4 10, 2024

Special Advisory: GraceKennedy Limited (GK)

2024-10-04T15:38:47-05:00

October 4, 2024   GraceKennedy Limited (GK) has advised that the Group CEO, Don Wehby, will be taking a temporary leave of absence to focus on his health, effective October 9, 2024. GK Group CFO, Andrew Messado, will assume responsibility for the day-to-day operations of the Company, and Mr Wehby will remain involved at the

Special Advisory: GraceKennedy Limited (GK)2024-10-04T15:38:47-05:00
4 10, 2024

Special Advisory: iCreate Limited (ICREATE)

2024-10-04T15:38:26-05:00

October 4, 2024   iCreate Limited (ICREATE) has advised of the resignation of Mr. Chadwick Bennett as Chief Financial Officer (CFO) of iCreate Limited, effective September 30, 2024. ICREATE has further advised that Mr. Andrew Wildish has been appointed as the new CFO of iCreate Limited effective October 2, 2024. For further information visit, www.jamstockex.com.  

Special Advisory: iCreate Limited (ICREATE)2024-10-04T15:38:26-05:00
4 10, 2024

U.S. unemployment rate changed little at 4.1% in September 2024

2024-10-04T12:05:23-05:00

October 4, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate changed little at 4.1 percent. Notable, job gains continued its uptrend in food services and drinking places, health care, government, social assistance, and construction. The U.S. Bureau of Labor Statistics reported

U.S. unemployment rate changed little at 4.1% in September 20242024-10-04T12:05:23-05:00
4 10, 2024

MTL reports 61% decline in year end net profit

2024-10-04T10:30:01-05:00

October 4, 2024 Margaritaville (Turks) Limited (MTL) Audited financials for the year ended May 31, 2024: Margaritaville (Turks) Limited (MTL) for the year ended May 31, 2024, reported an 8% increase in Revenue totaling US$7.84 million compared to US$7.26 million in the corresponding period last year. Revenue for the fourth quarter had a 13% increase

MTL reports 61% decline in year end net profit2024-10-04T10:30:01-05:00
4 10, 2024

Overseas Headlines – October 04, 2024

2024-10-04T09:11:05-05:00

October 04, 2024 United States: Traders Wipe Out Bets on Big Fed Cuts as Jobs Data Hits Bonds Traders slashed their bets on the pace of future Federal Reserve interest-rate cuts after September US employment data blew past estimates and signaled a robust hiring trend. The chance of a half-point rate cut in November was

Overseas Headlines – October 04, 20242024-10-04T09:11:05-05:00
3 10, 2024

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2024-10-03T15:38:12-05:00

October 3, 2024   VM Investments Limited (VMIL) has advised that in the latest report of Caribbean Information & Credit Rating Services Limited (CariCRIS), CariCRIS has reaffirmed VMIL’s overall creditworthiness ratings as, CariBBB (Regional Scale Local Currency), jmBBB+ (Jamaica National Scale Foreign Currency) and jmA- (Jamaica National Scale Local Currency). For further information visit, www.jamstockex.com.

Special Advisory: Victoria Mutual Investments Limited (VMIL)2024-10-03T15:38:12-05:00
3 10, 2024

Gross Domestic Product (GDP) grew by 0.2% for Q2 2024

2024-10-03T11:48:49-05:00

October 3, 2024 The Statistical Institute of Jamaica (STATIN) reported a 0.2% increase in Jamaica’s total value added at constant prices in the second quarter of 2024 compared to the same quarter of 2023. The performance of the economy was primarily driven by a 1.5% increase in the Goods Producing Industries, however, slightly tempered by

Gross Domestic Product (GDP) grew by 0.2% for Q2 20242024-10-03T11:48:49-05:00
3 10, 2024

Overseas Headlines – October 03, 2024

2024-10-03T08:48:29-05:00

October 03, 2024 United States: US Jobless Claims Remain Subdued, Consistent With Low Layoffs Applications for US unemployment benefits rose slightly to a level that is consistent with limited number of layoffs. Initial claims increased by 6,000 to 225,000 in the week ended Sept. 28. The median forecast in a Bloomberg survey of economists called

Overseas Headlines – October 03, 20242024-10-03T08:48:29-05:00
2 10, 2024

Special Advisory: ISP Finance Services Limited (ISP)

2024-10-02T16:25:15-05:00

October 2, 2024   ISP Finance Services Limited (ISP) has advised that Mrs. Mary-Angela Robertson has been appointed as an Independent Director effective October 1, 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

Special Advisory: ISP Finance Services Limited (ISP)2024-10-02T16:25:15-05:00
2 10, 2024

Special Advisory: PROVEN Group Limited (PROVEN)

2024-10-02T16:24:27-05:00

October 2, 2024   Proven Group Limited (PROVEN) has advised that further to the retirement of Christopher Williams, the Charter CEO of PROVEN Management Limited (PML) and co-founder of PROVEN Group Limited effective January 31, 2025, Mr. Johann Heaven has been appointed to the position of CEO of PML, effective February 1, 2025.   Disclaimer:

Special Advisory: PROVEN Group Limited (PROVEN)2024-10-02T16:24:27-05:00