Date: January 15, 2018 Caribbean Cream Ltd. (KREMI) for nine months ended November 30, 2017, reported a 12% increase in revenue during the period totalling $992.24 million compared to $885.63 million in the corresponding period last year. Revenue for the third quarter rose 18% to close at $318.98 million compared to $270.73 million for the
Date: January 15, 2018 Please click below to view today’s Featured Stock. Weekly Picks 15.01.18 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
Date: January 12, 2018 Paramount Trading (Jamaica) Limited (PTL), for the quarter ended November 30, 2017 recorded a 27% increase in total revenues to $687.18 million from $539.13 million reported in 2016. PTL indicated, “our lubricants business line produced strong sales performance during this quarter when compared to last year growing by $28.9 million on
Date: January 12, 2018 GraceKennedy Limited (GK) – Acquisition of Shares in Gray’s Pepper Products GraceKennedy Limited (GK) has advised that GK Investments Limited, a subsidiary of GraceKennedy has acquired a 33 1/3% stake in Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces. GK further advised that GK Investments’ acquisition
Date: January 12, 2018 With all the benefits (such as lower transaction cost and high confidentiality) that are said to derive from cryptocurrencies, skepticism remains high among some investors about the future of this modern means of transfer. The high cost of energy needed to power these highly specialized computers, which are used to mine
Express Catering Limited (ECL) for the six months ended November 30, 2017 reported a 14% increase in revenue to US$6.88 million (2016: US$6.02 million). Revenue for the quarter advanced 20% to close at $2.26 million relative to $1.89 million reported the previous year. Cost of sales (COS) increased by 22% for the period to US$1.85
The Eurostat- the statistical office of the Eurozone reported an unemployment rate for November 2017 for the Euro area (EA19) of 8.7%. This represent a slight decrease from the preceding October 2017 unemployment rate of 8.8%, and a 1.1% fall from the corresponding period of November 2016, when unemployment rate was a high of 9.8%.
The statistical office of the European Union has estimated a decrease in annual inflation for the region for December 2017. A recent release by Eurostat states that the statistical office is expecting inflation to fall from 1.5% in November to 1.4% in December. A further break down of the components of inflation reveals that energy
Whereas Mayberry West Indies Limited (“MWIL”) is a wholly-owned subsidiary of Mayberry Investments Limited (“the Company”). And whereas at the last Annual General Meeting of the Company, stockholders authorized the Board to re-organize MWIL, so as to enhance shareholder value and in that respect to carry out such transaction or series of transactions as the
Main Event Entertainment Group Limited (MEEG) for the year ended October 31, 2017 recorded a total of $1.18 Billion in revenue compared to $1.13 Billion booked for the period ended October 31, 2017. Revenue for the quarter slid 16% to close the quarter at $233.65 million relative to $276.73 million booked for the corresponding period in
