October 30, 2020 Cayman Islands Finance Committee members confirmed that the government is now forecasting a $168.7 million deficit by the end of this year as a result of the COVID-19 pandemic. Councillor to the Minister of Finance Roy McTaggart, as he opened the committee hearing for the appropriation changes to this year’s budget, delivered the
October 30, 2020 Supreme Ventures Limited (SVL), for the nine months ended September 30, 2020, reported a marginal decrease of 0.44% in ‘Total Gaming Revenue’ from $28.06 billion in 2019 to $27.94 billion in 2020. Revenues from the Company’s segments were as follows: Revenue from ‘Non fixed odd wagering games, horse racing and pin codes’
October 30, 2020 Express Catering Limited (ECL) for the year ended May 31, 2020 reported a 19% decrease in revenue to US$14 million (2019: US$17.32 million). Revenue for the quarter declined 79% to close at US$1.09 million relative to US$5.21 million reported the previous year. Cost of sales (COS) decreased by 15% for the period
October 30, 2020 Margaritaville (Turks) Limited For the Year Ended May 31, 2020: In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 31, 2020, reported revenues of $5.94 million versus $7.59 million in the prior corresponding period. For the quarter, revenues amounted to $124,230
United States U.S. Personal Income, Spending Increase by More Than Forecast “Americans’ incomes increased in September by more than expected, boosted by employment gains and helping to propel consumer spending at the end of the third quarter. Personal incomes rose 0.9% from the prior month following a 2.5% decline in August, a Commerce Department report
October 29, 2020 According to the advance estimate released by the Bureau of Economic Analysis, the U.S Real gross domestic product (GDP) increased at an annual rate of 33.1% (7.4% at a quarterly rate) in the third quarter of 2020. This follows a decrease of 31.4% in the second quarter. Real GDP for the third
October 29, 2020 According to the latest report provided by the Eurostat, in the second quarter of 2020, household real consumption per capita fell by 10.7% in the euro area, while the previous quarter decreased by 3.3%. Additionally, Eurostat noted that, “This decline is the highest since the beginning of the time series in 1999.
Daily Market Summary 29.10.2020 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 research analyst (s) also certify that no part of their compensation was, is, or will be,
October 29, 2020 Sagicor Group Jamaica Limited (SJ) has advised that 9,000 SJ shares were transferred to eligible employees of the Company on October 26, 2020 under the SLJ Employee Share Purchase Plan Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
October 29, 2020 Mayberry Investments Limited (MIL) has advised that Mr. Dan Theoc has been appointed SVP – Investment Banking effective October 1, 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
