Tag: Stock market
Condat Wins AUD1.5 Million Deal With Major German Media Firm
AUSTRALIA - Leading big data solutions company Invigor Group Limited (ASX:IVO) has announced that Berlin-based Condat AG, which Invigor proposes to acquire, is a...
Philippine Stock Exchange Approves Three More IPOs for 2015
The Philippine Stock Exchange, Inc. (PSE) has recently approved the initial public offering (IPO) applications of real estate developer Italpinas Development Corporation, and construction...
BDO Unibank Named Among ASEAN’s Top 50 Listed Firms
BDO Unibank Inc (BDO), one of the Philippines' leading banks, is among the recipients of the inaugural ASEAN Corporate Governance Awards Top 50 ASEAN...
This Week’s Top 10 Philippine Stocks
Philippine stocks further dipped on Friday's close on the continued global weakness and the impending US Fed rate hike. The Philippine Stock Exchange...
New Zealand’s Steel & Tube (NZE:STU) Posts Higher Profits
Steel & Tube Holdings Ltd (NZE:STU), New Zealand’s biggest steel distributor, posted sales of $502 million for the year ending June 2015, with after-tax...
Ayala (PSE:AC) Posts Php17.7 Billion Earnings in Nine Months
MANILA, Philippines - The sustained earnings momentum of its telecommunications, real estate and banking units, including capital gains realized in the third quarter, drove...
Jeju Sun Hotel & Casino Ordered Closed for One Month
JEJU ISLAND – Jeju Island’s gaming regulator, CRD, has imposed an administrative penalty of one month suspension of gaming operation of Jeju Sun casino...
Energy Development Corp (PSE:EDC) Reports Lower Income in Nine Months
PHILIPPINES - Energy Development Corporation (PSE:EDC) reported a consolidated recurring net income attributable to equity holders of the Parent of Php7.0 billion for the...
ABS-CBN Posts 23 Percent Rise in Net Income to Php1.9 Billion
PHILIPPINES – Philippine media and entertainment company ABS-CBN reported a 23 percent rise in net income in the first nine months of this year...
Tencent’s Stock Gains in Hong Kong On Positive News
Tencent Holdings Ltd (HKG:700)'s stock gained 1.445 percent in today's trading at the Hong Kong Stock Exchange on news that it is in talks...
GMA Network Reports Almost 80 Percent Growth In Net Income
PHILIPPINES - GMA Network’s strong financial performance in the first semester continued into the third quarter of 2015 with both its airtime revenues and...
Analyst Upgrade Fails to Lift Pfizer (NYSE:PFE)’s Stock
Pharmaceutical blue chip Pfizer Inc (NYSE:PFE)'s stock receive analyst upgrades on Tuesday but the news was not well-received by investors as PFE's shares were...
Philippine Stocks Up While Most Asian Shares Decline
PHILIPPINES - Asian stocks moved in and out of the red in today's trading session due to a slowdown in China's manufacturing sector in...
Megaworld (PSE:MEG), Travellers Build Php65-Billion Westside City Near Manila Bay
MANILA, Philippines – Megaworld (PSE:MEG), the country’s leading developer of integrated urban townships, and Travellers International Hotel Group, Inc., the developer and operator of...
SM Prime’s Recurring Income Grows 15 Percent in Jan-Sept Period
MANILA - SM Prime Holdings, Inc. (PSE:SMPH), the Philippines’ leading integrated property company, reported a 70 percent surge in its consolidated net income to...
Philippine Stocks Open Higher on All Souls’ Day
PHILIPPINES - Philippine stocks traded at the Philippine Stock Exchange (PSE) opened higher on Monday's bell even as most Filipinos are still observing All...
ICTSI (PSE:ICT)’s Mexican Subsidiary Signs US$260M Project Finance Loan
PHILIPPINES - Contecon Manzanillo, S.A. (CMSA), a wholly owned subsidiary of Philippine-based container terminal operator International Container Terminal Services Inc (ICTSI) (PSE:ICT), has signed...
Southeast Asia Stocks Most Up; PSEi Up 0.35 Percent
PHILIPPINES - Most Southeast Asian stock markets rose on Thursday, after dropping in the previous close, while investors cautiously monitor the result of a...
Santos Limited (ASX:STO) Rejects Takeover Bid from Scepter; Shares Up 16 Percent
AUSTRALIA - Australian oil and gas producer Santos Limited (ASX:STO)'s stock soared 16.18 percent at noon on the Australian Stock Exchange after the company...
Philippine Hotel and Leisure Stocks Up in Today’s Trading
PHILIPPINES - Three of the four listed hotel and leisure firms on the Philippine Stock Exchange (PSE) gained in today's trading, with the remaining...