Date: April 27, 2020 Caribbean Cement Company Limited (CCC), for the three months ended March 2020, reported total revenue of $4.55 billion for the quarter, an increase of 2% increase when compared with the $4.45 billion reported in 2019. Cost of sales amounted to $2.68 billion (2019: $2.30 billion), which resulted in gross profit of
April 27, 2020 Sagicor Group Jamaica Limited (SJ) has deferred the payment of its previously declared interim dividend of 40 cents per stock unit to stockholders on record as at April 24, 2020, until further notice. The postponement follows an advisory which was sent to all Financial Holding Companies by the Bank of Jamaica (BOJ) requesting that the distribution of
April 27, 2020 Knutsford Express Services Limited for the nine months ended February 29, 2020 reported total revenue of $925.23 million, a 10% increase when compared with the $841.93 million reported for the same period in 2019. For the third quarter, revenues amounted to $318.04 million, an 11% increase relative to the $286.82 million booked for the
United States: U.S. Futures Rise With Stocks; WTI Oil Tumbles: Markets Wrap “U.S. equity futures climbed alongside stocks in Europe and Asia as major economies edged toward reopening, the Bank of Japan boosted stimulus measures and corporate results rolled in. The dollar weakened and oil slumped again. Contracts for the three main American benchmarks all
April 27, 2020 Weekly Picks 27.04.20 SALF 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 at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will
April 24, 2020 Sagicor Group Jamaica Limited (SJ) has advised that twenty-seven (27) Executives purchased a total of 2,301,924 SJ shares and that two connected parties sold a total of 2,317,924 SJ shares. These transactions were conducted on April 23, 2020. The information contained herein has been obtained from sources believed to be reliable, however its accuracy
April 24, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 11,311 SVL shares on April 21, 2020. SVL has also advised that a meeting of the Board of Directors will be held on Thursday, April 30, 2020 to consider the payment of an interim dividend. The information contained herein has been obtained from
April 24, 2020 iCreate Limited (ICREATE) has advised that the Board of Directors has been reduced from nine members to five members. The following members have tendered their resignations: Mr. Vinay Walia – April 15, 2020 Mrs. Sheree Martin – April 22, 2020 Mrs. Mischa McLeod-Hines – April 15, 2020 Mr. David Wan – April
April 24, 2020 In 2019, the year prior to COVID-19 containment measures were widely introduced by EU Member States, unemployment rates continued to vary widely across the NUTS 2 regions of the EU’s 27 Member States, as noted by Eurostat. The lowest rates were observed in four Czech regions: Prague and Central Bohemia (both 1.3%),
United States: Fed’s Near-Zero Rates to Last into 2023, Economists Predict "The Federal Reserve may hold interest rates near zero for three or more years, and its balance sheet will soar above $10 trillion as policymakers seek to revive the U.S. economy from recession, economists said in a Bloomberg survey. Just over half the 31 respondents to an April 20-23
