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9 02, 2018

LASM reports a 73% increase in third quarter net profits

2018-02-09T18:19:41-05:00

Date: February 9, 2018 Lasco Manufacturing Limited (LASM), for the nine months ended December 31, 2017 reported total revenue decreased by 3% from $5.42 billion in 2016 to $5.28 billion in 2017. Revenue increased $316.65 million or 22% to a total of $1.78 billion in the third quarter, relative to the $1.46 billion recorded for

9 02, 2018

Overseas Headlines – February 09, 2018

2018-02-09T12:37:01-05:00

 February 09, 2018 United States:  Central Banks Are Telling Markets It's Time to Grow Up It's time for markets to grow up. An important element in the current volatility tantrum is the return of inflation. Last Friday's U.S. payroll report kicked it off, and the struggle at this week's 10-year and 30-year U.S. Treasury auctions

8 02, 2018

Daily Market Summary February 8, 2018

2018-02-08T21:20:41-05:00

Daily Market Summary 08.2.18 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 the contents of this information is strictly prohibited and may be unlawful. Mayberry may

8 02, 2018

AFS reports nine months net profit of $504.8 million

2018-02-08T21:19:24-05:00

February 8, 2018.  Access Financial Services Limited (AFS) for the nine months ended December 31, 2017 reported total interest income of $1.04 billion, a 11% increase when compared with the $935.04 million reported for the same time period  in 2016. Of this, Interest Income from Loans amounted to $1.03 billion (2016: $930.52 million) while Interest

8 02, 2018

Gas Price Movement – February 8, 2018

2018-02-08T20:09:22-05:00

Gas Price Movement February 8, 2018 Brent Oil Brent oil prices fell by 6.47% or US$4.47, as prices decreased this week. Oil traded on February 8, 2018 at a price of $64.66 per barrel relative to US$69.13 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week

8 02, 2018

Net International Reserves- January 2018

2018-02-08T16:40:32-05:00

February 08,2018 Jamaica’s Net International Reserves (NIR) totaled US$3,203.69 million as at January 2018, reflecting a decrease of US$4.93 million relative to the US$3,208.29 million reported as at the end of December 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$8.34 million to total US$3,789.51 million compared to

8 02, 2018

Dividend Declaration: Carreras Limited (CAR)

2018-02-08T15:14:34-05:00

February 8, 2018 Carreras Limited (CAR) has advised that at a meeting of their Board of Directors held on February 7, 2018, the directors declared an interim dividend of $0.20 per stock unit, to be paid out of the accumulated profits on March 14, 2018, to stockholders as shown on the Register of Members as

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