United States: US Inflation Quickens to 40-Year High, Pressuring Fed and Biden “US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the
June 9, 2022 Stationery & Office Supplies Limited (SOS) has advised that as of Monday, June 6, 2022, the Company acquired the assets of D&K’s Printing and Office Supplies (10 additional book manufacturing machines) in order to diversify the product range and increase the manufacturing capacity of its range of SEEK products. Disclaimer: Analyst Certification
June 9, 2022 First Rock Capital Holdings Limited (FIRSTROCK) has advised that on June 7, 2022, the name of the Company was changed from First Rock Capital Holdings Limited to First Rock Real Estate Investments Limited. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
June 9, 2022 Scotia Group Jamaica Limited (SGJ) has declared a dividend of 35 cents ($0.35) per share payable on July 20, 2022 to shareholders on record as at June 28, 2022. The ex-dividend date is June 27, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
June 9, 2022 Wisynco Group Limited (WISYNCO) has also advised of the appointment of Ms. Kisha-Ann Brown to the position of Head of Human Resources effective June 14, 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
June 9, 2022 Mayberry Investments Limited (MIL) has advised that during the period June 1 to 8, 2022, connected parties purchased a total of 1,009,212 MIL shares and senior managers sold a total of 1,083,821 MIL shares. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
June 9, 2022 Scotia Group Jamaica Limited (SGJ) reported an increase in Net Interest Income to $12.71 billion, moving from $11.30 billion for the corresponding period in 2021. Notably, Interest Income for the period increased from $12.25 billion in 2021 to $13.60 billion in the period under review. Interest Expense declined 6% to total $894.90
United States: US Jobless Claims Rise by Most Since July During Holiday Week “Applications for US state unemployment insurance rose by the most in nearly a year during the week that included the Memorial Day holiday. Initial unemployment claims climbed broadly across states by 27,000 to 229,000 in the week eded June 4, Labor Department
June 8, 2022 Paramount Trading (Jamaica) Limited (PTL) has advised that upon the resignation of Mr. Junior Levine, it has on-boarded a new Chief Digital Strategist- Chief Financial Officer, Dr. Jacqueline Leckie-Johnson, to lead the Company into its digital transformation. Her appointment takes effect July 1, 2022. PTL has also advised that Mrs. Jodiann Buckner-Nattoo
June 8, 2022 Supreme Ventures Limited (SVL) has advised of the appointment of Mr. Delroy Anderson as Chief Innovation Officer for Supreme Ventures Fintech Limited, a wholly-owned subsidiary of Supreme Ventures Limited. His appointment became effective on June 1, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of
