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Company Overview and News
THE BOURSE continued to reel from worrisome economic data that peppered this week, seesawing between muted gains and losses for much of Friday but ending relatively flat and capping recent week-on-week increases.
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Conglomerate SM Investments Corp. (SMIC) grew its net profit by 9 percent year-on-year to P18.1 billion in the first semester, driven by higher earnings from the property and retailing businesses.
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SM Investments Corp. (SMIC) reported a nine percent increase in earnings during the first six months of 2018, boosted by the double digit growth of its property and retail units amid flattish results from the banking business.
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It’s that time of the year again when investors commonly avoid the stock market due to the superstitious belief that the onset of the Chinese ghost festival in August may bring bad luck on their investments.
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POSITIVE first-half corporate results buoyed local equities on Wednesday, with some investors also optimistic about second-quarter economic growth data and the central bank’s policy meeting today.
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(Aug 8): Most Southeast Asian stock markets rose on Wednesday, with Philippine shares bouncing back to their highest close in nearly three months ahead of economic growth data and a central bank meeting.
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THE property firm of country’s richest man Henry Sy reported a 16% profit growth for the first six months of 2018, driven by the provincial expansion of its malls alongside higher demand for residential properties.
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The property firm of country’s richest man Henry Sy, Sr. reported a 16% profit growth for the first six months of 2018, driven by the provincial expansion of its malls alongside higher demand for residential properties.
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(July 26): Most Southeast Asian stock markets rose on Thursday, with Philippines extending gains to a third straight session, as negotiations between the United States and Europe over reducing trade barriers calmed fears of a transatlantic trade war.
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(July 26): Southeast Asian stock markets rose on Thursday, in line with broader Asia after U.S. President Donald Trump and European Commission President Jean-Claude Juncker agreed to begin talks to lower tariffs, easing immediate concerns about worsening global trade tensions.
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(July 24): Most Southeast Asian stock markets rose on Tuesday with Singapore heading for a fifth session of gains in six, driven by financials amid talks of a central bank policy tightening.
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THE Department of Transportation (DoTr) said the contract for the construction of the Metro Rail Transit (MRT)-Light Rail Transit (LRT) common station project is scheduled to be awarded by August.
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2018-08-13 - Asif
Core Business At Ballard, Ballard Power Systems is building a clean energy growth company. Ballard Power Systems is recognized as a world leader in proton exchange membrane (“PEM”) fuel cell power system development and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of its extensive intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. The hydrogen fuel can be obtained from natural g...
2018-08-13 - Asif
Overview Marathon Patent Group was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the company discontinued its minerals business and began to invest in real estate properties in Southern California. In October 2012, the company discontinued its real estate business when its former CEO joined the firm and the company commenced its IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. Marathon Patent Group has since purchased its cryptocurrency mining machines and established a data center in Canada to mine digital assets. Following the me...
2018-08-13 - Asif
Business and Organization Endocyte, Inc. is a biopharmaceutical company and leader in developing targeted therapies for the treatment of cancer. The Company uses drug conjugation technology to create novel therapeutics and companion imaging agents for personalized targeted therapies. The agents actively target receptors that are over-expressed on diseased cells relative to healthy cells, such as prostate specific membrane antigen (“PSMA”) in prostate cancer. This targeted approach is designed to safely enable the delivery of highly potent drug payloads. The companion imaging agents are designed to identify patients whose disease over-expresses the target of the therapy and who are therefore more likely to benefit from treatment. In September 2017, the Company entered into a Development and License Agreement (the “License Agreement”) with ABX advanced biochemical compounds – Biomedizinische Forschungsreagenzien GmbH (“ABX”), pursuant to which the Company acquired exclusive ...
as of ET