2 11, 2020

Unemployment rate rose to 8.3% Euro Area and 7.5% in EU for September 2020

2020-11-02T16:15:34-05:00

November 2, 2020 The euro area seasonally-adjusted unemployment rate was 8.3% in September 2020, stable when compare to August 2020 and greater than the 7.5% in September 2019, according to Eurostat, the statistical office of the European Union. Additionally, it was reported that, the EU unemployment rate was 7.5% in September 2020, stable compared with

Unemployment rate rose to 8.3% Euro Area and 7.5% in EU for September 20202020-11-02T16:15:34-05:00
2 11, 2020

LASF reports 60% decline in six months net profit

2020-11-02T16:07:18-05:00

November 2, 2020 Lasco Financial Services (LASF), recorded for the six months ended September 30, 2020, a total of $1.15 billion in Trading Income; this represented a 6% decline relative to the $1.22 billion recorded for the comparable period in 2019. LASF stated, “The 5.7% decline is largely due to the fall in revenues from

LASF reports 60% decline in six months net profit2020-11-02T16:07:18-05:00
2 11, 2020

U.S. Personal Income rose $170.3 billion in September 2020

2020-11-02T14:59:35-05:00

November 02, 2020 In September, personal income rose $170.3 billion (0.9%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $150.3 billion (0.9%) and personal consumption expenditures (PCE) rose $201.4 billion (1.4%). Real DPI climbed 0.7% in September, and Real PCE rose 1.2%. The PCE price

U.S. Personal Income rose $170.3 billion in September 20202020-11-02T14:59:35-05:00
2 11, 2020

Government Operations Results for September 2020

2020-11-02T13:09:06-05:00

November 2, 2020 Government Operations Results for September 2020 For the period of April to September 2020, the GOJ reported Total Revenues & Grants of $256.56 billion, $9.72 billion more than the Government’s projection. This represented a decrease of approximately 18.3% relative to the $313.95 billion recorded for the corresponding period in 2019. ‘Tax Revenue’,

Government Operations Results for September 20202020-11-02T13:09:06-05:00
2 11, 2020

ECL reports first quarter net loss of US$1.08 million

2020-11-02T12:24:50-05:00

November 2, 2020 Express Catering Limited (ECL) Unaudited for the three months ended August 31, 2020: Express Catering Limited (ECL), for the three months ended August 31, 2020, revenues decreased by 90% for the period to US$444,140 (Q1 2019: US$4.54 million). Cost of sales (COS) decreased by 87% for the period to US$159,423 (Q1 2019:

ECL reports first quarter net loss of US$1.08 million2020-11-02T12:24:50-05:00
2 11, 2020

AFS reports 78% decline in six months net profits

2020-11-02T10:54:24-05:00

November 02, 2020 Access Financial Services Limited (AFS) for the six months ended September 30, 2020 reported $747.42 million in total interest income, a 10% decrease relative to the $830.75 million recorded in 2019. Of this, interest income from loans amounted to $742.99 million (2019: $830.07 million), while interest income from securities amounted to $4.43

AFS reports 78% decline in six months net profits2020-11-02T10:54:24-05:00
2 11, 2020

Featured Stock – CCC

2020-11-02T08:49:59-05:00

November 2, 2020 Weekly Picks 02.11.20 CCC 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 was, is,

Featured Stock – CCC2020-11-02T08:49:59-05:00
2 11, 2020

Overseas Headlines – November 2, 2020

2020-11-02T07:28:47-05:00

United States: The Good and the Bad of the U.S. Economy on Eve of Election Day “On the eve of the 2020 election, a U.S. economy that was walloped by a global health crisis in March is recovering, though it’s a ways from regaining full strength. Trillions of dollars in fiscal support from lawmakers and

Overseas Headlines – November 2, 20202020-11-02T07:28:47-05:00
30 10, 2020

Cayman Islands Government forecasts CI$168 million deficit

2020-10-30T14:15:32-05:00

October 30, 2020 Cayman Islands Finance Committee members confirmed that the government is now forecasting a $168.7 million deficit by the end of this year as a result of the COVID-19 pandemic. Councillor to the Minister of Finance Roy McTaggart, as he opened the committee hearing for the appropriation changes to this year’s budget, delivered the

Cayman Islands Government forecasts CI$168 million deficit2020-10-30T14:15:32-05:00
30 10, 2020

SVL reports 18% increase in third quarter net profit

2020-10-30T14:37:14-05:00

October 30, 2020 Supreme Ventures Limited (SVL), for the nine months ended September 30, 2020, reported a marginal decrease of 0.44% in ‘Total Gaming Revenue’ from $28.06 billion in 2019 to $27.94 billion in 2020. Revenues from the Company’s segments were as follows: Revenue from ‘Non fixed odd wagering games, horse racing and pin codes’

SVL reports 18% increase in third quarter net profit2020-10-30T14:37:14-05:00