10 11, 2017

GK reports 57% increase in third quarter net profit.

2017-11-10T15:46:12-05:00

Grace Kennedy Limited (GK) For the Nine Months ended September 30, 2017: Revenue totalled $69.30 billion for period (2016: $66.65 billion), a year over year increase of 4%. For the quarter the company increased revenue by 1.75% to total $22.93 billion (2016: $22.53 billion). The biggest contributor to the group’s overall revenue for the nine

GK reports 57% increase in third quarter net profit.2017-11-10T15:46:12-05:00
10 11, 2017

NCBFG reports a 32% growth in year-end profits

2017-11-10T21:30:39-05:00

NCB Financial Group Limited (NCBFG) for year ended September 31, 2017, recorded a 6% increase in Net Interest Income relative to the corresponding period in 2016, to total $29.76 billion (2016: $28.12 billion). For the quarter Net Interest Income also improved 6% to close at $7.57 billion (2016: $7.13 billion).  Interest Income for the year

NCBFG reports a 32% growth in year-end profits2017-11-10T21:30:39-05:00
10 11, 2017

Overseas Headlines – November 10, 2017

2017-11-10T12:57:52-05:00

U.S.:  Dollar set for biggest weekly drop in four weeks on tax concerns The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. But the greenback was set for its biggest weekly drop in four weeks as investors

Overseas Headlines – November 10, 20172017-11-10T12:57:52-05:00
9 11, 2017

PROVEN reports a 5% decrease in six months profit attributable to shareholders

2017-11-09T18:21:43-05:00

Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2017 booked Net Interest  of $4.68 million, up from the $3.40 million documented in 2016. Net Interest Income for six month ended September 30, 2017 totaled $9.20 million, an increase of approximately $2.12 million relative

PROVEN reports a 5% decrease in six months profit attributable to shareholders2017-11-09T18:21:43-05:00
9 11, 2017

Overseas Headlines – November 09, 2017

2017-11-09T12:56:07-05:00

U.S.:  Dissecting the $250 Billion China Deals Trump Got for U.S. How does $250 billion in deals get sliced? The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals,

Overseas Headlines – November 09, 20172017-11-09T12:56:07-05:00
8 11, 2017

Management Resignation: Mayberry Investments Limited (MIL)

2017-11-08T21:37:00-05:00

Mayberry Investments Limited (MIL) has advised that Mr. Nathanael Samuels, Chief Financial Controller has resigned effective August 31, 2017. MIL further advised that Mrs. Dianne Tomlinson-Smith assumed the role effective September 1, 2017.

Management Resignation: Mayberry Investments Limited (MIL)2017-11-08T21:37:00-05:00
8 11, 2017

Dividend Declaration: Proven Investments Limited (Proven)

2017-11-08T21:36:00-05:00

Proven Investments Limited (Proven) has declared an interim dividend of US$0.0032 per share payable on December 4, 2017 to ordinary shareholders on record as at November 20, 2017. The ex-dividend date is November 16, 2017. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.316829 per share. PROVEN has also

Dividend Declaration: Proven Investments Limited (Proven)2017-11-08T21:36:00-05:00
8 11, 2017

Dividend Declaration:Jamaica Public Service  (JPS)

2017-11-08T21:35:04-05:00

Jamaica Public Service  (JPS) has declared quarterly preference dividends payable on December 29, 2017 to shareholders on record as at December 15, 2017 on the undermentioned classes of Preference Shares: (a) 7% Cumulative Preference Shares “B” - $0.035 (b) 5% Cumulative Preference Shares “C” - $0.025 (c) 5% Cumulative Preference Shares “D” - $0.025 (d)

Dividend Declaration:Jamaica Public Service  (JPS)2017-11-08T21:35:04-05:00
8 11, 2017

Dividend Declaration:JMMB Group Limited (JMMBGL)

2017-11-08T21:33:55-05:00

JMMB Group Limited (JMMBGL) has declared an interim dividend of $0.20 per share payable on December 19, 2017 to shareholders on record as at November 22, 2017.  The ex-dividend date is November 20, 2017.

Dividend Declaration:JMMB Group Limited (JMMBGL)2017-11-08T21:33:55-05:00