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27 04, 2018

PJX reverse losses to earn US$1.90 million year end

2018-04-27T17:00:17-05:00

April 27, 2018 Net gain on financial assets classified as at fair value through profit and loss amounted to US$2.07 million compared to a loss of US$437,923 last year.  For the three months, net gain on financial assets classified  as fair value through profit amounted to US$1,38 million compared to a 2017 loss of US$1.18

27 04, 2018

NCBFG reports 16.69% increase in 6 months net profit

2018-04-27T13:17:16-05:00

April 27, 2018  NCB Financial Group (NCBJ) for the six months ended March 31, 2018 reported Net Interest Income increased by 8.66%, relative to the corresponding period in 2017, to total $15.91 billion (2017: $14.64 billion). The Company noted this was “driven by the consolidation of our newest subsidiary, Clarien Group Limited (CGL).” For the quarter,

26 04, 2018

CCC reports 27% decline in first quarter net profit

2018-04-26T17:05:25-05:00

April 26,2018 Caribbean Cement Company Limited (CCC) for the three months ended march 31, 2018 reported total revenue for the three months ended March 31, 2018 grew by 6% amounting to $4.34 billion, up from $4.09 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) for the period amounted to $605.96

26 04, 2018

U.S.: Business Employment Dynamics Summary -Third Quarter 2017

2018-04-26T14:33:48-05:00

April 26, 2018 Net job loss due to closing and contracting private-sector establishments for third quarter-June 2017 to September 2017- amounted to 140,000, the Bureau of Labor Statistics reported in its latest release. According to the Bureau, “gross job losses from closing and contracting private-sector establishments were 7.4 million, an increase of 268,000 jobs lost

24 04, 2018

Special Advisory: Jamaica Stock Exchange (JSE)

2018-05-24T16:58:50-05:00

Date: April 24, 2018 Jamaica Stock Exchange (JSE): The Jamaica Central Securities Depository Limited (“JCSD”), a wholly owned subsidiary of the Jamaica Stock Exchange, has appointed Mrs. Kadyll McNaught-Hermitt as Company Secretary of JCSD and JCSD Trustee Services Limited. The appointment took effect on April 18, 2018.

24 04, 2018

Trade In Shares: Sterling Investments Limited (SIL)

2018-05-24T16:52:49-05:00

Date: April 24, 2018 Sterling Investments Limited (SIL) has advised that a Director and three connected parties purchased a total of 70,010 SIL shares under the company’s Dividend Reinvestment Programme during the period March 26 to April 13, 2018.

24 04, 2018

ROC reports 150% increase in gross premiums

2018-04-24T15:42:02-05:00

Date: April 24, 2018 IronRock Insurance Company Limited (ROC), for the three months ended March 31, 2018 posted gross premium of $155.02 million relative $61.94 million; this represents a 150% increase year over year. Change in gross provision for unearned premiums amounted to $99.46 million compared to $42.30 million in 2017 while excess of loss premium

24 04, 2018

Government debt fell to 86.7% of GDP in euro area; down to 81.6% of GDP in EU28

2018-04-24T15:21:21-05:00

April 24,2018 At the end of the fourth quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 86.7%, compared with 88.1% at the end of the third quarter of 2017, according to Eurostat. Likewise, in the EU28, the ratio also decreased from 82.4% to 81.6%. The decrease was

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