U.S.:U.S. bond funds attract cash, shaking off inflation fearsU.S.-based taxable bond funds netted cash for the first time in four weeks, Lipper data released on Thursday showed, a sign that savers may be less wary than the Federal Reserve of inflation under the incoming Trump administration. The funds attracted $1.2 billion in the week through
Kingston Properties Limited (KPREIT) has advised that on January 10, 2017 its acquisition of a fully tenanted, mixed use building located in the West Bay Beach South area in the Cayman Islands was completed. KPREIT further advised that the building comprises offices, retail outlets and residences along the Seven Mile Beach corridor.
AMG Packaging & Paper Company Limited (AMG) has advised that at a Board of Directors’ meeting scheduled for January 17, 2017 an interim dividend payment will be considered.
GraceKennedy Limited (GK) has advised that 50,426 GK shares were acquired by a Senior Officer on January 4, 2017 pursuant to the exercise of stock options. The option exercised was under the cashless settlement option method.
Access Financial Services Limited (AFS) traded at its 52-week high of $25.30.
Blue Power Group Limited (BPOW) traded at its 52-week high of $36.00.
Trinidad Cement Limited (TCL) has advised that on January 9, 2017, its Board of Directors was presented with a Notice of Change and Variation issued in Trinidad & Tobago by Sierra Trading (Sierra), an indirect subsidiary of CEMEX, S.A.B. de C.V. regarding their Offer and Take-Over Bid Circular dated December 5, 2016 (the Offer) to
Jamaican Teas Limited (JAMT) has advised that at a Board of Directors’ meeting scheduled for February 9, 2017 an interim dividend payment will be considered.
U.S.:U.S. Small-Business Optimism Index Surges by Most Since 1980Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election. The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end
CEMEX announces change and variation to take-over bid for Trinidad Cement Limited· New offer price of TT$5.07 represents 50% premium· Includes option for shareholders in Trinidad and Tobago and Jamaica to be paid in U.S. DollarsCEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) today announced that its indirect subsidiary, Sierra Trading (“Sierra”), will present a change