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Tag Archives: stocks

  1. ibex Takes Firm Hold of BPO Industry Leadership in Jamaica – Opens its Fifth Site in Five Years

    ibex (NASDAQ: IBEX), a global leader in business process outsourcing (BPO) and end-to-end customer engagement technology solutions, today announced the opening of its new Campus location in the Sunshine City area of Portmore, Jamaica. The new facility will create 1,300 digitally-enabled jobs, bringing the company’s total employment on the island to more than 6,500 people. “The […]

    August 4, 2021BusinessNo comments
  2. DR Central Bank: Year could end with 5-6% GDP growth

    Less tax revenues and more social spending during the Covid-19 pandemic have led to an increase in borrowing and consequentially in the national debt. The consolidated public debt closed in 2020 at about US$53 billion. Yet, the Dominican Republic’s Central Bank is bullish, their Dominican economy is gradually yet firmly recovering. The Central Bank released […]

    March 10, 2021Business, FeaturedNo comments
  3. Strong Performance for Fortress Funds in fourth quarter of 2020

    Fortress Fund Managers posted one of its strongest-ever performances in the fourth quarter of 2020 as world equity markets continued their recovery from a turbulent year, reminding investors that a focus on the long-term and diversification remain essential. The leading fund manager reported that its global equity investments led the way during the quarter, with […]

    January 31, 2021BusinessNo comments
  4. Sustainable recovery underway despite challenging year, Fortress reports

    In a year described as “challenging” and “volatile” with “mixed returns” in some funds, Fortress Fund Managers (FFM) has generated solid returns for investors. Investment Director Roger Cave made this assessment in the leading fund manager’s 2020 Annual Reports for the Fortress Caribbean High Interest Fund, the Fortress Caribbean Growth Fund, and the Fortress Caribbean […]

    December 23, 2020BusinessNo comments
  5. Strong finish to a strong year for Fortress Fund Managers

    Leading fund manager Fortress Fund Managers achieved “a strong finish to a strong year” across its suite of Barbados and US dollar funds in 2019. In its fourth quarter report shared recently with investors, Fortress highlighted success in its three Barbados dollar funds, the Fortress Caribbean Growth Fund, the Fortress Caribbean High Interest Fund, and […]

    February 17, 2020BusinessNo comments
  6. Fortress Fund Managers reports 2019 a good year for investors so far

    A leading fund manager, Fortress Fund Managers, is reporting that 2019 has been a good year for investors so far, with its equity investments holding steady and bonds showing some gains at the end of its third quarter, in spite of “a noisy summer” in the investment world which pushed markets “alternately up and down”. […]

    November 19, 2019BusinessNo comments

    Republic Financial Holdings Limited (RFHL) and its subsidiaries recorded profit attributable to shareholders of the parent of US$117.3 million for the period ended March 31, 2019. This figure was impacted by two significant one-off items, the net impact of which positively increased profits by US$13.9 million. Firstly, the bank in Trinidad and Tobago amended the […]

    May 3, 2019Business, FeaturedNo comments
  8. Royal Fidelity Management Buyout: What Bajans Need To Know

    Royal Fidelity Merchant Bank & Trust Limited announced as a result of a management led buyout, RF Holdings Limited (“RF Holdings“) a newly formed Bahamian holding company, has agreed to acquire 100% of its issued and outstanding shares that were previously held on a 50/50 basis by RBC Royal Bank of Canada and Fidelity Bank […]

    February 6, 2019Business, FeaturedNo comments

    Regional and International investors now have greater investment options with the listing of Productive Business Solutions Limited (PBS), the parent of the PBS group of companies, on the Barbados and Jamaica Stock Exchanges. PBS, an international business company incorporated and licensed under the laws of Barbados, was welcomed to the International Securities Market (ISM) by […]

    November 6, 2017Breaking News, Business, FeaturedNo comments

    Goddard Enterprises Limited (GEL) signed an agreement with Art Holdings Inc. (Art Holdings) to acquire 100% of the shares in Marshall Trading Limited (Marshall Trading), a subsidiary of Art Holdings. The agreement took effect from June 30th, 2017, however the complete transfer process should be concluded in three months’ time, though the company will now […]

    July 18, 2017Breaking News, Business, FeaturedNo comments
  11. Network Investments Drive CWC/Flow’s Broadband Subscribers up Eight Per Cent

    Cable & Wireless Communications (CWC) trading as Flow delivered a solid first quarter performance as the organic changes for all of their fixed and mobile product categories improved year-over-year. In Flow’s mobile business, which is approximately 40% of total revenue, the total base increased by 148,000 subscribers or 4% year-over-year to 3.7 million. This performance […]

    August 7, 2016Breaking News, Business, FeaturedNo comments
  12. ICBL Poised to Finish 2015 Strong – Encouraging Signs Being Seen for 2016

    ICBL (The Insurance Corporation of Barbados Limited) is poised to finish the year strongly, supporting recent arguments that there are signs of improvement being seen in the Barbados economy. In its nine month report for the period ended September 30, 2015, ICBL reported positive results in a number of key areas, in particular shareholder income […]

    December 17, 2015BusinessNo comments
  13. ANSA McAL, ignominious in defeat?

    Despite the fact how many Bajans seem to view the move as being vindictive in defeat – Trinidadian giant ANSA McAL continues to wait on the Supreme Court of Barbados before making its next move, after spending 10’s of millions of dollars in their attempt to become the owners of Banks Holdings Limited (BHL) . […]

    December 13, 2015Business, FeaturedNo comments
  14. Testosterone War Over BHL proceeds apace – Increased price offer from SLU?

    SLU Beverages, Ltd. wishes to advise all shareholders of Banks Holdings Limited of its intention to amend its previous offer to purchase all issued and outstanding common shares in Banks Holdings Limited to an increased gross cash price of BDS $7.10 (seven Barbados dollars and ten cents), reduced by any Barbados Stock Exchange fees applicable […]

    December 6, 2015ControversyNo comments
  15. Who has a bigger d**k? ANSA McAL INCREASES B.H.L OFFER TO $7.20

    ANSA Mc AL (Barbados) Limited upped the ante yet again for shareholders of Banks Holding Limited (BHL) by making a bid to purchase 100 percent of the issued Common shares in BHL at an upwardly revised BBD $7.20. This amended unconditional offer represents an increase of 20 cents over the last offer announced by ANSA […]

    December 6, 2015BusinessNo comments

    ANSA McAL Limited (ANSA McAL) is advising all shareholders of Banks Holding Limited (BHL) of its intention to amend its offer to purchase 100 percent of the issued Common shares in Banks Holdings Limited (BHL) to BBD $7.00. This amended offer represents an increase of $1 over the last offer made by ANSA McAL on […]

    November 22, 2015Breaking News, Business, FeaturedNo comments

    ANSA McAL (Barbados) Limited will be appealing the Courts’ decision last Friday to lift the injunction that blocked trading of shares and bidding for control of Banks Holdings Limited. President, CEO of ANSA McAL (Barbados) Limited. Most of the BHL shareholders who intend to join with ANSA McAL in the class action suit have shareholding […]

    November 18, 2015Breaking News, Business, FeaturedNo comments
  18. Post Ruling Ansa McAL $6.00 Share offer stands

    Ansa McAL has had an interest in ownership of Banks Holdings Limited (BHL) for over a decade and we will vigorously continue in our efforts to ultimately own the business. However, the Trinidadian conglomerate wishes to assure all interested Barbadians that ANSA Mc AL’s unconditional $6.00 per share offer stands and is still the highest […]

    November 16, 2015Business, FeaturedNo comments

    Ansa McAl (Barbados) Limited at 6 pm Tuesday was successful in getting an interim injunction until November 11 from the Courts of Barbados against any further trading of Banks Holdings Limited (BHL) shares on the Stock Exchange or otherwise. This injunction which was granted by Sir Marston Gibson, Chief Justice of Barbados, means that until […]

    November 4, 2015Breaking News, Business, FeaturedNo comments
  20. “THE BIG SHORT” (Brad Pitt, Steve Carell, Christian Bale, Ryan Gosling)

    When 4 outsiders saw what the big banks, media and government refused to, the global collapse of the economy, they had an idea: The Big Short. Their bold investment leads them into the dark underbelly of modern banking where they must question everyone and everything. Based on the true story and best-selling book by Michael […]

    October 8, 2015Business, Cinema, Video GalleryNo comments
  21. “The Big Short” (2015) – Brad Pitt, Christian Bale

    The men who made millions from a global economic meltdown.

    September 25, 2015Business, Cinema, Video GalleryNo comments
  22. CWC’s 1st Quarter Trading in line with outlook & Columbus integration progressing well

    This announcement provides an update on the First Quarter performance and financial position of the Group since the year ended 31 March 2015. Interim results for the period ending 30 September 2015 are expected to be announced on 5 November 2015. Highlights Group revenue of US$583 million, up 4% CWC (excluding Columbus) revenue grew by […]

    July 22, 2015Business, FeaturedNo comments
  23. “Sniggering at China not in anyone’s interest” by Sir Ronald Sanders

    The rapid and continuing slump of the stock market in China has so far been domestically concentrated, but there will be some effect that could reduce global economic growth. So no country should assume that this is a distant problem from which they are entirely insulated. China is no ordinary country. Over 33 years, from […]

    July 15, 2015Business, FeaturedNo comments
  24. Fortress Caribbean Property Fund resumes trading on Trinidad Stock Exchange

    The shares of Fortress Caribbean Property Fund Ltd., SCC are once again trading on the Trinidad and Tobago Stock Exchange (TTSE) after a nearly two-year break. And with this move investors in both Trinidad and Tobago and Barbados will benefit from a larger pool of potential traders that the resumption of trading on the TTSE […]

    May 20, 2015Business, FeaturedNo comments
  25. HBO PREMIERES IN MAY: Martin Scorsese’s “THE WOLF OF WALL STREET” w/Matthew McConaughey, Jonah Hill, Margot Robbie and Leonardo DiCaprio

    HBO presents its exclusive movie premieres during the month of May, debuting each Saturday at 21:00 hrs. AST* in the Caribbean. HBO continues its commitment to bring audiences the best box office hits from the world’s top studios, including Warner Bros. Pictures, Universal Studios, Walt Disney Studios and Sony Pictures Entertainment, as well as a […]

    May 2, 2015Business, Photo GalleryNo comments