October 15, 2019 Express Catering Limited’s (ECL), for the three months ended August 31, 2019, revenues increased by 12% for the period to US$4.54 million (Q1 2018: US$4.06 million). Cost of sales (COS) increased by 13% for the period to US$1.23 million (Q1 2018: US$1.09 million). As a result gross profit increased year-on-year for the
October 15, 2019 Margaritaville (Turks) Limited (MTL) for the three months ended August 31, 2019 reported revenues which increased by 12% for the period to US$2.03 million (2018: US$1.82 million). The company commented that revenue was, “earned from the 282,040 passengers that arrived at the port during the period resulting in a spend-per-passenger of US$7.21.” Cost
October 15, 2019 United States: Fed’s Bullard Wants Rate Cuts Considered Amid Downside Risks “Federal Reserve policy maker James Bullard said his colleagues should think about cutting interest rates again to guard against threats to the economy such as the U.S.-China trade dispute. While declining to predict the outcome of this month’s meeting, the Federal
Date: October 14, 2019 Palace Amusement Company (1921) Limited (PAL) has advised that at a meeting of its Board of Directors held on Tuesday, October 8, 2019, it was decided that having heavily invested for the long-term benefit of the Shareholders in a new cinema in Portmore, “Sunshine Palace”, there will be no recommendation to
Date: October 14, 2019 Jamaican Teas Limited (JAMT) has advised that on October 1, 2019 the Company acquired 50% of the outstanding share capital of Bay City Foods Limited (Bay City) bringing its total shareholding in Bay City to 100. For further information, please visit www.jamstockex.com Analyst Certification -This research report is for information
Date: October 14, 2019 PanJam Investment Limited (PJAM) has advised that three Directors exercised their stock options and acquired a total of 20,978 PJAM shares on October 11, 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
October 14, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In August 2019 compared with July 2019, seasonally adjusted industrial production rose by 0.4% in the euro area (EA19) and by 0.1% in the EU28.” However, in July 2019, production declined by 0.4% in the euro area
October 14, 2019 United States: U.S. Payrolls Revisions Are More Reliable, Fed Study Shows “Revisions to monthly U.S. payrolls figures have become more reliable over the short term while those on industrial production have become less so, according to a Federal Reserve study that finds that policy makers could build such evolutions into their real-time
October 14, 2019 Kingston, Jamaica, October 9 – The GraceKennedy Group took another step towards realising its vision of becoming a Global Consumer Group on Monday, October 7, when it officially opened its brand new Grace/La Fe facility in Woodbridge, New Jersey. The facility, which cost the company some US$5M, will drive increased operating
October 11, 2019 September’s import prices rose 0.2%, according to the U.S. Bureau of Labor Statistics after declining 0.2% the previous month. This advance was mostly attributable to the higher prices in fuel imports and nonfuel goods which declined 0.1%. Nonetheless, export prices fell 0.2% in September relative to a 0.6% decrease the previous month.
