Jenniffer B. Austria
Stocks decline on negative cues from Wall Street
Philippine stocks ended the week in the red on negative cues from Wall Street.
The Philippine Stock Exchange index plummeted by 40.10 points, or 0.60...
PH shares rebound on declining world oil prices ahead of OPEC meet in June
Local shares rebounded Thursday from two straight days of decline on the back of declining oil prices in the world market.
The bellwether Philippine Stock...
CREC slashes IPO price to P2.70 per share
Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by...
SEC approves SM Prime’s P100-b financing program for expansion
The Securities and Exchange Commission (SEC) approved the P100-billion bond shelf registration program of property developer SM Prime Holdings Inc.
The SEC said in a...
Nasugbu LGU asks banks to deny RCI loans
The local government unit of Nasugbu, Batangas asked banks not to extend financial support to listed firm Roxas and Co Inc. (RCI), pending the...
Villar’s Vista Land, AllDay Supermarket posted higher incomes in first quarter
Vista Land & Lifescapes Inc. and AllDay Supermarket, both owned by the Villar family, posted double-digit growth in their first quarter profits, showing strong...
CREC prices IPO at P2.70 per share
Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by...
Stocks extend losses on peso depreciation
Philippine stocks extended their losses for a second straight trading day on worries about the depreciation of the peso against the US dollar.The Philippine...