April 27, 2023 United States: US Economic Growth Slows to 1.1% While Inflation Accelerates US economic growth slowed in the first quarter by more than expected as tepid business investment and a pullback in inventories tempered a pickup in consumer spending. Gross domestic product rose at a 1.1% annualized rate on the back of
April 26, 2023 iCreate Limited (ICREATE) has advised of the appointment of Mrs. Toni Cooke to the posts of Deputy Chief Executive Officer and Chief Operating Officer effective February 9, 2023. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
April 26, 2023 Kingston Properties Limited (KPREIT) has advised that its Board of Directors on April 24, 2023, approved a dividend in the amount of US$0.00075 per share payable on May 30, 2023 to shareholders on record as at May 11, 2023. The ex-dividend date is May 10, 2023. Disclaimer: Analyst Certification -The views
April 26, 2023 Carreras Limited (CAR) has advised of the appointment of Mr. Andres Lorenzo as a Director of the Board, with effect from April 24, 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
April 26, 2023 According to Tourism Minister Hon. Edmund Bartlett, Jamaica’s cruise sector is recovering strongly with continued increases in cruise passenger arrivals. In 2022, Jamaica witnessed cruise passenger arrivals of about 855,000 and the Minister expects 1.4 million cruise passengers to arrive during the current fiscal year. Jamaica remains a first-call destination among
April 26, 2023 United States: Orders for US Business Equipment Decline by More Than Forecast Orders placed with US factories for business equipment fell in March by more than expected, suggesting higher borrowing costs and a cloudy economic outlook are restraining capital investment. The value of core capital goods orders, a proxy for investment
April 25, 2023 Eppley Limited (EPLY) has advised that its wholly owned subsidiary, Eppley Consumer Finance Limited (ECF), has been granted approval by the Bank of Jamaica (BOJ) to operate as a Microcredit Institution pursuant to the Microcredit (License, Form of Application) Rules, 2021. Therefore, ECF is approved to provide microcredit services such as
April 25, 2023 United States: US Stocks Fall After Mixed Earnings; Bonds Rise: Markets Wrap US equities declined along with European stocks as investors scrutinized a flood of earnings reports for clues on the outlook for corporate profits amid high interest rates and slowing economic growth. The S&P 500 and the Nasdaq 100 slipped,
April 24, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 21, 2023, was J$15.19. MJE’s last traded price on April 21, 2023 was $11.46. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
April 24, 2023 Guardian Holdings Limited (GHL) has advised that Mr. Alan Sadler who previously held the position of Group Vice President, Insurance Operations, now holds the position of President, Guardian Shared Services Limited (GSSL). Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
