30 10, 2020

MTL reports 90% decrease in year end net profits

2020-10-30T10:56:15-05:00

October 30, 2020 Margaritaville (Turks) Limited  For the Year Ended May 31, 2020: In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 31, 2020, reported revenues of $5.94 million versus $7.59 million in the prior corresponding period. For the quarter, revenues amounted to $124,230

MTL reports 90% decrease in year end net profits2020-10-30T10:56:15-05:00
30 10, 2020

Overseas Headlines – October 30, 2020

2020-10-30T08:52:45-05:00

United States U.S. Personal Income, Spending Increase by More Than Forecast “Americans’ incomes increased in September by more than expected, boosted by employment gains and helping to propel consumer spending at the end of the third quarter. Personal incomes rose 0.9% from the prior month following a 2.5% decline in August, a Commerce Department report

Overseas Headlines – October 30, 20202020-10-30T08:52:45-05:00
29 10, 2020

U.S third quarter GDP recorded 7.4% increase

2020-10-30T08:40:45-05:00

October 29, 2020 According to the advance estimate released by the Bureau of Economic Analysis, the U.S Real gross domestic product (GDP) increased at an annual rate of 33.1% (7.4% at a quarterly rate) in the third quarter of 2020. This follows a decrease of 31.4% in the second quarter. Real GDP for the third

U.S third quarter GDP recorded 7.4% increase2020-10-30T08:40:45-05:00
29 10, 2020

Fall in household real consumption per capita accelerates in both euro area and EU

2020-10-29T17:01:30-05:00

October 29, 2020 According to the latest report provided by the Eurostat, in the second quarter of 2020, household real consumption per capita fell by 10.7% in the euro area, while the previous quarter decreased by 3.3%. Additionally, Eurostat noted that, “This decline is the highest since the beginning of the time series in 1999.

Fall in household real consumption per capita accelerates in both euro area and EU2020-10-29T17:01:30-05:00
29 10, 2020

Trade in Shares: Sagicor Group Jamaica Limited (SJ)

2020-10-29T15:33:07-05:00

October 29, 2020 Sagicor Group Jamaica Limited (SJ) has advised that 9,000 SJ shares were transferred to eligible employees of the Company on October 26, 2020 under the SLJ Employee Share Purchase Plan Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those

Trade in Shares: Sagicor Group Jamaica Limited (SJ)2020-10-29T15:33:07-05:00
29 10, 2020

Special Advisory: Mayberry Investments Limited (MIL)

2020-10-29T15:58:10-05:00

October 29, 2020 Mayberry Investments Limited (MIL) has advised that Mr. Dan Theoc has been appointed SVP – Investment Banking effective October 1, 2020. 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

Special Advisory: Mayberry Investments Limited (MIL)2020-10-29T15:58:10-05:00
29 10, 2020

Trade in Shares: Supreme Ventures Limited (SVL)

2020-10-29T15:30:27-05:00

October 29, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 143,031 SVL shares on October 27, 2020. 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

Trade in Shares: Supreme Ventures Limited (SVL)2020-10-29T15:30:27-05:00
29 10, 2020

U.S. unemployment claims decreased for the week ended October 24

2020-10-29T14:54:09-05:00

October 29, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 40,000 to 751,000 for the week ending October 24 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 787,000 to 791,000 up by 4,000. In comparison to the previous week’s average, the 4-week moving average was 787,750,

U.S. unemployment claims decreased for the week ended October 242020-10-29T14:54:09-05:00
29 10, 2020

Gas Price Movement- October 29, 2020

2020-10-29T13:46:07-05:00

Brent Oil Brent oil prices decreased by 11.21% or US$4.76, as prices decrease this week relative to the prior week. Oil traded on October 29, 2020 at a price of US$37.70 per barrel relative to US$42.46 on October 22, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices decreased

Gas Price Movement- October 29, 20202020-10-29T13:46:07-05:00
29 10, 2020

Overseas Headlines – October 29, 2020

2020-10-29T07:58:23-05:00

United States: U.S. Economy Expands at Record 33.1% Pace After Covid Plunge “The U.S. economy bounced back with a record yet temporary surge of growth in the third quarter as businesses reopened and stimulus cash powered consumer spending, reversing much of the collapse stemming from coronavirus-enforced lockdowns. Just as the second-quarter plunge in output was

Overseas Headlines – October 29, 20202020-10-29T07:58:23-05:00