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31 05, 2018

PROVEN reports 19% decline in year end net profit

2018-05-31T16:06:59-05:00

May 31, 2018  Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the year ended March 31, 2018 ended reported interest income of $28.49 million, an 18% or $4.34 million increase when compared with the $24.15 million reported for the same period in 2017. Total interest income for the quarter

31 05, 2018

LASD reports 55% increase in year end net profit

2018-05-31T15:07:48-05:00

May 31, 2018 Lasco Distributors Limited (LASD) For the year ended March 31, 2018 posted a 3% growth in revenues to $16.27 billion, up from $15.80 billion in the corresponding period in 2017. Cost of sales amounted to $13.10 billion relative to the $12.87 billion posted for the prior year. Gross profits also recorded an

31 05, 2018

LASF reports 35% uptick in year’s net profit

2018-05-31T14:38:59-05:00

Date: March 31, 2018 Lasco Financial Services (LASF), for the year ended March 31, 2018 recorded a total of $1.55 billion in Trading Income; this represented a growth of 51% relative to the $1.02 billion recorded in 2017. Other Income amounted to $72.02 million, a rise of 53% compared to $46.97 million in 2017, this resulted

31 05, 2018

Overseas Headlines – May 31, 2018

2018-05-31T14:26:27-05:00

May 31, 2018 United States: Treasury Volatility Reawakens With Biggest Jump Since 2016 Italian politics just did what a correction in U.S. equities and a breach of 3 percent on the U.S. 10-year yield could not: knocked the Treasury market out of its slumber. Rates volatility has re-emerged, with Merrill Lynch’s MOVE Index surging by

31 05, 2018

Special Advisory: Caribbean Cement Company Limited (CCC)

2018-05-31T00:40:39-05:00

May 30, 2018 Caribbean Cement Company Limited (CCC) has advised that on May 28, 2018, pursuant to the authorization of its Board of Directors, the Company entered into two loan agreements with CEMEX España, S.A., a subsidiary of CEMEX, S.A.B. de C.V.: (i) a term loan agreement for US$50 million bearing an annual interest rate

31 05, 2018

Dividend Declaration: Honey Bun (1982) Limited (HONBUN

2018-05-31T00:36:36-05:00

May 30, 2018 Honey Bun (1982) Limited (HONBUN) has advised that the Board of Directors declared an interim dividend of 20 Jamaican cents per share ($0.20). The dividend is payable on June 25, 2018 to shareholders on record as at June 11, 2018. The ex-dividend date is June 8, 2018.    

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