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Preparing cash

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Some equity investors must have had their jaws drop to the floor earlier this week after Petron Corp.’s stock price declined by 7.24 percent in a single day. Having closed at P12.70 apiece last Monday, the share price of the country’s largest petroleum refiner and distributor fell to P11.78 by the end of Tuesday’s trading, slipping further to P11.62 on Wednesday.

Posted: August 22nd, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Biz Buzz: Garnished

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Apart from the Disbursement Acceleration Program (DAP)—parts of which were struck down by the Supreme Court—President Aquino’s fiscal and energy managers have another ax to grind with the judiciary, this time on the revenue generation side and one that particularly throws the power industry in a frenzy.

Posted: August 20th, 2014 in Columnists,Inquirer Columns | Read More »

Biz Buzz: ‘Misguidance’

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Earlier touted by some as someone who can be the country’s newest taipan, this businessman is facing a big credibility test at the stock market.

Posted: August 18th, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

Biz Buzz: Countdown to delisting

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The notice hasn’t been officially served, but the board of the Philippine Stock Exchange has made a decision in a meeting on Wednesday to delist Alphaland Corp., the property development arm of former Trade Minister Roberto V. Ongpin, aka “RVO,” from the bourse.

Posted: August 15th, 2014 in Columnists,Inquirer Columns | Read More »

Biz Buzz: PAL-for-cash deal in the offing

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After an initial flurry of negotiations, a long lull seems to have settled on Philippine Airlines (PAL) regarding the ownership tug-of-war between tycoons Lucio Tan and Ramon Ang.

Posted: August 13th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

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