Date: May 15, 2018 Eppley Limited (EPLY), for the first three months ended March 31, 2018 reported interest income of $73.71 million an increase of 18% when compared to the $62.54 million recorded the previous year. Interest expenses amounted to $45.11 million, a 22% increase when compared to $36.86 million for the corresponding period in
May 15,2018 United States: As U.S. debt levels soar, euro zone bonds act as alternative Worsening government finances, a fragile currency, rising interest rates and heightened political uncertainty? U.S. Treasury bonds’ status as the world’s ‘risk-free’ asset looks shaky and euro zone debt may offer an alternative. Global investors looking to minimize risk — particularly
Date: May 14, 2018 Key Insurance Company Limited (KEY), for the first three months ended March 31, 2018 reported a 31% increase in net premiums written from $199.17 million to $261.60 million. This was as a result of a 31% increase in gross premiums written from $295.93 million to $387.66 million. Reinsurance cede for the first
Date: May 14, 2018 Sagicor Bank Jamaica Limited (SBJ) has advised that Mr. Sean Parris, Vice President Operations will be separated from the Bank effective May 18, 2018. SBJ further advised that Mr. Parris’ departure is as a result of a redundancy exercise being undertaken by the Bank as part of the Bank’s program to
Date: May 14, 2018 Ventures Limited (SVL) has advised that a connected party sold 57,286 SVL shares on May 11, 2018.
May 14, 2018 Net International Reserves- April 2018 Jamaica’s Net International Reserves (NIR) totaled US$3,106.57 million as at April 2018, reflecting an increase of US$32.00 million relative to the US$3,074.57 million reported as at the end of March 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$25.75 million
May 14, 2018 tTech Limited (tTech) for the three months ended March 31, 2018 reported operating revenues of $69.82 million, a 23% increase when compared to $56.59 million recorded for the corresponding period last year. tTech highlighted, “Our consulting team closed on a major Portfolio and Project Management services contract and closed strategic IT planning
May 14, 2018 Please click below to view today’s featured stock. Weekly Picks 14.05.18 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
May 14, 2018 United States: No, the U.S. Economy Isn’t Overheating Want ads for truck drivers to haul crude oil in Texas are touting salaries as high as $150,000 a year. Some nurses are getting $25,000 signing bonuses. The U.S. unemployment rate just fell to 3.9 percent, one tick away from its lowest since the
May 11, 2018 Wisynco Group Limited (WISYNCO) for the nine months ended March 31,2018 reported total revenue of $18.06 billion for the nine months ended March 31, 2018, a 14.6% or $2.31 billion increase when compared with the $15.75 billion reported for the same period in 2017. Total revenues for the quarter amounted to $5.82 billion
