United States: U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more room to stick to its plan for being patient on raising interest rates. Excluding food and energy, the so-called core
Date: March 11, 2019 Indies Pharma Jamaica Limited reported revenue of $168.18 million, 11% higher than the $151.20 million booked in 2018. Cost of Sales decreased 16% to close at $49.94 million (2018: $59.24 million), This resulted in Gross profit increasing by 29%, amounting to $118.24 million for the period relative to $91.96 million in
Date: March 11, 2019 Interest income fell by 0.6% to $731.26 million relative to 2017’s $735.67 million. Interest income for the quarter amounted to $208.02 million, 17% above the $117.77 million booked for the similar quarter of 2017. Additionally, other interest income for the year was realized at $7.10 million (2017: nil). Management noted, “this
Daily Market Summary 11.03.19 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly
Date: March 11, 2019 Dolphin Cove Limited (DCOVE), for the twelve months ended December 31, 2018 reported total revenue of US$14.89 million, a 10% decrease when compared to US$16.63 million booked the year prior. For the quarter total revenues decline by 9% to close the period at US$3.27 million versus $3.60 million in the previous year.
United States: U.S. Retail Sales Rise in January, Stabilizing After a Slump U.S. retail sales stabilized in January after a plunge the prior month that was larger than first reported, indicating consumers may still be able to help support growth after a dismal end to 2018. The value of overall sales rose 0.2 percent after
Date: March 08, 2019 Kingston Properties revealed a brief overview and the ways moving forward for the business at its Analyst Forum, given by the Company’s Chief Executive Officer (CEO), Mr. Kevin Richards. He stated that, “KPREIT’s growth strategy centers around acquiring long term investment properties and improving rental income overtime.” The Company showcased the
Daily Market Summary 8.03.19 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly
Date: March 8, 2019 Net International Reserves- February 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,007.49 million as at February 2019, reflecting a decrease of US$23.46 million relative to the US$3,030.94 million reported as at the end of January 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$24.49
Date: March 8, 2019 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2019 reported total revenues of $40.27 billion, a 13% increase relative to $35.68 billion reported in for the comparable period in 2018. Revenue for the third quarter amounted to $14.55 billion, a 15% increase compared to $12.66 billion booked for the
