Monthly Archives: September 2011

Economic View: September 22, 2011

Posted on September 22, 2011 by research

A recently-conducted survey from the Bangko Sentral ng Pilipinas (BSP) showed that OFW beneficiary families have saved less in the 3rd quarter of 2011. The primary cause of this was the continued appreciation of the peso versus the dollar, which … Continue reading →

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Economic View: September 21, 2011

Posted on September 21, 2011 by research

As if paying tribute to the 30th anniversary of statesman Ferdinand E. Marcos’ declaration of Martial Law, today’s market ended with almost all stock market indices going down, with the notable exception of the mining and oil sector, with a … Continue reading →

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COMPANY NEWS & DEVELOPMENTS: PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, INC. [TEL]

Posted on September 21, 2011 by research

The Special Meeting scheduled Tuesday, September 20, 2011 was called off due to an anticipated lack of quorum. A new date for the meeting will be announced in due course. DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION … Continue reading →

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COMPANY NEWS & DEVELOPMENTS: MANILA WATER CORPORATION [MWC]

Posted on September 21, 2011 by research

The Company declares cash dividends per share of php0.28 setting the ex-dividend date at September 29th, record date on October 4th, and payment date on October 27th. In the same meeting, the Board also affirmed the Executive Committee resolution approving … Continue reading →

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DAILY MARKET VIEW: TD 183, 21 September 2011

Posted on September 21, 2011 by research

STOCKS FALL AS INVESTORS TAKE TO SIDELINES STOCKS fell across-the-board and across the Asian region Tuesday with sentiments pulled by fears Greece may go into default while Italy’s rating was downgraded a notch by Standard and Poor’s. The PSEI thus … Continue reading →

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Dividend Declaration: Manila Water Co. (MWC)

Posted on September 21, 2011 by research

Manila Water Co. (MWC) declares a cash dividend of PhP0.28 to common shares. Ex-date is on 29 September, payable on 27 October 2011. (ldl) DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO … Continue reading →

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Corporate News: Banco de Oro Unibank (BDO)

Posted on September 21, 2011 by research

Banco de Oro Unibank (BDO) will issue PhP3.0bn worth of Peso unsecured subordinated notes. The notes will have a tenor of 10 years and 3 months with coupon rates based on prevailing 10-year PDST-F benchmark rates. Offer period for the … Continue reading →

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Corporate News: Alliance Global Group, Inc. (AGI)

Posted on September 21, 2011 by research

Alliance Global Group, Inc. (AGI) said it will open four new hotels within the Resorts World Manila (RWM) complex in the next five years. Once complete, the area will have a total of seven hotels with more than 2,800 rooms … Continue reading →

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Market Summary and Outlook: September 21, 2011

Posted on September 21, 2011 by research

Increasing concerns over a wider economic slowdown in emerging markets as a result of creeping debt problems in richer countries pulled share prices sharply lower Tuesday. The PSEi main index plunged 88.17 points, or 2.04% lower from the previous day, … Continue reading →

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Economic View – September 19-20, 2011

Posted on September 20, 2011 by research

Markets around the globe are still rocking on the uneasy situation created by the Greek default scare. Market tension has created a new paradigm of distrust and it is feared that the euro itself might collapse on continental Europe. Italy … Continue reading →

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