July 08, 2020 At CAC2000’s annual general meeting, Steven Marston, Chairman and Chief Executive Officer of CAC stated that, “in the 2018- 2019 financial year, we endured the greater part of the 18-month road construction works in the Three Miles area and while we are appreciative for the change, the development has negatively impacted our
Net International Reserves- June 2020 Jamaica’s Net International Reserves (NIR) totaled US$2,949.26 million as at June 2020, reflecting an increase of US$44.77 million relative to the US$2,904.49 million reported at the end of May 2020 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$33.31 million to total US$3,905.02
United States: What Wall Street Pros Will Look for This Earnings Season “Normally, when a company reports results, a predictable ritual ensues. Investors locate the relevant earnings per share, and compare it to the consensus estimate. Then they dial in to the conference call and listen for the next quarter guidance. But the old ways
July 7, 2020 Real gross domestic product (GDP) in the first quarter of 2020 declined in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the first quarter ranged from -1.3% in Nebraska to -8.2% in New York and Nevada.”
United States: Fed’s Bostic Sees Signs That Economic Activity Is Leveling Off “Economic activity in parts of the the U.S. is showing signs of leveling off amid a resurgence in coronavirus cases, according to Federal Reserve Bank of Atlanta President Raphael Bostic.“There are a couple of things that we are seeing and some of them
July 06, 2020 After the Member States began easing the COVID-19 containment measures in May 2020, the seasonally adjusted volume of retail trade rose by 17.8% in the euro area and by 16.4% in the EU, compared with April 2020, according to Eurostat, the statistical office of the European Union. However, in April 2020, the
United Sates: NYC Enters Phase Three of Reopening. Here’s What You Should Know “As other parts of the U.S. hastily roll back reopening plans, New York City is taking one more small step forward. On Monday, the city officially kicks off Phase Three, paving the way for legions of beauty businesses — nail salons, tanning
July 3, 2020 ISP Finance Services Limited (ISP) for the three months ended March 31, 2020, reported total interest income of $85.65 million compared to $86.23 million booked in 2019, a decrease of 1%. Interest expense which totalled $6.91 million relative to $7.59 million in 2019; this represents a 9% decline. As a result, net
United States: Fed Mulls Explicit Forward Guidance, Stays Wary of Yield Targets “Federal Reserve officials showed no readiness at their June meeting to commit to yield-curve control, but did reveal an eagerness to provide more guidance in coming months on the future path of interest rates and asset purchases. “Many participants remarked that, as long
June 2, 2020 Total nonfarm payroll employment climbed 4.8 million in June, as the unemployment rate fell to 11.1%, according to a report by the U.S. Bureau of Labour Statistics (BLS). The performance was due to the continued resumption of economic activity that had been curtailed in March and April, stemming from the coronavirus (COVID-19)
