February 03, 2022 Proven Investments Limited (PROVEN) has advised that on March 16, 2021, the Company entered into a Share Purchase Agreement with Fidelity Bank & Trust International Limited (a company incorporated in the Commonwealth of The Bahamas) to acquire the entire issued share capital (Shares) of Fidelity Bank (Cayman) Limited (FBCL), conditional on receiving
Brent Oil Brent oil prices fell by 0.22% or US$0.20 relative to the prior week. Oil traded on February 3, 2022, at US$89.14 per barrel relative to US$89.34 on January 27, 2021. Brent oil opened 2022 year at US$78.98 per barrel. Petrojam prices 87 Octane prices rose by 1.78% (JMD$3.060) and 90 Octane increase by
United States: U.S. Jobless Claims Decline for Second Week as Omicron Eases “Applications for U.S. state unemployment insurance fell for a second week, partially unwinding a recent spike in claims as the omicron wave recedes. Initial unemployment claims decreased by 23,000 to 238,000 in the week ended Jan. 29, Labor Department data showed Thursday. The
February 02, 2022 Sagicor Group Jamaica Limited (SJ) has advised that the Trustee of Sagicor Long-Term Incentive Plan sold 52,658 SJ shares to a connected party on January 31, 2022. This trade relates to the exercise of stock options pursuant to the Executive Share Option Plan. SJ has also advised that the Trustee of the SLJ
February 02, 2022 GraceKennedy Limited (GK) has advised that on January 25, 2022, Directors and Senior Officers acquired a total of 853,439 GK shares pursuant to grant of Restricted Stock Option (RSU) under the 2009 Stock Option Plan – Long Term Incentive Scheme of the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the
February 02, 2022 Scotia Group Jamaica Limited (SGJ) has also advised that a Senior Officer sold 75,613 SGJ shares on January 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.
February 02, 2022 Proven Investments Limited (PROVEN) has advised that Mr. Yvor Nassief resigned from the Board of Directors effective January 31, 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.
February 2, 2022 Government Operations Results for December 2021 For the period of April to December 2021, the GOJ reported Total Revenues & Grants of $492.22 billion, $1.23 billion less than the Government’s projection. This represented an increase of approximately 23.6% relative to the $398.26 billion recorded for the corresponding period in 2020. ‘Non-Tax Revenue’
February 02, 2022 In the fourth quarter of 2021, national vacancy rates for rental housing were 5.6% and 0.9%, respectively. The rental vacancy rate was 0.9 percentage points lower than in the fourth quarter of 2020 (6.5%) and did not differ statistically from the third quarter of 2021 (5.8%). The 0.9% homeowner vacancy rate was 0.1
February 2, 2022 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2021 posted gross premiums of $881.21 million relative $836.97 million; representing a 5% increase. Fourth-quarter gross premium amounted to $260.67 million, a 12% increase when compared to $233.76 million for the corresponding quarter of 2020. Proportional reinsurance amounted to $634.28 million
