January 20, 2022 Scotia Group Jamaica Limited (SGJ) has advised that Dr. Adrian Stokes, Head of Insurance and Wealth, will be leaving the Company effective February 19, 2022 to pursue other opportunities. SGJ has further advised that Debra Lopez-Spence will continue as President of Scotia Jamaica Life Insurance Company Limited (SJLIC) and Gary-Vaughn White, Senior
January 20, 2022 Wigton Windfarm Limited (WIG) has advised that the Company has obtained the necessary approvals from its existing Bondholders to amend and restate Bonds B, C and D. The restatement of the Bonds will result in savings in the finance expense of the Company over the seven (7) years lifetime of the Bonds.
January 20, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY) has advised of the new composition of the Company’s Compensation Committee as per Board of Directors’ approval on Wednesday, January 12, 2022, which is as follows: Mr. Noel daCosta (Chairman, Independent member) Mr. Anthony Chang (Executive member) Mr. Marshall Ogle (Independent member) Mr. Lissant Mitchell (Independent member)
January 20, 2022 Fontana Limited (FTNA) has advised that connected parties sold a total of 12,682,033 FTNA shares on January 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 as at the date of this report. Each
January 20, 2022 The advance figure for seasonally adjusted initial claims in the week ending January 15 was 286,000, a 55,000 increase from the previous week's revised level. The prior week's figure was raised by 1,000 points, from m 230,000 to 231,000. The 4-week moving average was 231,000, an increase of 20,000 from the corrected average from
January 20, 2022 According to the statistical office of the European Union (Eurostat), in December 2021, the euro area annual inflation rate was 5.0%, up by 0.1% from the 4.9% reported in November 2021. However, a year earlier in December 2020, the rate was -0.3%. Additionally, in the European Union annual inflation was reported at
Brent Oil Brent oil prices increased by 4.70% or US$3.97 relative to the prior week. Oil traded on January 20, 2022, at US$88.44 per barrel relative to US$84.47 on January 13, 2021. Brent oil opened 2022 year at US$78.98 per barrel. Petrojam prices 87 Octane prices increased by 1.84% (JMD$3.060) and 90 Octane increase by
United States: Housing-Market Risks in U.S. Are Clustered Around NYC, Chicago “New York City and Chicago are home to some of the most vulnerable housing markets in the U.S., where the pandemic continues to threaten homeowners and the broader economy. Of the 50 most at-risk counties across the country, those two metropolitan areas each had
January 19, 2022 Kingston Wharves Limited (KW) has advised that a director who is also a Senior Executive in the Company purchased 55,200 KW shares from the Employee Share Ownership Program (ESOP) on January 17, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
January 19, 2022 Future Energy Source Company Limited (FESCO) has advised that a director sold 2,519,107 FESCO shares during the period January 14 to 18, 2022. FESCO has also advised that four (4) Directors and a connected party purchased a total of 2,003,000 FESCO shares during the period January 17 to 18, 2022. Disclaimer: Analyst
