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Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Angels rebound, Crossovers roll on
Petro Gazz and Chery Tiggo carved out contrasting wins over Capital1 Solar Energy and Nxled, respectively, and stayed in the thick of the fight for the semifinals of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena last night......»»
Go bounces back at Palos Verdes with 72
Lois Kaye Go, determined to rebound from a lackluster pro debut last week, did spring back at Rancho Palos Verdes here, seizing a one-stroke lead over Chihiro Ikeda with a 72 after 18 holes of the ICTSI Palos Verdes Championship......»»
Defending champs CS4 beats Davies Paints in AEBC Corporate Cup opener
CEBU CITY, Philippines — The defending champions, CS4, routed Davies Paints, 73-60, to start their title retention campaign on the winning side of the ongoing Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024. Kyle Esbra finished with a game-high of 22 points with one rebound, two steals, and two assists. Garrick Bande added.....»»
Saso, Pagdanganan open bid in Women s World tilt
Yuka Saso and Bianca Pagdanganan expect to rebound with strong performances in the Women’s World Championship after coming up short to post at least a Top 15 finish in last week’s Honda LPGA Thailand......»»
Lady Bulldogs, Blue Eagles eye bounce-back wins
Opening-day losers want no less than a big rebound although against each other as they try to barge into the winner’s circle of the UAAP Season 86 women’s volleyball tournament Saturday at the Mall of Asia Arena......»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
Alex Eala seeks rebound after Australian Open exit, nabs doubles win in India tournament
Alex Eala quickly brushes off her 2024 Australian Open qualifiers loss, bouncing back in doubles action in India to resume her pro season.....»»
GCash preparing for IPO in the last half of 2024
Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
Index gains as investors gobble up bargain stocks
The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains......»»
Philippine hosting of FIVB world men s volley tilt gains full backing from First Lady
The Philippines’ solo hosting of the FIVB Volleyball Men’s World Championship 2025 took one giant stride after First Lady Liza Araneta Marcos vowed her full support during an historic organizational meeting in Malacañang on Tuesday......»»
Stocks snap 6-day win streak
The stock market snapped its six-day winning streak yesterday as investors opted to pocket gains......»»
Consistent Perez gains PBA Player of the Week nod as Beermen sweep elims
CJ Perez, whose consistent performance made him the latest winner of the PBA Press Corps-Pilipinas Live Player of the Week, cautioned that there’s still no assurance for the rampaging Beermen......»»
Index soars on easing Mid East tensions
Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»
Economy likely grew by 6.2 percent in Q1
The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P)......»»
Bad for Phl’s image
While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»
Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth
For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Index closes flat on lack of market-moving news
The stock market opened the week with minimal gains as investors waited for catalysts......»»