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Melco drops plant to delist shares from stock market

Melco drops plant to delist shares from stock market.....»»

Category: financeSource: thestandard thestandardOct 19th, 2018

Tender offer for Melco Philippines shares deferred

THE majority shareholder of Melco Resorts and Entertainment (Philippines) Corp. (MRP) has deferred its plan to conduct a tender offer, effectively pushing back the company’s plan to delist from the Philippine Stock Exchange (PSE)......»»

Category: newsSource:  bworldonlineRelated NewsOct 2nd, 2018

Stock market drops ahead of rate decisions

The stock market extended a retreat on Wednesday with investors again in selling mode ahead of today’s Monetary Board meeting. The Philippine Stock Exchange index (PSEi)dropped by 0.87 percent or 63.96 points to close at 7,268.21. It touched bear level during intra-day trading by falling to as low as 7,205.04. The wider All Shares, meanwhile, [...] The post Stock market drops ahead of rate decisions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 26th, 2018

PSEi drops on inflation, US-China trade war fears

The stock market fell for a second day on Wednesday with analysts pointing to fears of higher inflation due to Typhoon Ompong’s impact, a weaker peso and the escalating US-China trade war. The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.89 percent or 65.11 points to close at 7,221.23 while the wider All Shares lost 0.76 [...] The post PSEi drops on inflation, US-China trade war fears appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 20th, 2018

Melco Resorts ready to delist its shares from stock exchange

Melco Resorts ready to delist its shares from stock exchange Source link link: Melco Resorts ready to delist its shares from stock exchange.....»»

Category: newsSource:  manilainformerRelated NewsSep 11th, 2018

Melco Resorts to delist

CITY of Dreams operator Melco Resorts and Entertainment Philippines Corp. (MRP) is planning to delist from the Philippine Stock Exchange (PSE) and is preparing to buy back shares held by the public. Melco Resorts told the bourse on Monday that its board had approved the voluntary delisting of its common shares. It added that majority [...] The post Melco Resorts to delist appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 10th, 2018

Melco Resorts and Entertainment Corp. voluntarily delisting shares

Melco Resorts and Entertainment (Philippines) Corp., the integrated casino resort behind City of Dreams, yesterday announced plans to voluntarily delist from the main board of the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsSep 10th, 2018

PSEi drops 1% ahead of holiday

The stock market plunged on Monday as investors pared their portfolios ahead of a dual holiday and a scheduled trade meeting between China and the United States. The benchmark Philippine Stock Exchange index (PSEi) dropped 1.09 percent or 82.99 points to close at 7,500.53 while the broader All Shares decreased 0.79 percent or 36.56 points [...] The post PSEi drops 1% ahead of holiday appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 20th, 2018

Italy crisis blamed as PSEi drops

THE stock market fell for third straight session on Tuesday as investor sentiment was dampened by emerging eurozone concerns. The benchmark Philippine Stock Exchange index (PSEi) dropped 0.53 percent or 40.54 points to close at 7,602.36. The broader All Shares dipped 0.16 percent or 7.44 points to finish at 4,640.67. “Italy’s political woes are scaring [...] The post Italy crisis blamed as PSEi drops appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 29th, 2018

Index drops back to 8,200 level

The local stock market bucked a regional rally on Tuesday, retreating back into the 8,200 level with investors said to be looking for news that would spur buying. The bellwether Philippine Stock Exchange index (PSEi) shed 32.79 points or 0.39 percent to close at 8,289.19, while the wider All Shares dropped 20.07 points or 0.41 [...] The post Index drops back to 8,200 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 22nd, 2017

National Book Store drops backdoor listing

NATIONAL BOOK Store, Inc. (NBS) will no longer pursue a backdoor listing, leaving the shares of its target company tumbling at the equities market. With NBS’s move, supposed listing vehicle Vulcan Industrial & Mining Corp. told the stock exchange the bookstore’s stake in the company would be unchanged. “Despite NBS’s decision to no longer pursue… link: National Book Store drops backdoor listing.....»»

Category: newsSource:  manilainformerRelated NewsNov 16th, 2017

National Book Store drops backdoor listing

NATIONAL BOOK Store, Inc. (NBS) will no longer pursue a backdoor listing, leaving the shares of its target company tumbling at the equities market. With NBS’s move, supposed listing vehicle Vulcan Industrial & Mining Corp. told the stock exchange the bookstore’s stake in the company would be unchanged. “Despite NBS’s decision to no longer pursue […] The post National Book Store drops backdoor listing appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsNov 16th, 2017

Stock market drops to 8,300 level

The stock market fell back into the 8,300 level on Monday with the bellwether Philippine Stock Exchange index (PSEi) down 0.86 percent or 72.63 points to close 8,348.32. The wider All Shares dropped 0.57 percent or 28 points to finish at 4,885.79. A Regina Capital Development Corp. analyst attributed the drop to continued profit-taking with [...] The post Stock market drops to 8,300 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 23rd, 2017

Stock Market: PSEi drops to 7,100 level on earnings, Fed hints

LOCAL shares continued to slump yesterday as rate hike hints from the US Federal Reserve and weak earnings from Philippine corporates dampened market sentiment......»»

Category: financeSource:  bworldonlineRelated NewsNov 3rd, 2016

Stock Market: PSEi drops below 7,800 line after Yellen speech

The signal from the US Federal Reserve on its next interest rate action weighed down local shares and pulled the main index below the 7,800 mark, a level some analysts earlier hoped would serve as a jump-off point to a rally......»»

Category: financeSource:  bworldonlineRelated NewsAug 30th, 2016

Stock market drops to near two-year low

THE stock market dropped to its lowest in nearly two years on Tuesday, tracking an overnight plunge on Wall Street said to have been triggered by fears over demand in...READ MORE The post Stock market drops to near two-year low appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 14th, 2018

PSEi drops 1.82% on profit-taking

THE stock market retreated in early trading on Wednesday as investors were said to be selling positions while waiting for the third-quarter gross domestic product report due on Thursday. At...READ MORE The post PSEi drops 1.82% on profit-taking appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 7th, 2018

Share prices rally on window dressing

The stock market entered the long holiday break in positive territory as shares were propped up by window dressing and some support from economic data abroad......»»

Category: financeSource:  philstarRelated NewsNov 1st, 2018

PSEi drops to 6,900 on US-Saudi tensions

THE stock market fell back to the 6,900 level on Monday as investor sentiment was dented by political tensions between the United States and Saudi Arabia. The benchmark Philippine Stock Exchange index (PSEi) traded most of the day in the green before falling by 1.12 percent or 78.26 points to close at 6,926.51. The broader [...] The post PSEi drops to 6,900 on US-Saudi tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 15th, 2018

Stocks slump to lowest in over 3 months

The stock market ended in the red yesterday, with the index falling below the 7,000 mark as foreign selling and the lack of fresh market catalysts prompted investors to continue dumping shares, traders said......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2018

Marginal gain snaps PSEi’s losing streak

The stock market snapped a three-day decline on Tuesday, posting a marginal rise attributed to bargain-hunting. The Philippine Stock Exchange index (PSEi) ended the day up 0.12 percent or 8.56 points at 7,059.38 but the All Shares fell by 0.28 percent or 12.15 points to finish at 4,335.69. Investors found an opportunity to hunt for [...] The post Marginal gain snaps PSEi’s losing streak appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018