October 25, 2019 MPC Caribbean Clean Energy Limited (MPCCEL) – Renounceable Rights Issue MPC Caribbean Clean Energy Limited hereby advises the public that the Company intends to pursue a renounceable rights issue (the “Rights Issue”) in respect of its Class B shares in Jamaica and in Trinidad and Tobago. The Record Date for the Rights
October 25, 2019 Kingston Properties Limited (KPREIT) – Renounceable Rights Issue Further to its notice published on August 5, 2019, Kingston Properties Limited hereby advises the public that the Record Date for its intended renounceable rights issue (the "Rights Issue") will be November 8, 2019. The Company is seeking to raise approximately J$2 billion by
October 25, 2019 United States: Fed Seen Cutting Rates Next Week and Then Hitting Pause Button “Federal Reserve officials will signal they’re likely to take a break from cutting interest rates after lowering them again next week, according to a majority of economists surveyed by Bloomberg. In an Oct. 21-24 poll of 40 economists, 85% said they
September 25, 2019 MPC CARIBBEAN CLEAN ENERGY LIMITED (MPCCEL) For the Nine Months Ended September 30, 2019: MPCCELL recorded revenues of US$205,858 relative to nil reported for the prior year’s corresponding period. Revenue for the quarter amounted to US$56,778 compared to nil for the same quarter in 2018. Total expenses amounted to US$251,718 (2018: $30,098).
October 24, 2019 As at the end of the second quarter of 2019, the government debt to GDP ratio for the euro area (EA19) was 86.4% relative to 86.5% at the end of the first quarter of 2019. According to a report published by Eurostat, the statistical office of the European Union, “In the EU28,
October 24, 2019 United States: U.S. Business-Equipment Orders Drop Second Month, Miss Forecast “Orders placed with U.S. factories for business equipment declined for a second straight month and shipments matched the biggest drop since 2016, the latest sign the dimmer global growth outlook and trade tensions with China are weighing on companies.The proxy for business
October 23, 2019 “The past year was challenging but one in which we experienced exceptional growth,” stated by Chairman, Mrs. Natalia Gobin-Gunter, at the 3rd Annual General Meeting of Key Insurance Company Limited (KEY). She added that despite the increase in growth there was a sharp rise in the company’s claim experience. Consequently, management responded
Date: October 23, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that effective October 15, 2019, Mr. Gavin Valentine and Mr. Kadeen Mairs have resigned as Directors of SSLVC. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify
Date: October 23, 2019 Fontana Limited (FTNA) has advised that the payment of a dividend will be considered at a special Board of Directors’ meeting scheduled to be held on Tuesday, October 29, 2019. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research
October 23, 2019 During the period January to July 2019 the Jamaica’s imports amounted US$3,833.9 million increasing by 11.8% relative to US$3,429.8 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,007.8 million for the period under review, a decline of
