November 1, 2019 Wisynco Group Limited (WISYNCO) reported total revenue of $9.09 billion for the first quarter ended September 30, 2019, a 35% or $2.33 billion increase when compared with the $6.75 billion reported for the same period in 2018. Management noted, “We had very strong growth in our core beverage brands as a result of
November 1, 2019 United States: U.S. Hiring Resilient With 128,000 Gain Amid Strike, Census “U.S. hiring was unexpectedly resilient in October and prior months saw sharp upward revisions, validating the Federal Reserve’s signal of a pause from interest-rate cuts and indicating consumers will extend the record-long expansion despite weak business investment and trade tensions. Stock
October 31, 2019 In September, personal income rose $50.2 billion (0.3%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $55.7 billion (0.3%) and personal consumption expenditures (PCE) grew $24.3 billion (0.2%). Real DPI rose 0.3% in September and Real PCE climbed 0.2%. The PCE price
October 31, 2019 United States: U.S. Consumer Spending, Jobless Claims Signal Caution on Economy “U.S. consumer spending trailed forecasts in September while weekly applications for unemployment benefits rose more than projected, offering a note of caution on the economy as Federal Reserve policy makers signal a pause from interest-rate cuts. Consumer outlays for goods and
October 30, 2019 Acting General Manager, Terry Peyrefitte, at the Annual General Meeting, indicated that “2018/2019 financial year marked 1834’s third full year as a standalone investment company since the media amalgamation of RJR in 2016.” Furthermore, Ms. Peyrefitte stated that the company, “the company seeks to rent the fifth floor on the Gleaner building
October 30, 2019 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2019, recorded an increase of $50.30 million or 1% in revenue to total $3.85 billion relative to the $3.80 billion recorded for the comparable period in 2018. For the second quarter, total revenue closed at $2.06 billion (2018: $2.07 billion), a
October 30, 2019 Gross job gains from opening and expanding private-sector, from December 2018 to March 2019, amounted to a decrease of 393,000 jobs from the previous quarter to 7.4 million according to the Bureau of Labour Statistics. It was also noted that gross job losses from closing and contracting private-sector establishments booked 6.9 million,
October 30, 2019 United States: U.S. Economy Holds Up With 1.9% Growth on Consumer Strength “A resilient American consumer helped the U.S. economy expand more than forecast in the third quarter, assuaging concerns for now of a more pervasive slowdown tied to weakening business investment and faltering export markets. Gross domestic product increased at a
