May 11, 2018 United States: The U.S. Yield Curve Is the Flattest Since August 2007 The Treasury yield curve from 5 to 30 years flattened Thursday to the lowest level since August 2007, as a combination of weaker-than-expected U.S. inflation and solid demand for a record bond auction bolstered investor confidence in owning long-dated securities.
May 10,2018 Berger Paints Jamaica (BRG) 66TH Annual General Meeting was held today, at the Courtleigh Hotel. Opening remarks were made by Mr. Ray Sumairsingh, Berger’s Chairman, where he highlighted the acquisition of Berger Paints Jamaica by the ANSA McAL Group in July 2017. As such, Director/ General Manager, Andy Mahadeo emphasized that the
May 10, 2018 JMMB Group Limited (JMMBGL) has advised that at a Board of Directors’ meeting scheduled for May 24, 2018, an interim dividend payment to ordinary shareholders of the Company will be considered.
Daily Market Summary 10.05.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may
May 10,2018 Expressed in United States dollars (except where it is indicated otherwise) Caribbean Producers Jamaica Limited (CPJ) for the nine months ended March 31, 2018 reported Revenues growing 13% from $72.33 million, to close the period at $81.65 million compared to the prior year. For the third quarter, the company posted a 6% growth in revenues
May 10,2018 United States: KKR Co-Founder Expresses Optimism About U.S. Economy, Fed Moves Henry Kravis, co-founder of private equity firm KKR & Co., is upbeat about the U.S. economy this year and next, and says the Federal Reserve is doing the right thing getting back to normal. “Interest rates are starting up but they are still
May 9, 2018 While the number of job openings increased to 6.6 million for March 2018, hires, separations and quits (which is a portion of separation) all recorded little change. In other words, the change that occurred in these items were statistically insignificant. According to the Bureau of Labor Statistics in a most recent report,
Date: May 09, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a connected party sold 6,000 SJ shares on May 4, 2018.
May 9, 2018 Interest income declined by 5% during the six month period, amounting to $511.74 million relative to $540.44 million for the comparable period in 2017. Interest expense also declined to close at $322.43 million compared to $394.49 million in 2017. As a result, net interest income increased by 30% to $189.31 million relative
May 09,2018 United States: Central Banks Sounding More Cautious as Fed Holds: Economy Week The Federal Reserve took a pass this week on raising interest rates while appearing ready as ever to pull the trigger amid quickening inflation. Central bankers in other parts of the world though are showing signs of cold feet on tightening
