Date: September 2, 2019 iCreate Limited (ICREATE) for the six months ended June 30, 2019 reported revenues of $25.02 million, up from $19.74 million reported a year ago. For the quarter, ICREATE posted $13.13 million ( 2018: $8.25 million) in revenue. Management noted, “Our Kingston location accounts for approximately 98% of total revenues, signalling a
Date: September 2, 2019 In July, personal income rose $23.9 billion (0.1%) in the U.S. according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $44.4 billion (0.3%) and personal consumption expenditures (PCE) grew $93.1 billion (0.6%). Real DPI rose 0.1% in July and Real PCE climbed 0.4%. The PCE
September 02, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 02.09.19 GENAC 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 the
Date: August 30, 2019 Fontana Limited recorded a 8% increase in revenues to total $3.70 billion compared to $3.42 billion for the same period in 2018. Revenue to the quarter rose 15% to close the fourth quarter at $593.86 million (2018: $515.73 million). Cost of Sales for the year increased 12%, closing at $2.38 billion,
August 29, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the new Governor, Mr. Richard Byles, commented on the Bank’s decision to lower the policy interest rate by 25 basis points to 0.50% effective August 28, 2019. According to the Governor, “Bank of Jamaica’s decision to cut
Date: August 29, 2019 Income increased by 5% to $651.16 million relative to the $617.40 million recorded for the corresponding nine months period the prior year. Other operating income also increased for the period under review, growing 4% to $27.76 million relative to $26.77 a year earlier. Income for the third quarter rose 9% to
August 27, 2019 Bank of Jamaica (BOJ) announces its decision to lower the policy interest rate (the rate offered on overnight placements with BOJ) by 25 basis points to 0.50 per cent, effective Wednesday, 28 August 2019. This decision reflects Bank of Jamaica’s assessment that inflation is projected to average 4.3 per cent over
Date: August 27, 2019 Blue Power Group Limited (BPOW) for the three months ended July 31, 2019 revenues increased by 2%, year over year, totaling $443.91 million (2018: $436.45 million) as sales from the Lumber division increased by 9%, while sales from the Blue Power division fell by 14%. Cost of Sales for the quarter
Date: August 27, 2019 1834 Investments Limited (1834) For the three months ended June 30, 2019 Revenue for the first quarter of the 2019 financial year declined by 31% to $5.67 million (2018: $8.23 million). Other operating income increased in the first quarter of 2019 to $26.12 million. This compares to the prior year’s period
Date: August 26, 2019 Mr. Wayne Henry, Director General for PIOJ in his address to the audience, highlighted the 2017 Poverty Overturn in addition to the perspective on the likelihood of a global recession and how it would affect Jamaica. In regards to Employment Update, the Director General briefly highlighted that for the month of
