March 17, 2021 The Federal Reserve is committed to using its entire set of tools to assist the United States economy through this difficult period while supporting its maximum employment and price stability targets. Despite the fact that the COVID-19 pandemic is still wreaking havoc across the world, economic growth and jobs have moderated in recent
March 17, 2021 According to the statistical office of the European Union (Eurostat), in February 2021, the euro area annual inflation rate was 0.9%, stable compared to January 2021. However, it was noted that a year earlier the rate was 1.2%. Additionally, the European Union annual inflation was reported at 1.3%, greater than January 2021
United States: Fed’s Dot Plot May Back Up Powell’s Patience: Decision-Day Guide “While Federal Reserve Chair Jerome Powell has promised to maintain aggressive support of the U.S. economy, the central bank’s quarterly economic forecasts will show how many of his colleagues share his commitment. The Federal Open Market Committee is all but certain to hold
Mayberry Market Summary- 16.3.2021 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, or will
March 16, 2021 Supreme Ventures Limited (SVL) has advised that pursuant to the Company’s long-term incentive scheme for Senior Management, a total of 732,105 SVL stock units were acquired by five Senior Managers during the period March 10 to 12, 2021. SVL has also advised that a connected party purchased 150,000 SVL shares on March 10,
March 16, 2021 PanJam Investment Limited (PJAM) for the year ended December 31, 2020, reported a 56% decline in total income to total $2.05 billion relative to $4.63 billion booked for the prior year’s corresponding period. For the quarter, total income increased 6% to $1.19 billion (2019: $1.12 billion). Of total income: Other income increased by
February 16, 2021 Indies Pharma Jamaica Limited reported revenue of $223.53 million, 15% higher than the $193.72 million booked in 2020. Cost of Sales increased 30% to close at $85.42 million (2020: $65.86 million). Gross profit increased by 8%, amounting to $138.11 million for the period relative to $127.86 million in 2020. Other operating income
March 16, 2021 Main Events Entertainment Group, for the three months ended January 2021, reported revenues of $175.84 million, 71% lower than the $598.14 million booked in 2020. Management noted that, “our M-Style product together with our western operations contributed $21.909 or 12% of revenues this quarter, compared to $110.193 or 18% in the corresponding
March 16, 2021 Consumer Price Index – February 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for February 2021 was 107.1 resulting in deflation rate of 0.1%, when compared to the previous month’s deflation rate of 1.6%. STATIN noted that, “This movement was mainly as a result of the 1.3%
