May 14, 2019 Scotia Group Jamaica Limited (SGJ) has advised of the appointment of Ms. Tricia Davies as Vice President, Business Support, The Bank of Nova Scotia Jamaica Limited, effective May 1, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot
May 14, 2019 NCB Financial Group Limited (NCBFG) and its wholly owned subsidiary, NCB Global Holdings Limited (NCBGH), have announced the successful completion of the acquisition of 74,230,750 ordinary shares in Guardian Holdings Limited (GHL), following the granting of all necessary regulatory approvals, including in Jamaica and Trinidad & Tobago, and the closing of
May 14, 2019 Click below to view NCB Financial Group Limited (NCBFG) press release. News-Release-NCB-Financial-Group-Closes-Acquisition-of-Majority-Interest-in-Guardian-Holdings-Limited The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the
May 14, 2019 Eppley Limited (EPLY) for the three months ended March 31, 2019, reported interest income of $91.83 million a 25% or $18.12 million increase when compared $73.71 million recorded for the corresponding period in 2018. Interest expenses for the period amounted to $45.30 million, a marginal increase when compared to $45.11 million
United States: Fed’s Williams Sees U.S. Inflation Hit From Escalating Trade War U.S. trade tariffs are already starting to push up inflation and will have a greater impact as they rise, though the U.S. economy is in a “good place” right now, according to Federal Reserve Bank of New York President John Williams. Williams said
Date: May 13, 2019 JSE for the first three months ended March 31, 2019 recorded total revenue of $445.12 million, a 27% increase when compared to the $349.58 million booked the prior year. Of this: Cess income rose by 10% to $139.03 million relative to $126.06 million the previous year. Fee income grew by 32%
Date: May 13, 2019 FosRich Company Limited (FOSRICH) for the three months ended March 31, 2019 booked a 39% increase in revenue to total $378.58 million compared to $271.85 million for the same period in 2018. The Company noted, “The growth in revenue has been the direct result of the strategies implemented by the Company
Date: May 13, 2019 Stationery and Office Supplies Limited (SOS) for the three months period reported revenues of $343.47 million relative to $279.18 million in 2018, a 23% increase. The Company’s cost of sales totaled $175.04 million, up 24% relative to the $140.90 million reported in 2018. As a result, gross profit grew by 22%
Date: May 13, 2019 Net International Reserves- April 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,019.08 million as at April2019, reflecting a decline of US$65.74 million relative to the US$3,084.83 million reported as at the end of March 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$68.98 million
Date: May 13, 2019 Sagicor Group Jamaica Limited (SJ) for the three months ended March 31, 2019, Total revenues increased by 27% to $20.12 billion from $15.82 billion in 2018, and was broken down as follows: Net investment income increased to $5.28 billion from $4.10 billion in 2018. SJ noted that this was “ influenced
