Date: April 11, 2019 Kingston Wharves Limited (KW) has advised that a connected party sold a total of 5,200 KW shares during the period April 3 to 8, 2019.
Date: April 11, 2019 Express Catering Limited (ECL) for the nine months ended February 28, 2019 reported a 7% increase in revenue to US$12.11 million (2017: US$11.27 million). Revenue for the quarter advanced 4% to close at US$4.93 million relative to US$4.39 million reported the previous year. Notably, the company stated, “The upgrading works being
Date: April 11, 2019 In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the nine months ended February 28, 2019, reported revenues of $5.52 million versus $4.06 million in the prior corresponding period. Management stated that, “This was earned from the 827,320 passengers that descended on the port for
Date: April 11, 2019 General Accident Insurance Company Limited (GENAC), audited results for the year ended December 31, 2018 reported Gross premium written of $8.74 billion, 23% higher than the $7.11 billion reported for 2017. Reinsurance ceded rose 21% to close at $6.75 billion relative to $5.56 billion booked in 2017. Excess of loss reinsurance
United States: Fed Signals a Year of Patience Is Ahead With a Grab Bag of Growth Risks Federal Reserve officials signaled on Wednesday they’re prepared to move interest rates higher or lower as needed, but an unusual mix of risks means they could remain on hold all year. Despite an economy that is forecast to
Daily Market Summary 10.04.19 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly
Date: April 10, 2019 Paramount Trading (Jamaica) Limited (PTL) has advised that as at March 31, 2019, Mr James Lechler has been appointed as an independent non-executive member of the Compensation Committee following the casual vacancy left by the passing of Mr. Daryl Fong Kong.
Date: April 10, 2019 Lasco Distributors Limited (LASD) has advised that Mr. Kenneth Sylvester was appointed to the Board of Directors on March 28, 2019.
Date: April 10, 2019 Jamaica Broilers Group Limited (JBG) has advised that on April 4, 2019, a director sold 500,000 JBG shares and a connected party purchased 500,000 JBG shares.
United States: Fed Is Likely Unswayed by Clamor for Rate Cuts: Minutes Preview As financial markets and the Trump administration clamor for lower interest rates in the face of a slowing economy, the Federal Reserve is refusing to see any rush. Analysts will be seeking clues to the limits of that patience on Wednesday, when
