November 7, 2019 Real GDP in the second quarter of 2019 increased for all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the second quarter ranged from 4.7 percent in Texas to 0.5 percent in Hawaii.” The BEA also noted
November 7, 2019 Brent Oil Brent oil prices increased by 3.72% or US$2.24, as prices decreased this week relative to the prior week. Oil traded on November 07, 2019 at a price of US$62.47 per barrel relative to US$60.23 on October 31, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
November 6, 2019 Lasco Distributors Limited (LASD), for the six months ended September 30, 2019, posted 7% growth revenues to $9.41 billion, up from $8.78 billion in the corresponding period in 2018. For the quarter, revenues increased by 13% closing at $5.07 billion (2018: $4.50 billion). Cost of sales amounted to $7.51 billion, up 7%
November 5, 2019 Sagicor Group Jamaica (SJ), for the nine months ended September 30, 2019 reported a 31% increase total revenues to $67.51 billion from $51.48 billion in 2018, while for the third quarter total revenues were up 28% to total $24.92 billion compared to $19.46 billion in 2018. Total revenue for the nine months was broken
Date: November 05, 2019 Derrimon Trading Company Limited (DTL) has advised that Mrs. Tania Waldron-Gooden has tendered her resignation effective October 31, 2019 as a member of the Board of Directors of the Company. Mrs. Waldron-Gooden will continue to serve as the Mentor to the Board. DTL has also advised that its Board of Directors
Date: November 05, 2019 Wisynco Group Limited (WISYNCO) has advised that a Director purchased 25,000 WISYNCO shares on November 1, 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
Date: November 05, 2019 Stanley Motta Limited (SML) has advised that the Board of Directors of the Company will be meeting on November 8, 2019 to consider the payment of an interim dividend. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst
November 5, 2019 United States: $11 Trillion U.S. Mortgage Market Has a Shadowy New Player “U.S. financial regulators led by the Treasury’s Steven Mnuchin and the Federal Reserve’s Jerome Powell have been put on notice about the risk of an economically damaging cash crunch in the $11 trillion home mortgage market. Behind the concern aired
Date: November 04, 2019 Sagicor Select Funds Limited (SELECTF), for the nine months ended September 30, 2019 reported net investment income of $1.01 billion. While for the quarter, net investment income amounted to $570.67 million. Fees and other income closed the nine months period at $1.81 million, however, for the quarter, fees and other income
Date: November 04, 2019 For the period of April to September 2019, the GOJ reported Total Revenues & Grants of $313.95 billion, $3.58 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9.6% relative to the $286.46 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
