July 29, 2021 Jamaica Stock Exchange Limited (JSE), for the first six months ended June 30, 2021 recorded total revenue of $851.94 million, a 4% decrease when compared to the $886.85 million booked the prior year’s corresponding period. For the second quarter the Company reported a 17% increase in total revenue to close the quarter at $441.49 million (2020:
July 29, 2021 Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2021 recorded an increase of 26% in total revenue to total $2.32 billion, relative to the $1.85 billion recorded for the comparable period in 2020. Cost of sales amounted to $1.48 billion (2020: $1.13 billion) for the quarter, an increase of
July 29, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of July 29, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 196,982,336 globally.
July 29, 2021 Lasco Distributors Limited (LASD), for the three months ended June 30, 2021, posted a 22% increase in revenue to $5.76 billion, up from $4.70 billion booked in the corresponding period in 2020. Cost of sales amounted to $4.79 billion, up 26% on the $3.81 billion reported in the prior comparable period. Nonetheless,
United States: U.S. Jobless Claims Declined Last Week, Near Pandemic Low “Applications for U.S. state unemployment fell last week, signaling that the labor market continues to improve even as the delta variant of Covid-19 rages amid sustained vaccine hesitancy. Initial jobless claims in regular state programs totaled 400,000 in the week ended July 24, down
July 28, 2021 On Wednesday, the Federal Reserve held its benchmark interest rate at 0 and 0.25% after the Federal Open Market Committee concluded its two-day meeting. This target range is expected to be maintained until labor market conditions have reached levels consistent with the Committee’s assessments. FOMC highlighted advancements in vaccines and strong policy
July 28, 2021 Mrs. Marlene Forrest discussed the company's financial performance during the last year, noting that revenue was $1.76 billion (2019: $1.896 billion), resulting in a 21.7% drop in net profit to $407 million (2020: $520 million). It was also highlighted that the Main Market began the year with 59 securities and concluded the
July 28, 2021 Eppley Limited (EPLY) has advised that the Company intends to redeem on August 31, 2021 (the “Redemption Date”), the 8.25% Cumulative Redeemable Fixed Rate Preference Shares maturing in 2021, at a redemption price of 100% of the Issue Price thereof plus accrued dividends (“the Redemption Price”). EPLY has also advised that the Company
July 28, 2021 Blue Power Group Limited (BPOW) has advised that the Board of Directors has declared a dividend of 1.6 cents ($0.016) per share payable on September 8, 2021 to shareholders on record as at August 30, 2021. The ex-dividend date is August 27, 2021. Disclaimer: Analyst Certification -The views expressed in this research report accurately
July 28, 2021 Seprod Limited (SEP) has advised that the Board of Directors has declared a dividend of fifty cents ($0.50) per share payable on August 20, 2021 to shareholders on record as at August 12, 2021. The ex-dividend date is August 11, 2021. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
