6 02, 2020

Overseas Headlines- February 06, 2020

2020-02-06T08:49:07-05:00

February 06, 2020 United States: U.S. Jobs Report to Contrast Healthy 2020 Start With Weaker Past "The U.S. job market probably got off to a healthy start in 2020 but may also lose some of the luster President Donald Trump boasted about this week. January figures due Friday are projected to show U.S. employers added

Overseas Headlines- February 06, 20202020-02-06T08:49:07-05:00
5 02, 2020

Dividend Consideration: Sterling Investments Limited (SIL)

2020-02-05T14:46:09-05:00

Date: February 5, 2020 Sterling Investments Limited (SIL) has advised that at a meeting of the Board of Directors scheduled to be held on February 18, 2020, consideration will be given to the payment of a final dividend to shareholders of the Company.   Analyst Certification -The views expressed in this research report accurately reflect the

Dividend Consideration: Sterling Investments Limited (SIL)2020-02-05T14:46:09-05:00
5 02, 2020

Dividend Consideration: Carreras Limited (CAR)

2020-02-05T14:42:07-05:00

Date: February 5, 2020 Carreras Limited (CAR) has advised that at a meeting of the Board of Directors scheduled to be held on February 12, 2020, consideration will be given to the payment of an interim dividend to shareholders of the Company.   Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Consideration: Carreras Limited (CAR)2020-02-05T14:42:07-05:00
4 02, 2020

JAMT reports first quarter net profit attributable to shareholders of $27.70 million

2020-02-04T13:13:41-05:00

February 04, 2020 Jamaican Teas Limited (JAMT) reported a 15% increase in revenues to total $433.08 million (2018: $378.23 million). JAMT stated that this increase was “due to increased export sales in the manufacturing business and a 9% increase in our supermarket business which became wholly owned again on October 1 2019 when Jamaican Teas

JAMT reports first quarter net profit attributable to shareholders of $27.70 million2020-02-04T13:13:41-05:00
4 02, 2020

ROC reports 81% increase in year end net profit

2020-04-02T08:33:25-05:00

February 04, 2020 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2019 posted gross premiums of $701.42 million relative $571.84 million; representing a 23% increase. Fourth quarter gross premium amounted to $226.81 million, a 19% increase when compared to $190.33 million for the corresponding quarter of 2018. Change in gross provision for

ROC reports 81% increase in year end net profit2020-04-02T08:33:25-05:00
4 02, 2020

Overseas Headlines- February 04, 2020

2020-02-04T09:29:52-05:00

United States: Trump Administration Clears Way for New Currency Tariffs “The Trump administration is going ahead with controversial new rules that would clear the way for the U.S. to start applying punitive tariffs on goods from countries accused of having undervalued currencies, the Commerce Department said Monday. The move would give new muscle to U.S.

Overseas Headlines- February 04, 20202020-02-04T09:29:52-05:00
3 02, 2020

Board Resignation/Board Appointment: Caribbean Producers Jamaica Limited (CPJ)

2020-02-03T15:40:41-05:00

Date: February 3, 2020 CPJ has advised that outgoing CEO, Dr. David Lowe, has been engaged as a consultant following his resignation which took effect on January 31, 2020.   Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as

Board Resignation/Board Appointment: Caribbean Producers Jamaica Limited (CPJ)2020-02-03T15:40:41-05:00
3 02, 2020

Special Advisory: Proven Investments Limited (PROVEN)

2020-02-03T15:37:01-05:00

Date: February 3, 2020 PROVEN has advised that the Company and Sagicor Investments Jamaica Limited (“Sagicor Investments”) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (“APO”) of ordinary shares recently announced by PROVEN. PROVEN has further advised that Sagicor Investments’ commitment under the Underwiring Agreement, which is subject to

Special Advisory: Proven Investments Limited (PROVEN)2020-02-03T15:37:01-05:00
3 02, 2020

U.S. Personal Income rose $40.7 billion in December

2020-02-03T14:03:15-05:00

February 03, 2020 In December, personal income rose $40.7 billion (0.2%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $30.6 billion (0.2%) and personal consumption expenditures (PCE) grew $46.6 billion (0.3%). Real DPI rose 0.1% in December and Real PCE climbed 0.1%. The PCE price

U.S. Personal Income rose $40.7 billion in December2020-02-03T14:03:15-05:00
3 02, 2020

Government Operations Results for December 2019

2020-02-03T11:45:34-05:00

Date: February 03, 2020 For the period of April to December 2019, the GOJ reported Total Revenues & Grants of $468.43 billion, $9.67 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 7.1% relative to the $437.30 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax

Government Operations Results for December 20192020-02-03T11:45:34-05:00