Date: August 13, 2019 FosRich Company Limited’s (FOSRICH) Chairman, Mr. Marion Foster, hosted the Company’s second Annual General Meeting (AGM) today. The Chairman of the Board started the proceedings by welcoming shareholders followed by an introduction of the Board. Mr. Cecil Foster, Managing Director, stated “ for the past three years the company has seen
Date: August 13, 2019 "The Consumer Price Index for All Urban Consumers (CPI-U) recorded a 0.3 % increase in July on a seasonally adjusted basis after the 0.1% climb in June” according to the U.S. Bureau of Labor Statistics report released today. Over the last 12 months, the all items index increased 1.8% before seasonal
Date: August 13, 2019 Elite Diagnostic Limited (ELITE), for the year ended June 30, 2019, booked a 36% increase in revenue to total $404.39 million compared to $298.23 million for the same period in 2018. Revenue for the fourth quarter rose by 46% to $115.14 million (2018: $79.08 million). The Company highlighted that, “the increase
Date: August 12, 2019 Honey Bun (1982) Limited (HONBUN), for the nine months ended June 30, 2019, revenue grew by 16% amounting to $1.17 billion, up from $1.01 billion reported a year ago. For the quarter, revenue climbed by 19% to total $394.49 million relative to the $331.73 reported the prior year’s corresponding quarter. The
Date: August 12, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 12.08.19 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
Date: August 9, 2019 July’s Producer Price Index for final demand recorded a 0.2% increase, seasonally adjusted, according to the U.S. Bureau of Labor Statistics reported today. Final demand prices inched up 0.1% in June and May. On an unadjusted basis, the final demand index rose 1.7% for the 12 months ended in July. This
Date: August 9, 2019 Carreras Limited, for the three months ended June 30, 2019, reported Operating Revenue of $3.46 billion, 10% increase relative to $3.15 billion booked in 2018. The company highlighted that, “This positive outturn over the prior period is underpinned by the positive volume trend from current market dynamics and benefits being derived
Date: August 9, 2019 Fosrich Company Limited (FOSRICH) for the six months ended June 30, 2019, Turnover grew 26% year on year, to close the period at $746.43 million compared to the $592.29 million for the same period last year. For the second quarter, the company posted an increase of 15% in revenues to close at
Date: August 08, 2019 tTech Limited (tTech) for the six months ended June 30, 2019; booked an 8% increase in revenues to $156.91 million compared to $145.25 million recorded for the prior financial year’s six month period. According to management, “monthly recurring revenues continue to trend in the right direction and our organization is
Date: August 8, 2019 Net International Reserves- July 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,951.35 million as at July 2019, reflecting a decline of US$83.96 million relative to the US$3,035.31 million reported as at the end of June 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$89.30
