United States: U.S. Economic Recovery Is Stalling and It May Get Even Worse “The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again. Despite assurances from the Trump administration that better times are at hand, the worsening pandemic is restraining or even snuffing out the
July 24, 2020 Seprod Limited (SEP), for the six months ended June 30, 2020, revenue totalled $18.61 billion compared to the $16.60 billion recorded for the same period of the prior financial year; this represents a 12% increase year over year. Revenue for the quarter totalled $9.47 billion an 18% increase relative to $8.01 billion
July 23, 2020 The seasonally adjusted initial claims, advance estimate, rose to 1,416,000, an increase of 109,000 for the week ending July 18 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,307,000 from 1,300,000 up by 7,000. In comparison to the previous week’s average,
The euro area first quarter of 2020 debt to GDP ratio increased 86.3%, relative to 84.1% booked at the end of 2019’s fourth quarter. Whereas, the EU debt to GDP increased 79.5% for the first quarter from 77.7% booked at the end of 2019 fourth quarter, published by the Eurostat. Additionally, in comparison to 2019
July 23, 2020 FosRich Corporation Limited (FOSRICH) has advised that the Company has signed a 4-year renewable contract with the Jamaica Public Service Company Limited (JPS), to repair over one thousand (1,000) transformers annually, of the approximately forty-thousand (40,000) transformers now used in their power distribution system. FOSRICH will repair and certify these transformers to
July 23, 2020 Blue Power Group Limited (BPOW) has declared a dividend of 1.4 cents ($0.014) per share payable on August 28, 2020 to shareholders on record as at August 10, 2020. The ex-dividend date is August 7, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
July 23, 2020 Jamaica Broilers Group Limited (JBG) has advised that two Directors and a Senior Manager purchased a total of 1,829,512 JBG shares on July 20, 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
July 23, 2020 LAB has aimed to establish itself as a leader and innovator as the Company delivered great results for FY2019 after listing on the Junior Market of the Jamaica Stock Exchange in July 2019. The CEO and Founder of The LAB, Kimala Bennett spoke to the financial performance of the Company. The LAB recorded revenues
Brent Oil Brent oil prices increased by 1.25% or US$0.54, as prices rose this week relative to the prior week. Oil traded on July 23, 2020 at a price of US$43.91 per barrel relative to US$43.37 on July 16, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices decreased
July 23, 2020 Click below for press release: Caribbean-Producers-Jamaica-Limited-CPJ-Report-to-Shareholders-on-COVID-19-Response-1 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 research analyst (s) also certify that no part of their compensation was,
