October 26, 2020 United States: U.S. Recovery’s Surprise Strength Linked to Aid, Quick Reopening “The U.S. economic recovery’s strength has consistently surprised over the past several months, thanks in part to steadfast consumer finances that were underpinned by robust government aid and ultra-low interest rates. Three months ago, economists were penciling in third-quarter growth at
October 23, 2020 According to the statistical office of the European Union (Eurostat), the second quarter seasonally adjusted general government deficit of GDP ratio was 11.6% for euro area and 11.4% EU, the highest deficit reported since the start of the time series as well as the sharpest quarter on quarter increase in both the
October 23, 2020 Kingston Wharves Limited (KW) has advised that a connected party sold a total of 2,012,931 KW shares during the period September 18, 2020 to October 13, 2020 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
October 23, 2020 Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors of the Company, at a meeting scheduled to be held on October 29, 2020, will consider the declaration of quarterly dividends on its Preference F (JPS9.5) shares payable on November 20, 2020 to shareholders on record as at the
October 23, 2020 Key Insurance Company Limited (KEY) has advised that the Supreme Court has granted the orders sought in the court application, Claim No. SU 2020 CD 00417. The effect of the Court’s Order is that the Company may, as needed, conduct its general meetings during the years 2020 and 2021 either as hybrid
October 23, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 55,000 to 787,000 for the week ending October 17 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 898,000 to 842,000 down by 56,000. In comparison to the previous week’s average, the 4-week moving average was 811,250,
October 23, 2020 Supreme Ventures Limited (SVL) has been assigned an overall 'good creditworthiness' rating by Caribbean Information & Credit Rating Services Limited (CariCRIS). In a statement yesterday welcoming the achievement, SVL's Executive Chairman Gary Peart said the credit rating has cemented and reaffirmed SVL's "strong focus on performance and results, coupled with its consistent and
United States: Get Ready for an Eye-Popping U.S. GDP Number “The Covid-19 pandemic caused the deepest U.S. recession since at least World War II. Gross domestic product shrank at an annual rate of 31.4% in the second quarter. Covid-19 is infecting more than 50,000 Americans a day, the most since early August. Somehow, though, the
United States: U.S. Jobless Claims Decline After California Resumes Reporting “The number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market is still gradually recovering while remaining far from its pre-pandemic health. The improvement last week was broad-based across states and California resumed reporting after a
October 21, 2020 Wigton Windfarm holds the record for being the largest wind farm in the English speaking Caribbean. The Company's facilities generate 62.7 megawatts of electricity, which is supplied to the public electricity grid. The core values of the Company as per Managing Director, Earl Barret are; Delivering Results Industry Leadership Building Local Capacity
