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25 10, 2019

Overseas Headlines- October 25, 2019

2019-11-27T09:54:21-05:00

October 25, 2019 United States: Fed Seen Cutting Rates Next Week and Then Hitting Pause Button “Federal Reserve officials will signal they’re likely to take a break from cutting interest rates after lowering them again next week, according to a majority of economists surveyed by Bloomberg. In an Oct. 21-24 poll of 40 economists, 85% said they

25 10, 2019

MPCCEL reports net loss of US$45,860 for the nine months ended September 30, 2019

2019-11-01T19:45:18-05:00

September 25, 2019 MPC CARIBBEAN CLEAN ENERGY LIMITED (MPCCEL) For the Nine Months Ended September 30, 2019: MPCCELL recorded revenues of US$205,858 relative to nil reported for the prior year’s corresponding period. Revenue for the quarter amounted to US$56,778 compared to nil for the same quarter in 2018. Total expenses  amounted to US$251,718 (2018: $30,098).

24 10, 2019

Government debt down to 86.4% of GDP in Euro Area (EA19)

2019-11-27T09:54:35-05:00

October 24, 2019 As at the end of the second quarter of 2019, the government debt to GDP ratio for the euro area (EA19) was 86.4% relative to 86.5% at the end of the first quarter of 2019. According to a report published by Eurostat, the statistical office of the European Union, “In the EU28,

24 10, 2019

Overseas Headlines- October 24, 2019

2019-11-27T09:54:48-05:00

October 24, 2019 United States: U.S. Business-Equipment Orders Drop Second Month, Miss Forecast “Orders placed with U.S. factories for business equipment declined for a second straight month and shipments matched the biggest drop since 2016, the latest sign the dimmer global growth outlook and trade tensions with China are weighing on companies.The proxy for business

23 10, 2019

Key Embarks on Cost-Cutting Initiatives

2019-11-27T09:54:59-05:00

October 23, 2019 “The past year was challenging but one in which we experienced exceptional growth,” stated by Chairman, Mrs. Natalia Gobin-Gunter, at the 3rd Annual General Meeting of Key Insurance Company Limited (KEY). She added that despite the increase in growth there was a sharp rise in the company’s claim experience. Consequently, management responded

23 10, 2019

Board Resignation: SSL Venture Capital Jamaica Limited (SSLVC)

2019-11-27T09:55:11-05:00

Date: October 23, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that effective October 15, 2019, Mr. Gavin Valentine and Mr. Kadeen Mairs have resigned as Directors of SSLVC.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify

23 10, 2019

Dividend Consideration: Fontana Limited (FTNA)

2019-11-27T09:55:42-05:00

Date: October 23, 2019 Fontana Limited (FTNA) has advised that the payment of a dividend will be considered at a special Board of Directors’ meeting scheduled to be held on Tuesday, October 29, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research

23 10, 2019

Jamaica’s Imports Rose 11.8% While Exports Fell 2.6%

2019-11-27T09:55:23-05:00

October 23, 2019 During the period January to July 2019 the Jamaica’s imports amounted US$3,833.9 million increasing by 11.8% relative to US$3,429.8 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,007.8 million for the period under review, a decline of

23 10, 2019

USA Monthly Economic Review- September 2019

2019-11-27T09:55:53-05:00

Date: October 23, 2019 Please see attached USA Monthly Economic Review. USA Economic Review -September 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 this report. Each research analyst (s) also certify

23 10, 2019

Overseas Headlines-October 23, 2019

2019-11-27T09:56:01-05:00

October 23, 2019 United States: Trump Move Could Spark Another Exodus of U.S. Jobs Researchers “Donald Trump has called its work “phony.” His Acting Chief of Staff Mick Mulvaney warned that President Obama was “manipulating” its numbers. Economic adviser Larry Kudlow termed one of its reports “very fluky.” Is it a House oversight committee? A Democratic think tank? No,

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