C2W MUSIC LIMITED (MUSIC) Six months Results as at June 30, 2017:- C2W recorded revenue within the second quarter of US$2,876 relative to US$5,117 in 2016. For the six months the company recorded revenue of US$2,876 a 46% decline compared to $5,356 reported in 2016. C2W spent US$13,799 on total expenses compared to US$23,024 last
U.S.: U.S. consumer spending barely rises; core inflation retreats U.S. consumer spending barely rose in August likely as Hurricane Harvey weighed on auto sales and annual inflation increased at its slowest pace since late 2015, pointing to a moderation in economic growth in the third quarter. The weak report from the Commerce Department on Friday
According to Bureau of Economic Analysis the U.S. economy grew faster than previously estimated in the second quarter, recording its fastest growth since 2015. The growth rate was 0.1% more than the “second” estimate released in August. In the first quarter, real GDP increased 1.2%. However, the report also advised that the momentum probably slowed
Lasco Distributors Limited (LASD) has advised that a Director sold a total of 1,000,000 LASD shares during the period September 19 to 22, 2017.
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased 32,489 CPJ shares on September 26, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a related party sold 4,401 SJ shares on September 18, 2017.
Jamaica Broilers Group Limited (JBG) has declared an interim dividend of $0.17 per share payable on November 3, 2017 to shareholders on record as at October 10, 2017. The ex-dividend date is October 6, 2017.
Proven Investments Limited (PROVEN) has advised that at a Board of Directors’ meeting scheduled for November 2, 2017 an interim dividend payment will be considered for both ordinary and preference shareholders.
U.S.: Bond Rout Persists on Tax Plan, Rates; Euro Gains: Markets Wrap Europe’s core government bonds extended a selloff, tracking a drop in Treasuries amid optimism over the U.S. economy and President Donald Trump’s tax-cut plan. Stocks edged lower and the dollar drifted as investors began to assess the implications of the much-anticipated tax proposal.
Sagicor Group Jamaica Limited (SJ) has advised that an Executive sold 30,000 SJ shares and a connected party purchased 257,496 SJ shares on September 26, 2017.
