United States: Inflation Jeopardizes the Fed’s Goal for Inclusive Employment “Broad-based and inclusive.” That’s how officials at the Federal Reserve have taken to describing the maximum employment mandate Congress handed the central bank in 1977. The addition of those modifiers is a shift that came about as part of a 20-month review of the Fed’s
December 13, 2021 GraceKennedy Limited (GK) has advised that Mr. Peter Moses, having reached the retirement age for Board members, will be retiring from the Board of Directors of the Company effective December 13, 2021, in accordance with the Company’s Articles. Mr. Moses will continue to serve in his capacity as Chairman of the Board
December 13, 2021 Salada Foods Jamaica Limited (SALF) has advised that effective October 1, 2021, the business operations of Mountain Peak Foods Processors Limited (MPFP), a wholly owned subsidiary of SALF, as a going concern, including all MPFP’s assets and liabilities, will be transferred to SALF. The Board of SALF does not expect the transfer
December 13, 2021 Mayberry Investments Limited (MIL) has advised that on December 3, 2021, a connected party purchased 200,153 MIL shares and two Senior Managers sold a total of 193,334 MIL shares. MIL has also advised that a connected party purchased 40,926 MIL shares on December 6, 2021. Disclaimer: Analyst Certification -The views expressed in this
December 13, 2021 Wisynco Group Limited (WISYNCO) has advised that a connected party sold a total of 273,203 WISYNCO shares during the period December 6 to 10, 2021. 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
December 13, 2021 Scotia Group Jamaica Limited (SGJ) has also declared a dividend of 35 cents ($0.35) per stock unit payable on January 21, 2022, to stockholders on record as of December 30, 2021. The ex-dividend date is December 29, 2021. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views
December 13, 2021 Tropical Battery Company Limited (TROPICAL) has advised that a dividend payment will be considered at a Board of Directors’ meeting to be held on December 20, 2021. 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
December 13, 2021 K.L.E. Group Limited (KLE), for the nine months ended September 30, 2021 reported revenues of $117.83 million, relative to $107.85 million last year, a 9% increase. For the third quarter, revenue totalled $45.52 million, relative to $27.41 million last year, a 66% increase. Cost of sales rose by 10% to $36.41 million
December 13, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of December 13, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, over five million people had died after contracting the respiratory virus. Cases now stand at 270,678,636 globally.
December 13, 2021 For the year ended October 31 ,2020 Scotia Group Jamaica Limited’s (SGJ) net interest income declined 9% to amount to $22.71 billion, relative to $24.86 billion for the corresponding period in 2020, while interest expenses declined by 22% to total $1.86 billion (2020: $2.37 billion). Interest income for the year decreased from $27.23 billion in 2020 to
