February 21,2018. United States: U.S. Stocks Fall With Treasuries, Dollar Climbs: Markets Wrap U.S. stocks halted a six-day rally as disappointing results from Walmart Inc. weighed on major indexes as the dollar pushed higher. Treasuries fell amid a heavy slate of U.S. debt issuance, with short-end auctions drawing some of the highest yields in almost
February 21, 2018 Salada Foods Limited (SALF) Annual General Meeting (AGM), was held today February 21, 2018 at the company’s premises, with a tour of its plant. Chairman, Patrick Williams, reiterated salada’s strategy of becoming more efficient by fully utilizing the excess capacity of it plant which he said is over sixty years. However, the
February 20, 2018 GraceKennedy Limited (GK) has advised that at a Board of Directors’ meeting scheduled for Thursday, March 1, 2018 an interim dividend payment will be considered.
February 20, 2018 Pulse Investments Ltd Annual General Meet (AGM) was held today, February 20, 2018, at the company’s head office at 38a Trafalgar Rd. After the usual salutations, Kingsley Cooper, Chairman, went straight ahead into the financial highlights of the recent year ended June 30, 2017. According to Chairman Cooper: ‘Pulse Investments Ltd continued
February 20, 2018 Seprod Limited (SEP), for the year ending December 31, 2017, reported Revenue of $16.21 billion compared to the $15.78 billion recorded for the prior financial year; this represents a 2.7% increase year over year. SEP noted, “the export segment delivered a 46% growth over prior year, despite some key markets being
February 20,2018 United States: Dollar Rises With Treasury Yields; Stocks Struggle: Markets Wrap Treasuries fell, with investors driving the benchmark yield up to the highest level in four years, as the dollar advanced with oil futures in New York. European shares erased earlier gains and U.S. futures slipped. Debt investors appeared to be trading with
February 19,2018 United States: U.S. Treasury Official Says Economists Lowballing Tax-Cut Impact Economists are underestimating how rapidly the U.S. economy will grow from tax cuts that are encouraging companies to invest and create jobs, a senior Treasury official said. “Despite the stock-market volatility, the economy is enjoying a period of relative strength and prosperity in
February 16, 2018 Productive Business Solutions Limited (PBS) for the year ended December 31, 2017, reported a 1% increase in revenues from US$171.13 million for the 2016 period to US$171.99 million in 2017. Direct expenses recorded a decline to close the period at US$98.09 million when compared to US$100.36 million for the same period of 2016.
February 16, 2018 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2017, recorded a 7% decline in revenue to $239.43 million relative to $257.10 million in the same period in 2016. Revenue for the quarter declined 6% to close at $73.98 million relative to $78.87 million. Cost of
February 16, 2018 Interest income declined marginally by 6% during the three month period, amounting to $254.95 million relative to $270.27 million for the comparable period in 2016. Interest expense also declined to close at $174.17 million compared to $193.12 million in 2016. As a result, net interest income increased by 5% to $80.78 million
