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Megaworld allocates P36 billion for targeted capital expenditure initiative

Megaworld Corp., led by ANDREW L. Tan, raised its investment budget by 29 percent this year to P36 billion, up from P27.9 billion in actual capital expenses (capex) in...

ICTSI profits increase 51% as production and sales increase

ICTSI posted a 51 percent rise in its attributable net profits for the first three months of the year on Thursday, owing to terminal upgrades and “significant” contributions from...

Monde Nissin places the initial public offering price at P13.50

Following advice from its banking partners, MONDE Nissin Corp. has set the final price of its initial public offering at P13.50, approximately 23 percent lower than the P17.50 cap...

PH Resorts signs letter of intent with Japanese junket operator

PH RESORTS Group Holdings, Inc. has signed a letter of intent (LOI) with potential junket operator ASKI Japan Ltd. for the company's Emerald Bay integrated resort in Mactan, Cebu.

Technical input: SMPH | May 7, 2021 | Regina Capital

Stock: SMPHCompany: SM Prime HoldingsSupport: 33.47Resistance: 35.54 SMPH bucked the session yesterday, moving in the opposite direction of the index. Thanks...

Technical input: ALI | May 7, 2021 | Regina Capital

Stock: ALICompany: Ayala Land Inc.Support: 31.82Resistance: 32.76 / 33.00 ALI closed yesterday’s session with a gain of +0.20 pts or +0.62%...

Technical input: BDO | May 7, 2021 | Regina Capital

Stock: BDOCompany: BDO Unibank Inc.Support: 103.10Resistance: 104.90 BDO failed to breach its resistance at 104.91 for two consecutive tries already.

Technical input: MBT | May 7, 2021 | Regina Capital

Stock: MBTCompany: Metropolitan Bank and Trust CompanySupport: 42.83Resistance: 46.25 It appears to be that MBT’s not yet done with its sideways...

Technical input: LC | May 7, 2021 | Unicapital

Stock: LCCompany: Lepanto Consolidated Mining CompanySupport: 0.176Resistance: 0.201 LC closed at P0.182. We believe the stock remains bullish...