Net Interest Income declined by 7% or $99.45 million when compared with the same period a year ago, to total $1.03 billion. This as interest income fell by 4% to close at $2.08 billion, while interest expenses declined 1% to close the period at $1.05 billion. For the quarter Net Interest Income totaled $345.10 million
Scotia Group Jamaica Limited (SGJ) for the nine months ended July 31, 2017 reported an improvement in net interest income to $19.93 billion, moving from $18.78 billion for the corresponding period in 2016, while Interest Expenses declined by 11% to total $3.33 billion (2016: $3.76 billion). Interest income for nine months amounted to $23.26 billion, a
U.S.: U.S. Inflation Picks Up, Ending Five-Month Streak of Misses Inflation may finally be getting back on track to reach the Federal Reserve’s goal, as the U.S. cost of living accelerated following a weak stretch of readings, Labour Department data showed Thursday. HIGHLIGHTS OF CONSUMER PRICE INDEX (AUGUST) Consumer-price index increased 0.4% m/m (est. 0.3%
Lasco Financial Services Limited (LASF) has advised that a connected party purchased 472,514 LASF shares and sold 1,000 LASF shares on September 7, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased a total of 947,059 SJ shares. SJ further advised that three related parties sold a total of 755,066 SJ shares. These transactions were conducted during the period September 5 to September 11, 2017.
Main Event Entertainment Group Limited (MEEG) for the nine months ended July 31, 2017 recorded a total of $941.78 million in revenue compared to $855.21 million booked for the period ended July 31, 2016. Revenue for the quarter rose 15% to close the quarter at $289.63 million relative to $252.22 million booked for the corresponding period
Europe: U.K. Unemployment at 42-Year Low Fails to Spur Wage Pickup For British workers, the lowest jobless rate in more than four decades isn’t enough to maintain their standard of living. Basic wages rose an annual 2.1 percent in the three months through July, unchanged from the second quarter and below market forecasts, figures on
Barita Investments Limited (BIL) has advised that further to its prior disclosure, the Company has received an offer from Cornerstone United Holdings Jamaica Limited to purchase the majority share holdings of the Company. The terms and conditions of this acquisition are dependent on the outcome of negotiations which are yet to be finalized.
BIL has advised that a Senior Officer sold 3,827 BIL shares on September 7, 2017.
Jamaican Teas Limited (JAMT) has advised that a connected party and a Director sold a total of 41,600 JAMT shares during the period September 4 to 11, 2017.
