13 11, 2019

Dividend Declaration: Proven Investments Limited (PROVEN)

2019-11-27T09:10:28-05:00

Date: November 13, 2019 Proven Investments Limited (PROVEN) has advised that a dividend of US$0.0056 per share was declared at a Board of Directors’ meeting held on November 8, 2019. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.78786 per share. The dividend will be paid on December 6,

Dividend Declaration: Proven Investments Limited (PROVEN)2019-11-27T09:10:28-05:00
13 11, 2019

Dividend Declaration: PanJam Investment Limited (PJAM)

2019-11-15T02:47:28-05:00

Date: November 13, 2019 PanJam Investment Limited (PJAM) has advised that at a Board meeting held on November 12, 2019, the Directors adopted a Resolution to declare a fourth interim dividend for the year 2019 in the amount of 26.5 cents per stock unit. The dividend will be paid on December 18, 2019 to stockholders

Dividend Declaration: PanJam Investment Limited (PJAM)2019-11-15T02:47:28-05:00
13 11, 2019

U.S. CPI inches up 0.4% for October 2019

2019-11-27T09:10:43-05:00

November 13, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% for October after being unchanged in September, on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics indicated. The all items index increased 1.8% before seasonal adjustment over the last year. The index for all items less food and energy

U.S. CPI inches up 0.4% for October 20192019-11-27T09:10:43-05:00
13 11, 2019

PROVEN reports 337% surge in six months net profit

2019-11-13T15:33:19-05:00

November 13, 2019 Reported in US$ (except where it is indicated otherwise)   Proven Investments Limited (PROVEN), for six months ended September 30, 2019 reported interest income of $13.81 million, a 3% decrease when compared with the $14.17 million reported for the same period in 2018. Interest income for the second quarter amounted to $6.91 million

PROVEN reports 337% surge in six months net profit2019-11-13T15:33:19-05:00
13 11, 2019

Overseas Headlines-November 13, 2019

2019-11-13T13:46:43-05:00

November 13, 2019 United States: Trump Threatens Substantially More Tariffs If No China Deal “President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached. “If we don’t make a deal, we’re going to substantially raise those tariffs,” he said Tuesday in a speech

Overseas Headlines-November 13, 20192019-11-13T13:46:43-05:00
12 11, 2019

SOS reports 24% increase in nine months net profit

2019-11-27T09:11:05-05:00

November 12, 2019 Stationery and Office Supplies Limited (SOS) for the nine months period reported revenues of $933.22 million relative to $801.44 million in 2018, a 16% increase. For the third quarter, revenues grew by 5% to close the quarter at $294.67 million (2018: $281.51 million). The company highlighted that, “sales of SEEK product increased

SOS reports 24% increase in nine months net profit2019-11-27T09:11:05-05:00
12 11, 2019

Trade in Shares: Supreme Ventures Limited (SVL)

2019-11-27T09:11:15-05:00

Date: November 12, 2019 Supreme Ventures Limited (SVL) has advised that a connected party purchased 26,300 SVL shares on November 6, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or

Trade in Shares: Supreme Ventures Limited (SVL)2019-11-27T09:11:15-05:00
12 11, 2019

JP reports 66% rise in nine months net profit attributable to shareholders

2019-11-27T09:11:22-05:00

Date: November 12, 2019 Jamaica Producers Group Limited (JP), for the nine months, experienced a 8% increase in revenue to total $15.38 billion compared to the $14.25 billion reported in 2018. The Company posted 5% increase in third quarter revenue to $5.23 billion (2018: $4.96 billion). The Food & Drink Division contributed a 9% increase

JP reports 66% rise in nine months net profit attributable to shareholders2019-11-27T09:11:22-05:00
12 11, 2019

BRG reports 7% decline in nine months net profit

2019-11-12T15:06:03-05:00

November 12, 2019   Berger Paints Jamaica Limited (BRG),for the nine months ended September 30, 2019, reported total revenues of $1.63 billion, a 6% decrease relative to $1.73 billion reported in for the comparable period in 2018. Total revenues for the quarter totalled $534.20 million, 12% less than the $607.83 million booked in 2018. Management

BRG reports 7% decline in nine months net profit2019-11-12T15:06:03-05:00
12 11, 2019

KW reports 29% increase in nine months net profits attributable to shareholders

2019-11-27T09:11:42-05:00

Date: November 12, 2019  For the nine months ended September 30, 2019, Kingston Wharves’ revenue totaled $5.72 billion a 9% increase when compared to $5.26 billion for the corresponding period of the prior year, while revenue for the second quarter grew 3% to $1.92 billion (2018: $1.87 billion). This as both the company’s ‘Terminal Operations’ and

KW reports 29% increase in nine months net profits attributable to shareholders2019-11-27T09:11:42-05:00