20 09, 2019

SRA reports first quarter net loss of $1.56 million

2019-09-26T20:19:03-05:00

Date: September 20, 2019 Revenue for the period decreased by 70%, amounting to $22.85 million in 2019 relative to $77.06 million in the same of last year. Management noted that, “this decrease was due to mainly the unavailability of pigs on the market; this shortfall in supply was however partially supplemented by revenue from slaughter

SRA reports first quarter net loss of $1.56 million2019-09-26T20:19:03-05:00
20 09, 2019

IMF Staff Completes Review Mission to Jamaica

2019-09-26T14:06:57-05:00

September 20, 2019   The IMF team congratulates Jamaica for the successful completion of the country’s economic reform program supported by the IMF’s Stand-By Arrangement. The authorities’ exemplary program implementation has resulted in a stronger economy with significant reduction in vulnerabilities, and increased job creation. Broad-based ownership across stakeholders and the continued commitment to public

IMF Staff Completes Review Mission to Jamaica2019-09-26T14:06:57-05:00
19 09, 2019

U.S. Current Account Deficit down by $8.0 billion-2nd Quarter 2019

2019-09-19T20:12:28-05:00

Date: September 19, 2019 The U.S. current account deficit in the second quarter of 2019, decreased by $8.0 billion, or 5.9%, to $128.2 billion from the revised first quarter deficit of $136.2 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries.

U.S. Current Account Deficit down by $8.0 billion-2nd Quarter 20192019-09-19T20:12:28-05:00
18 09, 2019

Annual inflation falls to 1.0% in the euro area

2019-09-18T19:20:27-05:00

Date: September 18, 2019 In August 2019, the euro area annual inflation rate was 1.0%, stable compared to July. Compared to the previous year, the rate was 2.1%. Additionally, the European Union annual inflation was reported at 1.4% in August 2019, stable compared to July. Compared to the previous year, the rate was 2.2% according

Annual inflation falls to 1.0% in the euro area2019-09-18T19:20:27-05:00
17 09, 2019

 Consumer Price Index – August 2019

2019-09-17T17:05:58-05:00

Date: September 17, 2019  Consumer Price Index – August 2019 The consumer price index for the month of August 2019 increased by 0.8%, following a 1.1% increase in its index for July 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of August rose to 263.1 relative to

 Consumer Price Index – August 20192019-09-17T17:05:58-05:00
16 09, 2019

MEEG reports 2% increase in nine months net profit

2019-09-16T19:40:20-05:00

Date: September 16, 2019 Main Event Entertainment Group Limited (MEEG) for the nine months ended July 31, 2019 recorded a total of $1.36 billion in revenue compared to $1.07 billion booked for the period ended July 31, 2018, a 28% increase year over year. Revenue for the quarter rose 29% to close the quarter at

MEEG reports 2% increase in nine months net profit2019-09-16T19:40:20-05:00
16 09, 2019

CAC reports nine months net loss of $39.47 million

2019-09-16T19:38:51-05:00

Date: September 16, 2019 CAC 2000 (CAC) revenues for the nine months ended July 31, 2019 decreased 19% to $737.69 million relative to $908.81 million for the comparable period in 2018. Revenues for the third quarter decreased by 22% to $221.21 million compared to $285.38 million for the same period the prior financial year. Cost of

CAC reports nine months net loss of $39.47 million2019-09-16T19:38:51-05:00
16 09, 2019

Featured Stock: MDS

2019-09-16T13:50:11-05:00

Date: September 16, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 16.09.19 MDS 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

Featured Stock: MDS2019-09-16T13:50:11-05:00
13 09, 2019

U.S. import prices fall 0.5% while export prices slide 0.6%

2019-09-13T18:12:13-05:00

Date: September 13, 2019 August’s import prices declined 0.5%, according to the U.S. Bureau of Labor Statistics after rising 0.1% the previous month. This decrease was mostly attributable to the falling prices in fuel imports while nonfuel goods remained unchanged. Nonetheless, export prices fell 0.6% in August relative to a 0.2% increase the previous month..

U.S. import prices fall 0.5% while export prices slide 0.6%2019-09-13T18:12:13-05:00
12 09, 2019

SGJ reports 12% decline in nine months net profit attributable to shareholders

2019-09-12T16:49:44-05:00

Date: September 12, 2019 Scotia Group Jamaica Limited (SGJ) for the nine months ended July 30, 2019, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income declined by 2% to $18.69 billion, moving from $19.12 billion for the corresponding period in 2018. Interest Income for the period decreased from $21.54 billion in 2018 to $20.67 billion while

SGJ reports 12% decline in nine months net profit attributable to shareholders2019-09-12T16:49:44-05:00