United States: Fed Needs to Hike to Slow Inflation Without Recession, Credit Suisse Says “The Federal Reserve needs to deliver a Volcker-style shock to drive down asset prices if it wants to slow inflation without causing a recession, according to Credit Suisse Group AG strategist Zoltan Pozsar. Policy makers should stoke volatility to set off
February 16, 2022 The seasonally adjusted Producer Price Index for final demand jumped 1.0 percent in January, according to the US Bureau of Labor Statistics. This increase comes after gains of 0.4 percent in December 2021 and 0.9 percent in November 2021. Final demand prices increased 9.7% in the year ended January 2022 on an
United States: U.S. Freight Cost Blowout May Mean Little Inflation Relief Soon “Getting goods to market in the U.S. is becoming costlier by the month and that suggests American shoppers will find little relief from high inflation any time soon. The costs of transportation and warehousing goods for final demand climbed another 1.4% in January
February 15, 2022 SSL Venture Capital Jamaica Limited (SSLVC), for the six months ended December 31, 2021, reported no revenues versus the $19.32 million reported in the prior year’s corresponding period. SSLVC stated that, “The SSL Venture Capital Group ended the reporting quarter with no active operating portfolio company. The revenues earned in the prior
February 15, 2022 QWI Investments Limited (QWI) has declared a dividend of 3.5 cents ($0.035) per share payable on April 7, 2022 to shareholders on record as at March 15, 2022. The ex-dividend date is March 14, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
February 15, 2022 Eppley Limited (EPLY) has declared an ordinary dividend of $1.05 per share payable on March 31, 2022 to all shareholders on record as at March 15, 2022. The ex-dividend date is March 14, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
February 15, 2022 1834 Investments Limited (1834) posted revenue of $19.76 million, a 31% increase when compared to $15.11 million reported for the comparable period in 2020. For the quarter, revenue went up by 44% to $6.77 million (2020: $4.71 million). Other operating income increased by 14% to $43.58 million (2020: $38.38 million). As such, total revenue
February 15, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY), for the twelve months ended December 31, 2021 recorded a 9% increase in revenue to $1.07 billion from $993.97 million reported in 2020. For the fourth quarter, the company recorded revenue worth $280.91 million (2020: $223.97 million), representing a 25% increase. Cost of Sales for the year
February 15, 2022 ISP Finance Services Limited’s (ISP) total interest income grew by 16 % to $433.78 million compared to $372.67 million in 2020. For the quarter, total interest income amounted to $115.42 million (2020: $106.49 million). Of this: Interest income from loans increased by 18% to total $433.78 million relative to $369.11 million reported
February 15, 2022 Productive Business Solutions Limited (PBS) for the year ended December 31, 2021, reported a 37% increase in revenues from US$161.86 million in 2020 to US$221.92 million in 2021. For the quarter, revenues increased 53% to total US$76.46 million relative to US$49.89 million the prior corresponding quarter. PBS noted, “This year PBS solidified its position as the
