17 10, 2017

PJX reports six months loss of US$221,251

2017-10-17T17:14:13-05:00

Portland JSX Limited (PJX) For the six months ended August 31, 2017 Net gain on financial assets classified at as fair value through profit and loss amounted to US$25,177 compared to US$434,060 last year.  For the three months, net loss on financial assets classified  as fair value through profit amounted to US$198,187 compared to a

PJX reports six months loss of US$221,2512017-10-17T17:14:13-05:00
13 10, 2017

U.S. Consumer Price Index up due to fuel price increase

2017-10-13T15:36:49-05:00

  According to the Bureau of Labor Statistics the Consumer Price Index for all urban customers increased by 0.5% in September on a seasonally adjusted basis. Over the last 12 months, the all items index rose 2.2%. The gasoline index increased 13.1%, this accounted for about three-fourths of the seasonally adjusted all items increase according

U.S. Consumer Price Index up due to fuel price increase2017-10-13T15:36:49-05:00
12 10, 2017

A TRIBUTE TO SUSHIL JAIN

2017-10-12T17:37:19-05:00

We are deeply saddened by the sudden passing of our Director and friend, Mr. Sushil Jain. Sushil was the consummate professional, an astute businessman and a great advisor. He possessed a wealth of knowledge and experience in business and financial management. Sushil was an integral member of our team at Mayberry Investments, where he served

A TRIBUTE TO SUSHIL JAIN2017-10-12T17:37:19-05:00
12 10, 2017

KREMI reports a 40% decline in six months net profit

2017-10-12T15:38:54-05:00

Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2017 reported a 9% increase in revenue totaling $673.26 million compared to $614.90 million in the corresponding period last year.  Revenue for the second quarter rose 18% to close at $354.17 million compared to $299.64 million for the comparable quarter of 2016. Costs of Sales

KREMI reports a 40% decline in six months net profit2017-10-12T15:38:54-05:00
11 10, 2017

U.S. Job Openings and Labor Turnover Summary – August 2017

2017-10-11T16:40:39-05:00

The Bureau of Labor Statistics released its August 2017 summary of job openings and labor turnover earlier today.  As at August 31st, there were 6.1 million job openings. According to the Bureau of Labor Statistics, the job openings rate was 4% in August, while the number of job openings was little changed for total private

U.S. Job Openings and Labor Turnover Summary – August 20172017-10-11T16:40:39-05:00
10 10, 2017

Jamaica Broilers Group Limited (JBG) Acquires Hatchery Assets in the USA

2017-10-10T18:51:05-05:00

On October 09, 2017, Jamaica Broilers Group Limited (JBG) advised the public of its acquisition of a second hatchery in the United States. The hatchery acquired was previously operating as Bell & Evans Hatchery in Big Valley, Pennsylvania. The Group has indicated the new facility will be renamed International Poultry Breeders Hatcheries Inc. the acquisition

Jamaica Broilers Group Limited (JBG) Acquires Hatchery Assets in the USA2017-10-10T18:51:05-05:00
9 10, 2017

Net International Reserves – September 2017

2017-10-09T15:47:41-05:00

Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in the NIR resulted from a 13% or US$532.27 decline in Foreign Assets  to total US$3,714.94 million compared to US$4,247.21 million

Net International Reserves – September 20172017-10-09T15:47:41-05:00
9 10, 2017

Featured Stock: GK

2017-10-09T13:35:46-05:00

Please click below to view today’s Featured Stock. Weekly Picks 09.10.17 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: GK2017-10-09T13:35:46-05:00
6 10, 2017

U.S. unemployment rate declines to 4.2% for September 2017

2017-10-06T17:51:55-05:00

The Bureau of Labor Statistics released its Employment Situation Summary earlier today which highlighted the unemployment rate fell to 4.2% for September. Total nonfarm payroll employment reflected a decline of 33,000. The passing of Hurricanes Irma and Harvey resulted in a sharp decline in employment in food services and drinking places and “below-trend growth in

U.S. unemployment rate declines to 4.2% for September 20172017-10-06T17:51:55-05:00
5 10, 2017

International Merchandise Trade January – July 2017

2017-10-05T17:12:58-05:00

During the period January to July 2017 the trade deficit worsened to US$2,376.7 million, increasing by US$383.2 million or 19.2% relative to US$1,993.5 million for the corresponding period in 2016 based on data released by the Statistical Institute of Jamaica (STATIN).   Imports The total spend on imported goods amounted to US$3,156.0 million, an increase

International Merchandise Trade January – July 20172017-10-05T17:12:58-05:00