December 24, 2020 Supreme Ventures Limited (SVL) has advised that the Company has successfully converted a bridge loan facility of JMD $500 million to a secured fixed rate bond at an interest rate of 6.5% per annum which matures on December 11, 2025. SVL has also advised that its wholly-owned subsidiaries, Prime Sports (Jamaica) Limited and Supreme
December 24, 2020 Tree of Knowledge International Inc (TOKI) has advised that, with respect to the ongoing dispute between Chu de Québec – Université Laval (the “Plaintiff”), TOKI, TOKI’s US subsidiary, Tree of Knowledge, Inc. (“TOKI US”) and certain third parties (collectively, the “Defendants”), the Ontario Superior Court has ordered a Mareva injunction with respect to the
December 24, 2020 The Limners and Bards Limited (LAB) has advised that the Directors have approved an ordinary dividend of $0.034 per share and a special dividend of $0.04 per share payable on January 22, 2021 to shareholders on record as at January 8, 2021. The ex-dividend date is January 7, 2021. Disclaimer Analyst Certification -The views expressed
Daily Market Summary 24.12.2020 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
December 24, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 89,000 to 803,000 for the week ending December 19, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 885,000 to 892,000 up by 7,000. In comparison to the previous week’s average,
Brent Oil Brent oil prices decreased by 0.70% or US$0.36, as prices decreased this week relative to the prior week. Oil traded on December 24, 2020 at a price of US$51.14 per barrel relative to US$51.50 on December 17, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased
United States: Jobless Claims, Spending Show U.S. Economy Limping Into Year-End “U.S. consumer spending and incomes fell more than forecast in November and filings for unemployment benefits remained at elevated levels last week, the latest signs that the autumn’s surge in coronavirus cases is sapping the economic recovery. Initial jobless claims in regular state programs
December 23, 2020 In November, personal income fell $221.8 billion (1.1%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) declined $218.0 billion (1.2%) and personal consumption expenditures (PCE) fell $63.3 billion (0.4%). Real DPI decline 1.3% in November, and Real PCE fell 0.4%. The PCE price
Daily Market Summary 23.12.2020 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
United States: U.S. Economic Rebound Is Patchwork of Virus Risk and Rules “The U.S. economy has splintered along state and city lines, with the speed of the rebound largely dependent on the magnitude of local business restrictions to combat an unending surge in Covid-19 cases. California and Illinois, where some of the strictest measures have
