Ayala Education Unit to Merge with iPeople

Ayala Corp. (PSE: AC), AC Education Inc., House of Investments Inc. (PSE: HI), and iPeople inc. (PSE: IPO) signed the definitive agreements for the merger of AC Education with iPeople. The merger, which shall be completed as a statutory merger in accordance with Philippine law, shall be subject to the approval of the stockholders of […]
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Ayala Acquires NTC

AC Education Inc. (AEI), the wholly-owned education arm of Ayala Corp. (PSE: AC), was selected as the winning bidder of the tender process conducted for the sale of shares of National Teachers College (NTC). A Share Purchase Agreement for approximately 96% of NTC’s shares has been executed by the parties. The acquisition remains subject to […]
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Ayala Proposes Merger of AC Education with iPeople

iPeople Inc. (PSE: IPO), the listed holding company for the education sector of House of Investments Inc. (PSE: HI), a member of the Yuchengco Group of Companies, and AC Education Inc. (AEI), the wholly-owned education arm of Ayala Corp. (PSE: AC), have executed a Non-Binding term sheet for their potential merger. Under the Non-Binding term […]
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PHStocks Exclusive: Top 30 Best Performing Stocks in May 2017

Manila—(PHStocks)—The PHStocks top performers and losers list returns after several months of absence. As always, the list is based on the price performance of stocks based on their closing price at the last trading day of the prior month and their closing price at the last trading day of the month in review. So, without […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in August

Manila—(PHStocks)—Despite the “Hungry Ghost Month” superstition in stock market trading, there are still those no-nonsense investors who have gone into the market and acquired shares of these companies—boosting their stock prices for the month. Of course, news about the country’s 6.4% GDP growth for the second quarter of the year helped increase investor confidence, propelling […]
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PHStocks Exclusive: Top 50 Weakest Stock Price Performers in 2Q14

Manila—(PHStocks)—We recently posted the the top 50 stock price performers in the second quarter of 2014, the top 50 stock price performers for the month of July and the strongest stock price performers for the three months running (May, June, and July). This post features the 50 weakest performers in the second quarter. They are as […]
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PH Stocks Surge on Upbeat Market Sentiment

Manila—(PHStocks)—The Philippine stock market was up for the fourth session, tracking regional markets on strong factory data in the United States. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.12% or 73 points to close the week at 6,587.72. All counters are in the green, led by the Property sector, which gained 2.19%. […]
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PH Stocks Fall Further on Chinese Economy Slowdown

Manila—(PHStocks)—Philippine stocks extended their declines Friday, 14 March, on investor worries on China’s economic growth. The Philippine Stock Exchange index (PSEi) slid by 0.6% or 38.55 points to close this week’s trading at 6,391.24. Except for the Holding Firms segment, which rebounded by 0.43%, all remaining counters were in the red. The Services sector dropped […]
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