lease click below to view today’s Featured Stock. Weekly Picks 08.08.17 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
On August 03, 2017, Barita Investments Limited (BIL) advised the public that the Company has received an offer to acquire majority shareholdings in the Company. Barita Investments Limited (BIL), a limited liability company, is licensed as a security dealer and has primary dealer status from the Bank of Jamaica (BOJ). Licensed under the Securities Act,
Medical Disposables & Supplies Limited (MDS) for the three months ended June 30, 2017: recorded revenues of $480.59 million, an increase of 13% compared to the $425.36 million booked in 2016. The increase was due to the, “Company’s strategic plan to increase its market share, through increased product offerings and the widening of the customer
Berger Paints Jamaica Ltd. (BRG) for the three months ended June 30, 2017, recorded sales (net of discounts and rebates) in the amount of $454.55 million, a decrease of 10% when compared to that recorded for the comparable period the year prior (2016: $506.18 million). Berger attributed the decline in sales to, “the impact of local
Total Revenues increased by 5% to $30.36 billion from $29 billion in 2016, while for the second quarter Total Revenues were down 1% to total 15.09 billion compared to 15.29 billion in 2016.Total revenue was broken down as follows: Net premium revenue increased by 12% to a total of $17.41 billion compared to $15.61 billion
NCB Financial Group (NCBFG) held its second investor briefing for the calendar year where Group Finance and Deputy Managing Director, Mr. Dennis Cohen, and Group Managing Director Mr. Patrick Hylton, reviewed the third quarter performance ended June 30, 2017. NCBFG recorded net profits of $14.72 billion for the nine months ended June 30, 2017, a
Grace Kennedy Limited (GK) for the six months ended June 30, 2017 reported total revenue of $46.37 billion (2016: $44.12 billion), a year over year increase of 5%. The biggest contributor to the group’s overall revenue for the six months was income from the ‘Food Trading’ segment which contributed a total of $36.29 billion (2016:
Total revenue grew by 3% amounting to $4.09 billion, up from $3.98 billion reported a year ago. According to the company, “this was netted with the drawdown of clinker and cement valuing $480 million when compared to the same quarter in 2016. Repairs and maintenance was $36 million as a result of routine maintenance of
The Federal Reserve issued its Federal Open Market Committee (FOMC) statement today. Information received since the Board of Governors of the Federal Reserve System last met in June points to further strengthen in the labor market while economic activity has moderately increased since the start of the year. According to the statement, “Job gains have
Consumer confidence in the U.S. moved to a near 16 year high in July amid optimism over the labour market. The Conference Board said its consumer confidence index surged to 121.1 this month from 117.3 in June. The rise in confidence came despite the healthcare impasse in Washington. “Consumer confidence increased in July following a
