Household saving and investment rates stable; while business investment rate trends downwards for Q3 2017

Date: January 15,2018 Household saving rate which is a necessary source of funds for both the Government and the private sector has remain stable in the Euro area for the third quarter of 2017, as reported by the statistical office of European Union, Eurostat. This fact coincides with a reduction in business investment within the

Household saving and investment rates stable; while business investment rate trends downwards for Q3 20172018-01-15T16:10:07-05:00

AMG reports 46% decline in three months Net Profit.

Date: January 15, 2018 For the three months ended November 30, 2017: AMG Packaging and Paper Company Limited recorded Turnover in the amount of $193.14 million, a growth of 24% when compared to $155.38 million the previous year.Cost of Inventories totaled $115.40 million, an increase of 48% relative to the corresponding period in the prior

AMG reports 46% decline in three months Net Profit.2018-01-15T14:41:01-05:00

MTL report 31% growth in six months total comprehensive income

Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2017 recorded a decrease in revenues by 20% for the period to US$2.25 million ( 2016: US$2.82 million). For the second quarter, MTL booked a 68% decline in revenue to US$390,044 compared to US$1.20 million for the comparable period in 2016. MTL noted, “The

MTL report 31% growth in six months total comprehensive income2018-01-31T14:29:25-05:00

Overseas Headlines

Date: January 15, 2018 Asia.: China absence looms over Canada meeting on how to pressure North Korea Foreign ministers from around 20 nations gather on Tuesday to discuss how to curb North Korea’s nuclear ambitions through diplomatic and financial pressure, but China, seen as a key player in any long-term solution, will be absent. The

Overseas Headlines2018-01-15T14:14:40-05:00

KREMI reports 48% decline in nine months net profit

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

KREMI reports 48% decline in nine months net profit2018-02-21T13:49:49-05:00

Featured Stock: CCC

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

Featured Stock: CCC2018-01-15T13:02:56-05:00

Daily Market Summary January 12, 2018

Daily Market Summary 12.1.18 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 is strictly prohibited and may be unlawful. Mayberry may

Daily Market Summary January 12, 20182018-01-31T14:42:06-05:00

PTL reports 12% increase in six months net profit

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

PTL reports 12% increase in six months net profit2018-01-12T21:45:19-05:00