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10 11, 2017

Board Appointments:tTech Limited (TTECH)

2017-11-10T21:32:09-05:00

tTech Limited (TTECH) has advised of the following changes to its Board of Directors and Executive effective March 1, 2018: Phillip Alexander is stepping down as Chairman but will continue as a Director Edward ‘Teddy’ Alexander will become Chairman and step down as CEO Christopher Reckord will become CEO and step down as Company Secretary

10 11, 2017

NCBFG setting the bar higher

2017-11-13T14:34:32-05:00

At NCBF’s fourth investor briefing for the 2017 financial year,  NCB Group Finance and Deputy Managing Director, Dennis Cohen gave a brief review of the Group’s record performance in 2017 and non-financial highlights.  NCBFG for the 2017FY produced record profits for both the Group and for a listed company on the Jamaica Stock Exchange (JSE).

10 11, 2017

MDS reports 16% decline in six months Net Profit.

2017-11-10T16:24:09-05:00

Medical Disposables & Supplies Limited For the six months ended September 2017: Revenue amounted to $964.89 million, an increase of 17%, when compared with the $826.44 million booked last year. According to the company, “This positive performance was driven by the Company’s strategic plan to increase its market share, through increased product offerings and the

10 11, 2017

GK reports 57% increase in third quarter net profit.

2017-11-10T15:46:12-05:00

Grace Kennedy Limited (GK) For the Nine Months ended September 30, 2017: Revenue totalled $69.30 billion for period (2016: $66.65 billion), a year over year increase of 4%. For the quarter the company increased revenue by 1.75% to total $22.93 billion (2016: $22.53 billion). The biggest contributor to the group’s overall revenue for the nine

10 11, 2017

NCBFG reports a 32% growth in year-end profits

2017-11-10T21:30:39-05:00

NCB Financial Group Limited (NCBFG) for year ended September 31, 2017, recorded a 6% increase in Net Interest Income relative to the corresponding period in 2016, to total $29.76 billion (2016: $28.12 billion). For the quarter Net Interest Income also improved 6% to close at $7.57 billion (2016: $7.13 billion).  Interest Income for the year

10 11, 2017

Overseas Headlines – November 10, 2017

2017-11-10T12:57:52-05:00

U.S.:  Dollar set for biggest weekly drop in four weeks on tax concerns The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. But the greenback was set for its biggest weekly drop in four weeks as investors

9 11, 2017

Gas Price Movement November 9, 2017

2017-11-09T19:13:09-05:00

Brent Oil Brent oil prices rose by 4.96% (US$3.00), as prices declined this week. Oil traded on November 8, 2017 at a price of 63.49 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.35% (US$1.61 ). Additionally 90 Octane  increased by 1.35% or

9 11, 2017

PROVEN reports a 5% decrease in six months profit attributable to shareholders

2017-11-09T18:21:43-05:00

Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2017 booked Net Interest  of $4.68 million, up from the $3.40 million documented in 2016. Net Interest Income for six month ended September 30, 2017 totaled $9.20 million, an increase of approximately $2.12 million relative

9 11, 2017

Overseas Headlines – November 09, 2017

2017-11-09T12:56:07-05:00

U.S.:  Dissecting the $250 Billion China Deals Trump Got for U.S. How does $250 billion in deals get sliced? The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals,

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