United States: Fed Officials Subtly Shift Inflation Strategy Amid Policy Review “The Federal Reserve won’t wrap up a year-long review of its policy framework for months, but some officials are already shifting their approach to hitting the central bank’s inflation goal. The number of policy makers forecasting above-target inflation in three years’ time jumped to seven in
Date: January 27, 2020 Kingston Wharves Limited (KW) has advised that Ms. Anna Harry, Company Secretary, demitted office effective January 24, 2020. KW has further advised that the recruitment of an Attorney-at-Law to fill the vacancy is in progress. In the interim, Ms. Clover Moodie, Chief Financial Officer, will serve in that capacity. Analyst
January 27, 2020 During the period January to October 2019 the Jamaica’s imports amounted US$5,351.5 million increasing by 4.7% relative to US$5,111.50 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,369.3 million for the period under review, a decline of
January 27, 2020 Weekly Picks 27.01.20 ECL 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, is, or will be,
January 27, 2020 United States: U.S.-China Trade-Deal Targets May Be Too Ambitious “Purchase targets in the Beijing-Washington trade deal would boost U.S. exports of goods and services to China from roughly $160 billion in 2019 to $309 billion in 2021 -- a near-doubling of exports in two years, with the bulk of the increase reached in 2020. If these
January 24, 2020 Eleven states posted lower unemployment rates in December, while four states recorded higher rates for the same month. Unemployment rates remained stable in thirty-five states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were eight states with jobless rate decreases, one
Date: January 23, 2020 Pulse Investments Limited (PULS) has advised that the Company is considering a residential real estate development in Stony Hill, St Andrew. At this time plans are at a very preliminary stage and preparatory work is being undertaken, so as to inform a final decision. As soon as a final decision is
Date: January 23, 2020 Wisynco Group Limited (WISYNCO) has advised that at a Board meeting scheduled to be held on Thursday, January 30, 2020, the Board of Directors will consider a dividend payment to shareholders of the Company. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
Date: January 23, 2020 Express Catering Limited (ECL) has advised that the Directors have concluded on an interim dividend payment of US0.0245 cents (US$0.000245) per share for a total pay-out of US$401,187.50 to all shareholders on record as at February 7, 2020. It was proposed that the payment date be March 4, 2020. The ex-dividend
Date: January 23, 2020 Margaritaville (Turks) Limited (MTL) has advised that the Directors have concluded on an interim dividend payment of US0.23 cents (US$0.0023) per share for a total pay-out of US$155,250.00 to all shareholders on record as at February 7, 2020. It was proposed that the payment date be March 4, 2020. The ex-dividend
