U.S.: Risky Business Set to Dominate High-Yield Bond Market in 2018 If 2017 is judged to be the year of big but boring refinancings for the European high-yield market, next year is shaping up to be a different proposition with leveraged buyouts and lower-rated credits expected to drive a bigger share of bond sales. Yield-hungry
Lasco Financial Services Limited (LASF)has advised that a connected party sold a total of 45,219 LASF shares on October 13, 2017.
Sterling Investments Limited (SIL) has advised that a Director purchased 41,695 SIL shares and that three connected parties purchased a total 6,824 SIL shares. These transactions were conducted on October 9, 2017 under the company’s Dividend Reinvestment Programme (DRIP).
Sagicor Group Jamaica Limited (SJ) has advised that a senior officer purchased 300,991 SJ shares and that a related party sold 300,991 SJ shares. These transactions were conducted on October 18, 2017.
Jamaica Broilers Group Limited (JBG) has advised that a Director and senior manager sold a total of 1,233,970 JBG shares on October 12, 2017.
Brent Oil Brent oil prices rose by 1.74% (US$0.98), as prices declined this week. Oil traded on October 19, 2017 at a price of 567.23 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.41% (US$0.48 ). Additionally 90 Octane increased by 0.40%
U.S.: Low pay, no bonus: U.S. retailers struggle with hiring U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. Retailers including Macy’s Inc and J.C. Penney have
Berger Paints Jamaica Limited (BRG) has confirmed that the Take-over Bid Offer by ANSA Coatings International Limited (ANSA) which opened on September 7, 2017 for the remaining shares representing 48.99% or 104,990,171 BRG shares, closed on October 9, 2017. ANSA has taken up and purchased 6,667,570 shares representing 6.35% of the 104,990,171 shares held by
