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Max’s chain eyes P4.6B via new issue

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Leading casual dining restaurant chain Max’s Group Inc. is planning a P4.6 billion follow-on offering after its landmark consolidation with publicly listed Pancake House Inc., bringing to public hands about 30 percent of its shares.

Posted: August 29th, 2014 in Headlines,Latest Business Stories | Read More »

Malaysia Airlines suspends shares as revamp looms

AP FILE PHOTO

Deeply troubled Malaysia Airlines suspended trading in its shares Friday amid expectations of a corporate restructuring following the twin disasters of MH370 and MH17.

Posted: August 8th, 2014 in Latest Business Stories | Read More »

Amazon loss widens despite climbing sales

This June 4, 2014 photo shows Amazon.com boxes in Phoenix. Amazon reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/Ross D. Franklin)

Internet retail titan Amazon on Thursday reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than nine percent.

Posted: July 25th, 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 »

PH share prices close lower

Trading on local stocks on Thursday were muted as investors lacked incentives to load up on equities ahead of a “ghost month.”

Posted: July 25th, 2014 in Editor's Pick,Headlines | Read More »

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