2 12, 2020

Government Operations Results for October 2020

2020-12-02T12:21:52-05:00

December 2, 2020 Government Operations Results for October 2020 For the period of April to October 2020, the GOJ reported Total Revenues & Grants of $298.68 billion, $2.88 billion more than the Government’s projection. This represented a decrease of approximately 16.7% relative to the $358.76 billion recorded for the corresponding period in 2019. ‘Tax Revenue’,

Government Operations Results for October 20202020-12-02T12:21:52-05:00
2 12, 2020

Overseas Headline – December 2, 2020

2020-12-02T08:34:27-05:00

United States: What’s in Store for Biden’s Economic Team “President-elect Joe Biden on Tuesday announced the team that will take on one of the key early challenges of his presidency: keeping the U.S. economy’s recovery from the coronavirus on track. Biden’s economic officials, who mostly have crisis experience from the Obama administration, will be charged

Overseas Headline – December 2, 20202020-12-02T08:34:27-05:00
1 12, 2020

Board Appointment: Honey Bun (1982) Limited (HONBUN)

2020-12-01T15:51:30-05:00

December 1, 2020 HONBUN has advised that the following appointments were made at a Board of Directors’ meeting held on November 26, 2020: Daniel Chong as Director Wayne Wray as Chairman of the Audit & Risk Management           Committee Yaneek Page as Chairperson of the Compensation, Nomination & Corporate Governance Committee Paula Graham-Haynes as Corporate Secretary

Board Appointment: Honey Bun (1982) Limited (HONBUN)2020-12-01T15:51:30-05:00
1 12, 2020

Trade in Shares: Jamaica Broilers Group Limited (JBG)

2020-12-01T15:51:07-05:00

December 1, 2020 JBG has advised that 139,047,499 JBG shares were transferred to a connected party on November 25, 2020.  The Company has further advised that the share transfer is part of a house keeping exercise to finalize the reorganization of certain trusts for the Levy Family. Disclaimer Analyst Certification -The views expressed in this

Trade in Shares: Jamaica Broilers Group Limited (JBG)2020-12-01T15:51:07-05:00
1 12, 2020

Daily Market Summary – December 01, 2020

2020-12-01T15:39:20-05:00

Daily Market Summary 1.12.2020   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 research analyst (s) also certify that no part of their compensation was, is, or will

Daily Market Summary – December 01, 20202020-12-01T15:39:20-05:00
1 12, 2020

Euro area annual inflation stable at -0.3% based on flash estimate

2020-12-01T13:08:39-05:00

December 1, 2020 In November 2020, the Euro area annual inflation rate is anticipated to be -0.03%, stable when compared to October 2020, based on a flash estimate from the statistical office of the European Union (Eurostat). The largest contribution to the euro area inflation rate in November 2020 is expected to come from: food,

Euro area annual inflation stable at -0.3% based on flash estimate2020-12-01T13:08:39-05:00
1 12, 2020

IDB approves US$50 million loan to OECS Member States

2020-12-01T10:25:22-05:00

December 1, 2020 The Inter-American Development Bank (IDB) approved a US$50 million loan to support member countries of the Organisation of Eastern Caribbean States (OECS) and their response to the health, social and economic consequences caused by the COVID-19 crisis. Since 1977, the IDB has provided US$227 million to the CDB in a long-term collaborative relationship.

IDB approves US$50 million loan to OECS Member States2020-12-01T10:25:22-05:00
1 12, 2020

MEEG plans to maintain strong financial and cash management strategies to weather the ongoing pandemic

2020-12-01T09:28:08-05:00

December 1, 2020 Dr. Ian Blair, Independent Non-Executive Director – Main Event Entertainment Group, commented on the financial performance of the business for the year ended October 31, 2019. The company achieved revenue of $1.80 billion, a 29% increase over the $1.40 billion reported in 2018. Gross profit increased by 21% to $776.72 million compared

MEEG plans to maintain strong financial and cash management strategies to weather the ongoing pandemic2020-12-01T09:28:08-05:00
1 12, 2020

Overseas Headlines – December 1, 2020

2020-12-01T09:13:35-05:00

United States: The Fed Effort to Save Midsize Firms Isn’t Working, and Here’s Why “It sounded like a great idea back in April. With the economy getting hammered by Covid-19, the Federal Reserve hatched a bold plan to rescue thousands of midsize companies that were falling into a gap between government aid programs. Using its

Overseas Headlines – December 1, 20202020-12-01T09:13:35-05:00
1 12, 2020

PAL reports year end net loss attributable to shareholders of $99.84 million

2020-12-01T08:57:51-05:00

November 30, 2020 Palace Amusement Company’s (PAL) audited results for the year ended June 30, 2020 reported total revenues of $919.84 million, a 17% decrease when compared with the $1.11 billion recorded for the corresponding period in 2019. The total revenue for the quarter decreased 94% to total $20.67 million relative to the $338 million

PAL reports year end net loss attributable to shareholders of $99.84 million2020-12-01T08:57:51-05:00