8 02, 2024

LASM reports 25% increase in nine months net profit

2024-02-08T16:45:02-05:00

February 8, 2024 LASCO Manufacturing Limited (LASM) for the nine months ended December 31, 2023, reported an 11% increase in Revenue totaling $9.24 billion compared to $8.33 billion in the corresponding period last year. Revenue for the third quarter had a 13% increase to close at $3.22 billion compared to $2.86 billion for the comparable quarter

LASM reports 25% increase in nine months net profit2024-02-08T16:45:02-05:00
8 02, 2024

Gas Price Movement – February 8, 2024

2024-02-08T10:38:05-05:00

February 8, 2024   Gas Price Movement - February 8, 2024   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 report. Each research analyst (s) also certify that no

Gas Price Movement – February 8, 20242024-02-08T10:38:05-05:00
8 02, 2024

Germany’s employment grew slightly in December 2023

2024-02-08T10:35:06-05:00

February 8, 2024   Employment in Germany returned to its positive trend in the fourth quarter of 2023, according to the Federal Statistical Office (Destatis). After experiencing seasonally adjusted declines in August and September, the number of employed persons rose in October (by 13,000), November (by 24,000) and slightly in December (by 23,000 or 0.1%),

Germany’s employment grew slightly in December 20232024-02-08T10:35:06-05:00
8 02, 2024

Inflation is expected to stay elevated for an extended duration

2024-02-08T10:07:49-05:00

February 8, 2024 Bank of Jamaica (BOJ) Governor Richard Byles has noted a significant reduction in inflation in Jamaica over the past two years, primarily driven by a decline in energy prices. Despite these gains, Byles emphasized that the battle to contain inflation is not yet won. He anticipates that inflation may exceed the target

Inflation is expected to stay elevated for an extended duration2024-02-08T10:07:49-05:00
8 02, 2024

Overseas Headlines – February 8, 2024

2024-02-08T08:48:47-05:00

February 8, 2024   United States: Risk of Big US Inflation Revision Puts Policymakers, Investors on Edge Mention the government’s annual revisions to seasonal adjustment factors for monthly inflation data and you’re likely to make eyes glaze over, even among hardcore economics nerds. Not this year. Economists on Wall Street and in Washington will be

Overseas Headlines – February 8, 20242024-02-08T08:48:47-05:00
7 02, 2024

Germany’s inflation rate expected to rise by 0.2% for January 2024

2024-02-07T10:54:04-05:00

February 7, 2024   According to the Federal Statistical Office (Destatis), Germany is expected to experience the lowest inflation level since June 2021 (+2.4%). The inflation rate in January 2024 is anticipated to be +2.9% relative to January 2023. The inflation rate in December 2023 was +3.7%. Based on data provided so far, Destatis predicts

Germany’s inflation rate expected to rise by 0.2% for January 20242024-02-07T10:54:04-05:00
7 02, 2024

Overseas Headlines – February 7, 2024

2024-02-07T10:48:22-05:00

February 7, 2024   United States: Fed’s Harker Says US Nearing Soft Landing as Inflation Falls Federal Reserve Bank of Philadelphia President Patrick Harker said a soft landing for the US economy is in sight, pointing to falling inflation and a still-strong labor market. “The data point to continued disinflation, to labor markets coming into

Overseas Headlines – February 7, 20242024-02-07T10:48:22-05:00
6 02, 2024

U.S. unemployment rate was unchanged at 3.7% in January 2024

2024-02-06T16:01:52-05:00

February 6, 2024 In January, the U.S. Bureau of Labor Statistics announced a notable increase in total nonfarm payroll employment, rising by 353,000. Despite this growth, the unemployment rate held steady at 3.7 percent. Key sectors experiencing job gains included professional and business services, health care, retail trade, and social assistance. However, there was a

U.S. unemployment rate was unchanged at 3.7% in January 20242024-02-06T16:01:52-05:00
6 02, 2024

DOLLA reports 49% increase in year end net profit

2024-04-03T10:31:37-05:00

April 3, 2024 Dolla Financial Services Limited (DOLLA) Audited financials for the twelve months ended December 31, 2023: Dolla Financial Services Limited (DOLLA) for the twelve months ended December 31, 2023, reported a 58% increase in Interest Income totalling $1.17 billion compared to $739.74 million in the corresponding period last year. Interest Income for the

DOLLA reports 49% increase in year end net profit2024-04-03T10:31:37-05:00
6 02, 2024

Overseas Headlines – February 6, 2024

2024-02-06T08:48:41-05:00

February 6, 2024   United States: Early Wall Street Bank to Predict a US Recession Scraps Its Call Deutsche Bank AG was the among the first Wall Street banks out of the gates to predict a US recession. Nearly two years later, it’s walking back its call. The economy performed as well as could be

Overseas Headlines – February 6, 20242024-02-06T08:48:41-05:00