Date: August 02, 2019 For the period of April to June 2019, the GOJ reported Total Revenues & Grants of $153.85 billion, $2.89 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9.4% relative to the $140.68 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and
Date: August 2, 2019 Total nonfarm payroll employment increased by 164,000 in July as the unemployment rate remained unchanged at 3.7%. based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in professional and technical services, health care, social assistance, and financial activities. Household Survey Data Unemployment rate was unchanged at
Date: August 02, 2019 Grace Kennedy Limited (GK), for the six months ended June 30, 2019, recorded revenue of $51.49 billion for period (2018: $48.37 billion), a year over year increase of 6%. Revenue for the second quarter of 2019 improved 9% to $25.56 billion (2018: $23.46 million). The biggest contributor to the group’s overall
Date: August 2, 2019 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2019 posted gross premium of $318.55 million relative $282.12 million; this represents a 13% increase year over year. For the second quarter gross premium rose by 56% to total $197.77 million compared to $127.10 million. According to management, “During
Date: August 2, 2019 United States: U.S. Jobs Report to Offer Litmus Test for Fed After Rate Cut “The next U.S. jobs report is more likely to embolden the Federal Reserve to keep this round of interest-rate cuts short and sweet, rather than validate investor views that the economy needs significantly more monetary easing. The
Date: July 31, 2019 Cargo Handlers Limited (CHL) has advised that the Board of Directors of the Company has approved the purchase of equipment, tanker trucks, and petroleum tanks. The Company further advised that the investment of US$900,000.00 will replace aging equipment up to 25 years old and will improve the safety of fuel transportation
Date: July 31, 2019 Ciboney Group Limited (CBNY) has advised that FINSAC’s previous attempts to dispose of its 72% shares in CBNY were aborted and hence it is proposing to again approach the market to invite prospective investors to acquire these shares. CBNY has further advised that in pursuance of this objective, FINSAC intends to
Date: July 31, 2019 Stanley Motta Limited (SML) has advised that at a Board of Directors’ meeting held on July 29, 2019, Mrs. Blondell Walker was appointed as a Director, replacing Sharon Donaldson who tendered her resignation as Director of the Company effective May 20, 2019. Company Disclosure -The information contained herein has been obtained from
Date: July 31, 2019 Caribbean Cement Company Limited (CCC) has advised that Peter Donkersloot has submitted his resignation from the Board of Directors of the Company effective July 31, 2019. CCC has also advised that Mr. Yago Castro has been appointed to its Board of Directors effective July 31, 2019. Company Disclosure -The information contained herein
Date: July 31, 2019 Medical Disposables and Supplies Limited (MDS) has advised that at a meeting of its Board of Directors held on July 30, 2019, it was decided that a final dividend of $0.11 per share for the year ended March 31, 2019 be paid to shareholders on record as at August 26, 2019.
