Date: July 30, 2019 In June, personal income rose $83.6 billion (0.4%) according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $69.7 billion (0.4%) and personal consumption expenditures (PCE) grew $41.0 billion (0.3%). Real DPI rose 0.3% in June and Real PCE climbed 0.2%. The PCE price index
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
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
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
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
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
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
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
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
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
