Overseas Headlines- June 10, 2019

United States:  A Fed Rate Cut Looks More Likely. The Question Is When and by How Much  Federal Reserve Chairman Jerome Powell and his colleagues face three decisions when it comes to reducing interest rates: whether to do it, when to do it, and by how much. Fed watchers say an unexpectedly weak reading on

Overseas Headlines- June 10, 20192019-06-10T13:12:32-05:00

SEP reports 7% increase in first quarter net profit

Date: June 07, 2019 Seprod Limited (SEP), for the three months ended March 31, 2019, posted revenue totalling $9.04 billion compared to $4.95 billion recorded for the same period of the prior financial year, representing a 83% increase year over year. The Manufacturing Division recorded a marginal increase to close at $4.89 billion (2018: $4.82

SEP reports 7% increase in first quarter net profit2019-06-07T21:05:56-05:00

Board Appointment: SSL Venture Capital Jamaica Limited (SSLVC)

June 7, 2019   SSL Venture Capital Jamaica Limited (SSLVC)  has advised of the following changes: Gavin Valentine and Mr. Kadeen Mairs were appointed to the Board of Directors as at May 5, 2019; and Zachary Harding, Dr Germaine Spencer, Mr. Harry Abrikian and Ms Cecile Watson were appointed to the Board of Director as

Board Appointment: SSL Venture Capital Jamaica Limited (SSLVC)2019-06-07T19:50:48-05:00

Dividend Declaration: CAC 2000 Limited (CAC)

June 7, 2019   CAC 2000 Limited (CAC) has advised that a final dividend payment of 3.5 cents ($0.035) per stock unit will be paid out of 2018 profits on June 27, 2019 to shareholders on record as at June 19, 2019.  The ex-dividend date is June 18, 2019.   Analyst Certification - The views

Dividend Declaration: CAC 2000 Limited (CAC)2019-06-07T19:43:43-05:00

Trade in Shares: NCB Financial Group Limited (NCBFG)

June 7, 2019   NCB Financial Group Limited (NCBFG) has advised that a connected party sold 3,089,122 NCBFG shares on June 5, 2019.   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

Trade in Shares: NCB Financial Group Limited (NCBFG)2019-06-07T19:38:53-05:00

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

June 7, 2019   Mayberry Jamaican Equities Limited (MJE) has advised that a connected party sold 155,747 MJE shares on June 5, 2019.   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

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)2019-06-07T19:39:40-05:00

RJR reports year end net loss of $22.44 million

Date: June 07, 2019 Radio Jamaica Limited (RJR), for the year ended March 31, 2019, reported revenues of $5.48 billion versus $5.05 billion in 2018, increasing by 9% year over year. For the quarter, revenues closed at $1.28 billion (2018: $1.17 billion). Management noted that, “this was largely due to the staging of the FIFA

RJR reports year end net loss of $22.44 million2019-06-07T19:36:17-05:00

Overseas Headlines- June 7, 2019

United States:  U.S. Jobs Rise 75,000, Missing Forecasts as Wage Gains Cool U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and likely boosting calls for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth. Payrolls rose 75,000 in May after a

Overseas Headlines- June 7, 20192019-06-07T13:18:35-05:00

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

June 6, 2019   Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 12,550 MJE shares on June 4, 2019.   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

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)2019-06-06T20:02:47-05:00