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16 05, 2022

Overseas Headlines – May 16, 2022

2022-05-16T09:17:03-05:00

United States: Goldman’s Blankfein Says US at 'Very, Very High Risk' of Recession “Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.”  “If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face

Overseas Headlines – May 16, 20222022-05-16T09:17:03-05:00
13 05, 2022

SIL reports 35% decrease in first quarter net profit

2022-05-13T21:06:55-05:00

Sterling Investments Limited (SIL) for the three months ended March 31, 2022, reported a 55% decrease in total revenue to $36.59 million compared to $80.43 million recorded for the corresponding period in 2021. Interest income closed the period at $39.64 million, up 13% from the $35.13 million for the comparable period in 2021. Management noted, “The company is

SIL reports 35% decrease in first quarter net profit2022-05-13T21:06:55-05:00
13 05, 2022

Daily Market Summary – May 13, 2022

2022-05-13T15:50:12-05:00

Mayberry Market Summary - 13.5.2022   DISCLAIMER Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed

Daily Market Summary – May 13, 20222022-05-13T15:50:12-05:00
13 05, 2022

Gas Price Movement – May 12, 2022

2022-05-13T15:19:28-05:00

Gas Price Movement - May 12 2022 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 part of their compensation was, is, or

Gas Price Movement – May 12, 20222022-05-13T15:19:28-05:00
13 05, 2022

JSE reports 83% increase in first quarter net profit

2022-05-13T11:37:28-05:00

May 13, 2022 Jamaica Stock Exchange Group (JSE) for the first three months ended March 31, 2022 recorded total revenue of $561.71 million, a 37% increase when compared to the $410.44 million booked the prior comparable quarter. Of this: Cess income increase by 158% from $50.27 million booked for the period ended March 2021 to

JSE reports 83% increase in first quarter net profit2022-05-13T11:37:28-05:00
13 05, 2022

PJAM reports 5% increase in three months net profit attributable to shareholders

2022-05-13T11:01:24-05:00

May 13, 2022 PanJam Investments Limited (PJAM) for the three months ended March 31, 2022, reported a total income of $774.98 million, 1% down from $784.85 million booked for the prior year’s corresponding period. Of total income: Other income increased slightly to $34.77 million relative to $34.72 million in 2021. Gain on investments amounted to

PJAM reports 5% increase in three months net profit attributable to shareholders2022-05-13T11:01:24-05:00
13 05, 2022

Overseas Headlines – May 13, 2022

2022-05-13T08:58:59-05:00

United States: US Recession Odds Within the Next Year Now 30%, Survey Shows The odds of a US recession within the next year are steadily rising. The probability of a recession over the next 12 months is now 30%, the highest since 2020, according to the latest Bloomberg monthly survey of economists. That’s up slightly

Overseas Headlines – May 13, 20222022-05-13T08:58:59-05:00
12 05, 2022

GK reports 5% increase in three months net profits attributable to shareholders

2022-05-12T19:49:56-05:00

May 12, 2022 GraceKennedy Limited (GK) recorded revenues of $36.26 billion for the period under review (2021: $31.39 billion), a year over year increase of 15%. Of this, revenue from products and services amounted to $35.06 billion (2021: $30.28 billion), while interest revenue totalled $1.19 billion (2021: $1.11 billion). Segment report is as follows: The Food

GK reports 5% increase in three months net profits attributable to shareholders2022-05-12T19:49:56-05:00
12 05, 2022

TJH reported 17% increase in first quarter net profit

2022-05-12T17:12:16-05:00

May 12, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the three months ended March 31, 2022, reported a 21% increase in revenue which totalled US$14.88 million, relative to US$12.28 million in the corresponding quarter last year. TJH noted that the increase was “attributable

TJH reported 17% increase in first quarter net profit2022-05-12T17:12:16-05:00
12 05, 2022

U.S Producer Price Index increased by 0.5% in April 2022

2022-05-12T17:05:50-05:00

May 12, 2022 The seasonally adjusted Producer Price Index for final demand gained 0.5% in April 2022, according to the US Bureau of Labor Statistics. Following gains of 1.6% in March and 1.1% in February 2022. Final demand prices increased 11.0% for the 12 months ended April 2022 on an unadjusted basis. The increase in the

U.S Producer Price Index increased by 0.5% in April 20222022-05-12T17:05:50-05:00