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31 05, 2018

LASF reports 35% uptick in year’s net profit

2018-05-31T14:38:59-05:00

Date: March 31, 2018 Lasco Financial Services (LASF), for the year ended March 31, 2018 recorded a total of $1.55 billion in Trading Income; this represented a growth of 51% relative to the $1.02 billion recorded in 2017. Other Income amounted to $72.02 million, a rise of 53% compared to $46.97 million in 2017, this resulted

31 05, 2018

Overseas Headlines – May 31, 2018

2018-05-31T14:26:27-05:00

May 31, 2018 United States: Treasury Volatility Reawakens With Biggest Jump Since 2016 Italian politics just did what a correction in U.S. equities and a breach of 3 percent on the U.S. 10-year yield could not: knocked the Treasury market out of its slumber. Rates volatility has re-emerged, with Merrill Lynch’s MOVE Index surging by

31 05, 2018

JMMBGL reports 7% increase in year end Net profit attributable to the shareholders

2018-05-31T14:26:10-05:00

May 31, 2018  JMMB Group Limited (JMMBGL) for the year ended March 31, 2018 recorded net interest income of $7.74 billion, a 14% or $972.83 million increase when compared with $6.77 billion recorded for the corresponding period in 2017. Interest income for the year increase 8% to close at $15.88 billion, relative to $14.71 billion

31 05, 2018

Special Advisory: Caribbean Cement Company Limited (CCC)

2018-05-31T00:40:39-05:00

May 30, 2018 Caribbean Cement Company Limited (CCC) has advised that on May 28, 2018, pursuant to the authorization of its Board of Directors, the Company entered into two loan agreements with CEMEX España, S.A., a subsidiary of CEMEX, S.A.B. de C.V.: (i) a term loan agreement for US$50 million bearing an annual interest rate

31 05, 2018

Dividend Declaration: Honey Bun (1982) Limited (HONBUN

2018-05-31T00:36:36-05:00

May 30, 2018 Honey Bun (1982) Limited (HONBUN) has advised that the Board of Directors declared an interim dividend of 20 Jamaican cents per share ($0.20). The dividend is payable on June 25, 2018 to shareholders on record as at June 11, 2018. The ex-dividend date is June 8, 2018.    

30 05, 2018

GK One, the one stop shop for the financial industry

2018-06-05T22:08:19-05:00

May 30, 2018 Grace Kennedy (GK) Annual General Meeting(AGM) was held today May 30, 2018, which coincidentally marks the day Douglas Orane-former Chairman of GK- permanently retired from GK’S board of directors. In the words of current Chairman, The Hon. Gordon Shirley, “he has serve the Company with great distinction  and has made an extra-ordinary

30 05, 2018

CAR reports a 8% decrease in Net Profit attributable to Shareholders

2018-05-30T21:26:12-05:00

Date: May 30, 2018 Carreras Limited (CAR), for the financial year ended March 31, 2018Carreras Limited Operating Revenue of $12.55 billion, a 7% decrease compared to $13.51 billion recognized in 2017. Cost of Operating Revenue also declined year over year by 10%, amounting to $6.25 billion for the period from $6.97 billion in 2017.  Notwithstanding

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