Melco Crown Changes Corporate Name

Paranaque—(PHStocks)—The Board of Directors of Melco Crown (Philippines) Resorts Corp. (PSE: MCP), during the Special Board Meeting held on February 1, 2017 approved the change in corporate name of the corporation to Melco Resorts and Entertainment (Philippines) Corp., and the change in stock symbol to MRP. Whereas, the stockholders on April 7, 2017 during a […]
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Belle Net Profit Up 74% in 2016

Pasay—(PHStocks)—Belle Corp. (PSE: BEL) realized consolidated net income of PhP3.1 billion for 2016, which is PhP1.3 billion (74%) higher than net income of PhP1.8 billion for 2015. Excluding extraordinary items, principally a capital gain of PhP352 million on the sale of 26 million shares of SM Prime Holdings Inc. (PSE: SMPH) in July 2016, Belle’s […]
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Belle 9M 2016 Net Income Grows 64%

Pasay—(PHStocks)—Belle Corp. (PSE: BEL) realized consolidated net income of PhP1.9 billion for the nine months ended September 30, 2016, representing an increase of PhP729 million (64%) from net income of PhP1.1 billion for the first nine months of 2015. This performance continues Belle’s record of underlying earnings growth. Excluding extraordinary items, principally a capital gain […]
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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 March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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Belle Corporation Realizes 29% Growth in Recurring Income in 2015

Pasay—(PHStocks)—Belle Corp. (PSE: BEL) realized operating revenues of PhP5.2 billion and recurring net income of PhP1.3 billion for the year ended December 31, 2015. Due to its strong operating and financial performance, the company paid a total of PhP2.9 billion (PhP0.275/share) in cash dividends to its shareholders during 2015, comprised of a special dividend of […]
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PHStocks Exclusive: Top 40 Worst Finishers in 2015

Manila—(PHStocks)—Yesterday, we featured the top 40 best performing stocks in 2015. (You can see the list here). This time, we will list the top 40 “losing” stocks for the year. I won’t say they are the worst performers though. I am sure most of these companies have several ups during the past 12 months. However, […]
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Belle Nets PhP1.1B for 9M 2015

Pasay—(PHStocks)—Belle Corp. (PSE: BEL) realized operating revenues of almost PhP4 billion and net income of PhP1.1 billion for the nine months ended September 30, 2015. Due to its strong operating performance, the company has already paid a total of PhP2.9 billion in cash dividends to its shareholders during 2015. Belle’s operating revenues of PhP4 billion for the first […]
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