JP makes $2.8b loss – But first quarter signals turnaround – Agri-processor launches new snack line
Jamaica Producers Group has careened further off-track, with a massive net loss of $2.86 billion, a near sixfold decline, in its financial position at yearend December 31.But it was not so much the size of the loss, but the misfortunes of one [...]
Diageo 3Q sales down 7%
Diageo PLC, the world’s largest producer and distributor of alcoholic drinks, said sales in the three months through March fell seven per cent as distributors in the United States reduced their stocks by a million cases…
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Banks offering stock to pay for bailout
KeyCorp, which is among 10 major United States banks ordered by the government to raise more capital as a buffer against future losses, joined several other banks Monday in announcing public stock offerings.The offerings put pressure on financial…
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