December 4, 2019 United States: U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric “The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. The people, who
December 03, 2019 Blue Power Group Limited (BPOW), for the six months ended October 31, 2019 booked a 14% decrease in revenue to total $231.43 million compared to $270.40 million for the corresponding period in 2018. Revenue for the quarter totalled $112.75 million, 15% below last year’s corresponding quarter of $132.59 million. BPOW highlighted, “With effect
December 03, 2019 Salada Foods Jamaica Limited (SALF), for the year ended September 30, 2019 recorded a 7% increase in turnover to close at $1.11 billion (2018: $1.04 billion). The movement occurred, “despite a challenging first quarter as operations were impacted due to a boiler accident,” as noted by the SALF. For the fourth quarter, revenue
December 3, 2019 United States: Trump Sees No Deadline for China Deal, Prefers to Wait For 2020 Election “President Donald Trump signaled he would be willing to wait for another year before striking a trade agreement with China, casting doubt on the likelihood of a phase-one accord within weeks between Washington and Beijing. “I have
Date: December 03, 2019 Caribbean Producers Jamaica Limited (CPJ) has advised that the Company’s Chief Executive Officer, Dr. David Lowe, has submitted his resignation with notice to demit office effective January 31, 2020. CPJ has also advised that Mr. Mark Hart, Executive Chairman, will act as interim CEO as approved by the Board of Directors
Date: December 03, 2019 NCB Financial Group Limited (NCBFG) has advised that effective November 30, 2019, the following changes have been made to the Board of the National Commercial Bank Jamaica Limited (NCBJ): Hon. Michael Lee-Chin O.J. ceased to be Chairman of NCBJ’s Board but remains a Director and continues to be Chairman of the
Date: December 03, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that two connected parties purchased a total of 447,016 MJE shares and that a Director sold 170,000 MJE shares. These transactions were conducted during the period November 28, 2019 to December 2, 2019. Disclaimer: Analyst Certification -The views expressed in this research report
Date: December 03, 2019 Productive Business Solutions Limited (PBS) has advised that the Board of Directors of the Company will convene on December 9, 2019 to consider a dividend payment to the common and preference shareholders of the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views
Date: December 03, 2019 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that the Board of Directors of the Company will meet on Thursday, December 12, 2019 to consider the payment of a final dividend to shareholders Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of
Date: December 02, 2019 For the period of April to October 2019, the GOJ reported Total Revenues & Grants of $358.76 billion, $4.39 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 6.1% relative to the $338.28 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax