PHStocks Exclusive: Top 30 Worst Performing Stocks in June

Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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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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RCBC Net Income at PhP3.5B for the First Nine Months of 2016

Makati—(PHStocks)—Rizal Commercial Banking Corp. (PSE: RCB) posted an unaudited consolidated net income of PhP3.50 billion for the nine months ended September 30, 2016. Excluding trading gains and the one-off item relating to the BSP supervisory enforcement action, core earnings increased by 33% year-on-year. Annualized Return on Equity and Return on Assets stood at 7.82% and […]
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RCBC Investigating Deposit of $81M at Jupiter Branch

MAKATI—(PHStocks)—Rizal Commercial Banking Corp. (RCBC, PSE: RCB) is investigating the deposit of $81 million in its Jupiter branch and the subsequent transactions thereon, RCBC’s Corporate Vice Chairman Cesar E.A. Virata said in a statement. Virata assured that the bank is cognizant of its bank secrecy obligations and will at all times maintain confidentiality of its accounts. […]
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LRMC Inks PhP24B Loan Facility, EPC for LRT 1 Cavite Extension

Makati—(PHStocks)—Light Rail Manila Corp. (LRMC), a joint venture company of Metro Pacific Investments Corp.’s (PSE: MPI) Metro Pacific Light Rail Corp. (MPLRC), Ayala Corp.’s (PSE: AC) AC Infrastructure Holdings Corp. (AC Infra), and the Philippine Investment Alliance for Infrastructure’s Macquarie Infrastructure Holdings (Philippines) Pte Ltd (MIHPL), announced the simultaneous signing on 11 February 2016 of […]
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RCBC Posts PhP5.1B Net Income for 2015

Makati—(PHStocks)—Rizal Commercial Banking Corp. (PSE: RCB) posted an unaudited consolidated net income of PhP5.1 billion for 2015, 15.2% higher than the PhP4.4 billion net income reported for 2014. Earnings per share (EPS) settled PhP3.73, PhP0.62 per share or 20% better than the PhP3.11 EPS reported for the same period last year. Return on equity reached 9.24% […]
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Phinma Sells Shares in SWU to Subsidiary

Makati—(PHStocks)—Phinma Education Holdings Inc., a wholly owned subsidiary of Phinma Corp. (PSE: PHN), acquired from Phinma 21,331 shares in Southwestern University (SWU) for PhP2.54 billion. The acquisition was funded primarily by a long-term loan from Rizal Commercial Banking Corp. (PSE: RCB) and China Banking Corp. (PSE: CHIB) in the amount of PhP1.4 billion and PhP900 million, […]
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RCBC Bond Offering Raises $320 Million

Makati—(PHStocks)—Rizal Commercial Banking Corp. (RCBC, PSE: RCB) successfully raised US$320 million worth of senior unsecured Reg S bonds due 2021, off its Medium Term Note Programme. RCBC capitalized on a window of opportunity that saw relatively improved market conditions. RCBC received orders of over $1.3 billion, over four times its intended issuance. The oversubscription allowed RCBC to tighten […]
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