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24 12, 2018

CHL reports 17% increase in year end net profit

2018-12-24T15:56:59-05:00

Date: December 24, 2018  Cargo Handlers Limited (CHL) for the year ended September 30, 2018 reported revenues of $355.74 million, 11% higher than the $320.83 million booked in 2017.  Revenues for the quarter amounted to $75.63 million, 16% higher than the $65.39 million reported for the same quarter in 2017. The Company booked a gain

24 12, 2018

Featured Stock: LASD

2018-12-24T14:15:21-05:00

Date: December 24, 2018 Please click below to view today’s featured stock. Weekly Picks 24.12.18 LASD 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 contents

24 12, 2018

Overseas Headlines- December 24, 2018

2018-12-24T13:35:07-05:00

Date: December 24, 2018  United States: U.S. Stock Futures Decline; Treasuries, Gold Gain: Markets Wrap U.S. stock futures gave up earlier gains as investors remained on edge over the turmoil in Washington after the worst week for equities in almost a decade. The dollar fell with European and Asian shares. Futures on the Dow, S&P

21 12, 2018

Special Advisory: Jamaican Teas Limited (JAMT)

2018-12-21T18:53:16-05:00

December 21, 2018 Jamaican Teas Limited (JAMT) has advised that on December 18, 2018, Jamaican Teas Ltd.’s subsidiary company, JRG Shoppers Delite Enterprise Ltd (JRG), signed a sale and purchase agreement with an associated company, Bay City Foods Ltd (BCF) to sell to BCF the assets and undertaking comprising JRG’s Shoppers Delite supermarket business for

21 12, 2018

Board Appointment: Supreme Ventures Limited (SVL)

2018-12-21T18:51:23-05:00

December 21, 2018 Supreme Ventures Limited (SVL) has advised of the following appointments: Xesus Johnston as the Senior Vice President-Gaming Operations, and will be joining the team on January 2, 2019. He will be responsible for the overall management of the Company’s gaming operations, which includes managing, designing and overseeing the strategy, daily operations, growth

21 12, 2018

Overseas Headlines- December 21, 2018

2018-12-21T14:37:12-05:00

Date: December 21, 2018 United States: U.S. Stocks Fall as Shutdown Woes Add to Fed Angst: Markets Wrap Volatility gripped financial markets a day after the Federal Reserve sent shock waves across assets, with the rising threat of a government shutdown adding to a litany of concerns buffeting equities. The dollar sank with crude oil.

20 12, 2018

Bank of Jamaica Lowers Policy Rate

2018-12-21T14:42:21-05:00

December 20, 2018   Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) by 25 basis points to 1.75 per cent. Inflation This decision reflects the Bank’s most recent assessment that inflation could now fall below the lower limit of the 4.0

20 12, 2018

Special Advisory: Supreme Ventures Limited (SVL)

2018-12-20T20:26:05-05:00

December 20, 2018 Supreme Ventures Limited (SVL) has advised that Supreme Ventures Guyana Holdings/Supreme Ventures Enterprise successfully launched its operations with the opening of its Super Store on Croal Street, Georgetown, Guyana. The operations include horse-racing and simulcast promotion, as well as pari-mutuel pool operations. Patrons were able to successfully see the full race at

20 12, 2018

Special Advisory: NCB Financial Group Limited (NCBFG)

2018-12-20T20:24:47-05:00

December 20, 2018 NCB Financial Group Limited (NCBFG) has advised that on December 18, 2018 that the revised offer and take-over bid will in fact be made at an enhanced price of US$2.79 per share and will be made for up to 62% of the outstanding shares in GHL. The announcement indicated an expectation that

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