January 13, 2025 United States: Treasuries Selloff Ripples Through World Markets After Jobs Data Treasuries fell as traders scaled back bets on Federal Reserve interest-rate cuts following Friday’s blowout US employment report. Yields on benchmark 10-year bonds rose as much as four basis points on Monday to 4.80%, the highest level since November
January 10, 2025 Pan Jamaica Group Limited (PJAM) has advised that Mr. Eric Scott, Deputy Chief Financial Officer, will be leaving PJAM to pursue other opportunities, effective March 31, 2025. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
January 10, 2025 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment rose by 256,000 in December, and the unemployment rate changed little at 4.1 percent. Notably, employment trended up in health care, government, and social assistance. Also, retail trade added jobs in December, following job loss in November. The U.S. Bureau
January 10, 2025 United States: US Payrolls Rise Most Since March, Jobless Rate Drops to 4.1% US employment in December advanced by the most in nine months and the unemployment rate unexpectedly fell, capping another year of resilience in the labour market. Nonfarm payrolls increased 256,000 following a slight downward revision to the
January 9, 2025 Future Energy Source Company Limited (FESCO) has advised that a Director sold a total of 2,001,704 FESCO shares during the period December 31, 2024 to January 7, 2025. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
January 09, 2025 Main Event Entertainment Group Limited (MEEG) Audited financials for the twelve months ended October 31, 2024: Main Event Entertainment Group Limited (MEEG), for the twelve months ending October 31, 2024, reported an 11% decrease in Revenues totalling $1.72 billion compared to $1.92 billion in the corresponding period last year. Revenues for the
January 9, 2025 Moody’s has affirmed Trinidad and Tobago’s rating at Ba2 with a Stable outlook, according to a report from the Ministry of Finance. This affirmation is based on the country's return to sustained growth, primarily driven by the non-energy sector. Despite lower-than-expected energy revenues in fiscal year 2024, which increased the fiscal deficit
January 9, 2025 United States: Fed’s Collins Favors More Patience and Fewer Rate Cuts in 2025 Federal Reserve Bank of Boston President Susan Collins said she favours fewer rate cuts in 2025 than she had anticipated just a few months ago, following strong employment data and lingering inflation. Collins, who emphasized the need for patience,
January 8, 2025 Caribbean Producers Jamaica Limited (CPJ) has advised that A.S Bryden and Sons Holding (ASBH) has acquired an additional 30.4% stake in CPJ. As a result of this additional purchase, ASBH now owns 75.3% of CPJ and CPJ is now a subsidiary of ASBH. The Company recognizes that this increased ownership represents
January 8, 2025 Innovative Energy Group Limited (ENERGY) has advised that the Company has signed a two-year renewable distribution agreement with Huawei Technologies. The agreement grants ENERGY distribution rights for Huawei’s Tier 1 digital power products including inverters, battery energy storage systems, power conversion systems, and SCADA/monitoring equipment. Disclaimer: Analyst Certification -The views expressed
