July 22, 2020 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for year ended March 31, 2020, reported interest income of $20.29 million, a 23% decrease when compared with the $26.21 million reported for the same period in 2019. Interest expense for the year amounted to $9.11 million, 22% higher
United States: Trump Nominee Judy Shelton Moves a Big Step Closer to Joining Fed Board “Judy Shelton, President Donald Trump’s contentious pick for the Federal Reserve’s Board of Governors, cleared a key hurdle to confirmation by winning the approval of a majority on the Senate Banking Committee. She was backed in a party-line vote Tuesday,
July 20, 2020 For the month of June, jobless rates were lower in 42 states and the District of Columbia, higher in 5 states, and unchanged in 3 states based on a report by the Bureau of Labour Statistics (BLS). Forty-nine states and the District had jobless rate increases from last year, but one was
United States: Fiscal Cliffs Threaten Fragile U.S. Recovery: Economy Week Ahead “Policy makers in the U.S. will resume contentious talks this week on another round of stimulus that could prove critical to the still-fragile recovery of the world’s largest economy. With much of the last stimulus poised to run out in the coming weeks, the
July 17, 2020 Monthly Economic Review - June 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 (s) also certify that no part of their compensation
July 17, 2020 Medical Disposables & Supplies LTD (MDS), for the year ended March 31, 2020 reported $2.48 billion for revenue, an increase of 12% relative to $2.22 billion booked the previous year. For the quarter, revenues totalled $755.50 million, up 18% year over year (2019: $641.26 million). The Company stated that, “This was mainly
United States: The U.S. Set Up These Programs to Offset Covid Hardship. They’re All About to Expire “America’s leaders face an urgent set of decisions on whether to extend history’s biggest rescue effort -- or let parts of it lapse. The government approved more than $2 trillion of extra spending after the coronavirus brought swaths
Brent Oil Brent oil prices increased by 2.24% or US$0.95, as prices rose this week relative to the prior week. Oil traded on July 16, 2020 at a price of US$43.30 per barrel relative to US$42.35 on July 9, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased
July 16, 2020 The seasonally adjusted initial claims, advance estimate, fell to 1,300,000, a decrease of 10,000 for the week ending July 11 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,310,000 from 1,314,000 down by 4,000. In comparison to the previous week’s average,
United States: U.S. Initial Jobless Claims Signal Slowing Labor-Market Rebound “Applications for U.S. unemployment benefits posted the smallest weekly decline since March after coronavirus cases surged and reopenings paused or reversed across the South and West. Initial jobless claims in regular state programs totaled 1.3 million in the week ended July 11, down 10,000 from
