U.S.:Futures slip as U.S. crude falls below $50U.S. stock index futures dipped slightly on Thursday as U.S. crude prices fell below $50 and investors remained cautious ahead of Friday's nonfarm payrolls data that could move the needle on an interest rate hike next week. Also on investors' minds is a policy announcement from the European
U.S.:Treasuries On Worst Run Since '12 as Pound Slides: Markets WrapU.S. Treasuries headed for the longest losing streak in five years before Wednesday’s debt auction and as investors prepare for the Fed to raise borrowing costs as early as next week. The dollar rose, while sterling extended its decline ahead of the U.K. budget. The
National Commercial Bank Jamaica Limited (NCBJ) thas advised that Mr. Julian Jordan has been appointed to the Board of Directors of NCB Capital Markets (Barbados) Limited effective March 6, 2017.
Sagicor Group Jamaica Limited (SJ) Advised that four Executives sold a total of 897,316 SJ shares. SJ further advised that an Executive and a related party purchased a total of 871,394 SJ shares. These transactions were conducted on March 6, 2017 under the Executive Long Term Incentive Scheme.
U.S.:Trade Deficit in U.S. Widens to Largest in Almost Five YearsThe U.S. chalked up its largest trade deficit since March 2012 as a jump in merchandise imports in January exceeded a smaller gain in shipments overseas. The gap in goods and services trade increased by 9.6 percent to $48.5 billion, matching the median forecast in
Jamaican Teas Limited (JAMT)Advised that an agreement for the purchase of GOJ 42.59% interest in KIW was signed on Friday, March 3, 2017 .JAMT has also advised that the purchase price is $57,000,000.00 and that an initial deposit of $10,000,000.00 has been paid with the balance payable in approximately thirty (30) days. JAMT has further
Trinidad Cement Limited (TCL) An Officer sold 57,149 TCL shares on March 2, 2017 under the company’s Employee Ownership Plan (ESOP).
Mayberry Investments Limited (MIL)A connected party purchased a total of 2000 MIL shares on March 3, 2017.
Kingston Properties Limited (KPREIT) has advised that their Board of Directors will be considering a stock split at its next meeting on March 31, 2017.
AMG Packaging and Paper Company Limited (AMG) has announced the sub-division of the ordinary stock units of the Company, to take effect from the opening of trading on Friday, 10 March 2017.On that date, each ordinary stock unit will be sub-divided into five (5) stock units. This will not affect the overall market value of