United States: The Hot Housing Market Makes the Fed’s Inflation-Fighting Job Even Tougher “Federal Reserve officials are counting on higher mortgage rates to throw cold water on the frenzied housing market as they work to tame the highest inflation in decades. But the market may not cool fast enough. While rising rates and higher home
Mayberry Market Summary - 2.5.2022 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 will
May 2, 2022 Caribbean Assurance Brokers (CABROKERS), for the three months ended March 31, 2022, reported revenue of $90.60 million compared to the $75.08 million booked for the corresponding period in the prior year, reflecting a 21% increase. According to CAB increase in revenue is due to, “the International Insurance Division which saw increased new
May 2, 2022 K.L.E Group Limited (KLE), for the year ended December 31, 2021, recorded no revenue versus $151.38 million booked in twelve months earlier. Followed by no cost of sales for the year under review compared to the $44.37 million reported in 2020; as a result, there was no gross profit relative to $107.01
May 2, 2022 Productive Business Solutions Limited (PBS) for the year ended December 31, 2021, reported a 38% increase in revenues from US$161.86 million in 2020 to US$224 million in 2021. For the quarter, revenues increased 60% to total US$78.54 million relative to US$49.16 million the prior corresponding quarter. PBS noted, “This year PBS solidified its position as the
United States: Filling Up With Diesel in U.S. Has Never Been More Expensive “Diesel prices are surging to the highest level on record as the global fuel-supply shortage hits American truckers, farmers and users in just about every sector of the U.S. economy. Retail diesel averaged $5.18 a gallon on Thursday, the highest in records
Mayberry Market Summary - 26.4.2022 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 will
United States: Four in Ten U.S. Small Businesses Plan to Raise Prices by at Least 10% “About 40% of U.S. small businesses intend to raise selling prices by 10% or more amid decades-high inflation, according to a survey from the National Federation of Independent Business.” https://www.bloomberg.com/news/articles/2022-04-25/four-in-ten-u-s-businesses-plan-to-raise-prices-by-10-or-more?srnd=economics-vp Europe: U.K. Budget Deficit Halves Despite Rising Debt Costs
Mayberry Market Summary - 25.4.2022 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 will
United States: Biden’s Solar Plans Run Into a Chinese Wall “A new and unexpected obstacle to President Joe Biden’s green ambitions has emerged: a tiny solar-power company based in San Jose. Auxin Solar Inc., which accounts for all of 2% of U.S. solar-module manufacturing, recently persuaded the Commerce Department to open a potentially devastating trade
