September 30, 2019 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. The decision to hold the policy rate unchanged is based on the Bank’s current assessment that monetary conditions are generally appropriate to
September 30, 2019 Overview Jamaica has made material progress in achieving macroeconomic stability and strengthening of its external position, improving its ability to withstand external shocks. As a result, we are raising our long-term foreign and local currency sovereign credit ratings on Jamaica to 'B+' from 'B' and affirming our short-term foreign and local
September 27, 2019 Elite Diagnostic Limited (ELITE), audited results for the year ended June 30, 2019, booked a 36% increase in revenue to total $404.87 million compared to $297.76 million for the prior year. Revenue for the fourth quarter rose by 49% to $115.62 million (2018: $77.85 million). The Company highlighted that, “the increase in
September 26, 2019 Pulse Investments Limited (PULS), for the year ended June 30, 2019 reported that Revenue increased 40% year on year, closing the year at $619.88 million, up from $444.04 million in 2018, while for the fourth quarter revenue amounted to $274.56 million up 110% compared to the $130.81 million booked in 2018. Administrative and
September 26, 2019 Real gross domestic product (GDP) grew for the second quarter of 2019 at an annual rate of 2.0%, based on the "third" estimate released by the Bureau of Economic Analysis (BEA). The first quarter of 2019 real GDP yielded an increase of 3.1%. According to BEA, the third estimate, released today, is
Date: September 25, 2019 In the second quarter 2019, state personal income rose 5.4% at an annual rate relative to a 6.2% increase in the first quarter according to estimates released by Bureau of Economic Analysis (BEA). The BEA also noted, “the percent change in personal income across all states ranged from 7.5% in Texas
September 24, 2019 The financial year 2019 marked the first year of taxes for KREMI, as such, the Company has strategies in place to boost revenue. The Chairman, Carol Clarke-Webster, noted that , “Caribbean Cream Limited invested over US$500,000 in this new line, which has the capacity to supply the current Jamaican market, as well
September 23, 2019 “The future looks really excellent” stated by the Chairman, Lascelles Chin as he commented on a challenging year. The Chairman also noted that, we have now been able to implement all the necessary procedures and we are ready for rolling,” after acquiring Credit Scotia last year. Mrs. Jacinth Hall-Tracey, the managing director
Please see attached USA Monthly Economic Review. USA Economic Review -August 2019 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 report. Each research analyst (s) also certify that no part of
Date: September 23, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 23.09.19 SALF 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 on
