November 15, 2019 United States: U.S. Official Says First-Phase China Trade Talks in Final Stages “White House economic adviser Larry Kudlow said negotiations over the first phase of a trade agreement with China were coming down to the final stages, with the two sides in close, regular contact including a call planned for Friday. Speaking
November 14, 2019 Jamaica Stock Exchange Limited (JSE), for the nine months ended September 30, 2019 recorded total revenue of $1.39 billion, a 38% increase when compared to the $1.01 billion booked for the prior year’s similar period. While total revenue for the quarter amounted to $515 million (2018: $339.53 million). Of this: Cess income
November 14, 2019 United States: Powell Satisfied With Current Fed Interest Rates But Flags Risks “Federal Reserve Chairman Jerome Powell stuck to his view that interest rates are probably on hold after three straight reductions, while signaling that the U.S. central bank could resume cutting if the growth outlook falters. “We see the current stance
November 14, 2019 IronRock Insurance Company Limited, for the nine months ended September 30, 2019 posted gross premium of $474.61 million relative $381.51 million reported in 2018; this represents a 24% increase year over year. For the third quarter, gross premium was $156.06 million relative to $99.40 million for 2018, up 57%. Proportional reinsurance amounted
November 14, 2019 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ), for the first three months ended September 30, 2019 reported that revenues increased by 11%, to close the period at $27.08 million compared to the $24.31 million for the same period last year. According
November 14, 2019 Everything Fresh Limited (EFRESH), for the nine months ended September 30, 2019, Revenue grew by 18% amounting to $1.64 billion, up from $1.39 billion reported a year ago. The third quarter reported revenues of $525.17 million, a 24% increase when compared to the $421.96 million for the corresponding period last year. Cost
November 14, 2019 The Palace Amusement Company (1921) Limited (PAL), for the three months ended September 30, 2019, booked a 37% improvement in revenue to $369.99 million (2018: $269.38 million), while direct expenses increased by 41% to $304.90 million (2018: $215.79 million). As a result, gross profit rose by 21% to $65.09 million (2018: $53.59
November 13, 2019 Sterling Investments Limited (SIL) reported a 5% growth in total revenue to $140.94 million compared to $133.89 million recorded for the corresponding period in 2018. Revenue for the second quarter rose 14% to $64.16 million compared to $56.05 million reported for the third quarter of 2018. Of total revenue: Interest income for
November 13, 2019 Elite Diagnostics Limited (ELITE), for the three months ended September 30, 2019 reported that Revenue increased by 38% to total $118 million compared to $85.44 million for the same period in 2018. The company highlighted, “The increase in revenue for the 2nd quarter is due to MRI scans and increase in Intervention
