Corporate
SM Investment completes tender for 2Go shares; deal value at P5.16 billion
SM Investments Corp., the investment holding company of the Sy family, said Friday it completed the purchase of 352.7 million common shares of 2Go...
Large one-off gain last year undermines Globe 1Q earnings
Globe Telecom Inc., the second largest telecom company in the country, said Friday its first quarter net income dropped 47 percent to P7.3 billion...
Ayala prices preferred share re-issue at P2,500 apiece
Ayala Corp. has priced some 4 million class A preferred shares at P2,500 apiece under a reissuance exercise seen raising at least P20 billion...
Higher tax take bites off PLDT 1Q net income, revenue up 5%
PLDT Inc., the country’s largest telecommunications group, said Wednesday that first-quarter net income was flat at P9.02 billion from P9.08 billion in the year-earlier...
Asset base expansion, higher net interest income lift China Bank 1Q earnings
China Banking Corp., the country’s fifth largest lender by assets, said Wednesday net income in the first quarter rose 3 percent to P5 billion,...
