November 4, 2020 The U.S. Bureau of Economic Analysis indicated that, “the goods and services deficit was $63.9 billion in September, down $3.2 billion from $67.0 billion in August, revised.” September exports amounted to $176.4 billion, which was more than August exports by $4.4 billion, whereas, September imports amounted to $240.2 billion which was $1.2 billion more
United States: Volatility Grips U.S. Stock Futures with Vote Outcome Uncertain “Extreme election night volatility persisted in U.S. equity futures, with S&P 500 contracts swinging between gains and losses, as investors worked to price in shifting odds for Donald Trump’s re-election and control of the Senate, a potentially protracted vote count and the implications for
November 03, 2020 Kingston Properties Limited (KPREIT) has advised that at a meeting of its Board of Directors held on October 27, 2020, the Board agreed to recommend to shareholders that the maximum number of authorized shares of the Company be increased from 1,000,000,000 ordinary shares to 2,000,000,000 ordinary shares. KPREIT has further advised that
November 03, 2020 Caribbean Cement Company Limited (CCC) has advised that Mr. Francisco Aguilera Mendoza will replace Mr. Jose Luis Seijo Gonzalez as Chief Executive Officer of Trinidad Cement Limited, the majority shareholder of CCC, effective December 1, 2020. Mr. Aguilera Mendoza currently serves as Deputy Chairman and is a member of the Board of Directors and
November 03, 2020 1834 Investments Limited (1834) has advised that on Monday, November 9, 2020, its Board of Directors will consider the payment of an interim dividend to shareholders of the Company. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer
November 03, 2020 Jamaica Public Service Company (JPS) has advised that its Board of Directors has considered and approved the declaration of dividends for: 1. Preference Shares B, C, D and E payable on December 31, 2020 to shareholders on record at the close of business on December 15, 2020. The ex-dividend date is December 14, 2020
November 03, 2020 PanJam Investment Limited (PJAM) has advised that at a meeting of the Board of Directors scheduled for Thursday, November 12, 2020, the Directors will consider the payment of a second interim dividend for the year 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
November 03, 2020 QWI Investments Limited, audited results for the year ended September 2020, reported losses from investment activities of $467.38 million relative to a gain of $394.49 million last year. For the quarter, gain from investment activities of $26.47 million was recorded (2019: $256.12 million). Administrative and other expenses amounted to $42.25 million (2019:
Daily Market Summary 03.11.2020 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
November 3, 2020 Margaritaville (Turks) Limited (MTL) for the three months ended August 31, 2020 reported revenues which decreased drastically by 99% for the period to US$20,417 (2019: US$2.03 million). Cost of sales also went down by 96% to US$20,416 (2019: US$500,920) which resulted in a gross profit of US$1. Management noted the company, “the
