April 9, 2024 United States: State Street Sees Half-Point Fed Rate Cut as Soon as June State Street Global Advisors is bucking the recent hawkish shift in market consensus to bet that the Federal Reserve will cut interest rates by 50 basis points as soon as June. The $3.6 trillion asset manager thinks the
April 8, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 28, 2024, was J$13.70. MJE’s closing price on March 28, 2024 was $10.02. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
April 8, 2024 Eppley Limited (EPLY) has advised that Raymond Donaldson will serve as the Chief Executive Officer of the Company effective May 3, 2024. EPLY has further advised that Jeffrey Brown will join the Company on May 3, 2024, as Chief Investment Officer and will work closely with Denise Gallimore, VP of
April 8, 2024 TransJamaican Highway Limited (TJH) has advised that a senior manager sold 823,029 TJH shares during the period March 26 to 27, 2024. 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
April 8, 2024 Sygnus Credit Investments Limited (SCI) has advised that a director purchased 25,024 shares on April 4, 2024. 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.
April 8, 2024 Weekly Picks 08.04.2024 ECL 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
April 8, 2024 United States: Traders Favor Two Fed Cuts in 2024 With US Rates at Year’s Highs Traders’ conviction on three quarter-point interest-rate cuts from the Federal Reserve this year is quickly dissipating, with markets now favoring just two reductions. Interest-rate swaps imply around 60 basis points of US monetary easing this year,
April 5, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment experienced an increase of 303,000 in March, while the unemployment rate remained relatively stable at 3.8 percent. Noteworthy job gains were observed particularly in sectors such as health care, government, and construction. The U.S. Bureau of Labor Statistics reported these
April 5, 2024 United States: US Jobs Roar Again as Payrolls Jump 303,000, Unemployment Drops US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. Nonfarm payrolls advanced 303,000 last month following a combined 22,000 upward revision
April 4, 2024 The Consolidated Bakeries (Jamaica) Limited (PURITY) for the twelve months ended December 31, 2023, reported a 11% increase in Revenue totaling $1.52 billion compared to $1.37 billion in the corresponding period last year. Revenue for the fourth quarter had a 6% increase to close at $344.49 million compared to $324.10 million for
