First Metro Sells 20% Stake at Global Power to Meralco PowerGen
Makati—(PHStocks)—First Metro Investment Corp. (First Metro) and Meralco PowerGen Corp. (MGen) have signed a Shareholders’ Agreement (SHA) to complete the sale of
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Author: PHStocks
Mixed Sentiment Extends PH Stocks’ Declines
Manila—(PHStocks)—Philippine stocks finished the week on weak note as investors stay out of the market amid mixed signals in global
Read MoreMPIC Completes Investment in CLDH in Tarlac
Manila—(PHStocks)—Metro Pacific Investments Corp. (PSE: MPI) has finalized its acquisition of a 51% equity stake in Central Luzon Doctors’ Hospital
Read MoreEmperador Acquires New Vineyard Land, Prepares to Enter Vietnam
Manila—(PHStocks)—Emperador Inc.‘s (PSE: EMP) offshore unit Emperador International Ltd has acquired another 409 hectares of vineyard land within the province of Madrid,
Read MoreMetrobank to Issue LTNCDs
Manila—(PHStocks)—Metropolitan Bank & Trust Company (Metrobank, PSE: MBT) received Board approval to issue a Program of up to PhP20 billion worth
Read MorePH Stocks Slip on Profit Taking
Manila—(PHStocks)—Philippine stocks falter Thursday, 24 October, as investors locked in their gains after a two-day rally. The Philippine Stock Exchange
Read MorePH Stocks Up on Expectations Fed Stimulus will Continue
Manila—(PHStocks)—Philippine stocks closed higher on Wednesday, 23 October, as investors took the cue from the weak jobs report in the
Read MorePH Stocks Take Pause on Profit Taking
Manila—(PHStocks)—Philippine stocks retreated slightly Monday, 21 October, as investors locked in their gains. The mainboard Philippine Stock Exchange index (PSEi)
Read MoreAUB Rural Bank Arm Gets MB Nod
Pasig—(PHStocks)—The Monetary Board has approved in principle the application of Rural Bank of Angeles (RBA), a subsidiary of publicly listed
Read MoreMoody’s Upgrades Metrobank to Investment Grade
Makati—(PHStocks)—Metropolitan Bank & Trust Company (Metrobank, PSE: MBT) was upgraded to investment grade status by Moody’s Investors Service (Moody’s). The Bank’s
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