CEMEX announces change and variation to take-over bid for Trinidad Cement Limited· New offer price of TT$5.07 represents 50% premium· Includes option for shareholders in Trinidad and Tobago and Jamaica to be paid in U.S. DollarsCEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) today announced that its indirect subsidiary, Sierra Trading (“Sierra”), will present a change
The inflation rate for the month August 2016 was 0.4%. The main contributor to the increase was an upward movement in the index for ‘Housing, Water, Electricity, Gas and Other Fuels’ which advanced 1.8%. Notably the Division recorded the highest movement for a second consecutive month, due mainly to a rise in the rates for
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GraceKennedy Limited (GK) has advised that on December 29, 2016 seven Senior Officers acquired 326,393 GK shares pursuant to the exercise of stock options. The options exercised were under the cashless settlement option method.
Barita Investments Limited (BIL) has advised that at a Board of Directors’ meeting scheduled for Wednesday, January 18, 2017 an interim dividend payment will be considered.
Blue Power Group Limited (BPOW) traded at its 52-week high of $34.50.
AMG Packaging & Paper Company Limited (AMG) traded at its 52-week high of $28.50.
Access Financial Services Limited (AFS) traded at its 52-week high of $25.01.
Kingston Wharves Limited (KW) traded at its 52-week high of $24.99.
U.S.:Potential Fed Chairs Suggest They Would Pursue Tighter PolicyPotential candidates to head the Federal Reserve in 2018 suggested that monetary policy would be tighter if they were in charge. Speaking at the annual American Economic Association meeting that ended Sunday, Glenn Hubbard of Columbia University, along with Stanford University’s John Taylor and Kevin Warsh, criticized
