January 29, 2020 Based on the latest information received by the Federal Open Market Committee (FOMC) since the last meeting in December 2019, the FOMC has noted that economic activity continues to rise at a moderate rate and labour market remains strong. In the recent months, the unemployment rate has remained low, while job
Date: January 29, 2020 MPC Caribbean Clean Energy Limited (MPCCEL) has advised that following the closure of the Rights Issue on January 10, 2020, all applications have been satisfied in full and 10,242,382 New Class B Shares have been issued and allotted to Applicants. Analyst Certification -The views expressed in this research report accurately reflect
Date: January 29, 2020 Eppley Limited (EPLY) has advised that the Board of Directors of the Company will meet on Thursday, February 13, 2020 to consider the payment of an interim dividend to stockholders. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
January 29, 2020 Gross job gains from opening and expanding private-sector, from March 2019 to June 2019 , amounted to an increase of 230,000 jobs from the previous quarter to 7.6 million according to the Bureau of Labour Statistics (BLS). It was also noted that gross job losses from closing and contracting private-sector establishments booked
January 29, 2020 United States: Loan Applications to Buy U.S. Homes Climb to 11-Year High “Loan applications to purchase U.S. homes increased to an 11-year high last week as Americans took advantage of a drop in mortgage rates to their lowest since late 2016. The Mortgage Bankers Association’s purchase index climbed 5.3% in the week
January 28, 2020 In the third quarter of 2019, the euro area’s real household income per capita rose by 0.4%, following an increase of 0.3% in the prior quarter. Whereas, household real consumption per capita rose by 0.4% in the third quarter, after a rise by 0.1% in the second quarter of 2019. The EU28
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,
