United States: U.S. Inflation Hope, Fed Watch, Canada Rate Fears: Eco Day “U.S. Treasury Secretary Janet Yellen said she continues to forecast inflation falling close to 2% by the end of 2022. Federal Reserve officials will signal next week they’ll raise interest rates in March for the first time in more than three years and
January 20, 2022 Productive Business Solutions Limited (PBS) has declared a dividend in the sum of $126,808,767.01 to the Cumulative Preference Shareholders on record as at December 31, 2021. The dividend is payable on January 31, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
January 20, 2022 Scotia Group Jamaica Limited (SGJ) has advised that Dr. Adrian Stokes, Head of Insurance and Wealth, will be leaving the Company effective February 19, 2022 to pursue other opportunities. SGJ has further advised that Debra Lopez-Spence will continue as President of Scotia Jamaica Life Insurance Company Limited (SJLIC) and Gary-Vaughn White, Senior
January 20, 2022 Wigton Windfarm Limited (WIG) has advised that the Company has obtained the necessary approvals from its existing Bondholders to amend and restate Bonds B, C and D. The restatement of the Bonds will result in savings in the finance expense of the Company over the seven (7) years lifetime of the Bonds.
January 20, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY) has advised of the new composition of the Company’s Compensation Committee as per Board of Directors’ approval on Wednesday, January 12, 2022, which is as follows: Mr. Noel daCosta (Chairman, Independent member) Mr. Anthony Chang (Executive member) Mr. Marshall Ogle (Independent member) Mr. Lissant Mitchell (Independent member)
January 20, 2022 Fontana Limited (FTNA) has advised that connected parties sold a total of 12,682,033 FTNA shares on January 14, 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
January 20, 2022 The advance figure for seasonally adjusted initial claims in the week ending January 15 was 286,000, a 55,000 increase from the previous week's revised level. The prior week's figure was raised by 1,000 points, from m 230,000 to 231,000. The 4-week moving average was 231,000, an increase of 20,000 from the corrected average from
January 20, 2022 According to the Statistical Institute of Jamaica (STATIN), for the period January to September 2021, Jamaica’s total spending on imports and earnings from exports rose by 23.3 percent and 26.3 percent respectively, relative to the similar period in 2020. Imports for the period amounted to US$4,250.3 million compared to US$3,448.4 million for
January 20, 2022 According to the statistical office of the European Union (Eurostat), in December 2021, the euro area annual inflation rate was 5.0%, up by 0.1% from the 4.9% reported in November 2021. However, a year earlier in December 2020, the rate was -0.3%. Additionally, in the European Union annual inflation was reported at
January 20, 2022 Monthly Economic Review - December 2021 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
