Date: October 26, 2018 United States: U.S. GDP Grows Above-Forecast 3.5% on Consumption, Inventories The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. The annualized rate of gains in gross
Date: October 25, 2018 Caribbean Cement Company Limited (CCC) for the nine months ended September 30, 2018 total revenue grew by 8% amounting to $13.24 billion, up from $12.26 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.86 billion, an increase of 59% relative to $2.43 billion for
October 25, 2018 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 11,000 MJE shares on October 23, 2018.
October 25, 2018 Victoria Mutual Investments Limited (VMIL) has advised that a Board of Directors’ meeting is to be held on Tuesday, November 13, 2018, for consideration to be given by the Board for the payment of an interim dividend to shareholders.
October 25, 2018 JMMB Group Limited (JMMBGL) has advised that the Board of Directors will be convening a special board meeting on November 9, 2018 to consider an interim dividend payment on the Company’s ordinary shares.
Brent Oil Brent oil prices decreased by 2.65% or US$2.09, as prices declined this week. Oil traded on October 25, 2018 at a price of US$76.70 per barrel relative to US$78.79 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.52% (JMD$2.12). Additionally,
Date: October 25, 2018 United States: U.S. Stock Futures Climb; Euro Holds Gains on ECB: Markets Wrap An equities rout that wiped out the year’s gains in U.S. stocks took a breather Thursday, as futures advanced and European shares steadied, even as Asia gauges extended declines. The euro rose after the European Central Bank held
October 24, 2018 Ironrock Insurance Company Limited (ROC) has advised that a connected party sold 250,000 ROC shares on October 22, 2018.
October 24, 2018 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party sold 3,529,682 MJE shares during the period October 19 to 22, 2018.
Date: October 24, 2018 United States: Stocks Open Mixed After Boeing Beats; Oil Gains: Markets Wrap U.S. stocks opened mixed as upbeat corporate results from companies including Boeing Co. helped turn the earlier gloomy mood. European stocks rallied, while Asian shares slipped even as China’s gauge climbed. The dollar strengthened as the euro slumped. The
