Voluntary Delisting of Liberty Telecoms

Makati—(PHStocks)—During a special meeting held today, the Board of Directors of Liberty Telecoms Holdings Inc. (PSE: LIB) approved and authorized the voluntary delisting of the company’s shares from The Philippine Stock Exchange Inc. (PSE). The voluntary delisting will be implemented and undertaken in accordance with, and pursuant to, the Delisting Rules of the PSE. The […]
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Globe Announces Partial Acquisition of San Miguel’s Telecoms Assets

Taguig—(PHStocks)—The Board of Directors of Globe Telecom Inc. (PSE: GLO), through its Executive Committee, approved the acquisition and signing of a sale and share purchase agreement and other related definitive agreements for the following entities: 50% of the issued and outstanding capital stock of Vega Telecom Inc. (VTI) from San Miguel Corp. (PSE: SMC); 50% […]
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Liberty Posts PhP897M Loss

Liberty Telecoms Holdings Inc. (PSE: LIB), a provider of high-speed Internet services backed by San Miguel Corp. (PSE: SMC) and Qatar Telecom, closed another year in the red while signaling—for the first time—that mounting losses are casting doubts on its business viability. Liberty said in its 2014 annual report that net losses for the year amounted […]
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PH Stocks Index Hit 7,937

Manila—(PHstocks)—The mainboard Philippine Stock Exchange (PSE) index rallied to 7,937.95 at the close of market on Tuesday, 12 July 2016, amid continued optimism over the prospects of a better government under President Rodrigo Duterte. The PSEi was up by 0.92%—sustaining its growth for a third session. The wider All-Shares index improved by 0.81%, closing at 4,795.85. […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in June

Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
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PSEi Continues Slow, Steady Growth

Manila—(PHStocks)—Philippine stocks extended their gains for a third day as investors digest earnings and market news abroad, with S&P 500 recording its 42nd record close of the year. The Philippine Stock Exchange (PSE) index further gained 0.64% or 45.94 points to close trading at 7,275.66 Tuesday, 18 November. Related Articles:PHStocks Week in Review: PH Stocks […]
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