July 7, 2022 1834 Investments Limited (1834) has advised that a Court-ordered meeting to consider a Scheme of Arrangement between 1834 and its shareholders, will be held in hybrid format at the registered office of the Company, 7 North Street, Kingston, and via live stream, on August 10, 2022 at 10:30 am. For further details,
July, 7, 2022 Productive Business Solutions Limited (PBS) has advised that a related party purchased 612,721 PBS shares on June 22, 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
July 07, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 30, 2022, was J$17.96. MJE’s last traded price on June 30, 2022, was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report
July 7, 2022 United States: BofA Says Consumer Spending Remains Resilient Despite Inflation Bank of America Corp. said customer spending continues to show signs of resilience despite surging inflation, with pent-up demand for travel and leisure countering rising gas prices and other increased costs. https://www.bloomberg.com/news/articles/2022-07-07/bofa-says-consumer-spending-remains-resilient-despite-inflation?srnd=premium#xj4y7vzkg Europe: Pound Climbs and UK Stocks Rise on Reports of
July 6, 2022 It has been reported by the Statistical Institute of Jamaica (STATIN) that the Jamaican economy has grown by 8.2% throughout the 2021/2022 financial year. This growth was assisted by the 6.4% out-turn between January and March 2022, relative to the corresponding period last year. STATIN indicated in a statement on Thursday, June
July 6, 2022 GraceKennedy Limited (GK) has advised that the merger of two of its local manufacturing divisions, National Processors (Nalpro) & Grace Food Processors Canning (Canning) is near completion. The combined operation has been named Grace Food Processors NALCAN. Mr. Andrew Wildish will assume responsibility as General Manager of Grace Foods Processors NALCAN effective
July 6, 2022 Future Energy Source Company Limited (FESCO) has advised that on July 5, 2022, two connected parties sold FESCO shares totalling 239,097,743 units. 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
July 6, 2022 Jamaican Teas Limited (JAMT) has advised that a director sold a total of 76,409 JAMT shares during the period June 29, 2022 to July 4, 2022. JAMT has also advised that two directors exercised options to purchase a total of 4,800,000 JAMT shares on June 30, 2022. Disclaimer: Analyst Certification -
July, 6, 2022 Productive Business Solutions Limited (PBS) has advised that Mr. Ian John, Regional CEO, has resigned effective May 13, 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
July 6, 2022 United States: Falling Gasoline Prices in US Bring Higher Profits for Retailers Gas station owners in the US are finally making higher profits selling fuel now that pump prices have fallen from record levels over the past few weeks. That may seem counterintuitive, but here’s what’s behind the numbers. The US rack-to-retail
