Daily Market Summary April 16, 2018
Daily Market Summary 16.04.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
U.S.: Job Openings and Labor Turnover
April 16, 2018 All indicators reveals that the labor market remains stable for the month of February, a recent release from the U.S. Bureau of Labor Statistics reported. According to the report, “Over the month, hires and separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, the quits rate was unchanged at 2.2 percent and the layoffs and discharges rate was little changed at 1.1 percent.” The number of job openings remained flat at 6.1 million as at the end of February. Job Openings There were 6.1 million job openings for the month of February, similar
Special Advisory: Ciboney Group Limited (CBNY)
April 16, 2018 Ciboney Group Limited (CBNY) has advised that their Board of Directors has been informed by FINSAC that it wishes to dispose of its interest in CBNY. CBNY states that FINSAC control approximately 72% of the Company’s shareholding through Trumpton Limited [41%], Crown Eagle Life Insurance Company Limited [25%] and Eagle Merchant Bank of Jamaica limited [6%]. CBNY further states that they have noted that “FINSAC has advertised its shareholding for sale in the Gleaner on Sunday, April 8th inviting interested investors to submit offers on April 30th for its entire shareholding. If it is successful in identifying