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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......»»
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......»»
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......»»
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.....»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
Figaro income up in 6 months
Improvement in volume from store expansion and opening boosted the earnings of Figaro Coffee Group Inc. (FCG) in the first half of its current fiscal year......»»
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......»»
Phinma earnings rise to P1.63 billion on higher enrolment
Diversified investor Phinma Corp. registered its best enlistment year in its education segment in 2023, helping it drive up profit to P1.63 billion with the help of expansion in other industries......»»
Factory activity expands at fastest pace in 5 months
The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»
19 drug dens in CV shut down in a span of 4 months – PDEA-7
CEBU CITY, Philippines – A total of 19 drug dens from all over Central Visayas were successfully shut down by authorities in a span of 4 months. Leia Alcantara, spokesperson of the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7), shared that this is the result of their anti-drug operations from January 1 to May.....»»
Robinsons Bank systems convert into BPI in 18 months
Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»
DepEd eyes aggressive return to June-March calendar to escape heat
The Department of Education is eyeing to shorten next year's school calendar by two months as part of its most aggressive proposal yet to return to a schedule that ends classes before the hot months of April and May......»»
Ecozone investments slip by 9% in 4 months
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»
Over P600 billion projects approved in 4 months – BOI
Investments approved by the Board of Investments (BOI) have reached more than P600 billion in the first four months of the year......»»
Rust armorer sentenced to 18 months over deadly on-set shooting
The armorer who loaded the gun that killed a cinematographer on the set of the Alec Baldwin movie "Rust" was sentenced to 18 months in prison by a US court......»»