August 17, 2022 United States: US Stocks Slide on Fed Worries as Yields Climb: Markets Wrap US stocks fell as concerns over the Federal Reserve’s aggressive rate-hike path weighed on risk sentiment. Treasury yields jumped and the dollar rose. The S&P 500 Index slid 0.8% after the equity benchmark posted modest gains Tuesday amid
August 16, 2022 Sterling Investments Limited (SIL) has advised that the directors approved a dividend of US$0.000643 per share payable on September 20, 2022 to shareholders on record as at August 30, 2022. The ex-dividend date is August 29, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of
August 16, 2022 Eppley Caribbean Property Fund Limited SCC (CPFV) Revised: CPFV has advised that at a meeting on August 12, 2022, an ordinary dividend of 0.15 Barbados cents (Bds$0.0015) per share was declared. Payment will be made on September 15, 2022 to all shareholders on record at August 30, 2022. The ex-dividend date is August
August 16, 2022 PanJam Investment Limited (PJAM) has advised that a connected party purchased 4,375 shares on August 15, 2022. 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
August 16, 2022 Dolla Financial Services Limited (DOLLA) has advised that it wrote an expression of interest letter to the Board of Directors of Access Financial Services Limited (“Access”) dated August 11, 2022. The said letter was a non-binding expression of interest to enter preliminary discussions to explore the take-over of Access. DOLLA awaits a response from
August 16, 2022 Sagicor Group Jamaica Limited (SJ) has advised that its subsidiary, Sagicor Investments Jamaica Limited has completed the purchase of the securities dealer book of business of Alliance Investment Management Limited (AIML), having satisfactorily completed all due diligence and regulatory requirements. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the
August 16, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 12, 2022, was J$16.44. MJE’s last traded price on August 12, 2022, was $14.09. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
August 16, 2022 iCreate Limited (ICREATE) for the six months ended June 30, 2022 reported revenues of $80.89 million, 239% up from $23.86 million reported a year ago. For the quarter, ICREATE posted revenue of $34.50 million (2021: $15.44 million). Management noted, “this strong performance was positively impacted by a mix of new business clients as well
August 16, 2022 GENAC for the six months ended June 30, 2022, reported Gross premium written of $9.83 billion, 29% higher than the $7.64 billion reported for 2021. Reinsurance ceded rose 34% to close at $8.06 billion relative to $6.01 billion booked in 2021. Excess of loss reinsurance trended upwards by 26% to $130.35 million (2021:
August 16, 2022 Edufocal Limited (LEARN) For the six months ended June 30, 2022:- Edufocal Limited (LEARN), for the six months ended June 30, 2022, recorded revenue of $133 million, 164% more than the $50.40 million reported in the previous corresponding period. Revenue for the quarter increased 329% to $72.08 million (2021: $16.80 million). LEARN noted, “EduFocal
