May 30, 2023 Medical Disposables & Supplies Limited (MDS) for the year ended March 31, 2023: Revenue increased 10% to $3.77 billion (2022: $3.42 billion). For the quarter, revenue increased 9% to $1.01 billion (2022: $922.61 million). Cost of sales increased 11% to $2.76 billion (2022: $2.48 billion). Consequently, gross profit increased 8% to
May 30, 2023 United States: US Home Prices Climb as Tight Market Collides With Demand Uptick Home prices rose for a second straight month as buyers returning to the market competed over few homes for sale. A measure of prices nationally increased 0.4% in March from a month earlier, according to seasonally adjusted data
May 29, 2023 United States: Debt Deal Adds Brake on US Economy Already at Risk of Recession The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit. The
May 26, 2023 Barita Investments Limited (BIL) has advised that a Senior Manager sold 35,000 BIL shares during the period May 18 to 22, 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
May 26, 2023 Paramount Trading (Jamaica) Limited (PTL) has advised that a connected party purchased 27,820,000 PTL shares on May 22, 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
May 26, 2023 Supreme Ventures Limited (SVL) has advised that on May 22, 2023, a connected party sold 46,473 SVL shares. 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
May 26, 2023 United States: US Inflation Picks Up, Keeping Fed Tilted Toward Another Hike US inflation and consumer spending accelerated last month, highlighting steady price pressures and demand that will keep Federal Reserve policy makers tilted toward raising interest rates further. The personal consumption expenditures price index, one of the Fed’s preferred inflation
May 25, 2023 United States: Fed Traders Are Fully Pricing In Another Rate Hike Once Again Traders are now fully pricing in another quarter-point interest rate increase by the Federal Reserve within the next two policy meetings and a more than one-in-two chance that it could be as soon as next month. The shift
May 22, 2023 The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) unanimously decided to keep the policy interest rate at 7% despite the continued downturn of headline inflation, which was 5.8% at April 2023. This should maintain tight Jamaican dollar liquidity and preserve relative stability in the foreign exchange market. The
May 22, 2023 United States: Fed’s Bullard Sees Two More Interest-Rate Hikes Needed in 2023 to Cool Prices Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise interest rates twice more this year to quell inflation. “I think we’re going to have to grind higher
