August 15, 2023 JMMB Group Limited (JMMBGL) for the first quarter ended June 30, 2023, reported a 26% increase in interest income totalling $9.85 billion compared to $7.84 billion in the corresponding three months last year. Interest expense increased 57% to close at $7.75 billion versus $4.93 billion booked in June 2022. Net interest income
September 6, 2023 United States: Fed Set to Double Its Economic Growth Forecast After Strong US Data The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month. Following a string of
September 5, 2023 Jamaica Broilers Group Limited (JBG) has advised that at a Board of Directors’ meeting to be held on October 4, 2023, a dividend payment will be considered. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer
September 5, 2023 According to the Jamaica Observer, “Jamaica is set to draw down US$255 million in loans from the International Monetary Fund (IMF) under the Resilience and Sustainability Facility (RSF) with the money to be steered towards refinancing high interest debt coming to maturity shortly.” The IMF loan has a maturity of 20 years
September 5, 2023 According to the statistical office of the European Union (Eurostat), the euro area seasonally adjusted unemployment rate was 6.4% in July, down from 6.7% in July 2022 and constant compared with June 2023. Additionally, it was reported that the EU unemployment rate was 5.9% in July 2023, also stable compared with June
September 5, 2023 Government Operations Results for July 2023 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
September 5, 2023 United States: Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease. “There is nothing that is saying we need to do anything imminent anytime soon,” Waller
September 4, 2023 Sagicor Group Jamaica Limited (SJ) has advised that the Trustee of Sagicor Long-Term Incentive Plan purchased 3,000,000 SJ shares on August 31, 2023. 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
September 4, 2023 Supreme Ventures Limited (SVL) has advised that during the period August 28 to 30, 2023, a Director purchased 319,424 SVL shares, a Senior Manager sold 150,000 SVL shares, and a related entity sold 319,424 SVL shares. Disclaimer: Company Disclosure - The information contained herein has been obtained from sources
September 4, 2023 Sagicor Group Jamaica Limited (SJ) has advised that at a Board of Directors’ meeting scheduled to be held on September 15, 2023, the Directors will consider inter alia, the payment of a second interim dividend to shareholders of the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately
