31 07, 2019

Trade in Shares: Jamaican Teas Limited (JAMT)

2019-07-31T22:08:46-05:00

Date: July 31, 2019 Jamaican Teas Limited (JAMT) has advised that a Director sold a total of 3,000,000 JAMT shares during the period July 26 to 29, 2019. 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

Trade in Shares: Jamaican Teas Limited (JAMT)2019-07-31T22:08:46-05:00
31 07, 2019

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

2019-07-31T22:08:05-05:00

Date: July 31, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 99,313 MJE shares on July 30, 2019. 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,

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)2019-07-31T22:08:05-05:00
31 07, 2019

DCOVE anticipates higher revenues in 2019 with the state of emergency lifted.

2019-07-31T22:04:50-05:00

Date: July 31, 2019 Dolphin Cove Limited (DCOVE) held its Annual General Meeting today July 31, 2019 at the Courtleigh Hotels & Suites. Hosted by Mr. Stafford Burrowes, the Company’s Chairman, opened the proceedings by giving a brief overview of the 2018 financial year performance. For the financial year 2018 Mr. Burrowes stated that the

DCOVE anticipates higher revenues in 2019 with the state of emergency lifted.2019-07-31T22:04:50-05:00
31 07, 2019

SVL reports 19% increase in six months net profits

2019-07-31T21:43:37-05:00

Date: July 31, 2019 Supreme Ventures Limited (SVL), for the six months ended June 30, 2019, reported a 15% increase in ‘Total Gaming Revenue’ from $16.12 billion in 2018 to $18.62 billion in 2019. For the quarter, ‘Total Gaming Revenue’ closed at $9.31 billion (2018: $8.06 billion). “Lotteries, PINs, Sports Betting and Horseracing recorded double

SVL reports 19% increase in six months net profits2019-07-31T21:43:37-05:00
31 07, 2019

FOMC lowers federal funds rate

2019-07-31T21:05:29-05:00

July 31, 2019   Based on information collected since the Federal Open Market Committee (FOMC) met in June 2019, the findings alluded to a strong labour market with a moderate rise in economic activity. Solid job gains were reported in recent months while the unemployment rate remained subdued. However the growth of business fixed investment

FOMC lowers federal funds rate2019-07-31T21:05:29-05:00
31 07, 2019

Overseas Headlines- July 31, 2019

2019-07-31T13:49:23-05:00

Date: July 31, 2019   United States:  Fed Looks Locked In for Quarter-Point Cut: Decision Day Guide  “The Federal Reserve is widely expected to lower interest rates by a quarter-point at its meeting that concludes Wednesday and leave the option open for additional moves despite demands by President Donald Trump for a “large” rate cut.

Overseas Headlines- July 31, 20192019-07-31T13:49:23-05:00
30 07, 2019

ECL reports 8% increase in year end net profits

2019-07-30T22:47:19-05:00

July 30, 2019 Express Catering Limited (ECL) for the year ended May 31, 2019 reported a 10% increase in revenue to US$17.32 million (2018: US$15.71 million). Revenue for the quarter advanced 17% to close at US$5.21 million relative to US$4.44 million reported the previous year. Cost of sales (COS) increased by 10% for the period

ECL reports 8% increase in year end net profits2019-07-30T22:47:19-05:00
30 07, 2019

PTL reports 7% increase in year end net profit

2019-07-30T22:45:58-05:00

Date: July 30, 2019 Paramount Trading (Jamaica) Limited recorded a 14% increase in total revenues to $1.60 billion from $1.40 billion reported in 2018.  This resulted mainly from a $151.94 million increase in the manufacturing segment which closed at $193.74 million.  The chemicals segment, which accounted for 57% of revenue, recorded a 7% increase to

PTL reports 7% increase in year end net profit2019-07-30T22:45:58-05:00
30 07, 2019

MTL reports 30% decrease in year end net profits

2019-07-30T22:24:28-05:00

Date: July 30, 2019. In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 2019, reported revenues of $7.59 million versus $6.02 million in the prior corresponding period. Cost of sales increased by 21% for the period to $2.32 million (2018: $1.91 million), while for

MTL reports 30% decrease in year end net profits2019-07-30T22:24:28-05:00
30 07, 2019

SJ’s reports a 35% increase in six months net profits

2019-07-30T21:39:13-05:00

Date: July 30, 2019  Sagicor Group Jamaica Limited (SJ) for the six months ended June 30, 2019,  Total Revenues increased by 33% to $42.59 billion from $32.02 billion in 2018, while for the second quarter Total Revenues improved 39% to total $22.47 billion compared to $16.20 billion in 2017. Total revenue year to date was

SJ’s reports a 35% increase in six months net profits2019-07-30T21:39:13-05:00