Date: July 26 ,2018 BOJ Modernisation As Jamaica aims to maintain fiscal discipline and macroeconomic stability, recently appointed Minister of Finance and Public Services, Honourable Dr. Nigel Clarke, announced the implementation of Jamaica’s second pillar, the modernisation of the Bank of Jamaica (BOJ). He highlighted today that this particular decision of institutional reform stemmed from
July 26, 2018 Sagicor Group Limited (SJ) SJ has advised that a connected party sold 6,000 SJ shares on July 24, 2018.
July 26, 2018 KLE Group Limited (KLE) has advised that Mr. Kevin Robinson who was the General Manager for Tracks and Records Montego Bay has resigned from the company effective July 21, 2018.
July 26, 2018 Barita Investments Limited (BIL) has advised that by letter dated July 19, 2018, Cornerstone Investments Holdings Limited (“Cornerstone” or the “Offeror”) notified the Board of Barita Investments Limited (“Barita” or the “Company”) that it was making an offer to the shareholders of Barita for 100% of the issued shares of the Company.
July 26, 2018 Carreras Limited (CAR) has advised that at a meeting of the Board of Directors held on July 25, 2018 the Directors declared an interim dividend of $0.16 per stock unit and a special dividend of $0.11 per stock unit to be paid out of accumulated profits on August 30, 2018 to stockholders
Date: July 26, 2018 Caribbean Cement Company’s (CCC) AGM was held today July 26, 2018 and was hosted by Mr. Parris A. Lyew- Ayee, chairman of Caribbean Cement Company who commenced by the usual welcoming and introductions. This was shortly followed by the independent auditor’s report. From the director’s report, it was highlighted that turnover
July 26, 2018 The Bureau of Labour Statistics indicated that, “From September 2017 to December 2017, gross job gains from opening and expanding private-sector establishments were 7.8 million, an increase of 537,000 jobs gained over the quarter.” It was also noted that gross job losses from closing and contracting private sector establishments were 6.8 million,
Date: July 26, 2018 Supreme Ventures Limited (SVL), for the six months ended June 30, 2018 reported a 13% increase in revenues for the period to total $30.95 billion, up from $27.37 billion in 2017. For the second quarter, revenues totaled $15.66 million relative to $13.98 million in 2017. Revenues from the company’s segments were
July 25, 2018 Pulse Investments Limited (PULS) has advised that at a meeting held on July 20, 2018, the Board of Directors discussed management fees paid by the company. After said deliberations, the Board decided that Chairman, Director of Special Projects, major shareholder and former CEO, Mr. Kingsley Cooper, will no longer receive management fees from
July 25, 2018 The U.S. Bureau of Economic Analysis indicated that, “Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the first quarter of 2018. Notably, Washington had the fastest growth in the first quarter with a percentage change in real GDP ranging from 3.6 percent to -0.6 percent
