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9 08, 2019

SOS reports 63% increase in six months net profits

2019-08-09T17:19:13-05:00

Date: August 09, 2019 SOS reported six months revenue of $638.55 million relative to $519.21 million in 2018, a 23% increase, while for the second quarter revenues amounted to $295.08 million up 23% compared to the $240.03 million reported in the corresponding period of 2018. Management noted that, “it should be noted that during this

9 08, 2019

U.S. PPI for all items increases by 0.2% for July 2019

2019-08-09T17:02:22-05:00

Date: August 9, 2019 July’s Producer Price Index for final demand recorded a 0.2% increase, seasonally adjusted, according to the U.S. Bureau of Labor Statistics reported today. Final demand prices inched up 0.1% in June and May. On an unadjusted basis, the final demand index rose 1.7% for the 12 months ended in July.  This

9 08, 2019

CAR Reports 12% Increase in Three Months Net Profit

2019-08-09T17:19:51-05:00

Date: August 9, 2019 Carreras Limited, for the three months ended June 30, 2019, reported Operating Revenue of $3.46 billion, 10% increase relative to $3.15 billion booked in 2018. The company highlighted that, “This positive outturn over the prior period is underpinned by the positive volume trend from current market dynamics and benefits being derived

9 08, 2019

Overseas Headlines- August 9, 2019

2019-08-09T14:53:44-05:00

Date: August 9, 2019 United States: Trump Still Has Plenty of Ways to Escalate His China Trade War “The trade war’s August escalation has spooked markets -- and central banks -- around the world. The bad news, though, is that while President Donald Trump has fired two large weapons in the past week by green-lighting

9 08, 2019

FOSRICH reports 2% increase in six months net profit

2019-08-09T14:43:10-05:00

Date: August 9, 2019 Fosrich Company Limited (FOSRICH) for the six months ended June 30, 2019, Turnover grew 26% year on year, to close the period at $746.43 million compared to the $592.29 million for the same period last year. For the second quarter, the company posted an increase of 15% in revenues to close at

8 08, 2019

Dividend Declaration: Knutsford Express Services Limited (KEX)

2019-08-08T21:55:10-05:00

Date: August 8, 2019 Knutsford Express Services Limited (KEX) has declared an interim dividend of 8 cents ($0.08) per share as the final dividend for the year ended May 31, 2019. The dividend will be paid on September 18, 2019 to shareholders registered at the close of business on September 2, 2019. The ex-dividend date

8 08, 2019

Trade in Shares: Victoria Mutual Investments Limited (VMIL)

2019-08-08T21:55:03-05:00

Date: August 8, 2019 Victoria Mutual Investments Limited (VMIL) has advised that a Director sold 139,600 VMIL shares on August 2, 2019. Company Disclosure -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

8 08, 2019

Special Advisory: Jamaica Public Service Company Limited (JPS)

2019-08-08T21:53:50-05:00

Date: August 8, 2019 Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors has approved quarterly preference dividends to be paid on October 1, 2019 to preference shareholders on record as at September 13, 2019 on the under mentioned classes of preference shares: 7% Cumulative Preference Shares “B” - $0.035 5%

8 08, 2019

Gas Price Movement- August 08, 2019

2019-08-12T17:16:52-05:00

Date: August 08, 2019 Brent Oil Brent oil prices decreased by 5.16% or US$3.12, as prices decreased this week relative to the prior week. Oil traded on August 08, 2019 at a price of US$57.38 per barrel relative to US$60.50 on August 01, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices

8 08, 2019

tTech reports 1% growth in six months net profit

2019-08-08T16:49:52-05:00

Date: August 08, 2019   tTech Limited (tTech) for the six months ended June 30, 2019; booked an 8% increase in revenues to $156.91 million compared to $145.25 million recorded for the prior financial year’s six month period. According to management, “monthly recurring revenues continue to trend in the right direction and our organization is

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