Date: September 12, 2019 Scotia Group Jamaica Limited (SGJ) for the nine months ended July 30, 2019, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income declined by 2% to $18.69 billion, moving from $19.12 billion for the corresponding period in 2018. Interest Income for the period decreased from $21.54 billion in 2018 to $20.67 billion while
Date: September 12, 2019 United States: U.S. Core Inflation Picks Up More Than Forecast to One-Year High “A measure of underlying U.S. inflation accelerated by more than forecast to a one-year high in August, signaling inflation was already firming ahead of fresh tariffs on Chinese goods this month that may push prices higher for Americans.
September 11, 2019 Shareholders were greeted by the Chairman of AFS, Mr. Rex James, who formally introduced the company’s board of directors before handing the proceedings over to Chief Executive Officer (CEO), Mr. Marcus James. Prior to Mr. Marcus James making his presentation, the CEO thanked shareholders for attending the meeting and placing their
Date: September 11, 2019 Caribbean Flavours & Fragrances Limited continues to innovate and expand for growth, which was evident in their financial performance. Notably, the company changed their financial year to reflect a calendar year, relative to prior financial year ending June. The company produced a positive performance for the eighteen month financial period ended
Date: September 11, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 10,000 MIL shares on September 9, 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, copying, distribution or
Date: September 11, 2019 Barita Investments Limited (BIL) has advised that the Company will be exercising its right (pursuant to Circular Letter dated August 19, 2019) to “upsize” the Rights Issue (the subject of the Circular Letter) by offering up to 38,948,652 additional New Ordinary Shares to shareholders of the Company (i.e. up to 50%
Date: September 11, 2019 Jetcon Corporation Limited (JETCON) has advised that a connected party purchased 150,000 JETCON shares on September 5, 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, copying, distribution or
Date: September 11, 2019 Derrimon Trading Limited, continued on the path of diversification, debt restructuring and strengthening of revenue sources during the 2018 financial year. The Group reported revenues of $9.30 billion versus $6.72 billion in 2017. Chairman and Chief Executive Officer, Derrick Cotterell, indicated that, “this outcome was positively influenced by the growth in
Date: September 11, 2019 General Accident had another year of success as Chairman, Paul B. Scott, stated, this year was, “one that delivered strong results and successfully combined profitability and solvency.” GENAC produced a commendable performance for the year ended December 31, 2018, improving net profit by 33% from $221.24 million to $295.33 million in
Date: September 11, 2019 United States: Trump Adds to Pressure on Fed, Seeking Rates of Zero ‘Or Less’ “President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to refinance Treasury debt
