January 30, 2020 For the first quarter ended December 31, 2019, Barita Investments Limited (BIL) net interest income rose by 69% amounting to $208.62 million relative to $123.61 million for the comparable quarter in 2018. “This increase was driven by continued increase in our balance sheet assets due to the continued deployment of the capital
United States: U.S. Farm Chief Presses EU to Throw Doors Open to American Foods “U.S. Agriculture Secretary Sonny Perdue signaled that a renewed transatlantic trade truce will require more ambitious European Union efforts to ease imports of American foods. Perdue criticized an idea being pursued by the bloc of a piecemeal accord that would scale back European
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