Trade in Shares: Sagicor Group Jamaica Limited (SJ)
Kimberly James2018-07-20T19:30:05-05:00July 20, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a connected party sold 15,000 SJ shares on July 18, 2018.
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07, 2018
LASD Reports 19% Net Profit Growth for the First Quarter
Kimberly James2018-07-20T15:06:33-05:00Date: July 20, 2018 Lasco Distributors Limited (LASD), for the three months ended June 30, 2018, posted a 4% growth in revenues to $4.28 billion, up from $4.13 billion in the corresponding period in 2017. Cost of sales amounted to $3.41 billion relative to the $3.31 billion posted for the prior year. Gross profit also
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07, 2018
Overseas Headlines – July 20, 2018
Rachel Kirlew2018-07-20T12:20:12-05:00Date: July 20, 2018 United States: Trump Says He’s ‘Ready To Go’ With $500 Billion in Tariffs on All China Imports President Donald Trump said he’s "ready to go" with tariffs on $500 billion of Chinese imports, saying the U.S. has been taken advantage of for too long. "I’m not doing this for politics. I’m
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07, 2018
C2W Reports Net Loss of US$$11,311 for the First Quarter
Kimberly James2018-07-19T21:56:30-05:00Date: July 19, 2018 C2W Music Limited (C2W), revenue remained unchanged as zero returns were recorded for the three months ended March 31, 2018. C2W incurred US$9, 816 for total expenses, a 54% increase compared to US$6,394 last year for the comparable period. Consequently, C2W reported an operating loss for the quarter of US$11,311 by
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07, 2018
Dividend Declaration: Jamaica Stock Exchange (JSE)
Kimberly James2018-07-19T20:02:20-05:00July 19, 2018 Jamaica Stock Exchange (JSE) has advised that at a meeting of the Board of Directors held on July 19, 2018, the Directors declared an interim dividend of $0.164 per ordinary share payable to shareholders on record at August 3, 2018 to be paid on August 20, 2018. The ex-dividend date will be
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07, 2018
JSE reports 88% increase in six months net profits
Crystal Gayle2018-07-19T17:44:35-05:00Date: July 19, 2018 Jamaica Stock Exchange Limited (JSE) ,for the first six months ended June 30, 2018 recorded total revenue of $665.92 million, a 39% increase when compared to the $477.65 million booked the prior year’s corresponding period. For the second quarter the company reported a 34% increase in total revenue to close the quarter
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07, 2018
Overseas Headlines – July 19, 2018
Rachel Kirlew2018-07-19T12:17:09-05:00Date: July 19, 2018 United States: Fed’s Powell Says Gradual Rate Hikes Are the Best Path ‘For Now’ Federal Reserve Chairman Jerome Powell said the central bank will continue to gradually raise interest rates “for now’’ to keep inflation near target amid a strong U.S. labor market. The Federal Open Market Committee, the Fed panel
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07, 2018
Special Advisory: GraceKennedy Limited (GK)
Kimberly James2018-07-18T20:20:38-05:00July 18, 2018 GraceKennedy Limited (GK) has announced a round of restructuring activities starting July 2018. The Company has advised that it is taking a close look at overall organizational design, cost structure, and business processes at all levels to achieve sustainable efficiency, greater agility and revenue growth. GK has contracted a third party consulting
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07, 2018
Special Advisory: Ciboney Group Limited (CBNY)
Kimberly James2018-07-18T20:19:00-05:00July 18, 2018 Ciboney Group Limited (CBNY) has advised that Finsac’s attempt in April 2018 to sell its 72% shareholding in the company was aborted and hence the prospect of achieving a change of ownership within the first quarter of the new financial year cannot now be achieved. Finsac has advised that it intends to
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07, 2018
CBNY reported net profit of $247.42 million for their year end
Rachel Kirlew2018-08-31T16:03:29-05:00Date: August 31, 2018 Ciboney Group Limited (CBNY) presented the audited results for the year ended May 31, 2018 which higlighted financial income for the period totalled $1.72 million up from the $154,000 reported for the comparable quarter in 2017. Financial income for the quarter amounted to $39,000, a gross increase of 88% relative to