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29 08, 2017

Overseas Headlines – August 29, 2017

2017-08-29T14:00:35-05:00

Asia:  China's home prices to rise 6.8 percent this year as small city sales boom China’s home prices in 2017 are likely to rise more than previously estimated despite a flurry of government curbs to crack down on speculation, a Reuters poll showed on Tuesday, soothing fears the economy would slow sharply. Property prices will

28 08, 2017

CFF reports 12% increase in 2017 Year End Net Profits.

2017-08-28T21:57:54-05:00

Caribbean Flavours & Fragrances Limited (CFF) For the financial year ended June 30, 2016  Revenue for the 2017 financial year increased by 13% to $410.64 million relative to the 2016 figure of $362.50 million in 2016. For the quarter the company saw a 14% increase totaling $109.96 million (2016: $96.39 million). Cost of sales also

28 08, 2017

Crude Oil WTI futures fall despite Harvey

2017-08-28T17:34:09-05:00

Today Crude Oil WTI futures fell from an opening price of US$47.72 per barrel to US$46.30 per barrel, a decline of 2.98%. The price of the commodity did not experience a rapid rise in price subsequent to Hurricane Harvey making its land fall in Texas Late Friday, August 25, 2017. The category 4 hurricane barrelled

28 08, 2017

Featured Stock: SVL

2017-08-28T14:34:08-05:00

lease click below to view today’s Featured Stock. Weekly Picks 28.08.17 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

25 08, 2017

BPOW reported a 3% increase in net profit for first quarter of 2017

2017-08-25T21:42:11-05:00

Revenue increased by 12% to total $380.54 million compared to $338.7 million for the same period in 2016. Sales from the Lumber division climbed to $271.69 million, 13% higher than $240.64 million, while sale in the Soap division increased by 11% to close the period at $108.85 million relative to $98.06 million in 2016. The

25 08, 2017

1834 reports 16% increase in THREE months Net Profit

2017-08-28T15:48:46-05:00

1834 Investments Limited (1834) For the three months ended June 30, 2017 Revenue for the first quarter of the 2017 financial year declined by 31% to $11.15 million (2016: $16.22 million). Other operating income increased significantly in the first quarter of 2017 to $74.54 million. This compares to the prior year’s period figure of $16.94

25 08, 2017

BOJ reduces policy interest rate

2017-08-25T17:40:19-05:00

Effective today, August 25, 2017, The Bank of Jamaica (BOJ) has advised the public of a reduction in its policy interest rate by 25 basis point from 3.75% to 3.50%. The rate is offered on overnight placements with the Bank. This amendment according to the BOJ, “reflects the Bank’s assessment that inflation will be within

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