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9 11, 2018

Special Advisory: Carreras Limited (CAR)

2018-11-09T19:25:39-05:00

November 9, 2018 Carreras Limited (CAR) has advised of the following changes which took effect on November 7, 2018: The resignation of Mrs. Brenda Wilbert and Mrs. Maria Gabriela Rincon as Directors to assume new roles within British American Tobacco Group of Companies. CAR further advised that Mrs. Rincon has also resigned from the Audit

9 11, 2018

WISYNCO reports 11% increase in first quarter total comprehensive income

2018-11-09T16:40:11-05:00

Date: November 9, 2018 Wisynco Group Limited (WISYNCO) reported total revenue of $6.81 billion for the first quarter ended September 30, 2018, a 12% or $728.69 million increase when compared with the $6.08 billion reported for the same period in 2017. Cost of sales for the period amounted to $4.23 billion, up 13% relative to $3.75

9 11, 2018

GK reports 1% decline in nine months net profit

2018-11-09T15:53:27-05:00

November 9, 2018   For the Nine Months ended September 30, 2018, Grace Kennedy Limited (GK) recorded revenue of $73.83 billion for period (2017: $69.30 billion), a year over year increase of 7%. Revenue for the third quarter of 2018 improved11% to $25.46 billion (2017: $22.93 million). The biggest contributor to the group’s overall revenue for

9 11, 2018

Overseas Headlines- November 9, 2018

2018-11-09T13:40:27-05:00

November 9, 2018 United States:  Stocks Fall on Oil, China Concerns; Dollar Gains: Markets Wrap U.S. equity-index futures fell for a second day as crude oil’s slide into a bear market and concerns over the health of China’s economy weighed on global stocks. The dollar continued its advance after the Federal Reserve stayed on track

8 11, 2018

NCBFG reports 50% increase in year end net profit

2018-11-08T23:22:40-05:00

November 8, 2018 For the year ended September 30, 2018, NCB Financial Group's (NCBFG) net interest income increased by 18%, relative to 2017, to total $35.14 billion (2017: $29.76 billion),  resulting from, “the consolidation of Clarien’s results and growth in the Jamaican loan portfolio”, Management noted. For the quarter, net interest income improved 29% to close

8 11, 2018

LASM reports 49% increase in six months net profit

2018-11-08T21:28:34-05:00

Date: November 08, 2018 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2018 recorded an increase of $302.01 million or 9% in revenue to total $3.80 billion relative to the $3.50 billion recorded for the comparable period in 2017. For the second quarter, total revenue closed at $2.07 billion (2017: $1.99 billion),

8 11, 2018

Dividend Declaration: Carreras Limited (CAR)

2018-11-08T19:48:14-05:00

November 08, 2018 Carreras Limited (CAR) has declared an interim dividend of $0.19 per share payable on December 13, 2018 to shareholders on record as at November 22, 2018. The ex-dividend date is November 21, 2018.

8 11, 2018

Gas Price Movement- November 08, 2018

2018-11-08T17:17:20-05:00

Brent Oil Brent oil prices decreased by 1.92% or US$1.40, as prices declined this week. Oil traded on November 08, 2018 at a price of US$71.49 per barrel relative to US$72.89 last week. Brent oil began the year at US$66.57 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.82% (JMD$2.47). Additionally,

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