Markets

Warren Buffett's Berkshire Hathaway Inc. has disclosed a new stake in Capital One Financial Corp., the latest in a series of investments by the billionaire investor in the financial sector. Berkshire's 13F filing with the Securities and Exchange Commission shows...

GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector. The new company will be branded...

UBS, Switzerland’s largest bank has agreed to buy rival Credit Suisse in a deal that could save the bank but for how long? Earlier this month we have seen major banks teetering on the edge of collapse, banks such...

They say that history doesn’t usually repeat itself but it rhymes, well in this case that might be true. Today we got a glimpse of what is to come if the FED doesn’t intervene and help mitigate the situation....

iCreate is currently in the process of working on a bold move to convert its current debt to equity with an overall transaction value worth $600 million. This ambitious move at the moment clearly pushes the boundaries from a...

Wisynco, a major distribution company in the Jamaica and Caribbean region recorded its most successful quarter yet in terms of revenue numbers. For the quarter ending September 30, 2022, revenues came in at $11.9 billion, this is a 29.8 percent...

Leading pharmaceutical distributor Cari-Med has been in the early stages of possibly bringing the company public on the Jamaica Stock Exchange (JSE). One of the major reasons so far has already been hinted at by Chairman Glen Christian and it...

WiPay, a growing digital payment portal in the Caribbean that originated in Trinidad and Tobago, is finally setting the stage for its long-awaited IPO on the Jamaica Stock Exchange (JSE). This is a very important step in the company’s...

1834 Investments (1834) is on the verge of being dissolved and wiped away from the stock market. RJR will soon be the owner of all 1834 shares, and the company’s presence on the stock will be suspended effective October...

Mayberry Investments is looking to raise $1.2 billion from the bond market with the ability to increase to $5 billion from the public bond market. This is set to open between October 28 – November 28. The corporate bonds will...