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30 07, 2019

CCC reports 48% increase in six months net profits

2019-07-30T14:31:57-05:00

Date: July 30, 2019  Caribbean Cement Company Limited (CCC) for the six months ended June 30, 2019, reported total revenue of $9.13 billion, 4% increase from $8.77 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.69 billion, an increase of 60% relative to $2.30 billion for the prior

30 07, 2019

Overseas Headlines: July 30, 2019

2019-07-30T13:27:31-05:00

Date: July 30, 2019   United States: Trump Lashes Out at China as Trade Talks Resume; Stocks Fall “President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai

30 07, 2019

VMIL reports 163% increase in six months net profit

2019-07-30T23:35:52-05:00

July 30, 2019   Victoria Mutual Investments Limited (VMIL), for the six months ending June 30, 2019, reported total interest income of $398.40 million, an increase of 13% relative to the $353.66 million recorded for the corresponding period in 2018. Interest income for the quarter amounted to $197.41 million, up 14% on the $172.74 million

29 07, 2019

Special Advisory: GWest Corporation Limited (GWEST)

2019-07-29T20:43:07-05:00

July 29, 2019   GWest Corporation Limited (GWEST) has advised that the finalization of the 2019 Annual Report due for submission by July 29, 2019 has been delayed. The Company has further advised that the report is currently at an advanced stage of completion and it is anticipated that it will be submitted to the

29 07, 2019

Special Advisory: NCB Financial Group (NCBFG)

2019-07-29T20:43:05-05:00

July 29, 2019   NCB Financial Group (NCBFG) has advised of the following leadership changes at its major Jamaican banking subsidiary, National Commercial Bank Jamaica Limited (NCBJ), effective August 1, 2019: Septimus Blake will take office as Chief Executive Officer (CEO) and a Director of NCBJ; Malcolm Sadler will assume responsibilities as Chief Financial Officer

29 07, 2019

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

2019-07-29T21:04:38-05:00

July 29, 2019   Mayberry Jamaican Equities Limited (MJE) has advised that a connected party sold 500 MJE shares on July 26, 2019.   Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of

29 07, 2019

Special Advisory: Caribbean Cement Company Limited(CCC)

2019-07-29T20:42:57-05:00

July 29, 2019   Caribbean Cement Company Limited(CCC) has advised that on July 26, 2019, the Company executed a ten (10) year electricity supply agreement with the Jamaica Public Service Company Limited (JPS). The Parties had previously entered into a Power Purchase Agreement for the Supply of Electricity to CCC dated as of the 15th

29 07, 2019

Dividend Declaration: Knutsford Express Services Limited (KEX)

2019-07-29T20:42:54-05:00

July 29, 2019   Knutsford Express Services Limited (KEX) has advised that the payment of a dividend will be considered at a Board of Directors’ meeting scheduled to be held on Monday, July 29, 2019.   Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

29 07, 2019

Dividend Declaration: Proven Investments Limited (PROVEN)

2019-07-29T20:42:51-05:00

July 29, 2019   Proven Investments Limited (PROVEN) has advised that a dividend payment of US$0.0028 per share was declared at a Board of Directors’ meeting held on July 26, 2019. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.3832 per share. This dividend will be made to all

29 07, 2019

Dividend Declaration: Supreme Ventures Limited (SVL)

2019-07-29T20:42:48-05:00

July 29, 2019   Supreme Ventures Limited (SVL) has declared a dividend amount of twenty-two cents (0.22 cents) per stock unit payable on September 6, 2019, out of retained earnings, to all shareholders on record as at August 22, 2019. The ex- dividend date is August 21, 2019.   Analyst Certification -The views expressed in

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