If you are new in investing in the stock market it is easy to be amused how relatively easy it is to make a profit “buy a company when its stock price is low and sell when prices go up”. So as … [Read more...]
EDC swings back to profit, nets P5.7B
August 15, 2012 by Leave a Comment
Energy Development Corp., the country’s largest producer of geothermal energy, posted a net income of P5.7 billion in the first half of 2012, reversing the P2.3-billion net loss a year ago. EDC … [Read more...]
Atlas income drops despite higher sales
August 15, 2012 by Leave a Comment
Atlas Consolidated Mining & Development Corp.’s profit in the first half of 2012 dropped year on year even as sales grew. Company officials could not be reached for comparative figures and … [Read more...]
Chemrez set to buy back shares
August 15, 2012 by Leave a Comment
Chemrez Technologies Inc., the country’s leading biodiesel, resins and oleochemicals producer, is set to implement its long-delayed plan to buy back company shares. In a disclosure to the … [Read more...]
Phoenix Petroleum H1 income drops 33 percent
August 10, 2012 by Leave a Comment
DECLINING world oil prices dragged Phoenix Petroleum Philippines Inc.'s (PPPI) net income causing it to drop 33 percent in the first half of the year. In a disclosure to the Philippine Stock … [Read more...]
Nickel Asia 2012 first half net income down 26% amid low nickel prices
August 7, 2012 by Leave a Comment
Nickel Asia Corp. saw its net income for the first half drop 26 percent to around P1.27 billion from P1.73 billion last year. In their disclosure to the Philippine Stock Exchange Monday, Nickel … [Read more...]
PhilWeb investing P100M in gaming device maker
August 6, 2012 by Leave a Comment
Publicly listed gaming solutions provider PhilWeb Corp. will invest up to P100 million in a new firm that will manufacture gaming terminals for its local network of e-Games cafés and its various … [Read more...]
PPP projects seen boosting cement sales
August 6, 2012 by Leave a Comment
Cement maker Holcim Philippines sees a double-digit growth in cement business this year on the back of an accelerated government spending and steady rollout of construction projects by the private … [Read more...]
No takers for IP Converge tender offer
August 4, 2012 by Leave a Comment
THERE WERE no takers for the tender offer of 8990 Group to buy the remaining 20% stake in IP Converge Data Center, Inc. held by the public at the end of the transaction’s run on July 19, a … [Read more...]
Calata shares slump amid trading probe
August 2, 2012 by Leave a Comment
MANILA, Philippines - Calata Corp. slumped 26% to below its offer price after the Securities and Exchange Commission (SEC) confirmed it is investigating trading that tripled the stock price in the two … [Read more...]
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