1 10, 2020

Overseas Headlines – October 1, 2020

2020-10-01T08:28:03-05:00

United Sates: U.S. Jobless Claims Drop While Remaining Above Pre-Virus Level “Fewer Americans than expected sought unemployment benefits last week, as the slow labor-market recovery grinds on while businesses contend with an increase in coronavirus cases. Initial jobless claims in regular state programs decreased by 36,000 to 837,000 in the week ended Sept. 26, Labor

30 09, 2020

Special Advisory: Jamaica Broilers Group Limited (JBG)

2020-09-30T17:23:04-05:00

September 30, 2020 Jamaica Broilers Group Limited (JBG) has advised that Mr. Aubyn Hill has tendered his resignation as a Director of the Company effective September 24, 2020. JBG has further advised that the resignation of Mr. Aubyn Hill, Chairman of the Audit Committee, is not due to any disagreement in respect of accounting principles or practices,

30 09, 2020

Special Advisory: The Palace Amusement Company (1921) Limited (PAL)

2020-09-30T17:21:56-05:00

September 30, 2020 The Palace Amusement Company (1921) Limited (PAL) has advised that, given the impact of the COVID-19 pandemic and the continued restrictions placed on operators in the entertainment industry, effective Wednesday, September 30, 2020, the Palace Cineplex and Palace Multiplex will close indefinitely. For further information, please visit www.jamstockex.com Analyst Certification -The views expressed in this

30 09, 2020

Dividend Declaration:  Fontana Limited (FTNA)

2020-09-30T17:20:29-05:00

September 30, 2020 Fontana Limited (FTNA) has advised that at a Special Board of Directors’ meeting held on September 29, 2020, it was declared that an interim dividend of 8 cents ($0.08) per share as the final dividend for the year ended June 30, 2020 will be paid on November 25, 2020 to shareholders registered at

30 09, 2020

Trade in Shares: PanJam Investment Limited (PJAM)

2020-09-30T17:18:55-05:00

September 30, 2020 PanJam Investment Limited (PJAM) has advised that 11,069 PJAM shares were transferred to a Director on September 29, 2020, in lieu of directors’ fees. 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

30 09, 2020

Trade in Shares: MPC Caribbean Clean Energy Limited (MPCCEL)

2020-09-30T17:19:18-05:00

September 30, 2020 MPC Caribbean Clean Energy Limited (MPCCEL) has advised that a connected party sold 1,000 MPCCEL shares on September 29, 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

30 09, 2020

August’s Jobless rates up in 387 metro areas and down in 2

2020-09-30T15:36:47-05:00

September 30, 2020 Unemployment rates trended upward for the month of August in 387 of the 389 metropolitan areas and lower in 2 states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), “a total of 37 areas had jobless rates of less than 5.0 percent and 6 areas had rates of at

30 09, 2020

Financial Institutions and Eastern Caribbean Central Bank Offer Extended Support to Customers

2020-09-30T13:13:47-05:00

September 30, 2020 The Eastern Caribbean Central Bank (ECCB) and the ECCU Bankers’ Association have carefully reviewed the current circumstances in relation to the ongoing COVID-19 pandemic and have revised their support programme to help reduce the anxiety that some customers and residents continue to experience over the loss of income due to the pandemic.

30 09, 2020

Derrimon Shareholders Approve $4.8-Billion APO

2020-09-30T08:27:26-05:00

September 30, 2020 The way is now clear for Derrimon Trading Limited to approach the equities market with another public offering (APO) of shares to raise what is believed to be as much as $4.8 billion. This following last Friday's (September 25) approval by shareholders of four resolutions at the company's annual general meeting (AGM)

30 09, 2020

Overseas Headlines – September 30, 2020

2020-09-30T08:04:33-05:00

United States: U.S. Firms Added 749,000 Jobs in September, ADP Report Show “U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic. Businesses’ payrolls increased after an upwardly revised 481,000 rise in August, according to ADP

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