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...
Brookfield Corporation, a Canadian multinational behemoth, reigns supreme as one of the world's largest alternative asset managers, wielding a staggering $850 billion+ in assets under its watchful eye. Its tentacles reach across the globe, spanning 30+ countries and five...
Charles Thomas "Charlie" Munger (January 1, 1924 – November 28, 2023) was an American businessman, investor, and philanthropist. He was the vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, who described Munger as his closest partner...
Kingston Properties Limited (KPREIT) in a recent disclosure through the Jamaica Stock Exchange on Monday, August 28, 2023, announced the closure of a deal that saw them making a profit on the sale of a portfolio property at 7...
A stock is a security that represents ownership in a company. When you buy a stock, you are essentially buying a small piece of that company. Stocks are traded on stock exchanges, which are marketplaces where buyers and sellers...
Dolla Financial Services Limited (Dolla) has announced that it will be declaring a dividend of J$0.025 per share to all ordinary shareholders on record as of August 18, 2023. The dividend will be paid on September 1, 2023.
This is...
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....
In a bombshell report released on Monday, short-seller Hindenburg Research accused billionaire investor Carl Icahn of running a Ponzi scheme. The report alleges that Icahn Enterprises, Icahn's holding company, has been artificially inflating its stock price by using money...
The Home Depot, the world's largest home improvement retailer, reported its worst revenue in about 20 years on Tuesday. The company's revenue for the first quarter of fiscal 2023 was $37.3 billion, down 4.2% from the same period last...
French video game publisher Ubisoft (UBIP.PA) posted a record operating loss of 500.2 million euros ($550.6 million) in the year to March 31, 2023, the company said on Tuesday.
The loss was due to a number of factors, including the...
