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ABS-CBN News
Updated as of Jul 02 02:12 PM

ABS-CBN remained at the top of national TV ratings as it attracted more viewers in June, registering an average audience share of 44 percent, data from Kantar Media showed. Read more »

ABS-CBN kinilala dahil sa maayos na pamamalakad ng kompanya

ABS-CBN News
Posted at Jun 21 08:43 PM

Pinarangalan ng Institute of Corporate Directors para sa mahusay na pamamalakad sa kompanya ang ABS-CBN. Read more »

ABS-CBN among PH's top firms, only media network cited for 'good governance'

ABS-CBN News
Posted at Jun 21 04:50 PM

ABS CBN Corp. is among the top organizations in the Philippines and the only media network to receive a recognition for its outstanding corporate governance awarded by the Institute of Corporate Directors (ICD). Read more »

Investors to get 'superior incentives' with TRABAHO Bill, says Lambino

ABS-CBN News
Updated as of Jun 05 10:55 AM

MANILA - The second package in the Duterte administration's comprehensive tax reform program aims to give superior set of incentives to push investments in the country. Read more »

European chamber bats for 'bolder' corporate income tax reform

ABS-CBN News
Posted at Jun 04 07:35 PM

The Philippines should take a "bolder" move to reduce corporate income taxes so that the country can attract more foreign investors, an European business group said Tuesday. Read more »

Lopez Holdings doubles Q1 net income on ABS-CBN boost

ABS-CBN News
Posted at May 15 10:53 AM

Net income attributable to shareholders rose to P2.29 billion in the first quarter from P1.10 billion during the comparable period in the previous year, Lopez Holdings told the stock exchange. Read more »

SM Investments net income up 26 percent in Q1

ABS-CBN News
Posted at May 09 02:55 PM

SM Investments Corporation said Thursday it posted a net income of P10.7 billion in the first quarter of 2019, up 26 percent from the same period last year. Read more »

Manila Water net income falls on supply shortage costs

ABS-CBN News
Posted at May 09 09:13 AM

The Ayala-led utility said it posted net income of P1.23 billion in the January to March period. Read more »

Disney parks lift earnings, 'Avengers: Endgame' streaming date announced

Lisa Richwine and Vibhuti Sharma, Reuters
Posted at May 09 08:47 AM

Disney is trying to transform from a cable TV leader to a streaming media powerhouse that, like Netflix Inc, sells subscriptions directly to consumers. Costs to build digital services will weigh on profits for several years, the company has said. Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas. Read more »

Petron income dragged down by TRAIN, higher world oil prices

ABS-CBN News
Posted at May 07 07:03 PM

Petron, the country's biggest oil company, said its net income went down in the first three months of the year amid higher fuel excise taxes, and as world oil prices began rising again. Read more »

SM Prime net income rises 16 percent in Q1

ABS-CBN News
Posted at May 06 04:21 PM

Net income attributable to shareholders reached P8.8 billion in the first quarter, compared to P7.6 billion during the same period in 2018., SM Prime said in a stock exchange filing. Read more »

Globe Telecom Q1 net income up 44 percent on data push

ABS-CBN News
Posted at May 06 09:41 AM

The Ayala-led carrier said it posted net income of P6.7 billion in the first quarter. Core net income, which excludes the impact of non-recurring charges and foreign exchange and market-to-market charges, grew 40 percent. Read more »

Boeing wins confidence of shareholders, prepares for key 737 MAX test flight

John Biers and Nova Safo, Agence France-Presse
Posted at Apr 30 06:43 AM

Boeing executives successfully beat back shareholder challenges to their authority on Monday as the company signaled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes. Read more »

Twitter triples profits, global user base steadies

Rob Lever, Agence France-Presse
Posted at Apr 23 10:34 PM

Twitter said Tuesday profits soared in the past quarter, and President Donald Trump immediately claimed credit for the success of the short messaging platform even as he renewed his allegations of bias. Read more »

Wall Street little changed ahead of earnings wave

Sinéad Carew, Reuters
Posted at Apr 23 08:09 AM

Investors were waiting for some of the biggest S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc to report first-quarter results later in the week. Additional reports could ease investor fears of an earnings recession. Read more »

Alliance Select says 'not a party' in fraud case

ABS-CBN News
Updated as of Apr 22 07:31 PM

Canning firm Alliance Select said Monday it was not a party to a fraud case against former executives of the firm and that the case would not affect the company's performance. Read more »

Jollibee says 1H sales, profit 'will not be as strong' as previous year

ABS-CBN News
Posted at Apr 11 11:11 AM

Sales and profits will recover in the third and fourth quarters as consumers "slowly regain their purchasing power after being adversely affected by high inflation in 2018," Jollibee told the stock exchange. Read more »

PSBank gets highest score from PhilRatings

ABS-CBN News
Posted at Apr 08 02:54 PM

The PRS Aaa score means PSBank has a "very strong" capacity to fulfill its financial obligations, Metrobank's thrift arm said in a statement. Read more »

Saudi Aramco world's most profitable company in 2018

Agence France-Presse
Posted at Apr 01 09:21 PM

Oil giant Saudi Aramco revealed Monday it made the world's biggest corporate profit last year, opening its secretive accounts for the first time as it prepares to raise funds from investors. Read more »

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