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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

Citing importance of internet connectivity, group urges lifting of lease fees for telcos

A consumer group has called to suspend the lease fees for telecommuncations companies, saying that internet connection in the digital era is a basic necessity......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Government urged to lift ecozone ban in Metro Manila

The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

MMDA suspends number coding scheme on March 28, 29

The Metropolitan Manila Development Authority will be temporarily lifting its number coding scheme on March 28 (Maundy Thursday) and March 29 (Good Friday), which were earlier declared as regular holidays......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Dovish Powell lifts markets to historic highs

Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Padilla, Navarro power Squires in routing Braves

Daniel Padilla and Jolo Navarro teamed up in lifting back-to-back title-seeking Letran to a 106-85 decimation of Arellano University on Wednesday and keeping its iron grip of the lead in NCAA junior basketball at the Filoil EcoOil Arena......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024

Recto backs insurance for OFWs

The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

Category: newsSource:  manilanewsRelated NewsJan 21st, 2024

Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE

Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 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

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024