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
January 24, 2020 United States: Even the Fed Struggles to Nail Down the Meaning of ‘Full Employment’ “The year 2019 was humbling for the Federal Reserve. The central bank was forced to unwind a series of interest-rate hikes it had implemented the year before, citing strains on the U.S. economy from President Donald Trump’s trade
January 23, 2020 Brent Oil Brent oil prices decreased by 4.12% or US$2.66, as prices fell this week relative to the prior week. Oil traded on January 23, 2020 at a price of US$61.95 per barrel relative to US$64.61 on January 16, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
January 23, 2020 United States: Democrats Warn Trump Can’t Be Above Law as Case Heads to Day Two “House impeachment managers launched their case for removing Donald Trump from office by depicting him as a president who is vindictive, untruthful, unbound by the law and above all, willing to abuse his power at the expense
Date: January 22, 2020 Key Insurance Company Limited (KEY) has advised that the Company has received a Takeover Bid Circular from GraceKennedy Financial Group Limited on January 20, 2020 with an offer to purchase 100% of the Company’s issued share capital at the price of $2.01 per ordinary share. KEY has further advised that the
Date: January 22, 2020 Caribbean Producers (Jamaica) Limited (CPJ) has advised that the Company has entered into a Management Agreement with Taste of Life Limited, this agreement was finalized on January 17, 2020. Under the terms of this agreement, Taste of Life Limited will assume responsibility for the day to day operations and management of
Date: January 22, 2020 Wigton Windfarm Limited (WIG) has advised of the appointment of Earl Barrett as Managing Director of the Company effective January 20, 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
January 22, 2020 Total employed labour force increased by 29,200, in October 2019 compared to October 2018, with the unemployment rate amounting to 7.2% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,200 increase in the labour force, employment of males rose by 10,600 to 682,800, while for females an increase of
January 22, 2020 United States: Trump Trial Rules Set After McConnell Fields Pushback From GOP “The Senate set the terms for Donald Trump’s impeachment trial, but not before Majority Leader Mitch McConnell and the president got a reminder that a small group of GOP senators can determine how it will play out. The Senate voted
Date: January 21, 2020 GraceKennedy Limited (GK) has announced plans to further strengthen and expand its Financial Division through an offer by the holding company, GraceKennedy Financial Group Limited (GKFG), to acquire general insurance entity, Key Insurance Company Limited, a company listed on the Junior Market of the Jamaica Stock Exchange. The offer follows the
