week highs on Wednesday ahead of the U.S. Federal Reserve meeting, with rate setters expected to hint towards tighter monetary policy in the future. The Fed is expected to keep interest rates unchanged but

Overseas Headlines – July 26, 20172017-07-26T14:15:40-05:00

U.S. jobs boost consumer confidence

Consumer confidence in the U.S. moved to a near 16 year high in July amid optimism over the labour market. The Conference Board said its consumer confidence index surged to 121.1 this month from 117.3 in June. The rise in confidence came despite the healthcare impasse in Washington. “Consumer confidence increased in July following a

U.S. jobs boost consumer confidence2017-07-26T13:57:14-05:00

Daily Market Summary- July 25, 2017

Please click below to view today’s Daily Market Summary. Daily Market Summary 25.07.17 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

Daily Market Summary- July 25, 20172017-07-25T21:08:10-05:00

JAMT: Special Advisory

Jamaican Teas Limited (JAMT) has advised that its associated company, KIW International Limited has entered into an agreement to sell its entire property at 138 Spanish Town Road. The sale is expected to be completed within the next two months.

JAMT: Special Advisory2017-07-25T19:49:11-05:00

PROVEN: Special Advisory

Proven Investments Limited JMD (PROVEN) has advised that its Renounceable Rights Issue Offer of US$16,547,873.28 or an additional 68,949,472 ordinary shares to its Shareholders has been closed.

PROVEN: Special Advisory2017-07-25T19:48:40-05:00

BRG: Special Advisory

Berger Paints Jamaica Limited (BRG) has advised that Ansa Coatings International Limited (ACIL) indirect offer to purchase 51% of Berger Paints Jamaica Limited was completed yesterday, July 24, 2017. That is, Lewis Berger Overseas Holding (LBOH) who owns 51% of the issued share capital in Berger Paints Jamaica Limited is now 100% owned by ACIL.

BRG: Special Advisory2017-07-25T19:48:05-05:00

ECL: Dividend Consideration

EXPRESS CATERING LIMITED (ECL) has advised that at a Board of Directors’ meeting scheduled for August 1, 2017 an interim dividend payment will be considered.

ECL: Dividend Consideration2017-07-25T19:46:19-05:00

Strategic Investing Magazine July 25, 2017

  Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research

Strategic Investing Magazine July 25, 20172019-11-11T18:09:53-05:00

Overseas Headlines – July 25, 2017

Europe: German Business Climate Hits Record as Economy Proves Robust German companies are gearing up for a bumper season after the summer lull. The business climate in Europe’s largest economy improved for a sixth month in July, according to Munich-based Ifo institute. The index, based on a survey of 7,000 German companies from manufacturing, trade

Overseas Headlines – July 25, 20172017-07-25T13:52:52-05:00