June 12, 2020 Scotia Group Jamaica Limited (SGJ) reported an increase in Net Interest Income 2% or $240.54 million to $12.48 billion, moving from $12.24 billion for the corresponding period in 2019. Notably, Interest Income for the period increased from $13.58 billion in 2019 to $13.71 billion. Interest Expense declined 8% to total $1.23 billion
Date: June 12, 2020 Main Events Entertainment Group reported revenue of $884.81 million, 1% lower than the $895.83 million booked in 2019. Revenue for the quarter amounted to $286.66 million compared to $438.14 million recorded for the six months ended April 30, 2019. Management noted that, “we anticipate this lull in revenue activity to persist
United States: Don’t Give Up on Bringing Manufacturing Back to the U.S. “More than three years ago, Donald Trump was elected president on a promise to bring U.S. manufacturing back from China. Even before the coronavirus pandemic hit, Trump’s economic expansion -- which became the longest on record -- didn’t even manage to restore all
Daily Market Summary 11.06.2020 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, directly
June 11, 2020 Scotia Group Jamaica Limited (SGJ) has also declared a dividend of 45 cents per stock unit payable on July 22, 2020 to stockholders on record as at June 30, 2020. SGJ has further advised that consequent to guidance issued by the Regulator, the payment of dividends shall be limited to shareholders that
June 11, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 10,000 MJE shares on June 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
June 11, 2020 Brent Oil Brent oil prices decreased by 2.98 % or US$1.19, as prices fell this week relative to the prior week. Oil traded on June 11, 2020 at a price of US$38.80 per barrel relative to US$39.99 on June 4, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices
June 11, 2020 Indies Pharma Jamaica Limited (INDIES), for the six months ended April 30, 2020, reported revenue of $400.96 million, 11% higher than the $361.30 million booked in 2019. For the second quarter, revenue closed at $207.24 million (2019: $193.12 million). Cost of sales, for the six months ended April 30, 2020, rose by
United States: U.S. Jobless Claims Continue Gradual Decline, Remain Elevated Applications for U.S. unemployment benefits gradually eased last week despite a stream of business reopenings, underscoring the longer-term labor-market challenges caused by the coronavirus pandemic. Initial jobless claims for regular state programs totaled 1.54 million in the week ended June 6, down from 1.9 million
June 10, 2020 Jamaica Broilers Group Limited (JBG) has advised that a connected party purchased 1,857 JBG shares on June 8, 2020. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any
