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
11 09, 2019

GENAC Positioned to Expand

2019-09-11T16:40:51-05:00

Date: September 11, 2019 General Accident had another year of success as Chairman, Paul B.  Scott, stated, this year was, “one that delivered strong results and successfully combined profitability and solvency.” GENAC produced a commendable performance for the year ended December 31, 2018, improving net profit by 33% from $221.24 million to $295.33 million in

GENAC Positioned to Expand2019-09-11T16:40:51-05:00
10 09, 2019

EPLY expects to fully deploy the Caribbean Mezzanine Fund this year

2019-09-10T19:11:51-05:00

Date: September 10, 2019 Eppley Limited has completed its first full five years as a public company and Chairman, P.B. Scott  stated that “in no year since our listing has our return on equity been less than 10%.” The Company has grown considerably since its listing as, Eppley’s net profit was $15 million. In addition,

EPLY expects to fully deploy the Caribbean Mezzanine Fund this year2019-09-10T19:11:51-05:00
10 09, 2019

LAB reports 17% increase in nine months net profit

2019-09-10T14:56:28-05:00

Date: September 10, 2019 The Limner and Bards Limited (LAB), for the nine months ended July 31, 2019, reported a 24% increase revenues to $486.28 million versus $391.28 million booked in 2018. Revenues for the quarter rose by 16% to $151.80 million (2018: $130.64 million). Management noted, “The revenue growth is attributable to increases in

LAB reports 17% increase in nine months net profit2019-09-10T14:56:28-05:00
9 09, 2019

Seprod continues to seek acquisition opportunities and partnerships

2019-09-09T21:10:05-05:00

Date: September 09, 2019 Seprod yielded a commendable performance for the year ended December 31, 2018, reinforcing the Group’s firm footing to continue on its growth agenda. Revenues increased to $23.55 billion compared to $16.50 billion the prior year, a 43% increase. Moreover, profit was up 64% from $648 million to $1.4 billion in 2018. 

Seprod continues to seek acquisition opportunities and partnerships2019-09-09T21:10:05-05:00
9 09, 2019

Featured Stock: MEEG

2019-09-09T13:38:49-05:00

Date: September 09, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 09.09.19 MEEG 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: MEEG2019-09-09T13:38:49-05:00
6 09, 2019

JBG reports 8% decline in three months net profit attributable to shareholders

2019-09-06T14:11:31-05:00

Date: September 6, 2019 Jamaica Broilers Group (JBG) for the three months ended July 31,2019 reported total revenues of $13.26 billion, a 9% increase on the $12.16 billion reported in 2018. Total revenue was broken down as follows. Of total revenues: The Jamaica Operations contributed $8.38 billion, a 2% increase compared to $8.24 billion for

JBG reports 8% decline in three months net profit attributable to shareholders2019-09-06T14:11:31-05:00