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1 11, 2019

AFS reports 29% decline in six months net profits

2019-11-27T09:31:39-05:00

November 1, 2019. Access Financial Services Limited (AFS) for the six months ended September 30, 2019 reported $830.75 million in total interest income, a 6% increase relative to the $787.27 million recorded in 2018. Of this, interest income from loans amounted to $830.07 million (2018: $784.71 million), while interest income from securities totalled $686,000 (2018:$

1 11, 2019

SVL reports 16% increase in nine months net profit

2019-11-27T09:31:52-05:00

November 1, 2019 Supreme Ventures Limited (SVL), for the nine months ended September 30, 2019, reported a 16% increase in ‘Total Gaming Revenue’ from $24.25 billion in 2018 to $28.06 billion in 2019. For the quarter, ‘Total Gaming Revenue’ closed at $9.45 billion (2018: $8.13 billion). “Lotteries, PINs, Sports Betting and Horseracing recorded double digit

1 11, 2019

Special Advisory: Scotia Group Jamaica Limited (SGJ)

2019-11-27T09:32:08-05:00

Date: November 01, 2019 Scotia Group Jamaica Limited (SGJ) has announced that The Bank of Nova Scotia Jamaica Limited (“Scotiabank Jamaica”) and Sagicor Financial Corporation Limited (“Sagicor”) have mutually agreed to not proceed with the 20-year distribution agreement for insurance products and solutions in Jamaica. As a result, the sale of Scotia Jamaica Life Insurance

1 11, 2019

Dividend Declaration: Supreme Ventures Limited (SVL)

2019-11-27T09:32:21-05:00

Date: November 01, 2019 Supreme Ventures Limited (SVL) has declared an interim dividend of seventeen cents ($0.17) per stock unit payable on December 4, 2019 to shareholders on record as at November 21, 2019.  The ex-dividend date is November 20, 2019.   Analyst Certification -This research report is for information purposes only and should not

1 11, 2019

Dividend Consideration: PanJam Investment Limited (PJAM)

2019-11-27T09:32:33-05:00

Date: November 01, 2019 PanJam Investment Limited (PJAM) has advised that at a meeting of its Board of Directors scheduled for Tuesday, November 12, 2019, the Directors will consider the payment of a fourth interim dividend for the year 2019.   Analyst Certification -This research report is for information purposes only and should not be

1 11, 2019

Board Appointment: Fosrich Company Limited (FOSRICH)

2019-11-27T09:32:42-05:00

Date: November 01, 2019 Fosrich Company Limited (FOSRICH) has advised of the appointment of Mr. Hector Mendoza as Commercial & Project Director effective October 1, 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

1 11, 2019

Board Resignation/ Board Appointment: Berger Paints Jamaica Limited (BRG)

2019-11-27T09:35:24-05:00

Date: November 01, 2019 Berger Paints Jamaica Limited (BRG) has advised of the following changes in management: Mr. Barrington Graham resigned as General Manager effective October 29, 2019 Mr. Shashi Mahase was appointed General Manager effective October 30, 2019   Analyst Certification -This research report is for information purposes only and should not be construed

1 11, 2019

U.S. Unemployment Rate was little changed at 3.6% in October

2019-11-27T09:37:45-05:00

November 1, 2019 Total nonfarm payroll employment increased by 128,000 in October as the unemployment rate was little changed to 3.6% based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in food services and drinking places, social assistance, and financial activities. Household Survey Data Unemployment rate stood at 3.6% in

1 11, 2019

Overseas Headlines- November 1, 2019

2019-11-01T13:49:13-05:00

November 1, 2019 United States: U.S. Hiring Resilient With 128,000 Gain Amid Strike, Census “U.S. hiring was unexpectedly resilient in October and prior months saw sharp upward revisions, validating the Federal Reserve’s signal of a pause from interest-rate cuts and indicating consumers will extend the record-long expansion despite weak business investment and trade tensions. Stock

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