July 21, 2022 United States: US Jobless Claims Hit Eight-Month High as Labor Market Cools Applications for US state unemployment insurance rose for a third week to the highest since November as more companies announce job cuts, suggesting some softening in the labor market. Initial unemployment claims increased by 7,000 to 251,000 in the
July 20, 2022 Mailpac Group Limited (MAILPAC) has advised that on July 15, 2022 Mailpac Local, the grocery delivery arm of MAILPAC, entered into an operational partnership with industry leader, VirtualMart, to execute the sourcing and delivery of groceries and household items from its Mailpac Local website. The partnership will see the infrastructure and operating protocols
July 20, 2022 AMG Packaging and Paper Company Limited (AMG) has advised of the following Committee Appointments: 1. Independent Non-Executive Director Heather Matalon was appointed a Member of the Corporate Governance Committee and of the Audit and Finance Committee effective July 19, 2022; 2. Mr. Brandon Hugh, alternate for Non-Independent Director Antonio Hugh, was appointed
July 20, 2022 Jamaica Broilers Group Limited (JBG) has advised that a director purchased 88,388 JBG share units on July 18, 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
July 20, 2022 Carreras Limited (CAR) has advised of the resignation of Director Juan Carlos Restrepo Piedrahita with effect from August 9, 2022. CAR has also advised of the appointment of Ms. Verona Williamson to the Board of Directors as of August 9, 2022. Ms. Williamson is the Company Secretary of the Board and as well
July 20, 2022 Caribbean Cement Company Limited (CCC) previously advised that its Board of Directors at a meeting held on May 26th, 2022, recommended the presentation of an ordinary resolution to Shareholders, to declare a final dividend of $1.5032 per share payable on August 15th, 2022, with a proposed record date of August 4th 2022, with
July 20, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 18, 2022, was J$18.18. MJE’s last traded price on July 18, 2022, was $14.55. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
July 20, 2022 United States: Powell’s Econ-101 Lesson Presents Best-Case Inflation Scenario Federal Reserve Chair Jerome Powell is dusting off the supply and demand curves every student learns about in economics to explain what the US central bank is doing to bring inflation under control. The trouble is, his story only presents a best-case
July 19, 2022 Stationery and Office Supplies Limited (SOS) has advised that its Board of Directors will consider a dividend payment to shareholders at a Board meeting to be held on August 9, 2022. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
July 19, 2022 First Rock Real Estate Investments Limited (FIRSTROCK) has advised that further to the notice dated March 1, 2022 entitled “First Rock Capital Holdings Limited Ordinary Share Buyback”, the company’s ordinary share buyback exercise has not yet commenced and will instead commence on September 1, 2022. The open market share buyback programme will be
