July 29, 2022 Sagicor Real Estate X Fund Limited (XFUND) has advised that consequent on Mr. Christopher Zacca’s resignation as Board Chairman, the Board has appointed Mr. Vinay Walia as Board Chairman with effect from August 1, 2022. Mr. Zacca will however continue to serve as a member of the Board. The Board has also approved
July 29, 2022 GraceKennedy Limited (GK) has advised of the appointment of Mrs. Vanessa Rizzioli to the Board and as a member of the Corporate Governance & Nomination Committee effective July 28, 2022. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
July 29, 2022 United States: JetBlue’s $3.8 Billion Spirit Deal Faces Tricky Antitrust Review JetBlue Airways Corp. already overcame one adversary in its battle to acquire Spirit Airlines Inc. Now it faces an even bigger fight. The $3.8 billion merger must undergo a rigorous antitrust review that analysts say could lead to significant divestitures
October 31, 2022 Caribbean Cement Company Limited's (CCC's) total revenue for the nine months ended September 30, 2022 grew by 11% amounting to $19.68 billion, up from $17.80 billion reported a year ago. For the quarter, revenues amounted to $6.17 billion (2021: $5.49 billion). Cost of Sales closed the period under review at $10.84 billion
July 28, 2022 Grace Kennedy Limited (GK), for the six months ended June 30, 2022, recorded revenue of $72.59 billion for period (2021: $63.35 billion), a year over year increase of 15%. Revenue for the second quarter of 2022 improved 14% to $36.33 billion (2021: $31.96 billion). The biggest contributor to the group’s overall revenue
July 28, 2022 Caribbean Assurance Brokers (CABROKERS) revenue for the six months ended June-30-2022 increased by 18% to $178.32 million (2021: $151.29 million). Revenue for the quarter increased by 15% to $87.72 million (2021: $76.21 million). Management noted that “the International, Individual Life, General and Employee Benefits Divisions all saw increases of 40%, 21%, 17%
July 28, 2022 Annual growth rate of broad monetary aggregate M3 stood at 5.7% in June 2022, compared to 5.8% in May 2022 (revised from 5.6%). Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 7.2% in June from 7.9% in May. Annual growth rate of adjusted
July 28, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 27, 2022, was J$17.26. MJE’s last traded price on July 27, 2022, was $15.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
July 28, 2022 Paramount Trading (Jamaica) Limited recorded a 19% increase in total revenues to $1.72 billion from $1.44 billion reported in 2021. For the quarter, revenues amounted to $482.49 million (2021: $421.75 million). Direct expenses closed the period at $1.15 billion relative to the $983.20 million booked a year ago. As such, gross profit rose
July 28, 2022 Supreme Ventures Limited (SVL) has advised that during the period July 22 to 26, 2022, a Senior Manager purchased a total of 37,121 SVL shares, a connected party sold 100,000 SVL shares and a related entity purchased 458,685 SVL shares. Disclaimer: Analyst Certification - The views expressed in this research report
