Current category: Business
COL Revenues Rises 16% to Php208 Million for Q1
COL’s Philippine operations delivered record-breaking results during 1Q13 with operating profits climbing 11.1% to Php127.8 Million. Earnings grew as revenue jumped by 16% to Php208 Million, driven by the 21% increase in commissions and the 5% increase in interest income. Read the full article here. Related Articles:No Related Posts
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PH Stocks Continue Downtrend
Manila—(PHStocks)—Philippine stocks were down for a second session Friday, 24 May, amid continued profit taking. The benchmark Philippine Stock Exchange (PSE) index closed at 7,268.91, down by 0.62% from yesterday’s close of 7,314.38. All counters bled. The Industrials shed 0.7% while the Financials slid by 0.64%. Both the Mining and Oil and Services indices dropped by 0.61%. The wider All Shares index, on the other hand, slid by 0.44%. Trading…
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Tags:AGI , ALI , Alliance Global , ATN , ATN Holdings , ATNB , Ayala Land , Bank of the Philippine Islands , Bankard , BDO , BDO Unibank , BKD , BPI , CEI , CLOUD , Crown Equities , DIZ , Dizon Copper-Silver , F & J Prince , FJP , green , Greenergy , IP Converge , iPeople , IPO , LIHC , Lodestar Investment , Lopez , LPZ , MARC , Marcventures , Mariwasa SIAM , MBT , MEG , Megaworld , Metrobank , Metropolitan Bank & Trust Company , MMI , Panasonic , Pancake House , PCKH , Philippine Long Distance Telephone Co. , PLDT , PMPC , SM , SM Investments , SMIC , SUN , Suntrust , TEL , TKC Steel , United Paragon , Universal Robina , UPM , URC , Vivant , VUL , Vulcan , VVT
PH Stocks Near Record High
Manila—(PHStocks)—Philippine stocks continued their climb Wednesday, 22 May, as investors continue to remain bullish in the country’s economic outlook. The benchmark Philippine Stock Exchange (PSE) index went up by 0.78% or 57.49 points to close today’s trading at 7,385.07 – less than 10 points away from its record high 7,392.2. All counters are back in the green, led by the Holding Firms index, which increased by 0.93%. The Industrials went…
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Tags:2GO , 2GO Group , AC , AGI , ALI , Alliance Global , Ayala , Ayala Land , BDO , BDO Unibank , Cebu Property , Century Peak Metals , CPM , CPV , CPVB , DFNN , DIZ , Dizon Copper-Silver , EVER , Ever-Gotesco , F & J Prince , FJP , Forum Pacific , FPI , GT Capital , GTCAP , IRC , IRC Properties , IS , Island Information , LT Group , LTG , MBT , Megaworld , MEGW1 , Metrobank , Metropolitan Bank , MG , Millenium Global , Philippine Long Distance Telephone Company , Phinma , PHN , PLDT , PRIM , Prime Media , ROX , Roxas Holdings , Seafront Resources , SM , SM Investments , SMIC , SPM , TEL , TKC Steel , United Paragon Mining , Universal Robina , UPM , URC , Victorias Milling , VMC
EastWest Completes Seventh Tranche of LTNCD
Taguig—(PHStocks)—East West Banking Corporation (EastWest, PSE: EW) successfully completed the seventh tranche of its LTNCD with face value amounting to PhP78,880,000.00. EastWest expects to continue the issuance program in several tranches within the period allowed by the Bangko Sentral ng Pilipinas (BSP) but not to exceed PhP5 billion. Related Articles:PHStocks Week in Review: History in the MakingPHStocks Week in Review: Strong 2013 OpenerPHStocks Dividend Roundup: ABS, PNX, SECB, ICT, URC,…
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LT Group 1Q2013 Net Income Up 53% to PhP5.8B
Makati—(PHStocks)—LT Group Inc. (PSE: LTG) posted a 53% increase in its net income to PhP5.8 billion for the first quarter of 2013 on the back of strong performance of the conglomerate’s banking and property segments. Net income attributable to equity holders increased by 36% to PhP3.8 billion. The Group’s consolidated revenues as of 31 March 2013 grew by PhP2.2 billion to PhP17.7 billion due to higher revenues from banking, distilled…
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