Date: July 25, 2019 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2019, reported a decline in revenues to total $1.01 billion (2018: $1.34 billion). For the quarter, revenues amounted to $316.67 million compared to $438.61 million in the previous corresponding quarter. JAMT stated that, “the quarter shows a sharp fall in
Date: July 25, 2019 United States: U.S. Business-Equipment Orders Jump by Most Since Early 2018 “Orders placed with U.S. factories for business equipment posted the biggest gain in more than a year and shipments unexpectedly increased, suggesting corporate investment is regaining momentum despite tariffs and global weakness. A proxy for business investment -- non-military capital-goods
Date: July 25, 2019 Real GDP in the first quarter of 2019 increased in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “The percent change in real GDP in the first quarter ranged from 5.2 % in West Virginia to 1.2 % in Hawaii.” The
Date: July 24, 2019 United States: U.S. Negotiators Heading to China Monday for Talks “U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are set to travel to China Monday for the first high-level, face-to-face trade negotiations between the world’s two biggest economies since talks broke down in May. The White House confirmed Wednesday
Date: July 24, 2019 Sweet River Abattoir & Supplies Company Ltd (SRA) has advised that on Tuesday, July 16, 2019, judgement warrants were executed on Valdence Gifford on behalf of (5) five farmers for amounts totalling $2.8M. These payments were made and Valdence Gifford was released on Thursday, July 18, 2019. Company Disclosure -The information
Date: July 24, 2019 Access Financial Services Limited (AFS) has approved the following dividend payment to ordinary shareholders of the Company: Dividend per share- $0.29 Record Date- August 13, 2019 Payment Date – August 28, 2019 Ex-dividend Date – August 12, 2019 Company Disclosure -The information contained herein has been obtained from sources believed to
Date: July 24, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 459,387 MJE shares during the period July 22 to 23, 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
Date: July 23, 2019 Victoria Mutual Investments Limited (VMIL) has advised of the following strategic changes at the Company and its wholly-owned subsidiary, VM Wealth Management Limited, effective July 12 2019: The Stock Brokerage functions have moved from Manager - Research and Stock brokering. This role is held by Mrs. Nicole Adamson, who will focus
Date: July 23, 2019 Sterling Investments Limited (SIL) has advised that at a Meeting of the Board of Directors scheduled to be held on August 12, 2019, an interim dividend payment will be considered. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot
Date: July 23, 2019 Jamaica Stock Exchange Limited (JSE), for the first six months ended June 30, 2019 recorded total revenue of $874.52 million, a 31% increase when compared to the $665.92 million booked the prior year’s corresponding period. For the second quarter the company reported a 36% increase in total revenue to close the
