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Jamaica Gleaner Business
published: Friday | June 9, 2006

Kiss Jamaica goodbye
SWEETHEART LIMITED, the Jamaican distribution subsidiary of Trinidadian firm Bermudez Biscuit, has shut down and pulled the once extremely popular cream-filled Kiss cupcake from the market, saying that rising costs here made it difficult...

FirstCaribbean, fastest growing mortgage lender in the market
DRIVEN BY sexy U.S. dollar product and an aggressive foray into the market, FirstCaribbean International is growing its mortgage business more than three times faster than its competitors, and says that it expects to maintain its...


JN Money Shop for New Kingston
WHEN THE sixth JN Money Shop is opened in New Kingston in less than two weeks, the office will be positioned to compete with Paymaster, Western Union and Bill Express. The two-storey, 1,500-square feet office, located at the corner of Knutsford...


Wisynco gets Coca-Cola franchise
WISYNCO GROUP Limited has been appointed franchise holder for the Coca-Cola range of products in Jamaica, effective Monday, May 29, Coca-Cola (Jamaica) Limited announced yesterday. Wholesalers said Coca-Cola, the popular carbonated drink...


Telegens to roll out new service for cable TV providers
TELEGENS INC., the broadband, wireless communications carrier that uses Internet protocol technology as its backbone, says it is ready to roll out a new service that will allow Jamaican cable television content providers to deliver programmes...


Hi-Lo getting back on track
WHEN GRACE-KENNEDY Limited bought the Hi-Lo chain of six supermarkets back in 1984, the tradition in the market was for the main distribution companies to protect their business by owning supermarkets. Then, in the late 1990s, the retail landscape...


Are US markets ripe for a free fall?
NEW YORK: NOW THAT the Dow Jones industrial average has shed 5.5 per cent since mid-May, it's time to ask the question: How do you distinguish a short-term stock market correction from a full-blown bear market?


Share buy-backs make sense
THE JAMAICA Stock Exchange's (JSE) Rule 413 deals with a company's purchasing of its own shares. Under Rule 413, share buy-backs are allowable either by open market repurchases or by self-tender offer made to all shareholders.


Investors still deliberating on Courts
LIKE OTHER local retailers, Courts Jamaica felt the pinch of shrinking local consumer income during the three months ended March 2006. At the end of March 2006, sales at Courts Jamaica were booked at $1.43 billion....




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