July 8, 2024 United States: Strategists Say Stock Rally Needs a Bumper US Earnings Season Corporate America needs to deliver a blowout quarterly earnings season for US stocks to extend a record-breaking rally, according to some Wall Street strategists. Analysts’ upgrades to profit estimates have outnumbered downgrades going into the second-quarter reporting period, according to
July 5, 2024 Supreme Ventures Limited (SVL) has advised that Mrs. Clair-Ann Kennedy, the CEO of Supreme Ventures Services Limited (SVSL) and Ibet SV Ghana resigned effective June 30, 2024. SVL has further advised that in the interim, Ms. Krista-Gaye Fisher SVP Legal, Regulatory and Compliance will assume the responsibilities of CEO for SVSL.
July 5, 2024 Sygnus Credit Investments Limited (SCI) has advised that during the period June 26 to 28, 2024, a total of 2,502,568 SCIJMD shares were purchased, as part of the Company’s Share Buy-Back Programme. Disclaimer: Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments
July 5, 2024 Lumber Depot Limited (LUMBER) Audited financials for the twelve months ended April 30, 2024: Lumber Depot Limited (LUMBER), for the twelve months ending April 30, 2024, reported a 0.09% decrease in revenue totalling $1.521 billion compared to $1.522 billion in the corresponding period last year. Cost of Sales amounted to $1.21
July 5, 2024 The Jamaica Observer highlighted, Finance Minister Dr. Nigel Clarke announced that Jamaica will utilize the Contingency Fund and Natural Disaster Fund, totaling $4.5 billion, to finance recovery efforts following Hurricane Beryl. Despite the hurricane not making landfall, significant damage occurred. Clarke highlighted Jamaica's proactive multi-layered financial strategy, which includes these funds, contingent
July 5, 2024 The International Monetary Fund (IMF) concluded its Article IV consultation with Dominica on May 31, 2024. The Dominican economy has rebounded strongly, with real GDP growth of 5.6% in 2022 and an estimated 4.7% in 2023, primarily due to tourism recovery and Citizenship by Investment (CBI) revenues. Inflation dropped significantly from 9.75%
July 5, 2024 United States: US Payroll Growth Slows and Jobless Rate Ticks Up to 4.1% US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months. Nonfarm payrolls rose by 206,000
July 4, 2024 United States: US-Led Debt Increase Across G-7 Stokes S&P and Scope Concerns Relentlessly rising debt in the US and rich-world peers was highlighted by two credit-assessment companies, with S&P Global Ratings warning that only acute market pressure can alter the trajectory. The analyses of Group of Seven and equivalent economies intensifies the
July 2, 2024 Supreme Ventures Limited (SVL) has advised that on June 28, 2024, a connected party purchased 1,455,006 SVL shares. Disclaimer: Company Disclosure - The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,
July 2, 2024 Express Catering Limited (ECL) has advised that a connected party sold 5,000,000 ECL shares on June 28, 2024. 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
