Daily Market Summary 13.03.19 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, directly
Date: March 13, 2019 Kingston, Jamaica: LASCO Manufacturing Limited (LASM) recently completed the construction of a 65,000-square-foot warehouse at its White Marl complex at an approximate cost of US$5.2 million. The new warehouse is annexed to LASCO’s liquid beverage manufacturing operations and provides storage space for raw and packing materials as well as finished products.
United States: U.S. Business-Equipment Orders Advance by Most in Six Months Orders placed with U.S. factories for business equipment rebounded in January by the most in six months, a sign demand is withstanding concerns about slower global growth and the trade war with China. Non-military capital goods orders excluding aircraft -- a proxy for business
Date: March 12, 2019 Highlights of GK’s recent financials for the year ended December 31, 2018 and plans for the upcoming financial year were provided at its’ Investor briefing by Group’s Chief Executive Officer (CEO), Mr. Don Wehby and Group’s Chief Financial Officer, Mr. Frank James. The Group showcased the following highlights for 2018: Applied
Daily Market Summary 12.03.19 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, directly
March 12, 2019 Adrian Thompson, CEO of Credit Union Fund Management Company Ltd, signs the sales agent agreement with Tania Waldron-Gooden, director of investment banking, Mayberry Investments Ltd, while Mckoy Jackson, Mayberry senior manager, looks on. There is a great deal of planning going into next month's Wigton Wind Farm's IPO (initial public offering).
United States: U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more room to stick to its plan for being patient on raising interest rates. Excluding food and energy, the so-called core
Date: March 11, 2019 Indies Pharma Jamaica Limited reported revenue of $168.18 million, 11% higher than the $151.20 million booked in 2018. Cost of Sales decreased 16% to close at $49.94 million (2018: $59.24 million), This resulted in Gross profit increasing by 29%, amounting to $118.24 million for the period relative to $91.96 million in
Date: March 11, 2019 Interest income fell by 0.6% to $731.26 million relative to 2017’s $735.67 million. Interest income for the quarter amounted to $208.02 million, 17% above the $117.77 million booked for the similar quarter of 2017. Additionally, other interest income for the year was realized at $7.10 million (2017: nil). Management noted, “this
Daily Market Summary 11.03.19 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, directly