Overseas Headlines – February 20, 2025
February 20, 2025 United States: US Jobless Claims Tick Up Slightly, in Line With Pre-Covid Level Applications for US unemployment benefits were little changed last week, hovering around pre-Covid levels that indicate solid demand for workers. Initial claims increased by 5,000 to 219,000 in the week ended Feb. 15, according to Labor Department data […]
Trade Sheet: Wednesday February 19, 2025
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Overseas Headlines – February 19, 2025
February 19, 2025 United States: US Housing Starts Fall in Broad Pullback After December Surge US housing starts slowed in January as builders pulled back on single- and multifamily home construction amid growing worries over mortgage rates and unsold homes. New residential construction decreased 9.8% to an annualized pace of 1.37 million last […]
Trade Sheet: Tuesday February 18, 2025
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GENAC reports year end net profit of $312.05 million
February 18, 2025 General Accident Insurance Co. Ja. Ltd.(GENAC) Unaudited financials for the twelve months ended December 31, 2024: General Accident Insurance Co. Ja. Ltd. (GENAC) for the twelve months ended December 31, 2024 reported a 38% increase in insurance revenue totaling $11.84 billion compared to $8.58 billion in the corresponding period last year. Insurance […]
ASBH reports 38% decline in year end net profit attr. to shareholders
February 18, 2025 A.S. BRYDEN & SONS HOLDINGS LIMITED (ASBH) Unaudited financials for the year ended December 31, 2024: Expressed in Trinidad and Tobago dollars unless otherwise indicated A.S. BRYDEN & SONS HOLDINGS LIMITED (ASBH) for the year ended December 31, 2024 reported a 32% increase in Revenue totaling $3.39 billion compared to $2.56 billion […]
Overseas Headlines – February 18, 2025
February 18, 2025 United States: Fed’s Waller Favors Pausing Rate Cuts Until Inflation Bump Fades Federal Reserve Governor Christopher Waller said recent economic data support keeping interest rates on hold, but if inflation behaves as it did in 2024, policymakers can get back to cutting “at some point this year.” “If this wintertime lull in […]
Trade Sheet: Monday February 17, 2025
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VMIL reports 168% increase in year end net profit
February 17, 2025 VM Investments Limited(VMIL) Unaudited financials for the twelve months ended December 31, 2024: VM Investments Limited (VMIL) for the twelve months ended December 31, 2024, reported a 1% increase in interest income totaling $1.72 billion compared to $1.69 billion in the corresponding period last year. Interest income for the fourth quarter experienced […]
JFP reports year end net loss of $106.86 million
February 17, 2025 JFP Limited (JFP) Unaudited financials for the year ended December 31, 2024: JFP Limited (JFP) for the year ended December 31, 2024 reported a 1% decrease in Revenue totaling $407.49 million compared to $411.15 million in the corresponding period last year. Revenue for the fourth quarter had a 50% decrease to close […]