2 05, 2018

Fed decides to keep rates in check

2018-05-02T20:16:36-05:00

May 2, 2018 The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent. According to a press release by the Federal Open Market Committee, “the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains

Fed decides to keep rates in check2018-05-02T20:16:36-05:00
2 05, 2018

Euro area unemployment at 8.5% EU28 at 7.1%

2018-05-02T17:08:34-05:00

May 2, 2018 For the month of March 2018 the euro area unemployment rate remained stable at 8.5% when compared to February 2018, according to the latest report published by Eurostat. However, year over year, unemployment rate fell 0.9%  from 9.4% recorded in March 2017. Unemployment is at its lowest in the euro area since

Euro area unemployment at 8.5% EU28 at 7.1%2018-05-02T17:08:34-05:00
1 05, 2018

Government Operations Results for March 2018

2018-05-01T15:14:04-05:00

May 01,2018  For the period of April 2017 to March 2018, the GOJ reported Total Revenues & Grants of $560.84 billion, $7.27 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 12.2% relative to the $499.88 billion recorded for the corresponding period in 2017. ‘Tax Revenue’ and ‘Capital

Government Operations Results for March 20182018-05-01T15:14:04-05:00
30 04, 2018

SVL reports 48% increase in three months net profits

2018-04-30T14:56:02-05:00

Date: April 30, 2018 Supreme Ventures Limited (SVL), for the Three Months March 31, 2018 reported a 14% increase in Revenues to total $15.29 billion, up from $13.39 billion in 2017 representing the best results for the first quarter in the history of Group’s operation. Revenues from the company’s segments were as follows: Lottery - $10.98

SVL reports 48% increase in three months net profits2018-04-30T14:56:02-05:00
30 04, 2018

KREMI reports 49% decline in year end net profit

2018-04-30T14:14:42-05:00

April 30, 2018  Caribbean Cream Ltd. (KREMI) for year ended February 28, 2018, reported a 13% increase in revenue totalling $1.37 billion compared to $1.21 billion in the corresponding period last year.  Revenue for the fourth quarter rose 16% to close at $381.04 million compared to $327.92 million for the comparable quarter of 2017. Costs

KREMI reports 49% decline in year end net profit2018-04-30T14:14:42-05:00
30 04, 2018

Featured Stock: MDS

2018-04-30T14:11:56-05:00

April 30 2018 Please click below to view today’s featured stock. Weekly Picks 30.04.18 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 contents of this information

Featured Stock: MDS2018-04-30T14:11:56-05:00
27 04, 2018

NCBFG reports 16.69% increase in 6 months net profit

2018-04-27T13:17:16-05:00

April 27, 2018  NCB Financial Group (NCBJ) for the six months ended March 31, 2018 reported Net Interest Income increased by 8.66%, relative to the corresponding period in 2017, to total $15.91 billion (2017: $14.64 billion). The Company noted this was “driven by the consolidation of our newest subsidiary, Clarien Group Limited (CGL).” For the quarter,

NCBFG reports 16.69% increase in 6 months net profit2018-04-27T13:17:16-05:00
26 04, 2018

CCC reports 27% decline in first quarter net profit

2018-04-26T17:05:25-05:00

April 26,2018 Caribbean Cement Company Limited (CCC) for the three months ended march 31, 2018 reported total revenue for the three months ended March 31, 2018 grew by 6% amounting to $4.34 billion, up from $4.09 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) for the period amounted to $605.96

CCC reports 27% decline in first quarter net profit2018-04-26T17:05:25-05:00
26 04, 2018

U.S.: Business Employment Dynamics Summary -Third Quarter 2017

2018-04-26T14:33:48-05:00

April 26, 2018 Net job loss due to closing and contracting private-sector establishments for third quarter-June 2017 to September 2017- amounted to 140,000, the Bureau of Labor Statistics reported in its latest release. According to the Bureau, “gross job losses from closing and contracting private-sector establishments were 7.4 million, an increase of 268,000 jobs lost

U.S.: Business Employment Dynamics Summary -Third Quarter 20172018-04-26T14:33:48-05:00
24 04, 2018

ROC reports 150% increase in gross premiums

2018-04-24T15:42:02-05:00

Date: April 24, 2018 IronRock Insurance Company Limited (ROC), for the three months ended March 31, 2018 posted gross premium of $155.02 million relative $61.94 million; this represents a 150% increase year over year. Change in gross provision for unearned premiums amounted to $99.46 million compared to $42.30 million in 2017 while excess of loss premium

ROC reports 150% increase in gross premiums2018-04-24T15:42:02-05:00