September 30, 2020 The way is now clear for Derrimon Trading Limited to approach the equities market with another public offering (APO) of shares to raise what is believed to be as much as $4.8 billion. This following last Friday's (September 25) approval by shareholders of four resolutions at the company's annual general meeting (AGM)
United States: U.S. Firms Added 749,000 Jobs in September, ADP Report Show “U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic. Businesses’ payrolls increased after an upwardly revised 481,000 rise in August, according to ADP
September 29, 2020 Jetcon Corporation Limited (JETCON) has advised that a Director sold a total of 98,900 JETCON shares during the period September 18 to 24, 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
September 29, 2020 GraceKennedy Limited (GK) has advised of several senior management changes within the Group effective October 1, 2020. Andrew Leo-Rhynie, the current Managing Director of GK Capital Management (GKCM), will join GK’s Executive Office as the Head of the Group’s new Mergers and Acquisitions Unit. Mergers and Acquisitions has been identified as one
September 29, 2020 Mayberry Investments Limited (MIL) has advised that a senior manager sold 132,583 MIL shares on September 23, 2020 and a connected party purchased a total of 331,634 MIL shares during the period September 23 to 25, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
September 29, 2020 Sagicor Group Jamaica Limited (SJ) has advised that the Company intends to convene a meeting of the Board of Directors on October 12, 2020 to declare a dividend. 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
September 29, 2020 James Rawle, Managing Director of LASCO Manufacturing Limited, commented on the financial performance of the Company. Lasco Manufacturing, for the year ended March 31, 2020, total revenue increased by 4% from $7.57 billion in 2019 to $7.89 billion in 2020.Net profit for the year was $983.68 million, 9% lower than last year’s net
Daily Market Summary 29.09.2020 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,
September 29, 2020 Moody's Investors Service ("Moody's") has affirmed the A1 insurance financial strength (IFS) rating of Everest Reinsurance Company and Everest Re (Bermuda), Ltd., as well as the Baa1 senior debt rating of Everest Reinsurance Holdings, Inc. These entities are wholly owned by Everest Re Group, Ltd. (NYSE: Re, Everest Re). In the same
September 29, 2020 At the Extraordinary General Meeting, Sygnus Credit Investments outlined its purpose for the Additional Public Offering. Management further stated that the objective for release is this year. Firstly, Management commented on the financial performance for the FY2020, total investment income increased 39.8% to US$4.5 million (2019: $3.21 million) but translated in a
