Trade Sheet: Thursday June 20, 2019
KW still seeks to expand physical footprint through the establishment of near port logistics facilities
Date: June 20, 2019 Kingston Wharves Limited (KW) held its annual general meeting today at the AC Hotel. Opening remarks were made by Mr. Jeffrey Hall, KW’s Chairman, where he commended the Company for delivering once again, robust results for FY2018. Chief Executive Officer, Mr. Grantley Stephenson, highlighted the overall performance for the Group for
Mayberry Investments Limited (MIL) Dividend Declaration
June 20, 2019 Mayberry Investments Limited (MIL) has advised that the Board of Directors of MIL convened a meeting on Tuesday, June 18, 2019 and approved an ordinary dividend of twenty-five cents ($0.25) per share. The dividend will be made payable on Thursday, July 25, 2019 to shareholders on record as at July 3,
Overseas Headlines- June 20, 2019
United States: U.S. Jobless Claims Drop in Latest Sign of Strong Labor Market Filings for U.S. unemployment benefits declined the most in five weeks in another sign the jobs market remains strong, underscoring the outlook of Federal Reserve officials. Jobless claims fell to 216,000 in the week ended June 15, according to Labor Department figures
Daily Market Summary- June 19, 2019
Date: June 19, 2019 Daily Market Summary 19.06.19_ 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
Overseas Headlines- June 19, 2019
United States: Fed Signals Law Is on Its Side If Trump Tries to Remove Powell The world’s most powerful central bank is making clear it thinks the law is on its side if President Donald Trump tries to remove Jerome Powell as Federal Reserve chairman. White House lawyers have equipped Trump with a possible blueprint
FOMC maintains federal funds rate
Date: June 19, 2019 Based on the latest information received by the Federal Open Market Committee (FOMC) since May, the FOMC has noticed the labour market remained strong, whilst economic activity has been rising at a solid rate. According to the FOMC, “on average, in recent months job gains have been strong and the unemployment
1834 reports 93% decline in year end net profits
Date: June 18, 2019 1834 Investments Limited, for the year ended March 31, 2019, revenue declined by 39% from $45.38 million for the comparable period in 2018 to $27.87 million in 2019. For the quarter, the Company generated revenue of $5.99 million (2018: $10.57 million), a 43% decline year over year. Other operating income fell
Consumer Price Index – May 2019
Date: June 18, 2019 Consumer Price Index – May 2019 The consumer price index for the month of May 2019 recorded an inflation rate of 0.8%, following a 0.1% increase in its index for April 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of May rose to