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Monthly Archives: October 2011
Economic Outlook: October 13, 2011
Beyond the European horizon, the Philippine economy itself is facing lower growth projections from different organizations, governmental and non-governmental alike. Economic Planning Secretary and University of the Philippines Economics Professor Cayetano Paderanga is now projecting GDP growth to be around … Continue reading
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DAILY VIEW: WEEK 41, TD 197-198, October 12-13, 2011
MARKET ACTION: October 12, 2011, Wednesday SENTIMENTS reversed yet again after disappointing earnings from Alcoa, Inc. in the US and Slovakia rejected the enhanced bail-out fund in Europe, combined to snap the Dow’s advance Tuesday night. A possible “trade war” … Continue reading
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Economic Outlook: October 12, 2011
Amidst the fallout of Western markets and companies, state-run Asian energy companies have looked into investing and “buying out” Western energy companies in order to strategically place themselves in the potentially profitable Asian energy markets in the long term. Energy … Continue reading
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PSEi Performance – Gainers, Losers, Most Active – 10/12/2011
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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DAILY VIEW: WEEK 41, TD 196-197, October 11-12, 2011
MARKET ACTION: October 11, 2011, Tuesday INVESTORS cheered a surprise 330-points rise in Wall Street, sending stocks higher by nearly 80 points in early trades, extending Monday’s rebound off an intra-day low. About four stocks rose against each one that … Continue reading
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Dividend Declaration: A. Soriano Corp. (ANS)
A. Soriano Corp. (ANS) declared a cash dividend of PhP0.12 per share to holders as of October 26th, payable on November 21, 2011. Dividend represents a yield of 3.8% as of yesterday’s close. DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION … Continue reading
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Corporate News: SPC Power Corp. (SPC)
SPC Power Corp. (SPC) confirmed reports that its consortium has won the operations and maintenance contract for the 650-MW Malaya thermal power plant in Rizal province. SPC was the lone bidder submitting a bid of PhP715m for the contract. Longterm … Continue reading
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Corporate News: Boulevard Holdings, Inc. (BHI)
Boulevard Holdings, Inc. (BHI) said talks collapsed with Resom Resorts of Korea for a hotel and resort long-term lease in Puerto Azul. Details on Resom’s decision to pull-out from the talks were not given but it was reported that the … Continue reading
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Market Summary and Outlook:October 12, 2011
News of a new economic stimulus package from the Aquino government, coupled with easing concerns from abroad boosted local share prices anew on Tuesday. The PSEi benchmark index jumped 68.69 points, or 1.7% higher from the previous day, to close … Continue reading
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PSEi Performance – Gainers, Losers, Most Active – 10/11/2011
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 … Continue reading
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