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Petron reports 51 percent jump in 2023 earnings

The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Stock traders to keep track of inflation, earnings data

Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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

Dangerous heat index expected in 30 areas nationwide, including NCR

State weather bureau PAGASA reported that the heat index in 30 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Saturday......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Cebu temperatures to hit 40°C as scorching weather persists

CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

Blue Eagles soar past Lady Falcons for winning exit

The Ateneo Blue Eagles ended their roller-coaster UAAP Season 86 women’s volleyball campaign in a positive way as they made quick work the Adamson Lady Falcons, 25-13, 25-17, 25-21 Wednesday at the Smart Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsApr 24th, 2024

Gaza aid: Ships with a second round of food, supplies departed Cyprus

JERUSALEM — A three-ship convoy left a port in Cyprus on Saturday with 400 tons of food and other supplies for Gaza as concerns about hunger in the territory soar. The World Central Kitchen charity said the vessels and a barge carried enough to prepare more than 1 million meals from items like rice, pasta,.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Social Media Firms Shares Soar in Stock Market Debut

India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

Prices of food supplies in Mindanao markets soar amid Ramadhan

The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Lady Falcons soar past Lady Warriors

Adamson pounced on the Jerry Yee-less University of the East, 25-19, 25-19, 26-28, 29-27, to get back on track in the UAAP Season 86 women’s volleyball tournament yesterday at the Mall of Asia Arena......»»

Category: sportsSource:  philstarRelated NewsMar 3rd, 2024

EV sales soar six-fold, thanks to tariff relief

The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024