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13 11, 2019

ELITE reports 808% increase in first quarter net profit

2019-11-15T02:45:11-05:00

November 13, 2019 Elite Diagnostics Limited (ELITE), for the three months ended September 30, 2019 reported that Revenue increased by 38% to total $118 million compared to $85.44 million for the same period in 2018. The company highlighted, “The increase in revenue for the 2nd quarter is due to MRI scans and increase in Intervention

13 11, 2019

CAR reports 1% decline in six months net profit

2019-11-15T02:45:26-05:00

Date: November 13, 2019 Carreras Limited, for the six months ended September 30, 2019, reported Operating Revenue of $6.64 billion, 5% increase relative to $6.31 billion booked in 2018. The company highlighted that, “Our volume performance was negatively impacted, primarily in the month of September, by adverse weather conditions. The persistent rains affected the selling

13 11, 2019

SML reports 90% decline in nine months net profit

2019-11-15T02:45:40-05:00

Date: November 13, 2019 Stanley Motta Limited (SML) for the nine months ended September 30, 2019, booked a 81% increase in revenue to total $312.51 million compared to $172.21 million for the same period in 2018. For the third quarter revenue increased 39% to $107.09 million in 2019 compared to $76.86 million the previous year.

13 11, 2019

Trade in Shares: The Limners and Bards Limited (LAB)

2019-11-15T02:47:04-05:00

Date: November 13, 2019 The Limners and Bards Limited (LAB) has advised that a Senior Manager sold 100,000 LAB shares on October 29, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was,

13 11, 2019

Dividend Declaration: Proven Investments Limited (PROVEN)

2019-11-27T09:10:28-05:00

Date: November 13, 2019 Proven Investments Limited (PROVEN) has advised that a dividend of US$0.0056 per share was declared at a Board of Directors’ meeting held on November 8, 2019. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.78786 per share. The dividend will be paid on December 6,

13 11, 2019

Dividend Declaration: PanJam Investment Limited (PJAM)

2019-11-15T02:47:28-05:00

Date: November 13, 2019 PanJam Investment Limited (PJAM) has advised that at a Board meeting held on November 12, 2019, the Directors adopted a Resolution to declare a fourth interim dividend for the year 2019 in the amount of 26.5 cents per stock unit. The dividend will be paid on December 18, 2019 to stockholders

13 11, 2019

U.S. CPI inches up 0.4% for October 2019

2019-11-27T09:10:43-05:00

November 13, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% for October after being unchanged in September, on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics indicated. The all items index increased 1.8% before seasonal adjustment over the last year. The index for all items less food and energy

13 11, 2019

PROVEN reports 337% surge in six months net profit

2019-11-13T15:33:19-05:00

November 13, 2019 Reported in US$ (except where it is indicated otherwise)   Proven Investments Limited (PROVEN), for six months ended September 30, 2019 reported interest income of $13.81 million, a 3% decrease when compared with the $14.17 million reported for the same period in 2018. Interest income for the second quarter amounted to $6.91 million

13 11, 2019

Overseas Headlines-November 13, 2019

2019-11-13T13:46:43-05:00

November 13, 2019 United States: Trump Threatens Substantially More Tariffs If No China Deal “President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached. “If we don’t make a deal, we’re going to substantially raise those tariffs,” he said Tuesday in a speech

12 11, 2019

SOS reports 24% increase in nine months net profit

2019-11-27T09:11:05-05:00

November 12, 2019 Stationery and Office Supplies Limited (SOS) for the nine months period reported revenues of $933.22 million relative to $801.44 million in 2018, a 16% increase. For the third quarter, revenues grew by 5% to close the quarter at $294.67 million (2018: $281.51 million). The company highlighted that, “sales of SEEK product increased

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