For the nine months ended June 30, 2020, Barita Investments Limited (BIL) recorded a 91% increase in net interest income, amounting to $836.55 million relative to $436.90 million for the comparable period in 2019. Net interest income for the quarter closed at $296.46 million, 64% above the $180.48 million reported for the prior year’s corresponding
August 7, 2020 Sagicor Group Jamaica Limited (SJ), for the six months ended June 30, 2020, reported that Total Revenues decreased by 9% to $38.85 billion from $42.59 billion in 2019, while for the second quarter, Total Revenues declined 2% to total $22.04 billion compared to $22.47 billion in 2019. Total revenue year to date was
August 10, 2020 weekly Picks 10.08.2020 WIG 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 the date of this report. Each research analyst (s) also certify that no part of their compensation was, is,
United States: Sharp, Short U.S. Recession Giving Way to Longer-Term Scarring “The pandemic-induced downturn initially had hints of being the sharpest but shortest U.S. recession on record. Now there are increasing signs of economic scarring that resemble past slumps. Beneath a headline number showing a better-than-expected gain in July jobs, the government’s employment report contained
August 07, 2020 The Limners and Bards Limited (LAB) has advised that, effective August 4, 2020, Ms. Tashara Lee Johnson has been appointed to the position of Chief Operating Officer. In this role, Ms. Johnson will oversee business operations, drive organizational efficiencies, and support growth initiatives. Ms. Johnson will report to the Chief Executive Officer. Disclaimer: Analyst
August 07, 2020 Barita Investments Limited (BIL) has declared an interim dividend of $2.216 per share payable on October 7, 2020 to shareholders on record as at September 22, 2020. The ex-dividend date is September 21, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
August 7, 2020 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that at a Board of Directors’ meeting scheduled to be held on Friday, August 14, 2020, an interim dividend payment will be considered. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
Brent Oil Brent oil prices increased by 5.01% or US$2.15, as prices rose this week relative to the prior week. Oil traded on August 6, 2020 at a price of US$45.09 per barrel relative to US$42.94 on July 30, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices decreased
August 7, 2020 The seasonally adjusted initial claims, advance estimate, fell to 1,186,000, a decrease of 249,000 for the week ending August 1 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,435,000 from 1,434,000 up by 1,000. In comparison to the previous week’s average, the 4-week moving average was 1,337,750,
United States: Job Growth Tops Estimates, Signaling U.S. Rebound Is Grinding On “The U.S. labor market continued to regain ground in July, though at a slower pace, indicating the economic rebound is still making headway despite a surge in coronavirus infections. Payrolls increased by 1.76 million in July, beating estimates for a 1.48 million gain
