Overseas Headlines – November 10, 2017

U.S.:  Dollar set for biggest weekly drop in four weeks on tax concerns The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. But the greenback was set for its biggest weekly drop in four weeks as investors

Overseas Headlines – November 10, 20172017-11-10T12:57:52-05:00

Daily Market Summary – November 09, 2017

Daily Market Summary 09.11.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may

Daily Market Summary – November 09, 20172017-11-09T21:53:13-05:00

Gas Price Movement November 9, 2017

Brent Oil Brent oil prices rose by 4.96% (US$3.00), as prices declined this week. Oil traded on November 8, 2017 at a price of 63.49 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.35% (US$1.61 ). Additionally 90 Octane  increased by 1.35% or

Gas Price Movement November 9, 20172017-11-09T19:13:09-05:00

PROVEN reports a 5% decrease in six months profit attributable to shareholders

Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2017 booked Net Interest  of $4.68 million, up from the $3.40 million documented in 2016. Net Interest Income for six month ended September 30, 2017 totaled $9.20 million, an increase of approximately $2.12 million relative

PROVEN reports a 5% decrease in six months profit attributable to shareholders2017-11-09T18:21:43-05:00

XFUND reports 40% increase in nine months Net Profits.

Sagicor Real Estate X Fund Limited (XFUND) for the nine months ended September 30, 2017, Total Revenue grew 20% to $9.97 billion (2016: $8.30 billion). According to the company the increase in revenue for the period was due to “improved occupancy and room rates over 2016”. For the quarter the company’s total revenue however increased 54% to

XFUND reports 40% increase in nine months Net Profits.2017-11-09T19:24:33-05:00

Overseas Headlines – November 09, 2017

U.S.:  Dissecting the $250 Billion China Deals Trump Got for U.S. How does $250 billion in deals get sliced? The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals,

Overseas Headlines – November 09, 20172017-11-09T12:56:07-05:00

Management Resignation: Mayberry Investments Limited (MIL)

Mayberry Investments Limited (MIL) has advised that Mr. Nathanael Samuels, Chief Financial Controller has resigned effective August 31, 2017. MIL further advised that Mrs. Dianne Tomlinson-Smith assumed the role effective September 1, 2017.

Management Resignation: Mayberry Investments Limited (MIL)2017-11-08T21:37:00-05:00