United States: Fed Signals Law Is on Its Side If Trump Tries to Remove Powell The world’s most powerful central bank is making clear it thinks the law is on its side if President Donald Trump tries to remove Jerome Powell as Federal Reserve chairman. White House lawyers have equipped Trump with a possible blueprint
Date: June 19, 2019 Based on the latest information received by the Federal Open Market Committee (FOMC) since May, the FOMC has noticed the labour market remained strong, whilst economic activity has been rising at a solid rate. According to the FOMC, “on average, in recent months job gains have been strong and the unemployment
Date: June 18, 2019 1834 Investments Limited, for the year ended March 31, 2019, revenue declined by 39% from $45.38 million for the comparable period in 2018 to $27.87 million in 2019. For the quarter, the Company generated revenue of $5.99 million (2018: $10.57 million), a 43% decline year over year. Other operating income fell
Date: June 18, 2019 Consumer Price Index – May 2019 The consumer price index for the month of May 2019 recorded an inflation rate of 0.8%, following a 0.1% increase in its index for April 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of May rose to
June 18, 2019 Victoria Mutual Investments Limited (VMIL) has advised that a Director sold 11,725 VMIL shares on June 14, 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
June 18, 2019 Dolphin Cove Limited (DCOVE) has advised that at the Board meeting scheduled for Wednesday 26, June 2019, consideration will be given to the payment of an interim dividend. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
June 18, 2019 Seprod Limited (SEP) has advised that a Senior Officer sold 43,200 SEP shares on June 10, 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.
June 18, 2019 United States: U.S. Housing Starts Stabilize as Building Permits Edge Up U.S. new-home construction fell in May after an April reading that was stronger than initially reported, signaling stabilization in the market amid lower borrowing costs. Residential starts dropped 0.9% to a 1.27 million annualized rate after a revised 1.28 million
June 17, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that the Memorandum of Understanding between its portfolio company Muse 360 Integrated Limited (“Muse”) and Trend Media Limited (subsidiary of Digicel Jamaica Limited) which was signed on January 14, 2019 (as per release dated January 16, 2019) has been delayed until August 31,
June 17, 2019 Mayberry Investments Limited (MIL) has advised that Mr. Adrian Dunkley has resigned from his post as VP – Compliance & Risk, effective May 3, 2019. MIL also advised that Ms. Rene Mitchell has been promoted from Senior Manager – Compliance Risk to AVP – Compliance & Risk, effective May 6, 2019.
