June 30, 2022 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the year ended March 31, 2022, reported an interest income of $12.64 million, a 19% increase when compared with the $10.58 million reported for the same period in 2021. Interest expense for the year amounted to $7.56
June 30, 2022 United States: US Consumer Spending Cools in Sign of Economy on Weaker Footing US consumer spending fell in May for the first time this year and prior months were revised lower, suggesting an economy on somewhat weaker footing than previously thought amid rapid inflation and Federal Reserve interest-rate hikes. Purchases of
June 29, 2022 Effective 30 June 2022, the Bank of Jamaica (BOJ) will increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 50 basis points to 5.50% per annum. The Bank also resolved to continue exploring additional steps to restrain the Jamaican dollar's liquidity expansion and preserve the
June 29, 2022 Everything Fresh Limited (EFRESH) has advised that the Company has completed the acquisition of an additional shareholding in Everything Fresh Bahamas Limited. This acquisition has now been formalized effective April 27, 2022, which has moved Everything Fresh’s shareholding from 60% to 80%. Disclaimer: Analyst Certification - The views expressed in this
June 29, 2022 Sagicor Group Jamaica Limited (SJ) has advised that Mr. Sean Newman, Executive Vice President, Chief Investment Officer has resigned effective September 30, 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
June 29, 2022 Caribbean Assurance Brokers (CABROKERS) has advised that as of June 15, 2022, Ms. Krystal Gayle has been appointed Divisional Manager for International Insurance. Disclaimer: Analyst Certification - This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no
June 29, 2022 Jamaican Teas Limited (JAMT) has advised that a Senior Manager sold 100,000 JAMT shares on June 24, 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
June 29, 2022 iCreate Limited (ICREATE) has advised that the Company has signed an Agreement for Sale of Shares dated June 28, 2022, for the acquisition of 100% of the shares in Visual Vibe.Com Limited. Pursuant to the said Agreement, ICREATE has paid the requisite deposit and the transaction is expected to be completed within
June 29, 2022 iCreate Limited (ICREATE) has advised that a connected party purchased 75,000 ICREATE shares on June 27, 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
June 29, 2022 United States: US Personal Spending Is Revised Sharply Lower in First-Quarter Data US consumer spending expanded in the first quarter at the softest pace of the pandemic recovery, marking a surprise sharp downward revision that suggests an economy on weaker footing than previously thought. Outlays on goods and services rose an annualized
