Date: August 8, 2019 United States: U.S. Rushes to Ready New China Tariffs as Companies Fear Damage “The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeks’ time, as U.S. companies make a last-ditch appeal to be spared from the
Date: August 8, 2019 Net International Reserves- July 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,951.35 million as at July 2019, reflecting a decline of US$83.96 million relative to the US$3,035.31 million reported as at the end of June 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$89.30
Date: August 07, 2019 Lasco Distributors Limited (LASD), for the three months ended June 30, 2019, posted a marginal increase in revenue to $4.34 billion, up from $4.28 billion in the corresponding period in 2018. Cost of sales amounted to $3.47 billion, up 2% on the $3.41 billion reported in the prior comparable period. Consequently,
Date: August 7, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that its portfolio company, Blue Dot Data Intelligence Limited, has garnered a well-known, established and value-added private investor at a higher valuation of US$1.1 million for a 20.0% share dilution effective July 23, 2019. SSLVC previously held 50% and will now hold 40%
Date: August 7, 2019 Jamaican Teas Limited (JAMT) has advised that a Director sold 182,500 JAMT shares on August 5, 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 taking
Date: August 7, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 2,920,714 MIL shares and that a connected party sold 49,900 MIL shares. These transactions were conducted on August 2, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness
Date: August 7, 2019 Mayberry Jamaican Equities (MJE) has advised that two connected parties purchased a total of 1,295,084 MJE shares. MJE has also advised that a connected party and a Director sold a total of 1,291,642 MJE shares. These transactions were conducted on August 2, 2019. Company Disclosure -The information contained herein has been
Date: August 7, 2019 The Bureau of Labour Statistics reported that, “the number of job openings was relatively unchanged at 7.3 million on the last business day of June.” In addition, the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively,” the BLS stated. Regarding quits rate and layoffs and
Date: August 7, 2019 Medical Disposables & Supplies Limited (MDS) for the three months ended June 30, 2019, reported revenue of $557.23 million, an increase of 3% compared to the $541.11 million booked in 2018. This according to Management, “reflected modest in sales. This performance was attributed mainly to price adjustments, given a dip in unit
Date: August 7, 2019 United States: Bonds Jump as Central Banks Ease; U.S. Futures Dip: Markets Wrap “Bonds rallied globally in the wake of a series of dovish central-bank surprises that underscored growing concern over the outlook for growth. U.S. equity-index futures reversed a gain. The 30-year Treasury yield closed in on an all-time low
