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Friday, May 10, 2024

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Why I like GraceKennedy (GK)

Apart from GraceKennedy (GK) being one of the largest conglomerates in Jamaica and the wider Caribbean, it’s a company I dream of creating if I was supposed to build my own company. I wouldn’t make any changes because it’s...

Amazon: The Retail Giant That Keeps Growing

Amazon is one of the most successful companies in the world, and its growth shows no signs of slowing down. In 2022, the company's revenue was over $470 billion, and it is expected to reach $550 billion in 2023....

FosRich had another great quarter beating analysts estimates

FosRich has broken the J$1 billion revenue mark in the quarter ended March 2023. This is a significant achievement for the company as this is the first time the company has been able to do that. Revenue for the...

China retaliates with sanctions against United States firms as sanction war heats up

China is beginning to focus on the interests of the West in the country after five years of snowballing of the US leading trade and technology under Presidents Donald Trump and Joe Biden. In the past two months, Chinese...

FESCO acquires Wilson Beck LPG Limited

Future Energy Source Company Limited (FESCO) has acquired a liquified petroleum gas business, Wilson Beck LPG Limited. This deal comes against the backdrop of strong numbers posted by the gas station company for the quarter that ended December 2022...

FESCO had another stellar quarter

FESCO has yet again shown that it has solid growth potential as it yet again beats analysts' estimates and had its best quarter ever. For the third quarter that ended December 31, 2022, the company recorded operating profits of J$155.59...

Seprod numbers surge on the backdrop of major acquisition

Seprod Group had a stellar December fourth quarter where they beat analysts' estimates. Net profits for this particular quarter grew by 314%, which is an increase of J$916 million. Revenues for the period grew by 122% to a figure of...

Dolla and Fosrich partner to help bring accessible and affordable solar products to the market

Dolla Financial and Fosrich have signed a strategic partnership that will enable both companies to work together and make an impact in the solar energy industry. They both made their statements on Instagram by captioning the photo by stating, “We...

FosRich ends the year as the most valuable company on the JSE by market cap

FosRich Company Limited (FOSRICH) has achieved quite a feat as it becomes the most valuable company on the JSE by market capitalization. It finished the year 2022 with a market capitalization of $19.64 billion. The company saw its stock...

PanJam sold off its shares in New Castle Company Limited

PanJam has recently sold off all its shares in local spice manufacturer New Castle Company Limited. Analysts are saying that this has been a deal that PanJam has benefited ever since PanJam decided to purchase 25 percent of the...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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