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14 08, 2017

NEW DEAL: Jamaica $Bmark Tap 6.75% 2028, Tap 7.875% 2045

2017-08-14T17:06:36-05:00

Based on preliminary information received, the Government of Jamaica will be raising funds by issuing additional amounts of the 2028 and 2045 bonds currently outstanding. The funds raised will be used to purchase outstanding notes of Jamaica, which Jamaica may purchase pursuant to a tender offer, and general purposes of the government, including refinancing, repurchase

14 08, 2017

LASM records first quarter revenue of $1.51 billion

2017-08-15T17:20:57-05:00

Lasco Manufacturing Limited (LASM) for the three month ended June 30, 2017 recorded a decrease of $379.89 million or 13% in total revenue to total $1.51billion, relative to the $1.73 billion recorded for the comparable period in 2016.according to LASM, “revenue was impacted by the phasing down of production during periods of the first two

14 08, 2017

Overseas Headlines – August 14, 2017

2017-08-14T14:19:35-05:00

Europe: Signs of Wage Growth Start to Appear in Euro Zone’s North If Mario Draghi, the president of the European Central Bank, is looking for signs of wage growth, he might find comfort in Finland. After delivering the euro zone’s fastest pace of economic growth in the first quarter, Finnish workers have had enough belt-tightening

11 08, 2017

ROC reports 93% increase in net loss

2017-08-15T17:21:18-05:00

For the six months, IronRock posted gross premium of $173.35 million relative $38.48 million; this represents a 350% increase. While for the second quarter gross premium was $111.41 million relative to $31.46 million for 2016. Change in gross provision for unearned premiums amounted to $132.07 million compared to $30.42 million in 2016. Excess of loss

11 08, 2017

Carreras reports 12% decline in Net Profit Attributable to Shareholders for 2018 first quarter.

2017-08-15T17:21:34-05:00

Carreras Limited For the quarter ended June 30, 2017:- Carreras Limited reported Operating Revenue of $2.82 billion, 16% lower than the $2.62 billion booked in 2016. Cost of Operating Revenue also decline year over year by 19%, amounting to $1.39 billion from $1.71 billion.  As such, Gross Operating Profit declined by 13% to total $1.42

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