Date: October 18, 2019 Sagicor Group Jamaica Limited (SJ) has advised that its Board of Directors, at a meeting held on October 17, 2019, approved a resolution to declare an interim dividend of sixty-five cents ($0.65), payable on November 15, 2019 to shareholders on record at close of business on November 4, 2019. The ex-dividend
October 18, 2019 The Bureau of Labour Statistics reported that, “Unemployment rates were lower in September in 7 states, higher in 4 states, and stable in 39 states and the District of Columbia.” Last year, there were seven states with jobless rate decreases, 2 states had increases and the District had little or no change.
October 18, 2019 United States: U.S. Futures Drift Amid Earnings; Dollar Drops: Markets Wrap “U.S. equity-index futures fluctuated alongside European stocks as earnings season rolled on and investors reviewed a mixed bag of economic data from China. The dollar edged toward its weakest close since July and the pound drifted. Contracts on all three major
October 17, 2019 Sterling Investments Limited (SIL) has advised that a Director purchased 150,062 SIL shares on October 14, 2019 under the company’s Dividend Reinvestment Programme (DRIP) and Complementary Share Purchase Programme (CSPP). SIL has also advised that three connected parties purchased a total of 20,570 SIL shares on October 14, 2019 under the
October 17, 2019 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that a Director purchased 1,221 CPFV shares on October 10, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date
Seasonally adjusted production in the construction fell by 0.5% in the euro area (EA19) and fell by 0.2% in the EU28 in August compared with July 2019. According to Eurostat’s first estimates stated in July 2019, “production in construction decreased by 0.2% in the euro area and increased by 0.5% in the EU28. In August
October 17, 2019 Brent Oil Brent oil prices decreased by 0.51% or US$0.30, as prices decreased this week relative to the prior week. Oil traded on October 17, 2019 at a price of US$58.80 per barrel relative to US$59.10 on October 10, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
October 17, 2019 United States: U.S. Home Starts Fall From 12-Year High on Multifamily Drop “U.S. new-home construction in September pulled back from a 12-year high though the key single-family category was stable, signaling the housing market is firming amid low mortgage rates and steady demand. Residential starts fell 9.4% to a 1.26 million annualized
October 16, 2019 AMG Packaging Limited (AMG), for the year ended August 31, 2019 recorded turnover in the amount of $762.30 million (2018: $718.92 million), an increase of 6% when compared to 2018. For the quarter turnover was down 3% to close at $174.68 million (2018: $180.17 million). Total cost of sales amounted to $594.33
October 16, 2019 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2019, recorded a 14% decrease in total revenues to $360.57 million from $417.08 million reported in 2018. The company highlighted that, “the reduction in revenue was mainly due to less than expected outturn in the construction and technical grade brands. We
