Date: March 03, 2020 Sagicor Group Jamaica Limited (SJ) has advised that advised a Senior Manager purchased 47,255 SJ shares and that two connected parties sold a total of 72,255 SJ shares. These transactions were conducted on March 2, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of
Date: March 03, 2020 Pulse Investments Limited (PULS) has advised that a Director sold 8,000,000 PULS shares on February 28, 2020 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
Date: March 03, 2020 138 Student Living Jamaica Limited (138SL) has advised that a Director purchased 9,902 138SL shares on February 28, 2020. 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
March 03, 2020 Based on the Federal Open Market Committee (FOMC) assessment, the U.S. economy remains robust, however the coronavirus poses sprouting risks to activity within the economy. The FOMC lowered the target range for the federal fund rate by 0.5%e point to 1% – 1 ¼% to support achieving its maximum employment and
March 03, 2020 United States: U.S. Hits Back at China, Orders Media Outlets to Slash Staff “The Trump administration ordered four Chinese state-owned news outlets to slash the number of staff they have working in the U.S., part of a broader response to Beijing’s restrictions on American journalists including its expulsion of three Wall Street
Date: March 02, 2020 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the twelve months ended December 31, 2019 reported net investment income of $200.56 million. While for the quarter, net investment income amounted to $152.79 million. Fees and other income closed the twelve months period at $220,000, however for the quarter, fees and other
March 02, 2020 Sterling Investments Limited (SIL) for the year ended December 31, 2019 reported a 34% increase in total revenue to $148.37 million compared to $110.45 million recorded for the corresponding period in 2018. The Company noted that, “the increase reflected increased foreign exchange earnings and trading gains.” Of total revenue: Interest income closed
March 02, 2020 GraceKennedy Limited (GK) recorded revenue of $103.09 billion for the period (2018: $97.54 billion), a year over year increase of 6%. Revenue for the quarter of 2019 improved by 10% to $26.06 billion (2018: $23.72 billion). GK highlighted that, “this is a historic achievement, the first time that the Group has surpassed
March 02, 2020 Sagicor Select Funds Limited (SELECTF), for the year ended December 31, 2019 reported net investment income of $1.04 billion. Dividend income closed the year ended December 31, 2019 at $104.23 million, moreover, other net changes in fair value on financial assets at fair value totalled $931.83 million, while investment income amounted to
March 02, 2020 Caribbean Flavours and Fragrances (CFF), revenues increased to $462.46 million for the twelve months ended December 31, 2019. Cost of sales amounted to $323.30 million. Management noted, “the company faced significant increase in logistics costs and increases from suppliers this resulted in substantial increases in cost of sales.” Consequently, gross profit amounted
