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Category: Business & Economy

Business & Economy

Wigton stock buffeted in heavy trading ahead of ownership cap removal

infojamaica
March 10, 2024

Wigton Windfarm Limited will remove its 10 per cent cap on individual ownership in two months, but already, investors are repositioning with heavy share transactions, the most robust of which occurred on Thursday…

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Business & Economy

Coffee and water don’t always mix

infojamaica
March 10, 2024

Recent rains have led to nearly $500 million in lost coffee crops. Farmers lost up to 30 per cent of their beans, which were often too fat to hang on to the tree…

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Business & Economy

Wigton primed but not ready yet with turbine replacements

infojamaica
March 8, 2024

Wigton Windfarm Limited, whose energy operations was been built out in three phases over time, has got on extension on its power supply contract with Jamaica Public Service Company, JPS, while it works…

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Business & Economy

AS Bryden acquires controlling stake in Barbados premium rum trader

infojamaica
March 8, 2024

A.S. Bryden…

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Business & Economy

Regency looking towards a better year two

infojamaica
March 6, 2024

More than a year after its listing on the stock market and a more than one-third spike in annual sales revenue, Regency Petroleum Company, RPL, is bullish on business in 2024 amid expansion….

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Business & Economy

Stocks and the elections

infojamaica
March 6, 2024

Investment company Mayberry foresees a “sexy” stock market emerging by year end, based on government’s enlarged budget, which the company’s officers describe as positioning for the general election. “We now have a clear…

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Business & Economy

JetBlue, Spirit end merger plan after a federal judge blocked the deal

infojamaica
March 5, 2024

JetBlue Airways and Spirit Airlines are ending their proposed US$3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit’s lower fares. JetBlue said…

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Business & Economy

Record profit for New Fortress

infojamaica
March 3, 2024

American natural gas supplier New Fortress Energy, NFE, racked up record profit of US$548 million year, bettering its previous annual outturn by 180 per cent. “This year was a record by all of…

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Business & Economy

Sagicor Group scores $14b profit

infojamaica
March 3, 2024

Sagicor Group Jamaica Limited, SGJ, has made annual profit of $14.4 billion for its shareholders, recording gains on all its main business segments, except for investment banking due to the continuing effects of…

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Business & Economy

Wisynco launches big recruitment drive in countdown to August

infojamaica
March 1, 2024

Manufacturing and distribution company Wisynco Group is looking towards August to wrap up the current multibillion-dollar expansion programme but has already put a new production line into operation. It has also launched a…

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