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19 10, 2018

MTL reports 2% decline in first quarter net profit

2018-10-19T16:14:08-05:00

Date: October 19, 2018 Margaritaville (Turks) Limited (MTL), for the three months ended August 31, 2019 reported Revenues which decreased by 2% for the period to US$1.82 million (2017: US$1.86 million). The company commented that “Revenue per passenger will vary marginally from one period to another, even where aggregate passenger numbers are similar, due to variations

19 10, 2018

ECL reports 12% increase in three months net profits

2018-10-19T15:06:12-05:00

Date: October 19, 2018 Express Catering Limited (ECL) for the three months ended August 31, 2018Revenues increased by 7% for the period to US$4.06 million (Q1 2017: US$3.81 million). The company commented that “The spending patterns for the First and Second Quarters have traditionally been lower than the rest of the year. We constantly benchmark

19 10, 2018

Overseas Headlines- October 19, 2018

2018-10-19T13:21:52-05:00

Date: October 19, 2018  United States: U.S. Futures Gain as Europe Struggles; Dollar Dips: Markets Wrap U.S. equity futures rose, pointing to a stronger open in New York as European shares drifted lower and Asian peers were mixed. Treasuries were steady as the dollar edged down. Futures on the Dow Jones, S&P 500 and Nasdaq

18 10, 2018

Daily Market Summary October 18, 2018

2018-10-18T20:19:40-05:00

Daily Market Summary 18.10.18 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 of this information is strictly prohibited and may be unlawful. Mayberry may

18 10, 2018

Gas Price Movement – October 18, 2018

2018-10-18T17:26:22-05:00

Brent Oil Brent oil prices decreased by 3.25% or US$2.65, as prices declined this week. Oil traded on October 18, 2018 at a price of US$78.79 per barrel relative to US$81.44 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.78% (JMD$2.53). Additionally,

18 10, 2018

Monthly inflation rises 1.1% for September

2018-10-18T16:13:35-05:00

Date: October 18, 2018 Consumer Price Index -September 2018 The consumer price index for the month of September 2018 increased 1.1%, following the 0.9% increase in August 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of September advanced to 255.6, relative to the 252.8 reported for August

18 10, 2018

PULS reports $301.83 million in annual net profits

2018-10-18T14:24:42-05:00

Date: October 18, 2018 Pulse Investments Limited (PULS), for the year ended June 30, 2018 reported that Revenue increased 14% year on year, closing the year at $444.04 million, up from $391.00 million in 2017, while for the fourth quarter revenue amounted to $130.81 million up 3% compared to the $127.34 million booked in 2017. Administrative

18 10, 2018

Overseas Headlines- October 18, 2018

2018-10-18T13:31:42-05:00

Date: October 18, 2018 United States: Treasury Yields Seen Capped at 3.5% as Stocks Drop, Newton Says Treasury yields are unlikely to rise much further as higher Federal Reserve interest rates weigh on the U.S. economy and push down stock prices, according to Newton Investment Management. Benchmark 10-year yields may still climb for a while

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