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  1. Fitch Revises National Commercial Bank Jamaica Limited's Outlook to Positive; Affirms Ratings


    Mon, 9 Mar 2015

    was released by the rating agency) NEW YORK, March 09 (Fitch) Fitch Ratings has affirmed the National Commercial Bank Jamaica Limited's (NCBJ) long-term foreign currency and local currency Issuer Default Ratings (IDRs) at 'B-' and its

  2. Quality Over Quantity, Alumina Limited's Drive to the Lowest Cost Quartile


    Mon, 24 Nov 2014

    the sale of its 55% (1.4 million tonne per annum, or Mtpa) equity stake in the Jamalco alumina refinery and mines in Jamaica for USD 140 million. Jamalco is a high-cost oil-fired refinery and its sale will leave gas underpinning 80% of

  3. Fee-Based Businesses Drive Earnings Growth at Royal Bank of Canada During 3Q


    Fri, 22 Aug 2014

    slightly above our expectations. Even with after-tax losses of CAD 40 million related to the closing of the sale of its Jamaican banking operations, Royal earned a strong 19.6% return on equity for the quarter compared with 21.3% a year ago

  4. Break in Six Quarter Profit Growth Trend Immaterial, No Change in View


    Tue, 8 Jul 2014

    2016. In support are start-up of the low-cost Alba refinery in Saudi Arabia, the intended sale of Jamalco refinery in Jamaica , and Spain transitioning from oil to gas in 2015. Our 2015 earnings forecast is unchanged at AUD 0.18 per share

  5. Royal Bank of Canada Posts Strong 2Q Results as It Dismisses Interest in U.S. Mass Market Banking


    Thu, 22 May 2014

    or CAD 1.27 per diluted share, a year ago, which was in line with our expectations. With the losses related to the Jamaican banking divestitures behind it, Royal earned a solid 19.1% return on equity for the quarter compared with 18.7

  6. CIBC Incurs Impairment Charge on Caribbean Operations; Fair Value Estimate Unchanged


    Fri, 16 May 2014

    operations of other Canadian banks there. In January, Royal Bank of Canada entered into a definitive agreement to sell its Jamaican banking operations while also incurring goodwill-impairment charges of CAD 60 million. In addition to the goodwill

  7. couple of things that are cheaper than WhatsApp


    Fri, 21 Feb 2014

    11b 3. USS Ford Aircraft Carrier $13b 4. Top 20 football clubs in the world $16b 5. London Olympics $10.4b 6. Clean water and sanitation for the entire planet $10b 7. World music industry $16b 8. Jamaica $15b 9. Iceland $14b

  8. Royal Bank of Canada to Sell Jamaican Banking Operations


    Wed, 29 Jan 2014

    Canada announced it has entered into a definitive agreement to sell its Jamaican banking operations, RBC Royal Bank ( Jamaica ) and RBTT Securities Jamaica (collectively RBC Jamaica ), to Sagicor Group Jamaica . While terms of the deal were not disclosed

  9. Lights, Camera, Action — and Government Incentives for Latin American Films


    Tue, 1 Oct 2013

    on shooting their film in Jamaica . The feature is based on the life that young Jamaicans encounter when they are ..... around the capital city of Kingston . In addition, the co ..... are both natives of the Caribbean country. “I’m Jamaican -born and [grew up ..... seemed natural to film in Jamaica .” Also, “we wanted to work with the Jamaican film commission. We told ..... inexperienced compared to Jamaica , which has long served ..... attract film productions. From Jamaica to Trinidad and from

  10. Meteorologists retire "Sandy" from list of hurricane names


    Thu, 11 Apr 2013

    MIAMI (Reuters) - The World Meteorological Organization has retired "Sandy" from its rotating list of hurricane names because of the devastation last year's storm by that name caused in Jamaica , Cuba and the northeastern United States, forecasters said on Thursday.

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