May 30, 2018 Caribbean Cement Company Limited (CCC) has advised that on May 28, 2018, pursuant to the authorization of its Board of Directors, the Company entered into two loan agreements with CEMEX España, S.A., a subsidiary of CEMEX, S.A.B. de C.V.: (i) a term loan agreement for US$50 million bearing an annual interest rate
May 30, 2018 Honey Bun (1982) Limited (HONBUN) has advised that the Board of Directors declared an interim dividend of 20 Jamaican cents per share ($0.20). The dividend is payable on June 25, 2018 to shareholders on record as at June 11, 2018. The ex-dividend date is June 8, 2018.
May 30, 2018 Grace Kennedy (GK) Annual General Meeting(AGM) was held today May 30, 2018, which coincidentally marks the day Douglas Orane-former Chairman of GK- permanently retired from GK’S board of directors. In the words of current Chairman, The Hon. Gordon Shirley, “he has serve the Company with great distinction and has made an extra-ordinary
Date: May 30, 2018 Carreras Limited (CAR), for the financial year ended March 31, 2018Carreras Limited Operating Revenue of $12.55 billion, a 7% decrease compared to $13.51 billion recognized in 2017. Cost of Operating Revenue also declined year over year by 10%, amounting to $6.25 billion for the period from $6.97 billion in 2017. Notwithstanding
May 30, 2018 Access Financial Services Limited (AFS) for the year ended March 31, 2018 reported $1.47 billion in total interest income, a 16% increase relative to the $1.27 billion recorded in 2017. Of this, Interest Income from Loans amounted to $1.46 billion (2017: $1.26 billion) while Interest Income from Securities totaled $10.62 million (2017:$9.12
May 30, 2018 138SL’s Income increased by 65% to $411.92 million relative to the $248.96 million recorded for the corresponding six months period the prior year. Other operating income also increased for the six months period, growing 17% to 15.87 million relative to $13.52 a year earlier. Revenue for the second quarter rose 56% to
May 30, 2018 For the first quarter of the 2018 financial year, the company recorded a Total Revenue of $271.04million (2017: $227.91 million), representing a 19% increase. Cost of Sales for the quarter amounted to $161.94million, up 11% relative to $145.52 million booked at the end of quarter one 2017. As such, Gross Profits totaled
May 30, 2018 The U.S. Bureau of Labor Statistics confirmed in its latest report that the national unemployment rate in April was 3.7 percent, down from 4.1 percent a year earlier. “Unemployment rates were lower in April than a year earlier in 305 of the 388 metropolitan areas, higher in 63 areas, and unchanged in
May 30, 2018 United States: Stocks Drop, Bonds Rally as Italy Woes Jolt Assets: Markets Wrap U.S. stocks tumbled the most in more than a month, joining a global equity selloff sparked by concern Italy’s political woes will destabilize Europe. Treasuries surged, oil plunged and the yen rallied. Selling in American equities picked up pace
Date: May 29, 2018 Victoria Mutual Investments Limited (VMIL) held its 1st annual general meeting today at the Knutsford Court Hotel subsequent to being publicly listed on the Jamaica Stock Exchange on December 29, 2017. Opening remarks were made by Mr. Michael McMorris, VMIL’s Chairman where he highlighted the overall performance of the Group for
