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26 10, 2018

Overseas Headlines- October 26, 2018

2018-10-26T12:52:47-05:00

Date: October 26, 2018 United States: U.S. GDP Grows Above-Forecast 3.5% on Consumption, Inventories The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. The annualized rate of gains in gross

25 10, 2018

CCC reports 28% decline in nine months net profits

2018-10-25T20:28:26-05:00

Date: October 25, 2018  Caribbean Cement Company Limited (CCC) for the nine months ended September 30, 2018 total revenue grew by 8% amounting to $13.24 billion, up from $12.26 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.86 billion, an increase of 59% relative to $2.43 billion for

25 10, 2018

Gas Price Movement – October 25, 2018

2018-10-25T16:56:45-05:00

Brent Oil Brent oil prices decreased by 2.65% or US$2.09, as prices declined this week. Oil traded on October 25, 2018 at a price of US$76.70 per barrel relative to US$78.79 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.52% (JMD$2.12). Additionally,

25 10, 2018

Overseas Headlines- October 25, 2018

2018-10-25T13:30:00-05:00

Date: October 25, 2018 United States: U.S. Stock Futures Climb; Euro Holds Gains on ECB: Markets Wrap An equities rout that wiped out the year’s gains in U.S. stocks took a breather Thursday, as futures advanced and European shares steadied, even as Asia gauges extended declines. The euro rose after the European Central Bank held

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