United States: U.S. Treasury Plans a Record $112 Billion Quarterly Debt Sale “The U.S. Treasury expanded its plans for the issuance of longer-term debt in coming months, after depending mainly on shorter-dated bills to fund the federal government’s record spending surge to address the Covid-19 crisis. The department on Wednesday said it will issue a
Consumer Price Index – June 2020 The consumer price index for June 2020 was 105.2 resulting in an inflation rate of 1.4% increase when compared to previous month’s 103.8 price index, according to the Statistical Institute of Jamaica (STATIN). According to Statistical Institute of Jamaica (STATIN), this increase was as result of, ‘Food and Non-
Government Operations Results for June 2020 For the period of April to June 2020, the GOJ reported Total Revenues & Grants of $122.65 billion, $7.90 billion more than the Government’s projection. Furthermore, year over year, this represents a decrease of approximately 25.4% relative to the $153.85 billion recorded for the corresponding period in 2019. ‘Tax
United States: California Lockdown’s Job Losses Spell Trouble for the Nation “California’s second round of coronavirus-related shutdowns, among the nation’s strictest measures, are already causing pain for the most populous state’s labor market and portend a deterioration in the overall U.S. employment picture for July. When Governor Gavin Newsom announced on July 13 that indoor
August 3, 2020 Supreme Ventures Limited (SVL) has announced that Mr. Ian Moore has reached the end of his tenure as an independent Board member as per the governance policies that guide the SVL Board. After serving seven years in accordance with the company’s corporate governance guidelines, Mr. Moore has resigned from his position as
August 3, 2020 Eppley Limited (EPLY) has advised that its Board of Directors will meet on Friday, August 14, 2020 to consider the payment of an interim dividend. 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
August 3, 2020 MPC Caribbean Clean Energy Limited (MPCCEL) has advised that a connected party sold 69 MPCCEL shares on July 28, 2020. 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
August 3, 2020 Jamaica Broilers Group Limited (JBG) has advised that a Senior Manager purchased 154,422 JBG shares on July 22, 2020 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
August 3, 2020 Access Financial Services Limited (AFS) for the three months ended June 30, 2020 reported $376.70 million in total interest income, an 8% decrease relative to the $407.94 million recorded in 2019. Of this, Interest Income from Loans amounted to $374.37 million (2019: $407.75 million), while Interest Income from Securities totalled $2.34 million
United States: Fed’s Kashkari Urges Congress to Act, Suggests Fresh Lockdown “The surging U.S. savings rate means the country can afford to support Americans laid off due to the coronavirus pandemic, while a “hard” lockdown could deliver a faster economic recovery, a senior Federal Reserve official said on Sunday. Federal Reserve Bank of Minneapolis President
