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14 05, 2018

tTech reports 50% increase in net profits for the first quarter

2018-05-14T14:10:43-05:00

May 14, 2018  tTech Limited (tTech) for the three months ended March 31, 2018 reported operating revenues  of $69.82 million, a 23% increase when compared to $56.59 million recorded for the corresponding period last year. tTech highlighted, “Our consulting team closed on a major Portfolio and Project Management services contract and closed strategic IT planning

14 05, 2018

Featured Stock: CPJ

2018-05-14T13:42:52-05:00

May 14, 2018 Please click below to view today’s featured stock. Weekly Picks 14.05.18   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

11 05, 2018

Wisynco reports 11.7% decline in nine months net profit.

2018-05-11T17:22:29-05:00

May 11, 2018  Wisynco Group Limited (WISYNCO) for the nine months ended March 31,2018 reported total revenue of $18.06 billion for the nine months ended March 31, 2018, a 14.6% or $2.31 billion increase when compared with the $15.75 billion reported for the same period in 2017. Total revenues for the quarter amounted to $5.82 billion

11 05, 2018

GK reports 18% growth in first quarter profit attributable to shareholders

2018-05-11T17:16:50-05:00

Grace Kennedy Limited (GK), for the three months ended March 31, 2018, recorded revenue of $24.91 billion for year (2017: $23.69 billion), a year over year increase of 5%. The biggest contributor to the group’s overall revenue for the quarter was income from the ‘Food Trading’ segment which contributed a total of $19.98 billion (2017: $18.82

10 05, 2018

CPJ reports 21% increase in nine months Net Profit Attributable to Shareholders

2018-05-10T14:15:11-05:00

May 10,2018 Expressed in United States dollars (except where it is indicated otherwise) Caribbean Producers Jamaica Limited (CPJ) for the nine months ended March 31, 2018 reported Revenues growing 13% from $72.33 million, to close the period at $81.65 million compared to the prior year. For the third quarter, the company posted a 6% growth in revenues

9 05, 2018

U.S.: Job Openings and Labor Turnover

2018-05-09T19:49:12-05:00

May 9, 2018 While the number of job openings increased to 6.6 million for March 2018, hires, separations and quits (which is a portion of separation) all recorded little change. In other words, the change that occurred in these items were statistically insignificant. According to the Bureau of Labor Statistics in a most recent report,

9 05, 2018

BIL reported 15% dipped in six months net profit

2018-05-09T14:31:38-05:00

May 9, 2018 Interest income declined by 5% during the six month period, amounting to $511.74 million relative to $540.44 million for the comparable period in 2017. Interest expense also declined to close at $322.43 million compared to $394.49 million in 2017. As a result, net interest income increased by 30% to $189.31 million relative

7 05, 2018

C2W Music Awaits a Rescue Plan

2018-05-07T15:46:04-05:00

C2W Music Limited’s (MUSIC) Annual General Meeting was held on Saturday, May 5, 2018, at the Knutsford Court Hotel.  The meeting began with the reading of the Audit Statement by Emile Lafayette, Partner at Baker Tilly Strachan and Lafayette, external auditors of the company. Audit statement followed initial opening remarks by Chairman Derek Wilkie. The

7 05, 2018

Featured Stock: SALF

2018-05-07T14:19:45-05:00

May 7, 2018 Please click below to view today’s featured stock. Weekly Picks 7.05.18 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

4 05, 2018

U.S.: Payroll employment increases by 164,000 in April; unemployment rate edges down to 3.9%

2018-05-04T14:42:25-05:00

May 4, 2018 Job gains in professional and business services, manufacturing, health care, and mining was sufficient to force the unemployment rate down to 3.9 percent in April 2018, following 6 months at 4.1 percent. For the month total nonfarm payroll employment increased by 164,000. Among the major worker groups, the unemployment rate for adult

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