August 18, 2023 United States: Economists Lift US Growth Forecasts, See Fed Higher for Longer Economists see a stronger US economy into the next year and a smaller rise in unemployment, supporting expectations that the Federal Reserve will keep interest rates higher for longer. Gross domestic product is expected to advance an annualized 1.8%
August 17, 2023 Wigton Windfarm Limited (WIG) has advised that on August 9, 2023, the Board of Directors, in an effort to restructure the operations for greater alignment with the strategic direction of the Company, approved changes in its organizational structure which will become effective September 1, 2023. Three managers of WIG have been promoted to
August 17, 2023 Mayberry Investments Limited (MIL) has advised that a connected party purchased 1,000 MIL shares on August 15, 2023. Disclaimer: Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or
August 17, 2023 General Accident Insurance Co. Ja. Ltd. (GENAC) for the six months ended June 30, 2023 reported a 36% increase in insurance revenue totalling $5.26 billion compared to $3.88 billion in the corresponding period last year. Insurance revenue for the Second quarter had a 33% increase to close at $2.37 billion compared to
August 17, 2023 Tropical Battery Company Limited (TROPICAL) for the nine months ended June 30, 2023 reported a 9% increase in Revenue totaling $2.13 billion compared to $1.96 billion in the corresponding period last year. Revenue for the third quarter had a 18% increase to close at $782.84 million compared to $661.84 million for the
August 17, 2023 United States: US Jobless Claims Decline in Sign of Resilient Labor Market Applications for unemployment benefits fell by the most in five weeks, suggesting the resilient economy is making employers reluctant to reduce headcount. Initial claims decreased by 11,000 to 239,000 in the week ended Aug. 12, according to Labor Department
August 17, 2023 In United States dollars (except where it is indicated otherwise) Productive Business Solutions Limited (PBS) for the six months ended June 30, 2023 reported a 2% increase in Revenue totaling US$160.75 million compared to US$157.59 million in the corresponding period last year. Revenue for the second quarter had a 20% decrease to
August 16, 2023 The Consolidated Bakeries (Jamaica) Limited (PURITY) for the six months ended June 30, 2023 reported a 15% increase in Revenue totaling $825.85 million compared to $720.01 million in the corresponding period last year. Revenue for the second quarter had a 8% increase to close at $367.86 million compared to $341.92 million for
August 16, 2023 K.L.E. GROUP LIMITED (KLE) for the six months ended June 30, 2023, reported a $50.27 million increase in Other operating Income totaling $54.01 million compared to $3.74 million in the corresponding period last year. Other operating Income for the second quarter had an increase to close at $54.00 million compared to $6,000
August 16, 2023 Jamaica Producers Limited (JP) for the six months ended June 30, 2023, reported a 51% decrease in Revenue totalling $7.09 billion compared to $14.39 billion in the corresponding period last year. Revenue for the Second quarter decreased 100% to close at $28.41 million compared to $7.48 billion for the comparable quarter of
