Thursday, August 17, 2017

Business

NFM: No flour rise despite 22% profit fall

Aug. 14, 2017, 8:33 PM AST Comments

The chief executive of National Flour Mills said yesterday the company does not intend to increase the price of flour anytime soon, despite its 22 per cent decline in profits, due in part to the increased cost of input.


Massy profits show 18 per cent decline *

Aug. 14, 2017, 8:33 PM AST Comments

Massy Holdings Ltd yesterday declared after-tax profit of $318 million for the nine months ending June 30, 2017—an 18 per cent decline compared with the same period in 2016.


GHL spurs NCBFG growth

Aug. 13, 2017, 10:35 PM AST Comments

This week, we at Bourse examine the six-month performance of Guardian Holdings Ltd (GHL) and the nine-month results of NCB Financial Group Ltd (NCBFG). We look at factors contributing to the strong performance of both entities and provide a recommendation.

Stop layoffs or face boycott

Aug. 11, 2017, 8:49 PM AST Comments

The Banking, Insurance and General Workers Union (BIGWU) has issued a warning to companies to cease retrenching workers or face a boycott.



Angostura profits slump by 19% *

Aug. 11, 2017, 8:48 PM AST Comments

RUM and bitters producers, Angostura Holdings Ltd, yesterday reported a 19.4 per cent decline in its after-tax profits for the first six month of its financial year.



Andrew Sabga new ANSA McAL CEO *

Aug. 10, 2017, 8:12 PM AST Comments

Aleem Khan—Andrew Sabga named as new group chief executive officer (CEO) of the ANSA McAL group by his brother and group chairman, Norman Sabga.


Gov't failing us, says shrimpers

Aug. 10, 2017, 8:32 AM AST Comments

By Carolyn Kissoon - Foreign competition, the roller-coaster global economy and Government's lack of interest have contributed to the failing shrimping industry in Trinidad and Tobago, say local fishermen.


Bhoe: Time to share the wealth

Aug. 10, 2017, 12:2 AM AST Comments

OPPOSITION MP for Caroni Central Dr Bhoe Tewarie yesterday called for the distribution of land, homes and shares in public and private sector companies as he spoke before a packed Yara auditorium at The University of the West Indies (UWI) Mt Hope campus of the Arthur Lok Jack Graduate School of Busi


ANSA McAL lines up Berger takeover bid

Aug. 9, 2017, 2:32 AM AST Comments

ANSA McAL on Monday announced its intention to make a takeover bid to acquire the 19.13 per cent stake in Berger Paints Trinidad Ltd that the conglomerate does not already own. The offer will be made by August 23 and is as a result of the conglomerate acquiring more than 80 per cent of the sharehold