NCB Financial Group Limited advises of the intention of its wholly owned subsidiary, National Commercial Bank Jamaica Limited, to raise up to US$175,000,000.00 (ONE HUNDRED AND SEVENTY FIVE MILLION UNITED STATES DOLLARS) by way of the Securitization of its Diversified Payment Rights. The transaction will be rated by FITCH Ratings and placed in the International
United States: U.S. Jobless Claims Remain Elevated in Fits-and-Starts Recovery “Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts. Initial jobless claims in regular state programs increased by 4,000 to 870,000 in the week ended Sept. 19,
September 23, 2020 NCB Financial Group Limited (NCBFG) has advised of the intention of its wholly owned subsidiary, National Commercial Bank Jamaica Limited, to raise up to US$175,000,000.00 (One Hundred and Seventy Five Million United States Dollars) by way of the Securitization of its Diversified Payment Rights. The transaction will be rated by FITCH Ratings and placed
September 23, 2020 Derrimon Trading Company Limited (DTL) has advised that the Board of Directors will be meeting on Friday, October 2, 2020, with one Agenda item being the consideration of a recommendation for the payment of an interim dividend. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
September 23, 2020 QWI Investments Limited (QWI) has advised that a connected party purchased a total of 251,502 QWI shares during the period September 15 to 18, 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 securities as at the date
September 23, 2020 For the month of August, jobless rates were lower in 41 states, higher in 2 states, and unchanged in 7 states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). All fifty states and the District had jobless rate increases from last year. There was
United States: For Fed’s Disaster Junkie, Pandemic Was One of 99 Bad Scenarios “A red alert sounded at the Federal Reserve in mid-March when Americans began pulling out of prime money-market funds, one of the safest places to park cash. As policymakers cut interest rates to near-zero, it quickly became clear that they’d need to
September 22, 2020 Lasco Distributors Limited (LASD) has advised that Mr. James E. D. Rawle was appointed Deputy Executive Chairman on September 1, 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 securities as at the date of
September 22, 2020 Lasco Manufacturing Limited (LASM) has advised that Mr. James E. D. Rawle was appointed Deputy Executive Chairman on September 1, 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 securities as at the date of this report.
September 22, 2020 Jamaica Producers Group Limited (JP) has announced that the Company has entered into an agreement to sell its 22.1 percent interest in SAJE Logistics Infrastructure Limited (‘SAJE’). SAJE is engaged in property ownership and property management and the holding of investments, and prior to the sale was accounted for as an associated company of
