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Shareholder impasse at Sagicor Select Funds AGM

The Jamaica Stock Exchange (JSE) closed Friday’s trading slightly higher with more advancers than decliners. JMMB Preference shares led the market up 15 per cent on the day to close at $2.83. The rise however came with the sale of one unit in total. Sterling Investments’ US dollar shares gained some six per cent to close at US$0.02. On the losing end, Margaritaville Turks lost 10 per cent of its value to close at $28.00, followed by Fosrich Limited down 7.0 per cent to $5.83. The JSE Combined Index advanced by 343.35 points (0.08 per cent) to close at 404,542.48. The JSE Main Index advanc...

Hair Color Innovator Madison Reed Raises Over $50 Million to Continue Omnichannel Expansion Brand prepares to seize here-to-stay post-pandemic consumer behavior shifts News provided by Share this article Share this article SAN FRANCISCO, Feb. 24, 2021 /PRNewswire/ -- Madison Reed announced a $52 million financing round to continue to fuel its omnichannel expansion and build upon the 130 percent growth it saw during 2020. The round was led by True Ventures, an investor in Peloton, Ring and Blue Bottle Coffee. The round includes participation from Norwest Venture Partners, Comcast Ventures and...