Price Earnings Ratio: A Guide for Investors

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 common sense suggests, the most important question to ask yourself when you are […]

BDO To Establish $2-Billion Euro Medium Term Note Program

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MANILA, Philippines — BDO Unibank, Inc. (BDO) announced yesterday plans to establish a US$2 billion Euro Medium Term Note (EMTN) program and to retire P10 Billion of Tier 2 debt by November 2012. The bank said in a disclosure to the Philippine Stock Exchange that these are part of its liability management initiatives to tap […]

Philippine Bonds Gain on Rate-Cut Outlook, Debt Swap; Peso Rises

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Philippine bonds gained this week on speculation the central bank will reduce interest rates further, and after the government said it is considering swapping debt for shorter-dated securities. The peso rose. Governor Amando Tetangco said Aug. 1 the nation’s inflation outlook allows more room for policy action, if needed. Bangko Sentral ng Pilipinas cut the […]

August 2, 2012: Philippine stocks fall for 2nd day

MANILA, Philippines—Most local stock prices dipped for a second day on Thursday, tracking lackluster regional equity markets ahead of a crucial European Central Bank meet. The main-share Philippine Stock Exchange index shed 5.32 points, or 0.1 percent, to close at 5,293.40. The local index was weighed down most by the mining/oil and property counters. Turnover […]

Vista Land raising P300M more on top of P4.5B five-year notes

The investment holding firm of the Villar family, Vista Land & Lifescapes (VLL), is raising P300 million more from its oversubscribed five-year corporate notes, which was last pegged at P4.5 billion. “Proceeds from the offering will be utilized partly to refinance some of the company’s existing debt and for general corporate purposes,” VLL said in […]

BDO Semester Profit Grows 15%

bdo

BDO Unibank, Inc. (BDO) reported a 15 percent improvement in its unaudited net income for the first half of 2012 to P5.83 billion from to the P5.05 billion in profits posted in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said it continued to strengthen its business franchise […]

Bangko Sentral seen to cut rates

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Financial markets are increasingly betting that the Bangko Sentral ng Pilipinas will slash key interest rates to new record lows within the year or as early as this week’s monetary policy meeting, given the trend of global easing to cushion against external economic shocks. Three big foreign houses—JP Morgan, ING Bank and Goldman Sachs—recently issued […]

July 19, 2012: Philippine stocks dip as investors wait for 2nd-quarter corporate earnings

MANILA, Philippines—Most local stocks slumped for a third straight session on Thursday, bucking an upswing in the region, as investors paused to await the local second-quarter corporate earnings season. The main-share Philippine Stock Exchange index gave up early session gains to close 31.18 points, or 0.6 percent, lower at 5,189.37 in thin trade. Although most […]

July 18, 2012: Philippine stocks down 1.22%

MANILA, Philippines—Local stock prices tumbled sharply on Wednesday as a treasury share sale by a blue chip company was seen as a signal of a “toppish” market while gloomy US outlook dampened appetite across the region. The main-share Philippine Stock Exchange index shed 64.57 points, or 1.22 percent, to finish at 5,220.55, led lower by […]

July 17, 2012: Philippine stocks dip on Wall Street decline

MANILA, Philippines—Most local stocks faltered on Tuesday, tracking the overnight decline on Wall Street rather than the upswing across the region. The main-share Philippine Stock Exchange index shed 12.87 points, or 0.24 percent, to finish at 5,285.12 in mixed and thin trading. Intraday losses were tempered as regional markets were buoyed by hopes for economic […]