United States: The Hot Housing Market Makes the Fed’s Inflation-Fighting Job Even Tougher “Federal Reserve officials are counting on higher mortgage rates to throw cold water on the frenzied housing market as they work to tame the highest inflation in decades. But the market may not cool fast enough. While rising rates and higher home
May 2, 2022 Caribbean Assurance Brokers (CABROKERS), for the three months ended March 31, 2022, reported revenue of $90.60 million compared to the $75.08 million booked for the corresponding period in the prior year, reflecting a 21% increase. According to CAB increase in revenue is due to, “the International Insurance Division which saw increased new
May 2, 2022 Productive Business Solutions Limited (PBS) for the year ended December 31, 2021, reported a 38% increase in revenues from US$161.86 million in 2020 to US$224 million in 2021. For the quarter, revenues increased 60% to total US$78.54 million relative to US$49.16 million the prior corresponding quarter. PBS noted, “This year PBS solidified its position as the
May 02, 2022 Weekly Picks 2.05.2022 LASF 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,
April 29, 2022 Caribbean Cement Company Limited (CCC), for the three months ended March 2022, reported total revenue of $6.81 billion for the quarter, an increase of 14% when compared with the $5.97 billion reported in 2021. CCC noted that, “This increase in revenue was driven by the continued strong domestic demand being experienced, and
April 27, 2022 The Board of Directors of Supreme Ventures Limited wishes to advise of the renewal of the contract of the Executive Chairman for a term of one (1) year effective April 1, 2022 and that the compensation is in the form of SVL shares in lieu of cash. Disclaimer: Analyst Certification -The
United States: Four in Ten U.S. Small Businesses Plan to Raise Prices by at Least 10% “About 40% of U.S. small businesses intend to raise selling prices by 10% or more amid decades-high inflation, according to a survey from the National Federation of Independent Business.” https://www.bloomberg.com/news/articles/2022-04-25/four-in-ten-u-s-businesses-plan-to-raise-prices-by-10-or-more?srnd=economics-vp Europe: U.K. Budget Deficit Halves Despite Rising Debt Costs
April 25, 2022 The U.S. Single-family homebuilding and permits in the United States fell in March as mortgage rates rose, although residential development remained hampered by a severe housing scarcity. The Commerce Department's report also revealed a record backlog of houses approved for building but not yet begun. It came on the heels of news
April 25, 2022 The International Finance Corporation (IFC)—a member of the World Bank Group (WBG)—has agreed to support the Government of Jamaica (GoJ) in the development of three key brownfield road segments on the North Coast Corridor of the Caribbean country. The initiative aims to improve the mobility of people and goods as well as
April 25, 2022 Weekly Picks 25.04.2022 JBG 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,
