27 12, 2017

BIL reports 2% reduction in year end net profit

2017-12-27T14:46:23-05:00

Barita Investments Limited (BIL) for the year ended September 30, 2017 booked a 10% decline in interest income fell by 10% during the twelve-month period, amounting to $1.13 billion relative to $1.26 billion for the comparable period in 2016. Interest expense also declined during the year by 6% to close at $847.44 million compared to

BIL reports 2% reduction in year end net profit2017-12-27T14:46:23-05:00
27 12, 2017

Featured Stock: JMMBGL

2017-12-27T12:53:10-05:00

Please click below to view today’s Featured Stock. Weekly Picks 27.12.17 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 is strictly

Featured Stock: JMMBGL2017-12-27T12:53:10-05:00
22 12, 2017

U.S. Personal Income and Outlays November 2017

2017-12-22T18:09:43-05:00

Personal income rose $54.0 billion (0.3%) in November according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $50.9 billion (0.4%) and personal consumption expenditures (PCE) increased $87.1 billion (0.6). Real DPI increased 0.1 percent in November and Real PCE increased 0.4%. The PCE price index increased 0.2%. Excluding

U.S. Personal Income and Outlays November 20172017-12-22T18:09:43-05:00
21 12, 2017

Producer Price Index climbs 2% for October 2017

2017-12-21T15:40:16-05:00

the Producer Price Index for the Mining and Quarrying industry posted a growth of 2% for October 2017. The movement was as a result of the major group ‘Bauxite Mining Alumina Processing’ which experience a similar growth of 2% in its index according to the Statistical Institute of Jamaica (STATIN). STATIN also noted, “this was

Producer Price Index climbs 2% for October 20172017-12-21T15:40:16-05:00
20 12, 2017

Production in construction down by 0.4% in the euro area

2017-12-20T15:03:47-05:00

The seasonally adjusted production in the construction sector fell 0.4% in the euro area (EA19) for October 2017 relative to September 2017. First estimates from the Eurostat, the statistical office of the European Union reflect a 0.7% decline for the EU28 for October 2017. This follows a 0.1% increase in the euro area (EU19) for

Production in construction down by 0.4% in the euro area2017-12-20T15:03:47-05:00
19 12, 2017

House approves biggest tax overhaul in 30 years

2017-12-19T19:59:07-05:00

The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening. The biggest overhaul of the U.S. tax system in more than 30 years could be signed into law by President Donald Trump as

House approves biggest tax overhaul in 30 years2017-12-19T19:59:07-05:00
19 12, 2017

U.S. current account deficit improves at the end of the third quarter of 2017

2017-12-19T17:50:09-05:00

The U.S. current account deficit at the end of the third quarter of 2017 declined to $100.6 billion from $124.4 billion in the second quarter of 2017, according to information released by the Bureau of Economic Analysis (BEA). The improvement from the third quarter reflects a decrease in the deficits on secondary income and goods

U.S. current account deficit improves at the end of the third quarter of 20172017-12-19T17:50:09-05:00
18 12, 2017

Monthly inflation of 0.6% for November 2017

2017-12-18T15:56:28-05:00

Consumer Price Index- November 2017  The inflation rate for the month November 2017 inched up to 0.6%, following an upward movement of 0.4% in October 2017 according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month rose from 245.8 in October 2017 to 247.3 for November 2017. The division which

Monthly inflation of 0.6% for November 20172017-12-18T15:56:28-05:00
18 12, 2017

Featured Stock: CCC

2017-12-18T14:03:18-05:00

Please click below to view today’s Featured Stock. Weekly Picks 18.12.17 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 is strictly

Featured Stock: CCC2017-12-18T14:03:18-05:00