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Neil Jerome Morales
Neil Jerome Morales
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Splash profit improves 46% to P42 M in H1
by Neil Jerome Morales - August 18, 2014 - 12:00am
Food company and personal care manufacturer Splash Corp. posted a hefty improvement in first semester profits on the back of strong sales and lower expenses.
PSE to launch new products, services in H2
by Neil Jerome Morales - August 18, 2014 - 12:00am
The Philippine Stock Exchange (PSE) is boosting its array of services and investment options starting in the second half in line with the goal of making the local bourse a world-class stock market.
Cosco Capital earnings flat at P1.5B in H1
by Neil Jerome Morales - August 16, 2014 - 12:00am
Profits of Cosco Capital Inc., the investment vehicle of retail magnate Lucio Co, barely changed in the first half as the retail business posted lower income contribution.
Lopez Holdings income up 27% to P1.81B
by Neil Jerome Morales - August 16, 2014 - 12:00am
The net income of the Lopez family’s investment firm posted a double-digit growth in the first half amid higher contribution from its operating units.
Century Properties net profit flat
by Neil Jerome Morales - August 16, 2014 - 12:00am
Upscale real estate firm Century Properties Group Inc. is all set to raise P3 billion from its maiden bond sale that will fund the construction of numerous residential towers in masterplanned developments in Metro...
Water rationing looms in 2015
by Neil Jerome Morales - August 13, 2014 - 12:00am
West zone concessionaire Maynilad Water Services Inc., the country’s largest water distributor, is considering water rationing early next year should a moderate El Niño weather phenomenon hit the country...
Megaworld profit nearly quadruples to P16.4 B
by Neil Jerome Morales - August 12, 2014 - 12:00am
Megaworld Corp., the flagship property unit of tycoon Andrew L. Tan, nearly quadrupled its first half earnings on the back of an asset sale and the strength of real estate operations.
GT Capital completes fundraising program
by Neil Jerome Morales - August 8, 2014 - 12:00am
Conglomerate GT Capital Holdings Inc. of tycoon George S.K. Ty has completed a major fundraising program this year with the listing of P12 billion bonds in the country’s fixed income trading platform.
D&L hikes profit target
by Neil Jerome Morales - August 8, 2014 - 12:00am
D&L Industries Inc., a manufacturer of customized food ingredients and specialty products, has upgraded its earnings guidance for the year on the back of a record performance in the first half.
Index breaches 7,000 points
by Neil Jerome Morales - August 5, 2014 - 12:00am
The Philippine Stock Exchange index broke through the 7,000 level yesterday, closing at its highest in almost a month as fund managers turned more optimistic on local stocks.
Trans-Asia Pet to list by way of introduction
by Neil Jerome Morales - August 2, 2014 - 12:00am
The petroleum exploration unit of Trans-Asia Oil and Energy Development Corp. is set to list in the local bourse.
Ayala unit reports 5-fold profit hike
by Neil Jerome Morales - August 1, 2014 - 12:00am
Ayala-led Integrated Micro-Electronics Inc. (IMI) posted a hefty income growth in the first semester due to strong demand from telecommunications, automotive and storage device customers.
RFM profit climbs 10%
by Neil Jerome Morales - July 25, 2014 - 12:00am
Stronger sales of high-margin products in the second quarter allowed food and beverage firm RFM Corp. to post a double-digit income growth in the first semester.
Pancake House to change name to Max’s Group after takeover
by Neil Jerome Morales - July 24, 2014 - 12:00am
Pancake House Inc. is changing its name to Max’s Group Inc. to reflect the latter’s takeover of the listed casual dining chain.
Philweb net income down 19% in Q2
by Neil Jerome Morales - July 22, 2014 - 12:00am
PhilWeb Corp., the gaming solutions provider of the Ongpin Group, posted lower earnings in the second quarter as interest expenses and lower income from an associate offset higher revenues.
MPIC expects record P7.8-B profit this year
by Neil Jerome Morales - July 21, 2014 - 12:00am
Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) is projecting to boost its net income by nearly a tenth to a new record high P7.8 billion this year.
Sinophil planning to sell shares
by Neil Jerome Morales - July 21, 2014 - 12:00am
Sinophil Corp., the holding firm for the gaming assets of the SM conglomerate, is looking to sell shares to the public to improve its liquidity.
DEI Properties hopes to cash in on townhouse, dorm projects
by Neil Jerome Morales - July 12, 2014 - 12:00am
Property developer DEI Properties Inc., founded by former Citi banker and real estate veteran Danilo Ignacio, is venturing into the niche market of pocket townhouse and dormitory projects in the metro.
PSE promotes corporate governance in Asean
by Neil Jerome Morales - July 7, 2014 - 12:00am
The operator of the local stock exchange has again joined the ranks of the top 50 Philippine companies that promote corporate governance and investor protection.
Vitarich seeks approval for corporate rehab exit
by Neil Jerome Morales - July 5, 2014 - 12:00am
Listed animal feeds and livestock firm Vitarich Corp. will seek court approval to terminate a 15-year corporate rehabilitation process on the back of a regained market competence and substantial debt reduction....
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