Daily Archives: May 15, 2014

COMPANY UPDATE: Emperador, Inc. (EMP)

EMP-Whyte&Mackay deal Brandy-maker buys 100% of Scottish whisky maker Whyte & Mackay for GBP430m (PhP31.6bn) in an all-cash deal. Purchase to expand liquor footprint, boost long-term earnings. BUY ON WEAKNESS. Price target: PhP12.76 Upside: 8.8%

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Accord Capital Highlight, May 15, 2014

PHILIPPINE SHARES are having a good run so far this year – despite voices of concern that greeted the year in light of Yolanda’s wake. This in fact sounds like an understatement. With still a month-and-a-half in the balance for … Continue reading

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