March 9, 2018 United States: Strong U.S. job growth forecast; unemployment rate seen at 4 percent U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months
March 08,2018 Scotia Group Jamaica Limited (SGJ) 11th Annual General Meeting was held today, at the Pegasus Hotel. Opening remarks were made by Mr. Jeffrey Hall, SGJ’s Chairman where he officially welcomed Mr. David Noel as Scotia’s newly appointed President and CEO and emphasized how the general improvement of the Jamaican economy has led to
March 8,2018 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2018 reported total revenues of $35.68 billion, an 11% increase relative to $32.12 billion reported in for the comparable period in 2017. Revenue for the third quarter amounted to $12.66 billion, an 8% increase compared to $11.69 billion booked for the corresponding
March 8, 2018 Supreme Ventures Limited (SVL) has advised that it has signed an agreement with the Guyana Gaming Authority (GGA), which opens up the potential for operations in Guyana. SVL further advised that the agreement is subject to a confidentiality clause, and in this regard as soon as SVL is able to and is
March 8, 2018 Lasco Financial Services Limited (LASF) has advised that a Senior Manager sold a total of 492,500 LASF shares on February 28, 2018.
Daily Market Summary 8.03.18 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
March 8,2018 For the three months ended January 31, 2018, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income marginally increased by 0.16% to $6.64 billion, moving from $6.62 billion for the corresponding period in 2017, while Interest Expenses declined by 25.80% to total $850.34 million (2017:$1.15 billion). Interest Income for the period decreased from $7.77 billion
March 8, 2018 Total Revenue for the year ended December 31, 2018 grew 29% to $13.11 billion (2016: $10.25 billion). For the fourth quarter ended December 31, 2017, the company’s total revenue however increased 56% to close at 3.04 billion (2016: $1.95 billion) Hotel revenue for the 2017 year end increased to $10.27 billion relative
March 8, 2018 Jamaica’s Net International Reserves (NIR) totaled US$3,179.50 million as at February 2018, reflecting a decrease of US$23.86 million relative to the US$3,203.36 million reported as at the end of January 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$28.38 million to total US$3,761.14 million compared
March 8,2018 United States: U.S. Stocks End Mixed as Trade War Concerns Ease: Markets Wrap U.S. stocks erased deep losses to end the day mixed as White House officials left open the possibility that President Donald Trump’s tariff proposals will spare neighbors from the most severe penalties. The dollar and Treasuries erased gains. The S&P
