The Jamaican Government on Tuesday made public its intention to purchase for cash, notes due 2019, 2021, 2022 and 2025. This paves the way for note holders validly tender their notes in the invitation which commenced on Tuesday, August 8, 2017 and will expire at 5:00 pm, New York time on Monday August 14, 2017.
tTech Limited (tTech) for the six months ended June 30, 2017: booked a 2% increase in operating revenues for the period to $107.83 million compared to $105.57 million for the corresponding period last year. Revenue for the quarter contracted 12% from $58.43 million in June 2016 to $51.25 million. According to tTech, “revenues in 2016
Today marks the third competitive price auction of the 30-day certificate of deposits (CD’s) to primary dealers and deposit taking institutions (DTIs). This as on June 27, 2017, the Bank of Jamaica (BOJ) announced that 30-day CD’s will be issued in fixed volumes by competitive multiple-price auctions. This announcement came on the heels on the
Salada Foods Jamaica Limited (SALF) for the nine months ended June 30, 2017, recorded an 8% increase in turnover for the quarter to $208.42 million (2016: $192.16 million). Salada Foods’ turnover increased by 13% to $612.80 million for the nine months ended June 2017 compared to $540.28 million booked in the previous year. The company
Cargo Handlers Limited (CHL) for the nine months ended June 30, 2017 reported revenues of $255.44 million, 9% higher than the $234.37 million booked in 2016. However, revenue for the quarter contracted 9% to $73.83 million relative to $81.07 million documented for the corresponding quarter of 2016. The company noted, “this result was due in part
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
Please click below to view today’s Featured Stock. Weekly Picks 31.07.17 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
