02082012Headline:

CLICO downgraded to ‘weak’

Trinidad-based Colonial Life Insurance Company Limited (CLICO) has been downgraded by international credit rating agency AM Best while still remaining under review with negative implications, the ratings agency announced last Friday… Continued [...]

Cement waiver upheld by CCJ – TCL ‘welcomes clarity’ of CET suspensions

Trinidad Cement Company (TCL), the parent of seven firms involved in the production and sale of cement in the Caribbean, says it welcomes the clarification of the Common External Tariff (CET) suspension process within the region… Read [...]

Carib Cement sales grow as exports climb – Threatens to sue over local market share

Still facing the prospect of further competition from imports, monopoly cement producer Caribbean Cement Company Limited’s domestic sales slumped in the June quarter but were offset by cement and clinker exports… Read more from the [...]

Air Jamaica, NCB ratings also cut

Standard & Poor’s has cut credit ratings on Air Jamaica and National Commercial Bank of Jamaica, bringing them in line, as its policy dictates, with Jamaica’s sovereign ‘CCC+’ rating on local and foreign currency [...]

GK returns to core – Sells stakes in Fidelity, Versair to Goddard

GraceKennedy Limited has sold out its minority interest in Fidelity Motors Limited and its majority holdings in Versair In-Flite Services Limited to partner Goddard Enterprises Limited, saying the divestments were part of a programme to return [...]
Page 1 of 8912345...102030...Last »