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7 02, 2020

Caribbean Assurance Brokers Limited – Junior Market Prospectus

2020-02-07T18:29:00-05:00

February 07, 2020 Click the link below to view Caribbean Assurance Brokers Limited's Junior Market Prospectus.   Caribbean-Assurance-Brokers-Limited-Prospectus   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, distribution or taking any action in reliance

Caribbean Assurance Brokers Limited – Junior Market Prospectus2020-02-07T18:29:00-05:00
7 02, 2020

LASD reports 10% decline in nine months net profit

2020-02-07T13:29:01-05:00

Date: February 07, 2020 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2019,  posted 7% growth in revenue to $14.30 billion, up from $13.33 billion in the corresponding period in 2018. For the quarter, revenue increased by 8% closing at $4.90 billion (2018: $4.55 billion). Cost of sales amounted to $11.48 billion,

LASD reports 10% decline in nine months net profit2020-02-07T13:29:01-05:00
6 02, 2020

LASM reports 11% increase in nine months net profit

2020-02-06T13:25:29-05:00

Date: February 06, 2020 Lasco Manufacturing Limited (LASM) for the nine months ended December 31, 2019, reported total revenue of $5.84 billion compared to $5.61 billion in 2018. Revenue increased $182.40 million or 10% to a total of $2 billion in the third quarter, relative to the $1.81 billion recorded for the comparable quarter in

LASM reports 11% increase in nine months net profit2020-02-06T13:25:29-05:00
4 02, 2020

ROC reports 81% increase in year end net profit

2020-04-02T08:33:25-05:00

February 04, 2020 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2019 posted gross premiums of $701.42 million relative $571.84 million; representing a 23% increase. Fourth quarter gross premium amounted to $226.81 million, a 19% increase when compared to $190.33 million for the corresponding quarter of 2018. Change in gross provision for

ROC reports 81% increase in year end net profit2020-04-02T08:33:25-05:00
3 02, 2020

U.S. Personal Income rose $40.7 billion in December

2020-02-03T14:03:15-05:00

February 03, 2020 In December, personal income rose $40.7 billion (0.2%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $30.6 billion (0.2%) and personal consumption expenditures (PCE) grew $46.6 billion (0.3%). Real DPI rose 0.1% in December and Real PCE climbed 0.1%. The PCE price

U.S. Personal Income rose $40.7 billion in December2020-02-03T14:03:15-05:00
3 02, 2020

Government Operations Results for December 2019

2020-02-03T11:45:34-05:00

Date: February 03, 2020 For the period of April to December 2019, the GOJ reported Total Revenues & Grants of $468.43 billion, $9.67 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 7.1% relative to the $437.30 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax

Government Operations Results for December 20192020-02-03T11:45:34-05:00
31 01, 2020

NCBFG reports 5% increase in first quarter net profit

2020-01-31T11:19:52-05:00

January 31, 2020   For three months ended December 31, 2019, NCB Financial Group Limited (NCBFG) net interest income increased by 41%, relative to 2018, to total $13.92 billion (2018: $9.85 billion). NCB noted, “The core performance of the Group has improved and was strengthened by the consolidation of Guardian Holdings Limited (GHL). This was demonstrated

NCBFG reports 5% increase in first quarter net profit2020-01-31T11:19:52-05:00
30 01, 2020

BIL reports 364% increase in first quarter net profit

2020-01-30T11:44:15-05:00

January 30, 2020 For the first quarter ended December 31, 2019, Barita Investments Limited (BIL) net interest income rose by 69% amounting to $208.62 million relative to $123.61 million for the comparable quarter in 2018. “This increase was driven by continued increase in our balance sheet assets due to the continued deployment of the capital

BIL reports 364% increase in first quarter net profit2020-01-30T11:44:15-05:00
29 01, 2020

Fed maintains target range for federal funds rate

2020-01-29T20:47:25-05:00

January 29, 2020   Based on the latest information received by the Federal Open Market Committee (FOMC) since the last meeting in December 2019, the FOMC has noted that economic activity continues to rise at a moderate rate and labour market remains strong. In the recent months, the unemployment rate has remained low, while job

Fed maintains target range for federal funds rate2020-01-29T20:47:25-05:00
29 01, 2020

U.S. 2019 Q2 gross job gains was 7.6 million while gross job losses was 6.1 million

2020-01-29T14:34:52-05:00

January 29, 2020 Gross job gains from opening and expanding private-sector, from March 2019 to June 2019 , amounted to an increase of 230,000 jobs from the previous quarter to 7.6 million according to the Bureau of Labour Statistics (BLS). It was also noted that gross job losses from closing and contracting private-sector establishments booked

U.S. 2019 Q2 gross job gains was 7.6 million while gross job losses was 6.1 million2020-01-29T14:34:52-05:00