October 15, 2020 Kingston Properties Limited (KPREIT) has advised that the Company has completed the acquisition of an 88,000 SF warehouse property on just under four (4) acres of land in Kingston’s Industrial belt. The purchase was funded from cash resources for a consideration of $607.5 million on a sale and leaseback basis. The acquired
October 15, 2020 Portland JSX Limited (PJX), for the six months ended August 31, 2020, net loss on financial assets classified as at fair value through profit and loss amounted to US$1.51 million compared to a gain of US$1.40 million in 2019. PJX recorded net loss on financial assets classified as at fair value through
October 15, 2020 Knutsford Express Services Limited (KEX) Unaudited results for 1st Quarter ended August 31, 2020: Knutsford Express Services Limited (KEX), for the three months ended August 31, 2020 reported total revenue of $121.78 million, a 62% or $202.74 million decrease when compared with the $324.52 million reported for the same period in 2019. KEX
United States: U.S. Jobless Claims Hit Highest Since August in Unexpected Jump “Applications for U.S. state unemployment benefits unexpectedly jumped last week to the highest since August and more Americans moved to longer-term aid, underscoring a recent slowing in the pace of the labor market’s recovery. Initial jobless claims in regular state programs totaled 898,000
October 14, 2020 QWI Investments Limited (QWI) has advised that a connected party purchased a total of 2,145,431 QWI shares during the period October 9 to 13, 2020. 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
October 14, 2020 PanJam Investment Limited (PJAM) has advised that three connected parties purchased a total of 249,056 PJAM shares and a connected party sold 263,625 PJAM shares. These transactions were conducted during the period October 9 to 12, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views
October 14, 2020 Since the onset of the COVID-19 crisis, governments have focused on doing whatever it takes to limit its consequences. Public health measures that have contained the spread of the virus have helped restore confidence and created the conditions for the safe reopening of businesses. Unemployment benefits and wages subsidies have helped preserve jobs or living standards. Cash transfers have been especially
United States: U.S. Economy Slowly Grinds Ahead as Virus Restricts Recovery “After a rapid rebound in the third quarter, the U.S. economy is settling into a more moderate pace of improvement as hiring, spending and travel remain constrained by Covid-19. Bloomberg Economics created a weekly dashboard of high-frequency, alternative and market-based data to track the
United States: Key U.S. Inflation Gauge Rises at Slowest Pace in Four Months “A key measure of U.S. consumer prices rose in September at the slowest pace in four months, signaling little threat of accelerating inflation as the economy recovers. The consumer price index rose 0.2% from the prior month after a 0.4% gain in
October 12, 2020 The U.S. Bureau of Economic Analysis indicated that, “State personal consumption expenditures (PCE) increased 3.9% in 2019, a deceleration from the 4.9% increase in 2018.” In addition, the PCE percentage change across all states ranged from 5.7% Utah to 1.8% in Vermont. Expenditure growth in health care and housing and utilities were the main
