United States: Americans’ Saved-Up Stimulus Checks Could Bring Economic Boost “President Joe Biden has promised to “act fast” in delivering another dose of pandemic relief, including $1,400 checks for millions of Americans. That doesn’t mean all the recipients will be in a hurry to spend the money. By comparison with the first round of stimulus
February 10, 2021 Tropical Battery Company Limited (TROPICAL) has declared a dividend of $0.01 per share payable on April 15, 2021 to shareholders on record as at March 31, 2021. The ex-dividend date is March 30, 2021. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
February 10, 2021 Sagicor Group Jamaica Limited (SJ) has advised that 7,000 SJ shares were transferred to eligible employees of the Company on February 8, 2021 under the SLJ Employee Share Purchase Plan. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
February 10, 2021 Proven Investments Limited (PROVEN) has advised that Proven Management Limited intends to fully redeem its Series B Bonds in the amount of $2.9 billion. This will be completed in accordance with Section 7.1 of the Trust Deed dated January 7, 2019 and the intended loan prepayment date will be March 11, 2021.
February 10, 2021 GraceKennedy Limited (GK) has advised that the process to merge two of its local manufacturing divisions has started. The merger will see operations at GK Foods & Services’ National Processors (Nalpro) being combined with Grace Food Processors Canning (Canning). The relocation of Nalpro’s operations, currently situated in Temple Hall in St Andrew,
February 10, 2021 Seprod Limited (SEP) posted revenue totalling $37.74 billion compared to $32.69 billion recorded for the same period of the prior financial year, representing a 15% increase year over year. Revenue for the quarter amounted to $9.08 billion relative to the $7.90 billion reported in 2019. The Company stated, “This ended a good year that
United States: Biden’s Next Economic Challenge: Getting Manufacturing Jobs Back “Joe Biden began his presidency much as his predecessor did, promising to restore hope to a blue-collar middle class battered by decades of relentless job losses from automation and foreign competition. But the realities of trying to stoke U.S. manufacturing employment in the wake of
February 09, 2021 iCreate Limited (ICREATE) has advised of the appointment of Mr. Larren Peart and Mr. Stephen Hector as Directors effective February 3, 2021 and February 4, 2021 respectively. Mr. Peart has also been appointed Chairperson of the Remuneration Committee. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal
February 9, 2021 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2020 recorded trading income of $1.67 billion; this represented a 11% decrease when compared to $1.82 billion posted in 2019, while trading income for the quarter amounted to $527.18 million (2019: $600.68 million). Other income decreased to $13.03 million versus
United States: Biden Warms to Fast-Track Stimulus After Liberal Pressure Mounts “President Joe Biden and White House officials are siding with liberal Democrats stung by past efforts to reach compromise with Republicans and refusing to heed GOP appeals to scale back the administration’s $1.9 trillion stimulus. Biden entered talks last week with a group of
