Small
exposure to the Lehman collapse - JMMB September 19, 2008 -
Jamaica Money Market Brokers (JMMB), the island's third largest
securities trader, estimates that about three per cent of the company's
own-account investment portfolio is exposed to last weekend's collapse
of the US investment bank, Lehman Brothers.
VMBS
takes 20 per cent of Prime Asset Management September 19, 2008 - Victoria Mutual Build-ing Society (VMBS), which has been busy attempting
to transform itself from a mortgage bank to a broad-based financial services
company, yesterday acquired 20 per cent of Prime Asset Management, the
pension funds managers controlled by the privately held ICD Group.
Call
for better alternative energy incentives September 19, 2008 - A partner in one of Jamaica's top law firms has advised the
govern-ment that it needs to be far more generous with tax incentives
to encourage domestic investment in alternative energy use and cited
Barbados as a regional example to emulate.
Ethanol
exports, higher poultry prices push Ja Broilers Q1 profits September 19, 2008 - Export of ethanol and higher prices for poultry meat boosted
both gross income and helped Jamaica Broilers double its net profit,
to $180.91 million, in this year's first quarter, when compared
to last year.
Hindsight is always 20/20; some say even better - telescopic! It
can't be overstressed really that in matters of financial sector
regulation, there's no room for ideological or technically unwarranted
regulatory practice.
Although the Government has been less than forthcoming about the
recent controversial pay-to-stay arrangement with American Airlines
(AA), the circumstances leading to the deal portend the challenges
that face the Bruce Golding adminis-tration as it contemplates the
future of Air Jamaica.
If you would like to get your company in this slot click
here.
Power
106 The Boardroom,is just one of many exciting feature on Independent
Talk
Power 106 FM, under its new theme Freedom to express yourself is striving
to provide a forum for every sector, group and citizen to participate in...
Credit
unions - a case for credit ratings September 19, 2008 - Credit unions throughout the Caribbean have experienced strong
growth over the last few years. Indeed, in Trinidad their asset base now
exceeds TT$6 billion, approximately 14 per cent that of aggregate commercial
bank deposits in the country.
Trinidad
examines impact of America's turmoil - Early signs of minimal fallout September 19, 2008 - Trinidad and Tobago has launched a full review of the likely effect
of America's banking turmoil on the country's economy, but according to
finance minister Karen Nunez-Tesheira initial assessment is that the impact
in the short term will be minimal.
In this essay, we take a brief look
at the basic principle, strategies and nuances that drive the stock market in
general and individual portfolios in particular.
This essay is the 2nd part of A New Mindset For New Investors. It
focuses on some of the strategies, which, if implemented, will endow to your success.
US stocks surge on report of entity
to absorb bad debt September
19, 2008 -
Wall Street rallied in a stunning late-session turnaround Thursday,
shooting higher and hurtling the Dow Jones industrials up 410 points following
a report that the federal government may create an entity that will take
over banks' bad debt.
Officials:
NY state could lose $3b in taxes, 40,000 jobs September
19, 2008 -
A new projection shows Wall Street's meltdown will likely cost
New York state up to 40,000 private sector jobs and US$3 billion in tax
revenues over the next two years, two state officials said Thursday.