Monthly Archives: March 2013

Accord Capital Daily, Wednesday, March 6, 2013

Posted on March 6, 2013 by research

MARKET RECAP LOCAL SHARE PRICES snapped a two-session slide driven by the Dow’s strong rebound off an intra-day low and rise to five-year highs. The government’s fiscal deficit for 2013 was capped at 2.3% of GDP, still less than programmed. … Continue reading →

Comments Off

Market Daily for Wednesday, 6 March 2013

Posted on March 6, 2013 by LawrenceAaron_DeLeon

March 6, 2013 HIGHLIGHTS: February inflation climbs to 3.4% on food, tobacco and alcoholic beverages EDC PhP5.0bn bond gets Aaa rating from Phil Ratings FLI to launch more MRB projects this year LTG 2012 net income up 29% to PhP7.5bn … Continue reading →

Comments Off

Company Update: Energy Dev’t. Corp.

Posted on March 5, 2013 by research

Company encounters engineering and operational setbacks in past week that may stall 2013 income growth; 2012 earnings up on higher salesfrom Green Core and FG Hydro units. Wind energy prospects pick up. For the full research, click here: EDC FY2012 DISCLAIMER: … Continue reading →

Comments Off

Accord Capital Daily, Tuesday, March 5, 2013

Posted on March 5, 2013 by research

MARKET RECAP THE MARKET TOOK AN EARLY HIT from news on the US sequester coming into effect Friday but found enough optimism from Fitch Ratings positive impression and an SWS poll revealing a population generally upbeat on this year’s prospects … Continue reading →

Comments Off

Accord Capital Daily, Monday, March 4, 2013

Posted on March 4, 2013 by research

MARKET RECAP THE BEARS FINALLY GOT ONE IN. After setting the 21st and 22nd record close for the year, the PSEI posted its first weekly drop as investors struggled to balance political concerns in Italy and the approach of a … Continue reading →

Comments Off

Market Daily for Monday, 4 March 2013

Posted on March 4, 2013 by LawrenceAaron_DeLeon

March 4, 2013 HIGHLIGHTS: Commercial banks loan growth slows to 15.4% in January from 16.2% in December EDC halts Bacman operation on turbine damage; signs US$300m wind farm deal PIP enters powdered juice drink business MPI declares PhP0.02 cash dividend … Continue reading →

Comments Off