NCB Financial Group Limited (NCBFG) has advised that Mr. Warrick Ward, Chief Executive Officer and Director of NCB Capital Markets (Barbados) Limited (NCBCMBL), demitted office on September 29, 2017. NCBFG further advised that Mr. Angus Young, CEO of NCB Global Finance Limited and Director of NCBCMBL, will have oversight of NCBCMBL in the interim.
Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased a total of 461,486 SJ shares during the period October 4 to 6, 2017.
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased a total of 87,478 SJ shares during the period October 3 to 4, 2017.
On October 09, 2017, Jamaica Broilers Group Limited (JBG) advised the public of its acquisition of a second hatchery in the United States. The hatchery acquired was previously operating as Bell & Evans Hatchery in Big Valley, Pennsylvania. The Group has indicated the new facility will be renamed International Poultry Breeders Hatcheries Inc. the acquisition
World economic growth improving, even as U.S., UK potential slows: IMF The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on Tuesday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India. The IMF upgraded its global economic
Jamaica Broilers Group Limited (JBG) has advised that it has acquired a second Hatchery in the United States, which is expected to grow its hatching capacity by 40%. Previously operating as Bell & Evans Hatchery, in Big Valley, Pennsylvania, the new facility will be renamed International Poultry Breeders Hatcheries, Inc. The acquisition was finalized on
Sagicor Bank Jamaica Limited (SBJ) has advised that at a Board of Directors’ meeting scheduled for October 13, 2017 an interim dividend payment will be considered for its sole ordinary shareholder.
Sagicor Group Jamaica Limited (SJ) has declared an interim dividend of $0.58 per share payable on October 31, 2017 to shareholders on record as at October 20, 2017. The ex-dividend date is October 18, 2017.
Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in the NIR resulted from a 13% or US$532.27 decline in Foreign Assets to total US$3,714.94 million compared to US$4,247.21 million
Europe: ECB still concerned about existing stock of bank bad loans: Mersch The European Central Bank is still concerned with the stock of bad loans clogging up bank balance sheets in the euro zone, ECB Executive Board member Yves Mersch said on Monday. The ECB last week issued new proposals that will force banks from
