Date: November 19, 2018 United States: Corporate America's Debt Boom Looks Like a Bust for the Economy Despite strong incentives in the Republican tax plan for American executives to expand, invest and ultimately boost the U.S. economy’s growth potential, a lot of the debt companies are issuing appears to be motivated by something else. Non-financial
Date: November 16, 2018 Consumer Price Index – October 2018 The consumer price index for the month of October 2018 increased 0.7%, following the 1.1% increase in September 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of October advanced to 257.4, relative to the 255.6 reported for
Date: November 16, 2018 NCB Financial Group Limited (NCBFG) – Trinidad and Tobago Security and Exchange Commission (TTSEC) Hearing and Guardian Holdings Limited Take-Over Bid. Please click below for further information Order-of-the-Trinidad-and-Tobago-Security-and-Exchange-Commission-TTSEC-dated-November-5-2018 Proceedings-before-the-Trinidad-and-Tobago-Security-and-Exchange-Commission-TTSEC
Date: November 16, 2018 United States: World's Biggest Dollar Bull Doubles Down on Euro Pain for 2019 The world’s biggest dollar bull is sticking to his guns as the U.S. economy powers ahead and dangles some of the highest interest rates versus Europe in history. Wall Street’s “America First” playbook in 2019 will pack more
Date: November 15, 2018 Carreras Limited (CAR) for the six months ended September 30, 2018 reported operating revenue of $6.31 billion, 4% more than the $6.03 billion booked in 2017. Revenue for the quarter however declined by 3% compared to the corresponding quarter in 2017 moving from $3.25 billion in 2017 to $3.16 billion in
Date: November 15, 2018 PJAM Investment Limited (PJAM), for nine months ended September 30, 2018, reported a 68% increase in total income to $2.67 billion from the $1.59 billion booked for the prior year’s corresponding period. For the quarter total income increased 143% to $1.56 billion (2017: $643.48 million). Of total income:Other income slid 8% from
Date: November 14, 2018 Sygnus Credit Investments Limited for three months ended September 30, 2018, reported Interest Income of US$605,729, 251% increase on the US$172,330 recorded in 2017. Management noted, “Total investment income represents the core revenues of SCI and was primarily driven by interest income from investments (97% of the total). Net investment income,
Date: November 14, 2018 JMMB Group Limited - (JMMBGL) booked net interest income of $4.35 billion compared to $3.76 billion in 2017, an increase of 16%. Of this, interest income grew by 11% to close at $8.67 billion, from the $7.83 billion booked in 2017, while interest expenses increased by 6% to total 4.32 billion
Date: November 14, 2018 The Palace Amusement Company (1921) Limited (PAL) booked a 4% improvement in revenue to $269.38 million (2017: $259.96 million), while direct expenses increased by 5% to $215.79 million (2017: $204.66 million). As a result, Gross Profit declined by 3% to $53.59 million (2017: $55.30 million) Other operating income surged to $6.90
Date: November 14, 2018 Berger Paints Jamaica Limited (BRG) for the nine months ended September 30, 2018 reported total revenues of $1.73 billion, a 13% increase relative to $1.52 billion reported for the comparable period in 2017. Total revenues for the quarter totalled $607.83 million, 2% less than the $620.98 million booked in 2017. The
