United States: Fed Won’t Flinch as Labor Market Starts Tailing Off “The upcoming US jobs report is projected to show the labor market, while still tight, may be starting to transition to more moderate payrolls growth from out-sized monthly advances. Payrolls probably increased by about 325,000 in May after rising 428,000 in each of the
May 27, 2022 According to the Bureau of Economic Analysis, B.E.A.)“second” estimate, real gross domestic product (GDP) decreased at an annual rate of 1.5% in the first quarter of 2022. Real GDP increased by 6.9% in the fourth quarter of 2021. The GDP estimate released on May 26, 2022 is based on a more complete
May 27, 2022 General Accident Insurance Company Limited (GENAC) for the three months ended March 31, 2022, reported gross premium written of $3.67 billion, 11% over the $3.30 billion reported in 2021. Reinsurance ceded rose 13% to close at $2.74 billion relative to $2.42 billion booked in 2021. Excess of loss reinsurance trended upwards by 16% to $57.04
United States: US Wage Increases Show Signs of Peaking in Welcome Sign for Fed “US inflation-adjusted consumer spending rose in April by the most in three months, indicating households were holding up in the face of persistent price pressures by dipping into savings. Purchases of goods and services, adjusted for changes in prices, increased 0.7%
May 26, 2022 Mayberry Investments Limited (MIL) has advised that connected parties purchased a total of 1,091,851 MIL shares and a senior manager sold 614,195 MIL shares during the period May 25, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
May 26, 2022 Edufocal Limited (LEARN) has advised of the purchase of 4,000 LEARN shares by a director on May 16, 2022 and another purchase of 73,294 LEARN shares by a director on May 25, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
May 26, 2022 KLE Group Limited (KLE) has advised that Mr. Christopher Dehring has resigned as Director, effective May 24, 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
May 26, 2022 Sagicor Real Estate X Fund Limited (XFUND) has advised that Mr. Christopher Zacca intends to demit office as Chairman at the next Board Meeting to be held on Thursday, July 28, 2022. Mr. Zacca will however, continue to serve as a member of the Board of Directors Disclaimer: Analyst Certification -The views expressed
May 26, 2022 GraceKennedy Limited (GK) has advised that the investment and advisory arm of its GraceKennedy Financial Group, GK Capital Management Limited, has signed a joint venture agreement with the Trinidad and Tobago Unit Trust Corporation (TTUTC). The new venture, which remains subject to the requisite regulatory approvals, will allow GK and TTUTC to
May 26, 2022 PanJam, for the financial year ended December 2021, reported a favorable outcome with a 109% increase in total income due to investments rebounding from a loss of $523.25 million and closing at a gain of $2.10 billion. The company operating profit rose to $2.50 billion (2020: $315.08 million) while net profit increased
