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Iris Gonzales
Iris Gonzales
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Century Properties nets 29% less in H1
by Iris Gonzales - August 15, 2020 - 12:00am
Century Properties Group, the Antonio family-led property company, posted a net income of P458.1 million in the first half of the year, 29 percent lower than the previous year.
Alliance Global cuts earnings to P4.1 billion in H1
by Iris Gonzales - August 15, 2020 - 12:00am
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw a 67 percent decline in its first half income to P4.1 billion, largely due to the negative impact of the coronavirus disease 2019 or COVID-19...
Ayala Corp profit down 79% to P8 billion
by Iris Gonzales - August 15, 2020 - 12:00am
Ayala Corp., the country’s oldest conglomerate, reported a 79 percent decline in net income to P8 billion in the first half of the year, mainly due to the dampened economic activities as a result of the coronavirus...
Index halts 4-day upswing, holds just above 6,000
by Iris Gonzales - August 15, 2020 - 12:00am
Stocks ended their four-day upswing yesterday, closing the week just above the 6,000 mark, as investors realigned their portfolio amid a standstill in economic stimulus talks in Congress.
Stocks sustain uptrend on hopes of easing lockdown
by Iris Gonzales - August 14, 2020 - 12:00am
Share prices continued to strengthen yesterday, rallying for a fourth straight day, as investors pin their hopes on lighter quarantine measures by next week.
Living with the virus
by Iris Gonzales - August 13, 2020 - 12:00am
Like the different stages of grief, many of us have come to accept the grim reality that we woke up to – the existence of the coronavirus disease 2019 or COVID-19.
Russia COVID-19 vaccine hopes lift index higher
by Iris Gonzales - August 13, 2020 - 12:00am
The stock market rose for the third straight day yesterday, mostly on hopes that a vaccine against the coronavirus disease 2019 or COVID-19 pandemic has been approved by Russia.
LTG earnings up 9% in 7 months
by Iris Gonzales - August 12, 2020 - 12:00am
LT Group Inc., the listed holding company of taipan Lucio Tan, grew its first half net income by nine percent to P10.03 billion.
Emperador dominates Mexico brandy market
by Iris Gonzales - August 12, 2020 - 12:00am
Emperador Inc., the Andrew Tan-led brandy company, has taken control of the brandy market in Mexico.
PSEi sustains gains as global growth outlook brightens
by Iris Gonzales - August 12, 2020 - 12:00am
Share prices ended higher yesterday, sustaining Monday’s gains, as leading economies worldwide showed signs of recovery in July, traders said.
Eagle Cement net profit down 61% in 1st half
by Iris Gonzales - August 11, 2020 - 12:00am
Eagle Cement Corp., the listed cement company owned by the Ang family, continued to make profits in the first half of the year although lower than year-ago figures even as the economy fell into a recession.
Ayala Group pivots to adapt amid pandemic
by Iris Gonzales - August 11, 2020 - 12:00am
The Ayala Group is working to find a balance between protecting lives and restoring livelihoods as a response to the COVID-19 pandemic.
Bargain hunting buoys share prices
by Iris Gonzales - August 11, 2020 - 12:00am
The stock market opened the week on a strong note, buoyed by bargain hunting as investors took advantage of some stocks that have become cheaper over the past weeks.
FDC income up 24% in H1
by Iris Gonzales - August 11, 2020 - 12:00am
Filinvest Development Corp., the listed conglomerate of the Gotianun group, reported a net income of P7.2 billion in the first half of 2020, up 24 percent.
SEC issues CDO against BOSS network
by Iris Gonzales - August 10, 2020 - 12:00am
The Securities and Exchange Commission, the corporate regulator, has raised a red flag on another fraudulent investment scheme, this time by a company called the Building Our Success Stories Network or BOSS Net...
A panacea for recession
by Iris Gonzales - August 10, 2020 - 12:00am
From big burger makers to beer giants, conglomerates are feeling the brunt of the impact of the coronavirus disease 2019 or COVID-19 on the business environment.
MVP group to continue Philippines expansion
by Iris Gonzales - August 10, 2020 - 12:00am
The MVP Group, the conglomerate of several regulated businesses chaired by tycoon Manuel V. Pangilinan, said the group would continue to expand in the country despite the crisis and regulatory hurdles.
Index to remain in tight range
by Iris Gonzales - August 10, 2020 - 12:00am
Share prices are expected to trade within a tight range this week with immediate resistance seen at the 6,000 level after seeing support at the 5,700 to 5,800 level last week.
Villar Group launches online delivery service
by Iris Gonzales - August 9, 2020 - 12:00am
The Villar Group has launched an online delivery service platform to cater to its affiliate brands AllHome, AllDay and Coffee Project across all branches and to other businesses as well.
San Miguel losses hit P4 billion in H1
by Iris Gonzales - August 8, 2020 - 12:00am
Diversified conglomerate San Miguel Corp. incurred a net loss of P4 billion in the first half of the year, a hard landing from a P26.1 billion profit in the same period a year ago.
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