Aboitiz Equity Ventures Grows 2016 Full-year Profit by 27% to PhP22.5B

Taguig—(PHStocks)—Aboitiz Equity Ventures Inc. (PSE: AEV) saw its consolidated net income increase by 27% year-on-year (YoY) from PhP17.7 billion in 2015 to PhP22.5 billion in 2016. This translates to PhP4.02 in earnings per share. Power accounted for 65%, followed by the Banking and Financial Services, Food, Infrastructure, and Land strategic business units (SBUs) with income […]
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UnionBank Assigned an Issuer Rating of PRS Aaa

Makati—(PHStocks)—Union Bank of the Philippines (PSE: UBP), one of the leading universal banks in the country, was assigned an issuer rating of PRS Aaa (corp.) by Philippine Rating Services Corp. (PhilRatings). A “PRS Aaa” is the highest corporate credit rating assigned on the PRS scale. An issuer rating is an opinion on the general and […]
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UnionBank Declares Cash Dividends

The Aboitiz family’s Union Bank of the Philippines (PSE: UBP) has secured regulatory approval to distribute earnings to shareholders, covering about a quarter of last year’s profits. Read More Source: Philippine Daily Inquirer Related Articles:Unionbank Offers to Buy Export BankAboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016UnionBank Assigned an Issuer Rating of PRS AaaPHStocks Exclusive: […]
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Unionbank Offers to Buy Export Bank

Aboitiz-led Union Bank of the Philippines (PSE: UBP) has offered to come in as the white knight of Export and Industry Bank (EIB), proposing a framework to revitalize the shuttered bank as part of the universal bank’s strategy to grow in preparation for the Southeast Asian economic integration. Read More Source: Philippine Daily Inquirer Related Articles:UnionBank […]
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PHStocks Exclusive: 50 Top-performing Stocks for 2013

The Philippine stock market had a heck of a ride in 2013. The year started with a record high 5,860.99 points (2 January), following 2012’s ender at 5,812.73 (28 December 2012). What followed were historic high upon historic high finishes for the Philippine Stock Exchange index (PSEi). Things get even more interesting as the country […]
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PHStocks Exclusive: Top 50 Stock Performers for December

Here are the top 50 stock performers for the month of December (last trading date, 27 December 2013): 1. MacroAsia Corp. (PSE: MAC): PhP 3.95, 106.8% 2. Synergy Grid & Development Phils. Inc. (PSE: SGP): PhP390.00, 25.89% 3. Atlas Consolidated Mining and Development Corporation (PSE: AT): PhP14.54, 24.49% Related Articles:PHStocks Exclusive: 50 Top-performing Stocks for 2013PHStocks Exclusive: […]
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PH Stocks Close Higher Ahead of Holidays

Manila—(PHStocks)—Philippine stocks recover Monday, 23 December, as investor confidence get a boost from news that the U.S. economy has grown faster than projected in the third quarter. The Philippine Stock Exchange index (PSEi) went up by 0.34% or 19.75 points to close today’s trading at 5,854.88. Related Articles:PH Stocks Down for Second SessionPH Stocks Edge […]
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