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Positive earnings results boost share prices

The stock market ended a two-day bleeding after a slew of positive corporate earnings results buoyed investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Nvidia exceeds expectations with strong results and forecasts as China sales decline significantly

Nvidia (NVDA) Exceeds Expectations with Strong Fourth-Quarter Earnings Graphics chip giant Nvidia (NVDA) has reported fourth-quarter earnings that surpassed analysts’ expectations, both on the top.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 22nd, 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

Nvidia Earnings Pose Critical Test for AI-Led Market Rally – The Daily Guardia

Dow Jones Futures Flat, Nvidia Earnings Loom Large In a recent update on Sunday night, Dow Jones futures remained unchanged, with all eyes on Nvidia.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

Stock market update: S& P 500 reaches all-time high following strong jobs report and impressive tech earnings.

Stocks closed the week on a positive note as the U.S. job market showed robust growth and tech companies delivered impressive earnings. The S&P 500.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Market gets ready for earnings results

The stock market is priming up for the release of fourth quarter and full-year 2023 corporate earnings starting this week after laying the groundwork for further ascent last week, traders said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

BSP boss shines spotlight on insider trading

As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

PNB books 10.4% growth in Q1 income

Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Haus Talk nets P243 million in 2023

Listed property developer Haus Talk Inc. saw its earnings jump by 23 percent to P242.6 million last year as revenue expanded by more than half......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

AllDay Supermarket earns 22% more in 2023

Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Exxon Mobil and Chevron Report Lower Earnings – The Daily Guardia

In the first quarter of this year, Exxon Mobil and Chevron, two of the largest American energy companies, reported lower earnings compared to the previous.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 27th, 2024

Philex net income drops on lower metal output

The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

BPI bullish this year amid continued loan growth

After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Rockwell 2023 income surpasses pre-pandemic level

Lopez-owned property developer Rockwell Land Corp. finished 2023 on a high note with earnings surpassing pre-pandemic level......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Vista Land ends 2023 with strong earnings

Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, capped off 2023 on a high note with a 39-percent increase in net income at P10.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

VMC net income tumbles on low sugar prices

Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Emperador earnings drop in 2023

Earnings of Emperador Inc. fell by double digits last year due to higher interest expense and tax......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Balai income up in 2023 on strong sales

Listed bakery operator Balai ni Fruitas Inc. saw its earnings expand by more than half in 2023 as sales sizzled during the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024