United States: U.S. Trade Deficit Narrows as Exports, Imports Both Plummet The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods. The deficit in goods and services shrank to $50.8 billion,
June 05, 2019 Scotia Group Jamaica Limited (SGJ) has advised that a dividend payment will be considered at a Board of Directors’ meeting scheduled to be held on June 12, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
June 05, 2019 National Commercial Bank Jamaica Limited (NCB), a subsidiary of NCBFG, has advised that following the system upgrade on May 17, 2019, most of its business customers were unable to submit their salary files electronically in the usual manner. The Company accepted the files from these customers via different communication channels for
June 05, 2019 Jamaican Teas Limited (JAMT) has advised that a Director and a connected party purchased a total of 1,036,639 JAMT shares during the period May 31, 2019 to June 3, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
June 05, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 25,000 MJE shares and that a connected party sold 4,753,384 MJE shares. These transactions were conducted on June 3, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
June 05, 2019 For the period of April 2019, the GOJ reported Total Revenues & Grants of $46.11 billion, $1.54 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.4% relative to the $41.41 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’ and ‘Grants’
Date: June 05, 2019 SSL Venture Capital Jamaica, for the year ended December 31, 2018, reported revenues of $194.70 million versus $932,693 reported in the prior year. Cost of sales amounted to $157.50 million (2017: nil), as such resulting in gross profit of $37.20 million relative to $932,693 booked last year. Other operating income closed
United States: Fed Inches Toward Rate Cut as Trade War Frays Patience The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction. In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely
Date: June 04, 2019 Indies Pharma Jamaica Limited, for the six months ended April 2019, reported revenue of $361.30 million, 20% higher than the $301.10 million booked in 2018. For the quarter, revenue closed at $193.12 million (2018: $149.90 million). Cost of sales declined by 3% to close at $110.11 million (2018: $113.80 million). This
United States: U.S. ‘Disappointed’ Over China’s Fingerpointing on Trade Rift The Trump administration on Monday expressed disappointment that China blames the U.S. for the failure of trade talks between the two countries. “It is important to note that the impetus for the discussions was China’s long history of unfair trade practices,” the Treasury Department and
