Date: April 1, 2019 IronRock Insurance Company Limited (ROC), audited results for the year ended December 31, 2018 posted gross premium of $571.84 million relative $424.46 million; this represents a 35% increase. Change in gross provision for unearned premiums amounted to $42.11 million compared to $142.65 million in 2017. As a result, gross insurance premium revenue
United States: Fed's Quarles Says Interest Rate Increases May Yet Be Needed Federal Reserve Vice Chairman for Supervision Randal Quarles said he’s still upbeat about the U.S. economy and expects additional interest-rate increases may be necessary “at some point.” Quarles said he supported the Fed’s recent decision to put additional moves on hold following four
Date: April 01, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 01.04.19 GK 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
March 29, 2019 Sagicor Group Jamaica Limited (SJ) has advised that 205,058 SJ shares held under the Employee Share Ownership Plan (ESOP) of the Company were transferred to Sagicor Employees and Executives during the period March 20 to 22, 2019.The aforementioned advisory supersedes the following notice published on March 28, 2019: “SJ has advised that
March 29, 2019 Jamaica Broilers Group Limited (JBG) has advised that at a Board meeting held on March 27, 2019 an interim dividend of $0.20 per share was declared. The dividend will be paid on April 30, 2019 to shareholders on record as at April 10, 2019. The ex-dividend date is April 9, 2019.
March 29, 2019 Berger Paints Jamaica Limited (BRG) has advised that the Board of Directors, on March 27, 2019, passed a resolution recommending that a final dividend of J$0.307 per share be paid on May 28, 2019 to shareholders on record as at May 10, 2019. The ex-dividend date is May 9, 2019.
Date: March 29, 2019 Barita Investments Limited (BIL) Sagicor Investments Limited has advised of the closure of Barita Investments Limited’s Non-Renounceable Rights Issue. The Offer, made subject to the Circular Letter of BIL dated January 28, 2019, closed on March 25, 2019 at 4:00 p.m.
Date: March 29, 2019 Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased 54,300 CPJ shares on March 21, 2019.
Date: March 29, 2019 Mayberry Investments Limited (MIL) has advised that a Director sold 56,600 MIL shares on March 27, 2019
United States: U.S. Consumer Spending Misses Forecasts as Inflation Eases U.S. consumer spending in January was short of projections while inflation eased, an early read on the economy in the first quarter that may add to concerns about the outlook. Purchases, which account for about 70 percent of the economy, rose 0.1 percent from the
