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5 08, 2019

Overseas Headlines: August 5, 2019

2019-08-05T13:48:56-05:00

Date: August 5, 2019 United States: Trump Links Gun-Sale Background Checks and Immigration Overhaul  President Donald Trump proposed combining stricter background checks for gun purchases with "desperately needed immigration reform" after the weekend deaths of 29 Americans in mass shootings in Ohio and El Paso, Texas. Trump, who faces charges that his anti-immigrant rhetoric helped

5 08, 2019

Featured Stock: ECL

2019-08-05T13:43:15-05:00

Date: August 05, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 05.08.19 ECL The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on

2 08, 2019

Special Advisory: Sweet River Abattoir & Supplies Company Limited (SRA)

2019-08-02T21:02:37-05:00

Date: August 2, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) has advised of the following resignations: Mr. Valdence Gifford resigned as the Managing Director effective May 31, 2019. Mr. Gifford however continues to serve on a contractual basis until a replacement is selected. He remains a member of the Board of Directors. Mrs.

2 08, 2019

Special Advisory: NCB Financial Group (NCBFG)

2019-08-02T21:02:18-05:00

Date: August 2, 2019 NCB Financial Group (NCBFG) has advised that starting August 1, 2019, Septimus ‘Bob’ Blake will take the lead as CEO of National Commercial Bank Jamaica Limited (NCB Jamaica/the Bank). Blake succeeds Patrick Hylton who has been leading the Bank for the past 15 years. Malcolm Sadler has also been appointed Chief

2 08, 2019

Special Advisory: Barita Investments Limited (BIL)

2019-08-02T21:01:56-05:00

Date: August 2, 2019 Barita Investments Limited (BIL) has advised that subsequent to the Extraordinary General Meeting, the Board of Directors of BIL on July 31, 2019 passed the following Board Resolution for a Rights Issue to ordinary Stockholders of BIL: “1. The Board hereby approves the issue of up to 116,845,955 ordinary shares (“New

2 08, 2019

Dividend Declaration: GraceKennedy Limited (GK)

2019-08-02T21:00:14-05:00

Date: August 2, 2019 GraceKennedy Limited (GK) has also declared an interim dividend of 40 cents per stock unit to be paid on September 26, 2019 to stockholders on record at the close of business on September 6, 2019. The ex-dividend date is September 5, 2019. Disclaimer: Analyst Certification -The views expressed in this research

2 08, 2019

LASM reports 19% increase in first quarter net profit

2019-08-02T20:48:41-05:00

Date: August 2, 2019  Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2019 recorded an increase of 3% in total revenue to total $1.79 billion, relative to the $1.73 billion recorded for the comparable period in 2018. Cost of sales amounted to $1.12 billion (2018: $1.12 billion) for the quarter, a marginal

2 08, 2019

Government Operations Results for June 2019

2019-08-02T19:37:33-05:00

Date: August 02, 2019 For the period of April to June 2019, the GOJ reported Total Revenues & Grants of $153.85 billion, $2.89 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9.4% relative to the $140.68 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and

2 08, 2019

U.S. Unemployment rate was unchanged at 3.7% in July

2019-08-02T18:38:48-05:00

Date: August 2, 2019 Total nonfarm payroll employment increased by 164,000 in July as the unemployment rate remained unchanged at 3.7%. based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in professional and technical services, health care, social assistance, and financial activities. Household Survey Data Unemployment rate was unchanged at

2 08, 2019

GK reports 7% decline in six months net profit

2019-08-02T16:10:01-05:00

Date: August 02, 2019 Grace Kennedy Limited (GK), for the six months ended June 30, 2019, recorded revenue of $51.49 billion for period (2018: $48.37 billion), a year over year increase of 6%. Revenue for the second quarter of 2019 improved 9% to $25.56 billion (2018: $23.46 million). The biggest contributor to the group’s overall

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