Monthly Archives: October 2011

Daily View: WEEK 43, TD 205-206, October 24-25, 2011

Posted on October 25, 2011 by research

MARKET ACTION: October 24, 2011, Monday ASIAN markets showed up with guarded optimism despite the uncertainties that prevailed over the weekend, posting gains at the open. Tokyo stocks were up 120 points approaching midday, and so were the China markets. … Continue reading →

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Corporate News: Greenery Holdings, Inc. (GREEN)

Posted on October 25, 2011 by research

Greenery Holdings, Inc. (GREEN) said it has approved the initiative to negotiate for the acquisition of Isabela Alcogas Corp., an ethanol producer in Misamis Occidental. It also agreed to team with China’s Tianjin Tianbao Investment for the development and funding … Continue reading →

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Corporate News: Philippine Long Distance Telephone Company (TEL)

Posted on October 25, 2011 by research

Philippine Long Distance Telephone (TEL) confirmed that it intends to keep the Sun Cellular brand and its unlimited-type of mobile services once the TEL deal to acquire Digital Telecommunications (DGTL) is finalized. It has been reported that the teleom regulators … Continue reading →

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Corporate News: Petron Corp. (PCOR)

Posted on October 25, 2011 by research

Petron Corp. (PCOR) reported a net income of PhP1.56bn in 3Q11, 14% lower from the same period last year. Sales volume for the quarter decreased by 7% due to weaker demand following the series on oil price hikes this year. … Continue reading →

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Corporate News: Metro Pacific Investments Inc. (MPI)

Posted on October 25, 2011 by research

Metro Pacific Investments Inc. (MPI) has entered into an agreement with its affiliate, Medical Doctors, Inc., to acquire 100% of Colinas Verdes Hospital Managers Corp (CVHMC). Colinas Verdes, which is a subsidiary of Medical Doctors, has a lease agreement with … Continue reading →

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Market Summary and Outlook: October 25, 2011

Posted on October 25, 2011 by research

A recent surge in global equity markets pushed local share prices higher on Monday, sending the main index above a key resistance level once again. The PSEi benchmark index rose 34.48 points, or 0.83% higher from Friday, to close at … Continue reading →

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PSEi Performance – Gainers, Losers, Most Active – 10/24/2011

Posted on October 24, 2011 by research

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading →

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Economic Outlook: October 24, 2011

Posted on October 24, 2011 by research

As announced earlier last week, the United States’ economy rose last quarter, with its GDP increasing 2.5% annually after advancing 1.3% in the previous three months, according to Bloomberg News. The unexpected growth was attributed to the increased consumption of … Continue reading →

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CORPORATE DEVELOPMENTS: IPVG CORPORATION [pse: IP]

Posted on October 24, 2011 by research

The Company issued a clarification with respect to the rumored take-over and backdoor listing of a third party that has resulted in wild gyrations in the issues’ market price over the last two weeks. In a disclosure to the Exchange, … Continue reading →

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WEEKLY VIEW: WEEK 43, TD 205 to 209, October 24 to 28, 2011

Posted on October 24, 2011 by research

ANALYSIS & OUTLOOK: THE outcome of Sunday’s European crisis summit will be the major external driver for local sentiments heading into the last 10-weeks of trades. Earnings expectations will add impetus increased market activity following the previous week’s rather tepid … Continue reading →

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