26 02, 2025

Euro area annual inflation up to 2.5% in January 2025

2025-02-26T15:48:44-05:00

February 26, 2025 The euro area’s annual inflation rate was 2.5% in January 2025, up from 2.4% in December. A year ago, the rate was 2.8%. Annual inflation in the European Union rose to 2.8% in January 2025, from 2.7% in December. A year earlier, the rate was 3.1%.   Denmark had the lowest yearly rates (1.4%), followed by Italy (1.4%), Finland

Euro area annual inflation up to 2.5% in January 20252025-02-26T15:48:44-05:00
26 02, 2025

Overseas Headlines – February 26, 2025

2025-02-26T09:02:09-05:00

February 26, 2025 United States: US Mortgage Rates Decline to 6.88%, Lowest Level This Year   US mortgage rates dropped last week to the lowest level this year, but not enough to spur a rebound lending activity.   The contract rate on a 30-year mortgage declined 5 basis points to 6.88% in the week ended

Overseas Headlines – February 26, 20252025-02-26T09:02:09-05:00
25 02, 2025

Special Advisory: Key Insurance Company Limited (KEY)

2025-02-25T16:25:17-05:00

February 25, 2025   Key Insurance Company Limited (KEY) has advised of the following changes to its Board of Directors: Mr. Don Wehby has retired from his position as a Director of the Company, effective February 14, 2025. Ms. Rochelle Cameron has been appointed as the new Chairman of the Company, effective immediately.   Disclaimer:

Special Advisory: Key Insurance Company Limited (KEY)2025-02-25T16:25:17-05:00
25 02, 2025

Dividend Declaration: PanJam Investment Limited (PJAM)

2025-02-25T16:24:40-05:00

February 25, 2025   Pan Jamaica Group Limited (PJAM) has declared a final dividend of $0.21 per share payable on March 31, 2025, to shareholders on record as at March 12, 2025. The ex-dividend date is March 12, 2025.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal

Dividend Declaration: PanJam Investment Limited (PJAM)2025-02-25T16:24:40-05:00
25 02, 2025

Dividend Declaration: Carreras Limited (CAR)

2025-02-25T16:24:10-05:00

February 25, 2025   Carreras Limited (CAR) has declared an interim dividend of $0.54 per share payable on April 3, 2025, to shareholders on record as at March 11, 2025. The ex-dividend date is March 11, 2025.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments

Dividend Declaration: Carreras Limited (CAR)2025-02-25T16:24:10-05:00
25 02, 2025

Fitch Affirms Jamaica’s BB- Rating with Positive Outlook

2025-02-25T12:28:55-05:00

February 25, 2025 Prime Minister Andrew Holness has welcomed the latest Fitch Ratings, which affirmed Jamaica’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’, with the outlook remaining positive. “Jamaica’s BB- ratings reflect stronger governance than the peer median. What does that mean? It means Jamaica’s management is better than countries in its peer group.

Fitch Affirms Jamaica’s BB- Rating with Positive Outlook2025-02-25T12:28:55-05:00
25 02, 2025

LEARN reports year end net loss of $57.97 million

2025-02-25T11:14:15-05:00

February 25, 2025   EduFocal Limited (LEARN) Unaudited financials for the twelve months ended December 31, 2024: EduFocal Limited (LEARN) for the twelve months ended December 31, 2024 reported a 63% decrease in Revenue totaling $97.17 million compared to $263.54 million in the corresponding period last year. Revenue for the fourth quarter had a 25%

LEARN reports year end net loss of $57.97 million2025-02-25T11:14:15-05:00
25 02, 2025

Overseas Headlines – February 25, 2025

2025-02-25T09:07:03-05:00

February 25, 2025 United States: US 10-Year Yield Hits 2025 Low as Traders Boost Rate-Cut Bets   Treasuries rallied as traders boosted bets on Federal Reserve interest-rate cuts, with US President Donald Trump’s tariff plans weighing on risk appetite.   Yields on 10-year US bonds fell as much as seven basis points to 4.33%, the

Overseas Headlines – February 25, 20252025-02-25T09:07:03-05:00
25 02, 2025

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 21, 2025

2025-02-25T08:58:21-05:00

February 24, 2025 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 21, 2025, was J$11.95. MJE’s closing price on February 21, 2025 was $9.60. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report accurately

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 21, 20252025-02-25T08:58:21-05:00
24 02, 2025

BASIS OF ALLOTMENT FOR THE TAKE-OVER BID OFFER ISSUED BY A.S. BRYDEN & SONS HOLDINGS LIMITED TO PURCHASE SHARES IN CARIBBEAN PRODUCERS (JAMAICA) LIMITED

2025-02-24T16:34:44-05:00

February 24, 2025   Kingston: Mayberry Investments Limited (“Mayberry”), acting as the broker for the take-over bid of up to 51,782,469 ordinary shares (the “Shares”) in Caribbean Producers Jamaica Limited (the “Company”), made subject to a take-over bid offer circular dated 9 January 2024 (the “Circular”), announces that the basis of allotment for the Shares

BASIS OF ALLOTMENT FOR THE TAKE-OVER BID OFFER ISSUED BY A.S. BRYDEN & SONS HOLDINGS LIMITED TO PURCHASE SHARES IN CARIBBEAN PRODUCERS (JAMAICA) LIMITED2025-02-24T16:34:44-05:00