16 04, 2021

Overseas Headlines -April 16, 2021

2021-04-16T08:11:23-05:00

United States: Moms Are Struggling to Break Back Into the U.S. Workforce “Even as the economy brightens with every jab in an arm, signs are emerging that resume gaps and ongoing child-care responsibilities are still holding many women back. Mothers between the ages of 25 and 54 remain out of the workforce at higher rates

15 04, 2021

U.S. unemployment claims decreased for the week ended April 10

2021-04-15T15:29:47-05:00

April 15, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 193,000 to 576,000, for the week ending April 10, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised up from 744,000 to 769,000 by 25,000. In comparison to the previous week’s average, the 4-week moving average

15 04, 2021

Special Advisory: First Rock Capital Holdings Limited (FIRSTROCK)

2021-04-15T15:01:32-05:00

April 15, 2021 First Rock Capital Holdings Limited (FIRSTROCK) has advised that the Jamaica Central Securities Depository Limited will no longer be the listed Registrar, Transfer and Capital Distribution Agent for the Company. The Company’s newly appointed Registrar, Transfer and Capital Distribution Agent will be Sagicor Bank Jamaica Limited – Registrar Services: Group Legal Trust & Corporate

15 04, 2021

Special Advisory: Proven Investments Limited (PROVEN)

2021-04-15T14:59:53-05:00

April 15, 2021 Proven Investments Limited (PROVEN) has advised that the Company has entered into a definitive agreement with Knowledge First Foundation to purchase 100% of the issued share capital of Heritage Education Funds International Inc., for an undisclosed consideration. The proposed acquisition by PROVEN is subject to regulatory authority and approvals in the various jurisdictions and

15 04, 2021

AMG reports 1% decline in six months net profits

2021-04-15T11:45:50-05:00

April 15, 2021 AMG Packaging Paper Company Limited (AMG) for the six months ended February 28, 2021 recorded turnover in the amount of $338.40 million, a decline of 7% when compared to $362.81 million the previous year. Turnover for the quarter fell 4% to total $164.54 million relative to $171.22 million the prior year’s quarter.

15 04, 2021

Overseas Headlines – April 15, 2021

2021-04-15T09:01:38-05:00

United States: Rebound in U.S. Economy Gathers Steam With Surge in Retail Sales “U.S. retail sales accelerated in March by the most in 10 months as business reopenings, increased hiring and a fresh round of stimulus checks emboldened shoppers. The value of overall sales increased 9.8% last month in a broad advance after an upwardly

14 04, 2021

PTL reports 43% decline in nine months net profit

2021-04-14T16:58:08-05:00

April 14, 2021 Paramount Trading (Jamaica) Limited recorded a 3% decline in total revenues to $1.02 billion from $1.15 billion reported in 2020. For the quarter, revenues declined 9% to close at $347.24 million (2020: $381.51 million). PTL stated that “the economic contraction continued to plague our income. However, we were able to extract a

14 04, 2021

Special Advisory: Supreme Ventures Limited (SVL)

2021-04-14T16:04:12-05:00

April 14, 2021 Supreme Ventures Limited (SVL) has advised that the Company has acquired an additional 29% shareholding interest in Posttopost Betting Limited (t/a AnyBet), bringing its total shareholding to 80%. 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

14 04, 2021

Special Advisory: Caribbean Cement Company Limited (CCC)

2021-04-14T16:03:26-05:00

April 14, 2021 Caribbean Cement Company Limited (CCC) has advised that Ms. Alysha Shepherd has been appointed Assistant Company Secretary to the Board, effective April 12, 2021. Ms. Shepherd currently serves as Group Legal Advisor of Arawak Cement Limited, a subsidiary of Trinidad Cement Limited and is a member of the Barbados Bar Association. Disclaimer: Analyst

14 04, 2021

Trade in Shares: CAC 2000 Limited (CAC)

2021-04-14T16:01:17-05:00

April 14, 2021 CAC 2000 Limited (CAC) has advised that two Directors purchased a total of 320,549 CAC shares on April 9, 2021. 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

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