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The chipmaker’s US$7 billion all-stock acquisition has sharpened the debate over whether embedded computing can become the next major growth engine for the business. Ticker ON Exchange Nasdaq Onsemi is today’s Stock of the Day because the company has made its largest acquisition at a time when semiconductor investors are already questioning valuations, end-market demand and the next phase of growth
Apple logo is seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration The iPhone maker remains one of the world’s strongest consumer franchises, but recent price increases on selected devices have brought margin pressure and demand elasticity back into focus
A leadership reshuffle, stronger capital returns and resilient earnings have made JPMorgan a timely read on U.S. banking strength
Durrant Pate/Contributor The Jamaica Stock Exchange (JSE) has officially launched its Micro Market, a new platform designed to provide micro and small enterprises with easier access to equity financing. The launch, which was held at the Terra Nova All-Suite Hotel in Kingston earlier this week brought together government leaders, members of the Diplomatic Corps and industry stakeholders
Mayberry Investments Limited (MIL) reaffirmed its commitment to premier client management with the hosting of its exclusive networking evening, “Beyond the Portfolio”, on Wednesday, June 24, 2026. Held at the CRU Bar in Kingston, the invite-only event was purposefully designed to facilitate deeper connections between the firm’s executive team, its valued clientele, and prospective investors
Durrant Pate/Contributor Local fuel market company, Future Energy Source Company, which trades as FESCO, has raised J$600 million in fresh capital on the local bond market for paying down its debt and expansion purposes. The 4-year corporate bonds were arranged by NCB Capital Markets (NCBCM) and the JCSD Trustee Services as Trustee
The spice and condiments maker beat profit expectations, held its full-year outlook and gave investors a timely read on the consumer staples market. Ticker: MKC Exchange: New York Stock Exchange McCormick & Company is today’s second Stock of the Day because its latest earnings report offers a useful look at how consumer staples companies are managing inflation, softer demand and shifting eating habits
The owner of Olive Garden and LongHorn Steakhouse reported higher earnings and sales, while its slower-growth outlook gave investors a more measured read on restaurant demand. Ticker: DRI Exchange: New York Stock Exchange Darden Restaurants is today’s third Stock of the Day because its latest earnings report gives investors a timely view of the U.S
Qualcomm’s latest investor-day targets have put the stock back in focus as the company tries to convince the market that data-centre chips and custom silicon can become a serious second engine. Ticker: QCOM Exchange: Nasdaq Qualcomm Incorporated is today’s first Stock of the Day because the company has given investors a fresh reason to reassess the business beyond its traditional smartphone-chip franchise
O’Brian Heron, Senior Corporate Director, Operations Sandals Resorts has announced the promotion of O’Brian Heron to the position of senior corporate director, operations, a strategic appointment that underscores the company’s commitment to cultivating exceptional leadership from within its ranks. He will be responsible for the development and governance of frameworks, standards, systems and policies that support excellence, consistency and innovation throughout the Sandals and Beaches Resorts portfolio
Durrant Pate/Contributor The Jamaican dollar money market liquidity dried up last week, albeit with a modest decline. Liquidity, as measured by the aggregated current balances held by Deposit-Taking Institutions (DTIs) went down to $46.20 billion from the previous week of $54.23 billion
Kimala Bennett, managing director of The LAB. (Photo: Contributed) Revenues contracts while expenses showing a 7% reduction Durrant Pate/Contributor Creative and advertising company, Limners and Bards, trading as The LAB, has gone in the red for the half-year period ended April 30, 2026, reversing the modest profitability that was recorded a year ago
Our Panel & Speakers (L-R): Leo Williams, Michelle Ottey, Ative Ennis, Stacey Luces, Denise Williams and Raymond Levy. Explores investment and expertise at Inaugural Event in Jamaica We WHISTLE Global (WHISTLE) convened global diaspora leaders in Montego Bay on Wednesday, June 17, to explore how Caribbean talent, capital, influence, and expertise can be more effectively coordinated to accelerate Jamaica’s and regional development
Interim CEO of National Commercial Bank Jamaica Limited, Sheree Martin (centre) celebrates with her team after winning the Carreras ESG Award at the recently held Jamaica Chamber of Commerce’s 41st Annual Awards and Dinner. National Commercial Bank Jamaica Limited (NCBJ) has been awarded the Carreras ESG Award at the Jamaica Chamber of Commerce’s 41st Annual Awards and Dinner, earning recognition for embedding environmental, social and governance (ESG) principles into its business strategy and operations
On June 23rd, at the Lauderhill Performing Arts Center, The GO Bond Buyer-Supplier Matchmaker takes place as a direct investment in Lauderhill’s economic future and the financial well-being of the families, businesses, and stakeholders who value Lauderhill and have a vested interest in the city’s success. This matchmaker represents a deliberate bridge between public investment and private opportunity
Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Alphabet, the parent company of Google, has become the stock of the day for a reason that goes beyond a normal market pullback
Nayana Williams, Founder and CEO, Lifespan Company Limited CEO ranks #70 on Businessuite Women’s 2026 Power & Influence 100 list Nearly two decades after founding Lifespan Company Limited, Nayana Williams’ years of perseverance, purpose-driven leadership and commitment to improving health and wellness through quality hydration have earned the Founder and Chief Executive Officer a place among Jamaica’s most influential female leaders, securing the No. 70 spot on Businessuite Women’s 2026 Power & Influence 100 list
Kingston/Saint Andrew, Jamaica – February 05 2019: The Jamaica Stock Exchange (JSE), the principal stock exchange of Jamaica, located on Harbour Street in Kingston, Jamaica Underpinned by easing monetary conditions and renewed investor confidence Durrant Pate/ Contributor Jamaica’s equities market improved slightly during the March 2026 quarter despite escalating geopolitical conflict in the Middle East. Data from the Bank of Jamaica (BOJ) shows that gains were made across the major Jamaica Stock Exchange (JSE) indices ranged from 0.2 per cent to 11.9 per cent, in the March 2026 quarter, reversing declines ranging between 0.8 per cent and 4.3 per cent in the prior quarter
Moody's Ratings has upgraded Digicel Holdings Limited and its senior secured debt to B1, while shifting the outlook to stable. The agency cited stronger liquidity, deleveraging, and regional market strength.
Micron Technology is no longer being viewed only as a cyclical memory-chip producer. This week, it has become a live test of whether the artificial intelligence trade still has room to broaden beyond the market’s usual giants
Profitability has slowed down but forward trajectory anticipated Durrant Pate/Contributor Montego Bay-based pharmaceuticals company, Indies Pharma, has started a slow recovery of the business from the adverse impact of Hurricane Melissa last October. While profitability has dwindled, the company still managed to eke out a commendable profit for the half-year ended April 30, 2026
Support for Jamaican entrepreneurs and employees building side-hustle businesses Thousands of Jamaican entrepreneurs and employees operating side hustle businesses could soon benefit from a new J$1 billion Employees’ Side-Hustle and Entrepreneur Micro Loan Revolving Fund Programme launched by First Union Financial Company Limited, a licensed microfinance institution regulated by the Bank of Jamaica. The initiative is designed to provide accessible financing to Jamaicans seeking to start, expand or strengthen income-generating ventures while creating greater opportunities for financial independence, business ownership and long-term economic growth
Private sector loans and advances grew to an annual growth of 2.3 per cent Durrant Pate/Contributor Money market rates in Jamaica have generally declined during the March 2026 quarter, according to the Bank of Jamaica in its latest Quarterly Monetary Policy Report for May 2026, which was tabled in parliament recently. The 64-page document showed that when compared to rates at the end of December 2025, all rates declined except the 90- day T-Bill rate
The Institute for Workforce Education and Development will host a corporate consultation at the Terra Nova Hotel on July 1, bringing together ministers, industry leaders, and training agencies to tackle Jamaica's workplace skills gap.
Somewhere in Kingston this morning a business owner is sitting across from a banker who likes everything about her company except one thing. The product works, the customers are loyal, the order book is full, and the only thing standing between her and the facility that would let her hire, restock and expand is a set of audited financial statements that her auditor has not yet finished
Proceeds to retire higher-cost debts and deployed to strengthen working capital Durrant Pate/Contributor Jamaica’s leading battery retailer, distributor, and renewable energy solutions company, Tropical Battery has successfully completed a sale-lease back transaction involving its Ferry Road headquarters property in St. Catherine
Michael McMorris, Chairman, VM Investments Limited (VMIL) addresses the company’s 9th Annual General Meeting on Thursday, June 4, 2026. VM Investments Limited (VMIL) is accelerating its transformation into a more diversified investment company as it executes a long-term strategy designed to strengthen earnings stability, reduce exposure to market volatility and position the business for sustainable growth
The Jamaica Agricultural Commodities Regulatory Authority (JACRA) is encouraging nationals in the diaspora to invest in the commodities sector. Speaking to JIS News on the Marketplace floor at the just-concluded 11th Biennial Jamaica Diaspora Conference in Montego Bay, St
Jamaican private equity strategist Ambraee Houslin (Photo: Contributed) The proposed buyout of Scotia Group Jamaica Limited is the kind of event that forces a market to look at itself. Scotiabank Caribbean Holdings, which already owns 71.78 per cent of the group, has offered J$61.50 a share in cash for the rest, a price that values the minority stake of more than 878 million shares at roughly J$54 billion and carries a premium of about 13 per cent to the 30-day volume-weighted average before the announcement
Industry, Investment and Commerce Minister, Senator the Hon. Aubyn Hill, says that Cabinet’s approval of additional cement imports is to fill a shortage impacting the local construction sector
