United States: Fed Hopes for Recovery While Preparing for a Second Virus Wave “The Federal Reserve is preparing for the possibility of an economically debilitating second wave of coronavirus infections even as it’s hoping that can be avoided. In launching the Main Street and corporate lending facilities this month and starting to buy corporate bonds, the central
June 29, 2020 Indies Pharma Jamaica Limited (INDIES) has advised that the Company has negotiated with Sagicor Investments Jamaica Limited for a loan by way of Private Place Bond in the amount of $1.12 billion for the following reasons: i. Repay Biporist Holdings Inc. the amount of J$398,750,000.00, which was used to purchase 3
June 29, 2020 PanJam Investment Limited (PJAM) has advised that on June 26, 2020 a Director was issued 8,416 PJAM shares in lieu of Directors’ fees for the second quarter of 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
June 29, 2020 Wisynco Group Limited (WISYNCO) has declared an interim dividend of $0.09 per share payable on August 12, 2020 to shareholders on record as at July 13, 2020. The ex-dividend date is July 10, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
June 29, 2020 Real gross domestic product (GDP) declined at an annual rate of 5% for the first quarter of 2020 according to the third estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2019, real GDP had a 2.1% growth. The downward movement in real GDP for the
June 29, 2020 weekly Picks 29.06.2020 DTL 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 research analyst (s) also certify that no part of their compensation was, is, or will be,
United States: The U.S.-China Feud Gets Nasty “The U.S. and China are moving beyond bellicose trade threats to exchanging regulatory punches that threaten a wide range of industries including technology, energy and air travel. The two countries have blacklisted each other’s companies, barred flights and expelled journalists. The unfolding skirmish is starting to make companies
June 26, 2020 Key Insurance Company Limited (KEY) has advised that Finance Director, Mrs. Jacqueline Leckie-Johnson, has demitted office effective June 19, 2020. 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
June 26, 2020 Jamaica Stock Exchange Limited (JSE) has advised that Mrs. Sheree Martin has resigned as an independent Director of the Board, effective July 13, 2020. 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
June 26, 2020 Sagicor Group Jamaica Limited (SJ) has advised that on June 25, 2020 an Executive purchased 90,402 SJ shares and two connected parties sold a total of 100,502 SJ shares. SJ has further advised that a Director sold 83,999 shares in Sagicor Real Estate X Fund Limited (XFUND) on June 19, 2020. Analyst
