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Asian shares slip on profit-taking

Workers of a foreign exchange dealing company monitor electric screens, under the US dollar rate against the Japanese yen, top, and Nikkei stock index, bottom, in Tokyo on Sept.19, 2014. Asian markets mostly slipped Monday, Sept. 22, on profit-taking after the big gains at the end of last week, while the dollar eased from more than six-year highs against the yen.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets mostly slipped Monday on profit-taking after the big gains at the end of last week, while the dollar eased from more than six-year highs against the yen.

Posted: September 23rd, 2014 in Latest Business Stories | Read More »

Facebook stock hits all-time highs on strong earnings

AP FILE PHOTO

Facebook stock jumped to record highs Thursday as strong earnings from the leading social network sparked fresh buying.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Mayer ‘not satisfied’ as Yahoo results disappoint

Yahoo CEO Marissa Mayer.  AP FILE PHOTO

Yahoo said Tuesday profit in the past quarter fell from a year ago, prompting chief executive Marissa Mayer to declare “we are not satisfied.”

Posted: July 16th, 2014 in Latest Business Stories | Read More »

Meralco reports P17-B net income in 2013

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AFP FILE PHOTO

The Manila Electric Co. said Monday it realized a consolidated net income of P17.023 billion last year, up five percent from P16.265 billion from the previous year, excluding one-off gains.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

East West nets P2.1B in 2013

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Screengrab from https://www.eastwestbanker.com/

East West Bank expanded its net profit last year by 13.2 percent to P2.1 billion on above-industry loan growth and margins as well as growth in other core businesses.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

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