August 14, 202 Radio Jamaica Limited (RJR), revenue for the first three months ended June 30, 2020, decreased by 22% from $1.36 billion in 2019 to $1.06 billion. RJR stated that this was “largely experienced in the Print and Audio segments of the business heavily impacted by the onslaught of the COVID-19 pandemic.” However, “revenue
August 14, 2020 Sagicor Group Jamaica Limited (SJ) has advised that 11,000 SJ shares were transferred to eligible employees of the Company on August 11, 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 issuer (s)
August 14, 2020 Supreme Ventures Limited (SVL) has advised that its registered office address and principal place of business has changed from 4thFloor, R Danny Williams Building, 28-48 Barbados Avenue, Kingston 5, to 9a Retirement Crescent, Kingston 5 effective June 30, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views
August 14, 2020 Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) has advised that dividend payments on the Series A -7.35% Variable Rate JMD Deferred Shares due 2023 (the Deferred Shares) will be made on the 15th day of each month to shareholders on record as at the 28th day of the prior month. If the 15th
August 14, 2020 The seasonally adjusted initial claims, advance estimate, fell to 963,000, a decrease of 228,000 for the week ending August 8 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,191,000 from 1,186,000 up by 5,000. In comparison to the previous week’s average, the 4-week moving average was 1,252,750,
August 14, 2020 Stanley Motta Limited (SML), for the six months ended June 30, 2020 booked a 9% increase in revenue to total $224.87 million compared to $206.20 million for the same period in 2019. Revenue for the quarter amounted to $112.85 million compared to $103.57 million booked in 2019. SML noted, “These increases
August 14, 2020 Carreras Limited, for the three months ended June 30, 2020, reported Operating Revenue of $2.70 billion, a 22% decrease relative to $3.46 billion booked in 2019. Cost of Operating Revenue also declined year over year by 21%, amounting to $1.37 billion from $1.73 billion. As such, Gross Operating Profit fell by 23% to
August 14, 2020 138 Student Living (138SL), for the nine months ended June 30, 2020, reported a 53% increase in Income to $996.51 million relative to the $651.16 million recorded for the corresponding nine months period the prior year. Other operating income also increased for the period under review, growing 225% to $90.32 million relative
August 14, 2020 Productive Business Solutions Limited (PBS) for the six months ended June 30, 2020 reported a 14% decrease in revenues from US$85.08 million for the 2019 period to US$73.17 million in 2020. For the quarter, revenues decreased 25% to total US$31.26 million relative to US$41.53 million the prior corresponding quarter. PBS noted that, “the
United States: Rebound in U.S. Retail Sales Slowed in July Amid Virus’s Surge “The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery. The value of retail purchases increased 1.2% from the prior month after an upwardly revised 8.4%
