Overseas Headlines: March 15, 2021

United States: Fed to Hike Rates in 2023 But Dots Won’t Show It, Economists Say “A strong recovery from the Covid-19 recession is likely to prompt Federal Reserve Chair Jerome Powell and his colleagues to lift interest rates in 2023, but that isn’t going to show up in their forecasts this week, a survey showed.

Overseas Headlines: March 15, 20212021-03-15T07:25:39-05:00

Daily Market Summary – March 12, 2021

Mayberry Market Summary- 12.3.2021   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

Daily Market Summary – March 12, 20212021-03-12T15:36:46-05:00

Special Advisory: Scotia Group Jamaica Limited (SGJ)

March 12, 2021 Scotia Group Jamaica Limited (SGJ) has declared an interim dividend of 40 cents ($0.40) per stock unit payable on April 22, 2021 to stockholders on record as at March 31, 2021.The ex-dividend date is March 30, 2021. SGJ has further advised that consequent to guidance issued by the Regulator, the payment of

Special Advisory: Scotia Group Jamaica Limited (SGJ)2021-03-12T15:19:49-05:00

Trade in Shares: IronRock Insurance Company Limited (ROC) 

March 12, 2021 IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 16,258 ROC shares on March 10, 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

Trade in Shares: IronRock Insurance Company Limited (ROC) 2021-03-12T15:12:46-05:00

SGJ reports 2% decrease in three months net profit

March 12, 2021 For the three months ended January 31, 2021 Scotia Group Jamaica Limited’s (SGJ) net interest income declined 6% amounting to $5.80 billion, relative to $6.17 billion for the corresponding period in 2020, while interest expenses declined by 18% to total $512.44 million (2020: $627.92 million). Interest income for the quarter decreased from $6.79 billion in

SGJ reports 2% decrease in three months net profit2021-03-12T12:49:46-05:00

Overseas Headlines – March 12, 2021

United States: U.S. Jobless Claims Hit Lowest Since November With More Vaccines “Applications for U.S. jobless benefits fell by more than forecast last week to the lowest since early November as Covid-19 vaccinations accelerated and states eased more business restrictions. Initial claims in regular state programs fell by 42,000 to 712,000 in the week ended

Overseas Headlines – March 12, 20212021-03-12T08:05:10-05:00

Special Advisory: Derrimon Trading Company Limited (DTL)

March 11, 2021 Derrimon Trading Company Limited (DTL) has advised that the Company has completed the transaction to acquire control of FoodSaver New York, Inc. and Good Food For Less LLC as a going concern on the terms set out in its announcement on January 8, 2021. The final consideration was valued at US$8.9 million.

Special Advisory: Derrimon Trading Company Limited (DTL)2021-03-11T15:44:54-05:00

Daily Market Summary- March 11, 2021

Mayberry Market Summary- 11.3.2021   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

Daily Market Summary- March 11, 20212021-03-11T18:05:42-05:00