February 23, 2022 Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors at its meeting scheduled to be held on February 23, 2022, will consider the approval of declaration of quarterly preference F Dividends payable on March 30, 2022 to shareholders on record at the close of business on March 10,
February 22, 2022 Grace Kennedy Limited (GK) has advised that the Board of Directors will on Tuesday, March 1, 2022, consider a resolution for the declaration of an interim dividend to be paid in April 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
February 22, 2022 In T&T dollars (except where it is indicated otherwise): Massy Holdings Limited (MASSY) posted revenue of $3.23 billion, an 8% increase when compared to $2.98 billion reported for the comparable period in 2020. Operating profit after finance costs increased by 7% to $262.81 million (2020: $244.69 million). Share of profit of associates
United States: Fed Official Suggests Half-Point March Hike on Table If Data Hot “Federal Reserve Governor Michelle Bowman suggested that a half percentage-point increase in interest rates could be on the table next month if incoming readings on inflation come in too high. “I support raising the federal funds rate at our next meeting in
February 21, 2022 Advance Estimates of U.S. Retail and Food Services Advance estimates of January 2022 retail and food services sales in the United States, adjusted for seasonal variation, holiday and trading-day differences, but not for price changes, were $649.8 billion, a 3.8 percent (± 0.5 percent) increase from the previous month and a 13.0
United States: U.S. Agriculture Secretary Criticizes Price Exploitation “The U.S. Agriculture Secretary said some recent price increases were the result of businesses “taking advantage” of the coronavirus pandemic and supply-chain disruptions to push up food costs. Food prices have soared globally in the past year as economies recover from the pandemic and amid a jump
February 18, 2022 BANK OF JAMAICA REDUCES MONETARY ACCOMMODATION Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 150 basis points to 4.00 per cent per annum, effective 21 February 2022. The Bank also decided to pursue stronger measures
February 18, 2022 Palace Amusement Company (PAL) reported six months total revenues of $231.67 million, a 248% increase when compared with the $66.62 million recorded for corresponding period in 2020. Total revenue for the quarter increased 307% to total $151.15 million relative to the $37.14 million recorded for same period in 2020. Direct Expenses for
United States: Bird Flu Is Latest Threat to America’s Embattled Chicken Farms “U.S. poultry farms have yet another production headache to deal with: bird flu. For the first time in several years, cases of deadly avian influenza have hit farms in Indiana, Virginia and Kentucky recently. That prompted some nations such as Mexico to ban
