Date: November 7, 2019 Net International Reserves- October 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,169.57 million as at October 2019, reflecting an increase of US$71.52 million relative to the US$3,098.05 million reported as at the end of September 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$74.93
November 7, 2019 Jamaica Broilers Group Limited (JBG) has advised that a connected party purchased 8,700 JBG shares on October 23, 2019. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was,
November 7, 2019 Carreras Limited (CAR) also advised that Mr. Oliver Holmes has been appointed to the Audit Committee effective November 6, 2019. CAR has further advised of the resignation of Mr. Arturo Campero as a Director and a member of the Audit Committee effective November 6, 2019. The Company has advised that the
November 7, 2019 Carreras Limited (CAR) has declared an interim dividend of $0.17 per stock unit payable on December 12, 2019 to shareholders on record as at November 21, 2019. The ex-dividend date is November 20, 2019. Analyst Certification -This research report is for information purposes only and should not be construed as
November 7, 2019 Real GDP in the second quarter of 2019 increased for 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 second quarter ranged from 4.7 percent in Texas to 0.5 percent in Hawaii.” The BEA also noted
November 7, 2019 United States: Fed’s Evans Says Rate Cuts Leave U.S. Economy in Good Place “Federal Reserve Bank of Chicago President Charles Evans said the central bank’s three interest-rate cuts this year have left the U.S. economy in a good place. “We’ve made a nice adjustment that takes account of risk management concerns,” Evans
November 6, 2019 Lasco Distributors Limited (LASD), for the six months ended September 30, 2019, posted 7% growth revenues to $9.41 billion, up from $8.78 billion in the corresponding period in 2018. For the quarter, revenues increased by 13% closing at $5.07 billion (2018: $4.50 billion). Cost of sales amounted to $7.51 billion, up 7%
November 5, 2019 United States: Trump Dealt Loss With Democratic Gains in Deep-Red States “Republicans suffered setbacks in two states in off-year elections Tuesday, despite President Donald Trump’s efforts to rally supporters to the defense of GOP candidates down the ballot as the 2020 race heats up. A staunchly pro-Trump Republican governor in Kentucky faced
November 5, 2019 Sagicor Group Jamaica (SJ), for the nine months ended September 30, 2019 reported a 31% increase total revenues to $67.51 billion from $51.48 billion in 2018, while for the third quarter total revenues were up 28% to total $24.92 billion compared to $19.46 billion in 2018. Total revenue for the nine months was broken
November 5, 2019 The Bureau of Labour Statistics reported that, “the number of job openings edged down to 7.0 million (-277,000) on the last business day of September.” In addition, for September, hires and separations changed to 5.9 million and 5.8 million, respectively. Regarding quits rate and layoffs and discharge rate, these were little changed
