July 31, 2020 GraceKennedy Limited (GK) has declared a dividend of 40 cents per share payable on September 24, 2020 to shareholders on record as at September 4, 2020. The Company’s Register of Members will be closed from the close of business on September 4, 2020 to September 11, 2020. The ex-dividend date is September
July 31, 2020 Carreras Limited (CAR) has declared an interim dividend of $0.12 per stock unit payable on September 3, 2020 to stockholders on record as at August 14, 2020. The ex-dividend date is August 13, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
July 31, 2020 Grace Kennedy Limited (GK), for the six months ended June 30, 2020, recorded revenue of $56.53 billion for period (2019: $51.49 billion), a year over year increase of 10%. Revenue for the second quarter of 2020 improved 8% to $27.68 billion (2019: $25.56 billion). The biggest contributor to the group’s overall revenue
July 31, 2020 Paramount Trading (Jamaica) Limited recorded a 5% decrease in total revenues to $1.52 billion from $1.60 billion reported in 2019. For the quarter, revenues amounted to $365.86 million (2019: $ 406.08 million). Direct expenses closed the period at $1.05 billion relative to the $1.10 billion booked a year ago. As such, gross
Americans applying for jobless claims rose for the second straight week, climbing 12,000 compared to data released for the week ended July 18, 2020. Initials claims for the week ended July 25 amounted to 1,434,000, while the 4-week moving average was 1,3668,500, a growth of 6,500 from the prior week. The report hints that economic
July 30, 2020 Victoria Mutual Investments Limited (VMIL), for the six months ended June 30, 2020, reported total interest income of $461.86 million, an increase of 16% relative to the $398.40 million recorded for the corresponding period in 2019. Interest income for the quarter amounted to $219.99 million, up 11% on the $197.41 million reported
Brent Oil Brent oil prices increased by 0.65% or US$0.28, as prices rose this week relative to the prior week. Oil traded on July 30, 2020 at a price of US$43.59 per barrel relative to US$43.31 on July 23, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased
Date: July 30, 2020 QWI Investments Limited, for the nine months ended June 2020, reported losses from investment activities of $521.86 million. For the quarter, gain from investment activities of $100.44 million (2019: $120.97 million). Unrealized currency translation and dividend income closed the period under review at $8.26 million and $19.74 million, respectively. While, for
July 30, 2020 U.S. real gross domestic product (GDP) contracted 32.9% for the second quarter of 2020, subsequent to a 5% decline for the first three months of 2020 as the economy experienced a nose-dive in activity. Current-dollar GDP for the second quarter declined $2.15 trillion or 34.3% to 19.41 trillion, compared to a
United States: U.S. Economy Shrinks at Record 32.9% Pace in Second Quarter “The U.S. economy suffered its sharpest downturn since at least the 1940s in the second quarter, highlighting how the pandemic has ravaged businesses across the country and left millions of Americans out of work. Gross domestic product shrank 9.5% in the second quarter
