Date: February 14, 2019 Elite Diagnostic Limited booked a 29% increase in revenue to total $182.24 million compared to $141.67 million for the same period in 2017. Revenue for the 2nd quarter rose by 35% to $96.76 million (2017: 71.85 million). Management noted, “The increase in revenue for the 2nd quarter is due to MRI scans and increase
Date: February 14, 2019 Revenue amounted to $1.58 billion, an increase of 6%, relative to $1.49 billion booked the previous year. For the third quarter, revenues totalled $538.67 million up 3% year over year (2017: $521.09 million). MDS indicated that, “the revenue reflects a positive change in the sales mix with the introduction of additional
Brent Oil Brent oil prices increased by 3.46% or US$2.15, as prices increased this week relative to the prior week. Oil traded on February 14, 2019 at a price of US$64.34 per barrel relative to US$55 on February 14th, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices increased
Date: February 13, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2018: recorded a 17% decline in revenue to $198.51 million relative to $239.43 million in the same period in 2017. Revenue for the quarter went down 14% to close at $63.94 million relative to $73.98 million.
Date: February 12, 2019 RJRGLEANER Communications Group (RJR) revenues for the nine months ended December 31, 2018, increased by 9% to $4.21 billion compared to $3.87 billion for the comparable period the prior year. For the quarter, revenues increased 8% to close at $1.50 billion (2017: $1.39 billion). The company noted, “ The Group recorded
United States: Krugman Sees Possible U.S. Recession With Little Fed Wiggle Room Nobel laureate Paul Krugman said the U.S. economy may be heading into a recession at a time when the Federal Reserve doesn’t have the firepower to properly combat a slump. “There seems to be an accumulation of smaller problems and the underlying backdrop
Date: February 8, 2019 Net International Reserves- January 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,030.94 million as at January 2019, reflecting an increase of US$25.53 million relative to the US$3,005.41 million reported as at the end of December 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$29.29
United States: Trump Says He Won’t Meet Xi Jinping Before Tariff Deadline President Donald Trump said he won’t meet Chinese President Xi Jinping before a March 1 deadline to avert higher U.S. tariffs on Chinese goods, intensifying fears the two won’t strike a deal before the end of a 90-day truce. Trump responded “No” and
Brent Oil Brent oil prices increased by 2.13% or US$1.30, as prices increased this week relative to the prior week. Oil traded on February 07, 2019 at a price of US$62.19 per barrel relative to US$60.89 on January 31, 2019. Brent oil began the year at US$53.80 per barrel. Petrojam prices 87 Octane prices increased
United States: U.S. Jobless Claims Fall Less Than Expected After Shutdown Ends Filings for U.S. unemployment benefits fell by less than expected last week, signaling it may take longer for the labor market to return to its previous trend following the partial government shutdown. Jobless claims declined to 234,000 in the week ended Feb. 2,
