September 3, 2020 The seasonally adjusted initial claims, advance estimate, fell to 881,000, a decrease of 130,000 for the week ending August 29 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,011,000 from 1,006,000 up by 5,000. In comparison to the previous week’s average, the 4-week
September 3, 2020 United States: U.S. Trade Deficit Swelled to Biggest Since 2008 in July “The U.S. trade deficit swelled to the widest in 12 years in July, with the surplus on services plunging to the lowest since 2012, pointing to a bumpy economic recovery ahead. The overall gap of goods and services expanded to
September 2, 2020 Salada Foods Jamaica Limited (SALF) has advised that on August 31, 2020, the Company filed in the Supreme Court of Judicature of Jamaica (the Court) an urgent application against the Jamaica Agricultural Commodities Regulatory Authority (JACRA) for, among other things, leave to apply for judicial review to seek orders of certiorari and
September 2, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 74,310 MJE shares during the period August 28 to 31, 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
September 2, 2020 Key Insurance Company Limited (KEY) has advised that at a meeting of the Board of Directors scheduled to be held on September 8, 2020, the Directors will consider and, if thought fit, recommend a Rights Issue to the ordinary shareholders of the Company. Analyst Certification -The views expressed in this research report accurately reflect
September 2, 2020 Daily Market Summary 2.09.2020 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 research analyst (s) also certify that no part of their compensation was, is, or
September 02, 2020 Unemployment rates trended upward for the month of July in all 389 metropolitan states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), “a total of 7 areas had jobless rates of less than 10.0 %, and 16 areas had rates of at least 20.0%.” Non-farm payroll employment fell in
September 2, 2020 Government Operations Results for July 2020 For the period of April to July 2020, the GOJ reported Total Revenues & Grants of $161.75 billion, $9.61 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 5.1% relative to the $153.85 billion recorded for the corresponding period
September 2, 2020 United States: U.S. Firms Add Fewer Jobs Than Forecast in August, ADP Data Show “U.S. companies added fewer jobs than expected in August, suggesting the labor market rebound remains gradual, with employment well below pre-pandemic levels. Businesses’ payrolls increased by 428,000 after an upwardly revised 212,000 in July, according to ADP
September 1, 2020 Ms. Joana A. Banks, Senior Vice President New Business Development & Strategy, commented on the financial performance of the Company. Property income moved from $1.48 billion 2015 to $2.23 billion in 2019 with corresponding occupancy levels increasing from 83% to 96% in 2019. PanJam Investment Limited (PJAM) for the year ended December
