10 11, 2020

Dividend Declaration: JMMB Group Limited (JMMBGL)

2020-11-10T16:02:10-05:00

November 10, 2020 JMMB Group Limited (JMMBGL) has declared an interim dividend of twenty-five cents ($0.25) per ordinary stock unit to stockholders on record as at November 24, 2020. The interim dividend will be payable on December 21, 2020, subject to the following conditions: i. Payment will be made in keeping with the Bank of

Dividend Declaration: JMMB Group Limited (JMMBGL)2020-11-10T16:02:10-05:00
10 11, 2020

Dividend Consideration: Stationery & Office Supplies Limited (SOS)

2020-11-10T16:01:14-05:00

November 10, 2020 Stationery & Office Supplies Limited (SOS) has advised that a Board of Directors’ meeting will be held on November 17, 2020 at which a dividend payment will be considered. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also

Dividend Consideration: Stationery & Office Supplies Limited (SOS)2020-11-10T16:01:14-05:00
10 11, 2020

JP reports 53% rise in nine months net profit

2020-11-10T15:24:55-05:00

November 10, 2020 Jamaica Producers Group Ltd (JP) Unaudited Financial Statements for Nine Months ended September 30, 2020: Jamaica Producers Group Limited (JP), for the nine months ended September 30, 2020 experienced a 4% decrease in revenue to total $14.84 billion compared to the $15.38 billion reported in 2019. The Company posted 2% increase in

JP reports 53% rise in nine months net profit2020-11-10T15:24:55-05:00
10 11, 2020

USA Unemployment Rate Fell to 6.9% in October

2020-11-10T14:41:02-05:00

November 10, 2020 Total nonfarm payroll employment climbed 638,000 in October, as the unemployment rate fell to 6.9%, according to a report by the U.S. Bureau of Labour Statistics (BLS). The improved performance was due to the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to

USA Unemployment Rate Fell to 6.9% in October2020-11-10T14:41:02-05:00
10 11, 2020

MAILPAC reports 67% increase in nine months net profit

2020-11-10T11:55:08-05:00

November 10, 2020 Mailpac Group Limited (MAILPAC)’s revenue amounted to $1.21 billion for the nine months ended September 30, 2020, 42% greater than $851.44 million booked twelve months earlier. While, for the quarter, revenues closed at $476.54 million. Cost of sales totalled $623.04 million (2019: $409.61 million). As a result, gross profit amounted to $584.35 million

MAILPAC reports 67% increase in nine months net profit2020-11-10T11:55:08-05:00
10 11, 2020

Overseas Headlines- November 10, 2020

2020-11-10T08:27:02-05:00

United States: U.S. Trade Policy Is Ready for its Biden Makeover “If he winds up facing a hostile Senate, President-elect Joe Biden will struggle to make sweeping policy changes. But for better or worse, executive power has expanded to the point where Biden will be able to make progress on a number of fronts without

Overseas Headlines- November 10, 20202020-11-10T08:27:02-05:00
9 11, 2020

PULS reports 24% increase in first quarter net profit

2020-11-09T16:10:57-05:00

November 9, 2020 Pulse Investments Limited (PULS), for the three months ended September 30, 2020 reported a $17.41 million increase in operating revenue  to $166.69 million in the first quarter relative to $149.27 million the prior year, representing a 12% increase. Administrative and other expenses amounted to $55.52 million (2019: $50.34 million), an increase of

PULS reports 24% increase in first quarter net profit2020-11-09T16:10:57-05:00
9 11, 2020

LASM reports 31% increase in six months net profit

2020-11-09T16:06:21-05:00

November 9, 2020 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2020, recorded an increase of $276.02 million or 7% in revenue to total $4.12 billion relative to the $3.85 billion recorded for the comparable period in 2019. For the second quarter, total revenue closed at $2.28 billion (2019: $2.06 billion), a

LASM reports 31% increase in six months net profit2020-11-09T16:06:21-05:00
9 11, 2020

FIRSTROCK reports nine months net profit attributable to shareholders of US$2.40 million

2020-11-09T16:02:18-05:00

November 9, 2020 FIRSTROCK Capital Holdings Group (FIRSTROCK), for the nine months ended September 2020, recorded total investment income of US$4.80 million (2019: US$989,888). Of this, Rental income amounted to US$324,971 (2019: US$9,471). Realised and unrealised gains on investments totalled US$3.45 million versus US$386,231 reported in 2019. Interest income closed at US$1.06 million (2019: US$219,885)

FIRSTROCK reports nine months net profit attributable to shareholders of US$2.40 million2020-11-09T16:02:18-05:00
9 11, 2020

Special Advisory: Mayberry Jamaican Equities Limited (MJE)

2020-11-09T16:01:05-05:00

November 09, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that Mr. Richard DuBoulay has resigned as Board Director effective November 6, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this

Special Advisory: Mayberry Jamaican Equities Limited (MJE)2020-11-09T16:01:05-05:00