INDIES reports 18% increase in three months net profit
March 17, 2025 Indies Pharma Jamaica Limited (INDIES) Unaudited financials for the first quarter ended January 31, 2025: Indies Pharma Jamaica Limited (INDIES) for the first quarter ended January 31, 2025, reported a 21% increase in revenue totaling $325.45 million compared to $269.38 million in the corresponding three months last year. Year to date, Cost of […]
Overseas Headlines – March 17, 2025
March 17, 2025 United States: US Retail Sales Rise by Less Than Forecast After January Drop US retail sales rose by less than forecast in February and the prior month was revised lower, adding to concerns of a pullback in consumer spending. The value of retail purchases, not adjusted for inflation, increased 0.2%, […]
Trade Sheet: Friday March 14, 2025
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Overseas Headlines – March 14, 2025
March 14, 2025 United States: Fed Expected to Cut Rates Twice This Year, Starting in September The Federal Reserve will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg News. Fed officials have signalled they may be on […]
Trade Sheet: Thursday March 13, 2025
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Overseas Headlines – March 13, 2025
March 13, 2025 United States: US Producer Prices Stall While Details Suggest Firmer Fed Gauge US wholesale inflation stagnated in February thanks to a decline in services costs, but details for the Federal Reserve’s preferred inflation gauge were less favorable. The producer price index was unchanged from a month earlier following a […]
Trade Sheet: Wednesday March 12, 2025
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Overseas Headlines – March 12, 2025
March 12, 2025 United States: US Inflation Eases, Offering Some Relief Ahead of Tariffs US consumer prices rose at the slowest pace in four months in February, offering some reprieve ahead of tariffs that are expected to drive costs higher. The consumer price index increased 0.2% after a sharp 0.5% advance in January, […]
Trade Sheet: Tuesday March 11, 2025
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Overseas Headlines – March 11, 2025
March 11, 2025 United States: US Small-Business Optimism Retreats as More Shift to Price Hikes US small-business optimism fell to a four-month low in February and a gauge of uncertainty neared a record high as business owners grew uneasy about tariffs. The National Federation of Independent Business optimism index declined 2.1 points to […]