30 04, 2021

Mayberry Jamaican Equities Limted (MJE) Q1 2021 Unaudited Financial Results

2021-04-30T16:00:19-05:00

April 30, 2021   Please click the link below for Mayberry Jamaican Equities Limited's (MJE) Q1 2021 Unaudited Financial Results1. Mayberry-Jamaican-Equities-Ltd.-Q1-March-2021-Results (JMD) Mayberry-Jamaican-Equities-Ltd.-Q1-March-2021-Results (USD)   Company Disclosure -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,

Mayberry Jamaican Equities Limted (MJE) Q1 2021 Unaudited Financial Results2021-04-30T16:00:19-05:00
30 04, 2021

NCBFG reports 31% decline in six months net profit

2021-04-30T09:29:18-05:00

April 30, 2021 NCB Financial Group Limited (NCBFG), for the six months ended March 31, 2021, booked a 3% decrease in net interest income to total $27.10 billion relative to the $28 billion booked the corresponding period in 2020. For the second quarter ended March 31, 2021, net interest income fell 6% to close at

NCBFG reports 31% decline in six months net profit2021-04-30T09:29:18-05:00
30 04, 2021

Overseas Headlines – April 30, 2021

2021-04-30T08:33:35-05:00

United States: Affluent Americans Rush to Retire in New ‘Life-Is-Short’ Mindset “After a year of early-morning Zoom calls, the specter of a deadly virus and soaring stock and real estate values, working American baby boomers who can afford it plan to get out while the getting’s good. About 2.7 million Americans age 55 or older

Overseas Headlines – April 30, 20212021-04-30T08:33:35-05:00
29 04, 2021

U.S. Consumer Confidence Index Up Sharply in April 2021

2021-04-29T18:45:26-05:00

April 29, 2021 As of April 2021, the United States Consumer Confidence Index increased to 121.7, up from 109.0 recorded at the end of March 2021.  Also, “the Present Situation Index, based on consumers' assessment of current business and labor market conditions, soared from 110.1 to 139.6,” as per the Conference Broad. Moreover, “the Expectations

U.S. Consumer Confidence Index Up Sharply in April 20212021-04-29T18:45:26-05:00
29 04, 2021

U.S. First Quarter 2021 Gross Domestic Product rose 6.4%

2021-04-29T18:21:25-05:00

April 29, 2021 Real gross domestic product (GDP) rose at an annual rate of 6.4% for the first quarter of 2021 according to the advance estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2020, real GDP had a 4.3% growth. The upward movement in real GDP for the first

U.S. First Quarter 2021 Gross Domestic Product rose 6.4%2021-04-29T18:21:25-05:00
29 04, 2021

Gas Price Movement – April 29, 2021

2021-04-29T15:07:24-05:00

Brent Oil Brent oil prices increased by 3.39% or US$2.22, as prices increased this week relative to the prior week. Oil traded on April 29, 2021 at a price of US$67.62 per barrel relative to US$65.40 on April 22, 2021. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased

Gas Price Movement – April 29, 20212021-04-29T15:07:24-05:00
29 04, 2021

CCC reports 216% increase in first quarter net profit

2021-04-29T12:29:48-05:00

Date: April 29, 2021 Caribbean Cement Company Limited (CCC), for the three months ended March 2021, reported total revenue of $5.97 billion for the quarter, an increase of 31% when compared with the $4.55 billion reported in 2020. Cost of sales amounted to $3.08 billion (2020: $2.68 billion), which resulted in gross profit of $2.88

CCC reports 216% increase in first quarter net profit2021-04-29T12:29:48-05:00
29 04, 2021

PURITY reports year end net loss of $14.42 million

2021-04-29T11:50:37-05:00

April 29, 2021 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a 3% decrease in revenue to $993.98 million from $1.03 billion reported for the corresponding period in 2019. For the quarter, the Company recorded revenues of $223.98 million (2019: $240.61 million), representing a 7% decline. Cost of sales for the year ended December 31, 2020 fell

PURITY reports year end net loss of $14.42 million2021-04-29T11:50:37-05:00
29 04, 2021

PJX reports 57% increase in year end net profit

2021-04-29T10:31:44-05:00

April 29, 2021 Portland JSX Limited (PJX) reported net gains on financial assets classified as at fair value through profit and loss of US$2.60 million compared to a gain of US$2.31 in 2020. PJX recorded a net gain on financial assets classified as at fair value through profit and loss for the fourth quarter of US$3.76 million

PJX reports 57% increase in year end net profit2021-04-29T10:31:44-05:00
29 04, 2021

Overseas Headlines – April 29, 2021

2021-04-29T08:32:48-05:00

United States: Weaponizing Dollar Risks Echo of Sterling’s Decline, Study Says “U.S. officials leveraging the dollar’s dominance as a reserve currency to wield influence should heed the lessons of the Sterling Area’s decline, according to a newly published study. The paper, released this month by the Centre for Economic History at Queen’s University Belfast, looks

Overseas Headlines – April 29, 20212021-04-29T08:32:48-05:00