U.S.: U.S. Congress negotiators set spending plan to avert shutdown, bolster defense Negotiators in the U.S. Congress reached a deal late on Sunday on around $1 trillion in federal funding that would avert a government shutdown later this week, while handing President Donald Trump a down payment on his promised military build-up. The full House
Caribbean Cream Ltd. (KREMI) For year ended February 28, 2017:- KREMI reported a 4% increase during the quarter totalling $327.92 million compared to $316.55 million in the corresponding period last year. Revenue increased 7% for the financial year, totalling $1.21billion, up $78.6 million from the $1.13 billion recorded in FY2015. Costs of Sales amounted to
As at February 28, 2017, the Company reported total assets of $23.83 million, a 72% increase when compared to $13.82 million in the prior year. Shareholders’ Equity as at February 28, 2017 was $23.77 million (2016: $13.78 million) and resulted in a book value per share of $0.07667 (J$ 9.77) compared to $0.04445 (J$ 5.42)
The National Commercial Bank Financial Group (NCBFG) held an investor briefing to discuss results with shareholders. The Group Finance and Deputy Managing Director, Dennis Cohen, reviewed the first quarterly report. It was highlighted that the quarter on quarter growth is the highest the Group has ever seen, with net profits increasing by 63.03% to $5.87
Jamaica Public Service Company Limited (JPS) has advised that its Annual General Meeting has been scheduled for 10:00 a.m. on Friday, July 28, 2017 at the registered offices of the Company, 6 Knutsford Boulevard, Kingston 5. Kingston Wharves Limited (KW) has advised that its Annual General Meeting has been scheduled for 10:00 a.m. on Thursday,
Eppley Limited (EPLY) EPLY has advised that at a Board of Directors’ meeting scheduled for May 11, 2017 an interim dividend payment will be considered.
Sagicor Group Jamaica Limited (SJ) has advised that a related party sold 30,000 SJ shares on March 24, 2017.
Financial Year Ended February 28, 2017: (All figures in US Dollars unless otherwise stated.) There was a net loss on financial assets classified as at fair value through profit or loss for the 2016/2017 financial year end of $437,923. For the quarter, the net loss amounted to $1,183,870. Distributions of partnership interest income amounted to
U.S.: U.S. first-quarter growth weakest in three years as consumer spending falters The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses invested less on inventories, in a potential setback to President Donald Trump's promise to boost growth. Gross domestic product increased at