United States: U.S. Jobless Claims Resume Drop in Sign of Gradual Improvement “The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market. Jobless claims in regular state programs decreased by 33,000 to 860,000 in the week ended Sept. 12, which coincides with the reference period
September 17, 2020 CAC 2000 Limited's (CAC) ‘Revenues’ for the nine months ended July 31, 2020 increased 26% to $928.23 million relative to $737.69 million for the comparable period in 2019. ‘Revenues’ for the third quarter increased by 60% to $354.68 million compared to $221.21 million for the same period the prior financial year. ‘Cost of
September 16, 2020 Sagicor Group Jamaica Limited (SJ) has advised that a connected party sold 23,000 SJ shares on September 14, 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. Each research
September 16, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 2,384 SVL shares on September 14, 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. Each research analyst
September 16, 2020 Sagicor Real Estate X Fund Limited (XFUND) has advised that a connected party sold a total of 3,419 XFUND shares during the period September 7 to 11, 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
September 16, 2020 Barita Investments Limited (BIL) has advised that the Invitation for subscription for up to 173,733,220 New Ordinary Shares (with the ability to upsize) in the capital of the Company, made subject to the Prospectus dated July 30, 2020 (the “Prospectus”), will close on Wednesday, September 16, 2020, at 4:00 p.m.(the “APO”). The Company has
September 16, 2020 CAC 2000 Limited (CAC) has also advised of the resignation of Mrs. Colleen Ellison-Hall, Financial Controller of the Company, effective October 9, 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 16, 2020 Radio Jamaica Limited (RJR) has advised that the 120-day period of layoff implemented in May 2020 for some workers of the Company has expired. A reorganization of the business affairs of all the subsidiaries under the RJRGLEANER Communications Group umbrella is advanced. However, more time and consultations with all stakeholders are required and being
September 16, 2020 The Federal Reserve announced its decision to hold interest rates steady as economic activity and employment, although improved in recent months, remain well below their levels at the beginning of the year. Despite some uptick in recent months, the coronavirus outbreak has caused widespread human and economic hardship across the United States and
September 16, 2020 Management stated that, “2019 was the Company’s best year since being a listed Company.” Mr. Pedro Paris, CEO, gave a synopsis of the Company’s 2019 financial year.Productive Business Solutions Limited (PBS) recorded revenues of US$180.1 million which reflected a 1% increase compared to the previous fiscal year (excluding Telecom). Notably, total equipment
