April 10, 2024 MFS Capital Partners Limited (MFS) has advised that the Company has successfully completed the 100% acquisition of Microfinancing Solutions Limited. The transaction, which was first announced at the end of 2022, was finalised in time for the close of the Company’s third quarter on March 31, 2024. This transaction marks the first major
April 10, 2024 The Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.4 percent on a seasonally adjusted basis in March 2024, the same increase as in February 2024, according to the U.S. Bureau of Labor Statistics. Over the past year, the all items index climbed by 3.5 percent before seasonal adjustment. In
April 10, 2024 United States: US Core CPI Tops Forecasts Again, Likely Delaying Fed Rate Cuts A measure of underlying US inflation topped forecasts for a third straight month, heralding a fresh wave of price pressures that will likely delay any Federal Reserve interest-rate cuts until later in the year. The so-called core consumer
April 9, 2024 Jamaican Teas Limited (JAMT) has advised that a director sold 50,000 JAMT shares on March 27, 2024. 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.
April 9, 2024 Pan Jamaica Group Limited (PJAM) has advised that a connected party purchased 25,680 PJAM shares on April 3, 2024. 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
April 9, 2024 GraceKennedy Limited (GK) has advised that during the period March 26, 2024 to April 3, 2024, the Company purchased a total of 244,179 GK shares under the GraceKennedy 2023 Share Repurchase Programme. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry
April 9, 2024 The Statistical Institute of Jamaica (STATIN) reported a 1.7% increase in Jamaica’s total value added at constant prices in the fourth quarter of 2023 compared to the same quarter of 2022. This resulted from growth in both the Services and Goods Producing Industries. The Services Industries grew by 2.0%, while the Goods
April 9, 2024 United States: State Street Sees Half-Point Fed Rate Cut as Soon as June State Street Global Advisors is bucking the recent hawkish shift in market consensus to bet that the Federal Reserve will cut interest rates by 50 basis points as soon as June. The $3.6 trillion asset manager thinks the
April 8, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 28, 2024, was J$13.70. MJE’s closing price on March 28, 2024 was $10.02. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
April 8, 2024 Eppley Limited (EPLY) has advised that Raymond Donaldson will serve as the Chief Executive Officer of the Company effective May 3, 2024. EPLY has further advised that Jeffrey Brown will join the Company on May 3, 2024, as Chief Investment Officer and will work closely with Denise Gallimore, VP of
