November 21, 2023 United States: US Futures Fall as Stocks Rally Seen Stretched: Markets Wrap US equity futures slipped on Tuesday as some investors questioned the sustainability of a powerful rally fueled by expectations of a Federal Reserve pivot to rate cuts. Goldman Sachs Group Inc. strategists said there is a risk of “disappointment
November 17, 2023 United States: Powell’s Fed Sticks Together in Fight Against Inflation Despite Differences For all the tough decisions Federal Reserve officials have made during their 20-month inflation battle, you wouldn’t know it from looking at the policy votes. Over the past 11 meetings of the Federal Open Market Committee, not a single
November 16, 2023 The Statistical Institute of Jamaica (STATIN) reported that for October 2023, the point-to-point inflation rate was 5.1%; 0.8 percentage points lower than the prior point-to-point inflation rate. However, for the month of October 2023, the inflation rate was +0.8%. The main driver of the monthly increase (0.8%) was a 1.7% rise
November 16, 2023 Gas Price Movement - November 16, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
November 16, 2023 Medical Disposables and Supplies Limited (MDS) for the six months ended September 30, 2023, reported a 2% decrease in revenue totalling $1.79 billion compared to $1.82 billion in the corresponding period last year. Revenue for the second quarter experienced a 7% decline to close at $866.95 million compared to $930.24 million
November 16, 2023 United States: US Continuing Jobless Claims Rise to Highest in Almost Two Years Continuing applications for US unemployment benefits rose to the highest level in almost two years, underscoring the increasing challenges unemployed workers are facing in finding new jobs. Recurring jobless claims, a proxy for the number of people continuously
November 15, 2023 Dolphin Cove Limited (DCOVE) for the nine months ended September 30, 2023, reported an 18% increase in revenue totalling US$13.21 million compared to US$11.20 million in the corresponding period last year. Of this, revenue from dolphin attraction advanced 19% to US$6.85 million (2022: US$5.74 million), while ancillary services revenue amounted to
December 28, 2023 Cargo Handlers Limited (CHL) for the year ended September 30, 2023, reported a 9% increase in revenue totalling $514.78 million compared to $472.34 million in the corresponding period last year. Revenue for the fourth quarter had a 1% increase to close at $120.18 million compared to $118.67 million for the comparable
November 15, 2023 Kingston Wharves Limited (KW) for the nine months ended September 30, 2023, reported a 1% increase in revenue totalling $7.05 billion compared to $7.01 billion in the corresponding period last year. Revenue for the third quarter had a 7% increase to close at $2.62 billion compared to $2.45 billion for the
November 15, 2023 United States: US Producer Prices Decline by Most Since April 2020 on Gasoline Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence of abating inflationary pressures across the economy. The producer price index for final demand decreased 0.5% from a month earlier,
