March 1, 2018 United States: U.S. Fourth-Quarter Growth Revised Down to 2.5% Annual Pace The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Wednesday. The latest results for GDP, the value of all goods and services produced in the U.S., show the
February 2018 Sagicor Real Estate X Fund Limited (XFUND) has advised that the Company and Sagicor Group Jamaica Limited have entered into an agreement with NASDAQ listed hotel owners and operators, Playa Hotels & Resorts N.V., to combine tourism assets. The Sagicor Entities will contribute their portfolio of all-inclusive resorts and developable land sites in
February 28,2018 Daily Market Summary 28.2.18 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 taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful.
February 28, 2018 Honey Bun (1982) Limited’s Annual General Meeting was held today, the 28th of February 2018. The meeting started off with a tribute to the late great Sushil Jain who passed away in the latter part of 2017. After paying his respect, Chairman Herbert Chong reiterated some of the financial highlights of the
Blue Power Group Limited (BPOW) for the nine months ended January 31, 2018, booked a 10% increase in revenue to total $1.15 billion compared to $1.05 billion for the same period in 2017. Revenue for the Lumber Depot increased 13% to $808.72 million, while revenue for the soap division increased 2.2% to $340.78 million. Revenue
Jamaica Stock Exchange Limited (JSE), for the year ended December 31, 2017, recorded total revenue of $991.15 million, a 14% increase when compared to the $865.78 million booked the prior year. Total revenue for the quarter amounted to $295.68 million (2016: $171.59 million). Of this: Cess income declined by 13% to $285.78 million relative to
February 28,2018 United States: Powell's Rosy Outlook Invites Fed to Weigh Four 2018 Rate Hikes Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged stronger economic growth may prompt policy makers to rethink their plan for three hikes. “My personal outlook for the economy
February 27, 2018 Daily Market Summary 27.2.18 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 taking any Action in reliance on the contents of this information is strictly prohibited and may be
Date: February 27, 2018 tTech reports 53% decline in twelve months net profit, for the year ended December 31, 2017, booked a 3% decline in revenues to $217.25 million compared to $223.16 million for the prior financial year. Cost of sales fell 14% to $28.08 million from the $32.75 million reported in December 2016. As
February 27,2018 United States: Fed's Quarles Raises Hope for Faster, Sustained U.S. Growth Pace Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases. “Some of the factors that have
