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5 12, 2019

Overseas Headlines- December 05, 2019

2019-12-05T08:57:28-05:00

Date: December 05, 2019 United States: U.S. Labor Market Is Helping Trump and Fed Be More Patient “The Federal Reserve and President Donald Trump may be at loggerheads over interest rates, but they have one thing in common right now: the resilient U.S. labor market is helping both be more patient. For the Fed, the November employment

4 12, 2019

AMG reports 55% increase in year end net profits

2019-12-04T16:33:40-05:00

Date: December 4, 2019 AMG Packaging and Paper Company Limited (AMG) for the year ended August 31, 2019 recorded turnover in the amount of $762.30 million (2018: $718.92 million), an increase of 6% when compared to 2018. Total cost of sales amounted to $606.29 million, an increase of 7% relative to the corresponding period in

4 12, 2019

Trade in Shares: Supreme Ventures Limited (SVL)

2019-12-05T08:54:33-05:00

Date: December 04, 2019 Supreme Ventures Limited (SVL) has advised that a connected party purchased 11,246 SVL shares and that a connected party sold 12,000 SVL shares. These transactions were conducted on November 26, 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited

4 12, 2019

Board Resignation/Board Appointment: Key Insurance Company Limited (KEY)

2019-12-05T08:53:29-05:00

Date: December 04, 2019 Key Insurance Company Limited (KEY) has advised that the nomination of Ms. Kerry-Ann Heaves as alternate Director for Kala Abrahams was approved by the Board of Directors on December 2, 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited

4 12, 2019

Board Resignation/Board Appointment: Seprod Limited (SEP)

2019-12-05T08:52:36-05:00

Date: December 04, 2019 Seprod Limited (SEP) has advised of the following changes to its Executive Management team: Kimberly Naar resigned from the position of Commercial Manager effective November 22, 2019. Glenise Durrant- Freckleton resigned from the position of Group Strategy and Planning Manager effective November 30, 2019.   Disclaimer: Analyst Certification -The views expressed

4 12, 2019

Board Resignation/Board Appointment: Carreras Limited (CAR)

2019-12-05T08:51:32-05:00

Date: December 04, 2019 Carreras Limited (CAR) has advised of the resignation of Mr. Marcus Steele as Managing Director of the Company effective January 31, 2020. CAR has further advised that Mr. Raoul Glynn has been appointed Managing Director designate effective February 1, 2020. Mr. Glynn has also been appointed to the Board of Directors

4 12, 2019

Overseas Headlines-December 4, 2019

2019-12-04T08:46:21-05:00

December 4, 2019 United States: U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric “The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. The people, who

3 12, 2019

BPOW reports 4% decrease in six months net profits

2019-12-03T17:04:00-05:00

December 03, 2019 Blue Power Group Limited (BPOW), for the six months ended October 31, 2019 booked a 14% decrease in revenue to total $231.43 million compared to $270.40 million for the corresponding period in 2018. Revenue for the quarter totalled $112.75 million, 15% below last year’s corresponding quarter of $132.59 million. BPOW highlighted, “With effect

3 12, 2019

SALF reports 36% decrease in year end net profit

2019-12-03T13:17:43-05:00

December 03, 2019 Salada Foods Jamaica Limited (SALF), for the year ended September  30, 2019 recorded a 7% increase in turnover to close at $1.11 billion (2018: $1.04 billion). The movement occurred, “despite a challenging first quarter as operations were impacted due to a boiler accident,” as noted by the SALF. For the fourth quarter, revenue

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