May 08, 2020 Mailpac Group Limited (MAILPAC) has advised that Mrs. Toni Whitehorne, Chief Operations Officer, has resigned effective May 8, 2020. Mrs. Whitehorne’s role has been absorbed by Ms. Samantha Ray, who is the Chief Operations Officer of Mailpac Services and who will now manage all operational teams across the entire group. Analyst Certification -The views expressed
May 08, 2020 Kingston Wharves Limited (KW) has advised of the following appointments and retirement to the Company’s Board and Board Committees effective May 7, 2020: Appointments: Mr. Mark Williams, Chief Executive Officer, was appointed to the Board as Executive Director Mrs. Kathleen Moss was appointed Chairman of the Audit Committee Mr. Grantley Stephenson was appointed Chairman
May 08, 2020 Dear Shareholder: By now you would realize that the COVID-19 pandemic has had an unprecedented effect on our global economy. The Caribbean and the Turks and Caicos Islands In particular has been no different. ur thoughts remain with the communities and individuals, including frontline healthcare workers who have been directly affected by
May 8, 2020 Net International Reserves- April 2020 Jamaica’s Net International Reserves (NIR) totaled US$3,132.65 million as at April 2020, reflecting an decrease of US$105.02 million relative to the US$3,237.67 million reported as at the end of March 2020 (see figure 1). Changes in the NIR resulted from an decrease in Foreign Assets of US$106.77
United States: U.S. Jobless Rate Triples to 14.7% in Sharpest Labor Downturn “In the harshest downturn for American workers in U.S. history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%. Back in February, before the coronavirus pandemic brought the U.S. economy to a standstill, the
May 07, 2020 GraceKennedy Limited (GK) has advised that the Board of Directors will on Thursday, May 14, 2020 consider a resolution for the declaration of an interim dividend to be paid in June 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
May 07, 2020 Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Makeba Bennett-Easy has been appointed in the role, Vice President HR Business Partner, Corporate HR, The Bank of Nova Scotia Jamaica Limited, effective April 6, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
May 07, 2020 Lasco Financial Services Limited (LASF) has advised that Mr. Kenneth Sylvester has resigned from the Board of Directors to facilitate the intended appointment of Mr. Colin Maxwell as a board member. Mr. Sylvester’s resignation took effect on April 28, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal
For the nine months ended March 31, 2020, Pulse Investment Limited (PULS) recorded operating revenue of $475.08 million, up 38% from the $345.32 million reported in 2019, while operating revenue for the three months ended March 31, 2020 was up 50% to close at $162.60 million (2019: $108.24 million). Administrative and other expenses grew by
May 7, 2020 Brent Oil Brent oil prices increased by 21.49% or US$5.43, as prices rose this week relative to the prior week. Oil traded on May 07, 2020 at a price of US$30.70 per barrel relative to US$25.27 on April 30, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
