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Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Figaro quarterly profit up 7% y/y (121% q/q)

Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

GMA Network profit falls to P3.2 billion in 2023

Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

GOCC handling Clark complex posts 33 percent profit drop in 2023

The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Stocks slip on profit-taking

The stock market fell for a second consecutive session yesterday as investors stayed mostly on the sidelines ahead of the release of the country’s gross domestic product......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

'India taking rapid strides internationally': Rajnath Singh

Lucknow (Uttar Pradesh) [India], March 10 (ANI): Defence Minister Rajnath Singh on Sunday said that the world's leaders and people have a very positive perception of India adding that the country is taking rapid strides internationally. While addressing the 'Kayasth Parivar Abinandan programme,' in Lucknow, the Defence Minister said, "India is taking rapid strides internationally. You people would have gone to foreign cou.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

'India taking rapid strides internationally': Rajnath Singh

Lucknow (Uttar Pradesh) [India], March 10 (ANI): Defence Minister Rajnath Singh on Sunday said that the world's leaders and people have a very positive perception of India adding that the country is taking rapid strides internationally. While addressing the 'Kayasth Parivar Abinandan programme,' in Lucknow, the Defence Minister said, "India is taking rapid strides internationally. You people would have gone to foreign cou.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Duterte has stopped taking fentanyl before becoming President — Panelo

MANILA, Philippines —  Former President Rodrigo Duterte stopped taking Fentanyl even before his election as the chief executive of the country in 2016, according to his then chief legal counsel, Salvador Panelo. President Ferdinand R. Marcos Jr. on Monday alleged that the former president is taking fentanyl. In a text message to INQUIRER.net, Panelo reiterated.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Drug supply in Visayas to decline after P9.68B ‘shabu’ haul in Batangas

CEBU CITY, Philippines – The drug supply in Visayas region is expected to drop dramatically following the seizure of P9.68 billion worth of shabu in a Batangas port. The Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) said it is anticipating the decline since the seized contraband is expected to be distributed to the southern.....»»

Category: newsSource:  inquirerRelated News10 hr. 42 min. ago

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Alcover pushes for agricultural scholarships amid student decline

Alcover pushes for agricultural scholarships amid student decline.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

DA moving to prevent decline in onion farmgate price

Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Daily Guardian: Delta Airlines (NYSE:DAL) Shares Decline Following Revised FY24 Forecast

Delta Airlines (NYSE:DAL) experienced a decline in pre-market trading as it reported its Q4 and FY23 results, causing concerns among investors. The airline’s FY24 earnings.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Rice stocks down 25 percent in December – PSA

The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Stocks extend losing streak

Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Stocks advance anew on rosy corporate earnings

Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024