9 03, 2018

Overseas Headlines – March 9,2018

2018-03-09T13:04:01-05:00

March 9, 2018  United States: Strong U.S. job growth forecast; unemployment rate seen at 4 percent U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months

Overseas Headlines – March 9,20182018-03-09T13:04:01-05:00
9 03, 2018

Scotia to launch Intelligent Deposit Machines

2018-03-09T00:54:55-05:00

March 08,2018 Scotia Group Jamaica Limited (SGJ) 11th Annual General Meeting was held today, at the Pegasus Hotel. Opening remarks were made by Mr. Jeffrey Hall, SGJ’s Chairman where he officially welcomed Mr. David Noel as Scotia’s newly appointed President and CEO and emphasized how the general improvement of the Jamaican economy has led to

Scotia to launch Intelligent Deposit Machines2018-03-09T00:54:55-05:00
9 03, 2018

JBG reports 12% decline in profits attributable to shareholders for the nine months ended

2018-03-09T00:18:32-05:00

March 8,2018 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2018 reported total revenues of $35.68 billion, an 11% increase relative to $32.12 billion reported in for the comparable period in 2017. Revenue for the third quarter amounted to $12.66 billion, an 8% increase compared to $11.69 billion booked for the corresponding

JBG reports 12% decline in profits attributable to shareholders for the nine months ended2018-03-09T00:18:32-05:00
8 03, 2018

Special Advisory: Supreme Ventures Limited (SVL)

2018-03-08T22:08:38-05:00

March 8, 2018 Supreme Ventures Limited (SVL) has advised that it has signed an agreement with the Guyana Gaming Authority (GGA), which opens up the potential for operations in Guyana. SVL further advised that the agreement is subject to a confidentiality clause, and in this regard as soon as SVL is able to and is

Special Advisory: Supreme Ventures Limited (SVL)2018-03-08T22:08:38-05:00
8 03, 2018

SGJ reports a 56.41% increase in profits attributable to shareholders for the first quarter

2018-03-08T19:23:33-05:00

March 8,2018 For the three months ended January 31, 2018, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income marginally increased by 0.16% to $6.64 billion, moving from $6.62 billion for the corresponding period in 2017, while Interest Expenses declined by 25.80% to total $850.34 million (2017:$1.15 billion). Interest Income for the period decreased from $7.77 billion

SGJ reports a 56.41% increase in profits attributable to shareholders for the first quarter2018-03-08T19:23:33-05:00
8 03, 2018

X Fund net profit up 62% for year end December 2017

2018-03-08T19:09:43-05:00

March 8, 2018 Total Revenue for the year ended December 31, 2018 grew 29% to $13.11 billion (2016: $10.25 billion). For the fourth quarter ended December 31, 2017, the company’s total revenue however increased 56% to close at 3.04 billion (2016: $1.95 billion) Hotel revenue for the 2017 year end  increased to $10.27 billion relative

X Fund net profit up 62% for year end December 20172018-03-08T19:09:43-05:00
8 03, 2018

SJ reports 7% increase in year end Net Profits

2018-03-08T16:09:36-05:00

  Date: March 8, 2018 Sagicor Group Jamaica Limited (SJ), for the twelve months ended December 31, 2017, reported total revenues increased by 18% to $70.44 billion from $59.70 billion in 2016.Total revenue was broken down as follows; Net premium revenue increased by 22% to a total of $41 billion compared to $33.49 billion last

SJ reports 7% increase in year end Net Profits2018-03-08T16:09:36-05:00
8 03, 2018

Overseas Headlines – March 8,2018

2018-03-08T13:17:24-05:00

March 8,2018 United States: U.S. Stocks End Mixed as Trade War Concerns Ease: Markets Wrap U.S. stocks erased deep losses to end the day mixed as White House officials left open the possibility that President Donald Trump’s tariff proposals will spare neighbors from the most severe penalties. The dollar and Treasuries erased gains. The S&P

Overseas Headlines – March 8,20182018-03-08T13:17:24-05:00