February 12, 2025 The U.S. Bureau of Labor Statistics announced that the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.5% on a seasonally adjusted basis in January 2025, following a 0.4% increase in December 2024. Over the past 12 months, the all items index surged by 3.0% before seasonal adjustment. The shelter
February 12, 2025 United States: US Core Inflation Rose 0.4% in January, Topping Forecasts Underlying US inflation last month rose by more than forecast, supporting the Federal Reserve’s cautious approach to lowering interest rates. The so-called core consumer price index — which excludes food and energy costs — increased 0.4% in January after
February 11, 2025 LASCO Distributors Limited (LASD) Unaudited Financials for the Nine Months Ended December 31, 2024: LASCO Distributors Limited (LASD) reported a 4% increase in revenue, totalling $22.70 billion for the nine months ended December 31, 2024, compared to $21.86 billion in the corresponding period last year. Revenue for the third quarter increased by
February 11, 2025 Massy Holdings Ltd. (MASSY) has advised that its Board of Directors has approved a long-term financing package amongst the Company, its wholly owned subsidiary, Massy Integrated Retail Ltd. and the Inter- American Investment Corporation (IDB Invest). Massy has further advised that the financing package with IDB Invest secures up to US$150
February 11, 2025 GraceKennedy Limited (GK) has advised of the following key leadership changes to take effect in 2025 as part of the Company’s succession plan: Andrea Coy will assume the role of CEO of GraceKennedy Foods effective February 14, 2025. Grace Burnett will retire as CEO of the GraceKennedy Financial Group (GKFG), effective
February 11, 2025 Dolla Financial Services Limited (DOLLA) has declared an interim dividend of J$0.012 per share payable on April 11, 2025, to shareholders on record as at March 28, 2025. The ex-dividend date is March 28, 2025. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal
February 11, 2025 Mexico's inflationary environment is expected to allow policymakers to continue cutting the benchmark interest rate, according to the head of the Bank of Mexico. Banxico, as the Mexican central bank is known, reduced the key rate by 50 basis points to 9.50% on Thursday, doubling the 25-basis-point cuts it had made since
February 11, 2025 United States: US Small-Business Optimism Retreats From Highest Since 2018 US small-business optimism declined in January from a more than six-year high and a gauge of uncertainty climbed as companies weighed Trump administration policies and the Federal Reserve’s pause on interest-rate cuts. The National Federation of Independent Business optimism index fell 2.3
February 10, 2025 Dolla Financial Services Limited(Dolla) Unaudited financials for the twelve months ended December 31, 2024: Dolla Financial Services Limited (Dolla) reported a 31% increase in interest income totaling $1.54 billion for the twelve months ending December 31, 2024, compared to $1.17 billion in the corresponding period last year. Interest Income for the fourth
February 10, 2025 LASCO Financial Services Limited (LASF) for the nine months ended December 31, 2024, reported a 6% decrease in Income totaling $1.51 billion compared to $1.60 billion in the corresponding period last year. Income for the third quarter had a 6% decrease to close at $492.61 million compared to $525.17 million for the
