Europe: German inflation accelerates past expectations, preliminary figures show German inflation accelerated ahead of expectations in November, the Federal Statistics Office said on Wednesday, with consumer prices rising 1.8 percent year-on-year, compared to the 1.7 percent forecast by analysts polled by Reuters. The preliminary numbers, harmonized to make them comparable with inflation data from other
Jetcon Corporation Limited (JETCON)has advised that a Director sold 9,000 JETCON shares on October 9, 2017.
Kingston Wharves Limited (KW) has advised that at a Board of Directors’ meeting scheduled for December 4, 2017 an interim dividend payment will be considered.
International expert on corporate governance, Oliver Orton, will be the guest speaker for the 2017 finale of the Mayberry Investments Limited’s invitation-only monthly Investor Forum, scheduled for this Wednesday at The Jamaica Pegasus Hotel in New Kingston. See link below. Corporate Governance Expert For Mayberry Investor Forum In addition to the Mayberry Forum, Orton will
Asia: China to set up system to monitor its firms overseas China’s state planner issued guidelines on Tuesday for monitoring the overseas activities of Chinese firms and individuals to prevent tax fraud, money laundering, illegal financing, and activities damaging to the country’s reputation. In a statement on its website, the National Development and Reform Commission
Lasco Distributors Limited (LASD) has advised that in the matter of Pfizer Limited vs LASD, the formal order was signed by Honourable Mrs. Justice Vivene Harris and filed on November 24, 2017. The amount awarded for damages and interest up to the 3rd November, 2017 was J$273,278,243.00. LASD has further advised of its intention to
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party sold a total of 1,273,549 CPJ shares during the period November 20 to 21, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer and a connected party sold a total of 184,456 SJ shares. SJ further advised that two connected parties purchased a total of 3,590,031 SJ shares. These transactions were conducted during the period November 23 to 24, 2017.
NCB Financial Group Limited (NCBFG) On November 22, 2017, NCBFG advised that a connected party sold 4,350,000 NCBFG shares. This transaction was conducted on November 21, 2017. NCBFG has subsequently indicated that the correct number of shares sold was 4,371,875 and not 4,350,000 as previously advised.
Honey Bun Limited (HONBUN) For the Year ended September 30, 2017: Honey Bun Ltd. reported revenue for the financial year totalling $1.25 billion, an increase of 5% compared to the $1.19 billion booked for the prior financial year. For the fourth quarter revenue saw a 2% decline to total $281.70 million relative to $286.76 million
