Date: August 5, 2019 Kingston Properties Limited (KPREIT) has advised that at a duly convened Extraordinary General Meeting of the shareholders of KPREIT, the Company passed a resolution to increase the authorised shares of the Company from 500,000,000 ordinary shares to 1,000,000,000 ordinary shares. KPREIT further advised that the increase in share capital is part
Date: August 5, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2019, compared with May 2019, industrial producer prices fell by 0.6% in both the euro area (EA19) and EU28.” However, in May 2019, industrial producer prices declined by 0.1% in the euro area while
Date: August 5, 2019 United States: Trump Links Gun-Sale Background Checks and Immigration Overhaul President Donald Trump proposed combining stricter background checks for gun purchases with "desperately needed immigration reform" after the weekend deaths of 29 Americans in mass shootings in Ohio and El Paso, Texas. Trump, who faces charges that his anti-immigrant rhetoric helped
Date: August 2, 2019 Daily Market Summary 02.08.19 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,
Date: August 2, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) has advised of the following resignations: Mr. Valdence Gifford resigned as the Managing Director effective May 31, 2019. Mr. Gifford however continues to serve on a contractual basis until a replacement is selected. He remains a member of the Board of Directors. Mrs.
Date: August 2, 2019 NCB Financial Group (NCBFG) has advised that starting August 1, 2019, Septimus ‘Bob’ Blake will take the lead as CEO of National Commercial Bank Jamaica Limited (NCB Jamaica/the Bank). Blake succeeds Patrick Hylton who has been leading the Bank for the past 15 years. Malcolm Sadler has also been appointed Chief
Date: August 2, 2019 Barita Investments Limited (BIL) has advised that subsequent to the Extraordinary General Meeting, the Board of Directors of BIL on July 31, 2019 passed the following Board Resolution for a Rights Issue to ordinary Stockholders of BIL: “1. The Board hereby approves the issue of up to 116,845,955 ordinary shares (“New
Date: August 2, 2019 GraceKennedy Limited (GK) has also declared an interim dividend of 40 cents per stock unit to be paid on September 26, 2019 to stockholders on record at the close of business on September 6, 2019. The ex-dividend date is September 5, 2019. Disclaimer: Analyst Certification -The views expressed in this research
Date: August 2, 2019 Total nonfarm payroll employment increased by 164,000 in July as the unemployment rate remained unchanged at 3.7%. based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in professional and technical services, health care, social assistance, and financial activities. Household Survey Data Unemployment rate was unchanged at
Date: August 2, 2019 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2019 posted gross premium of $318.55 million relative $282.12 million; this represents a 13% increase year over year. For the second quarter gross premium rose by 56% to total $197.77 million compared to $127.10 million. According to management, “During
