Philippine Long Distance Telephone

Philippine stock index tumbles 3.4 percent

Philippine shares tumbled for a second straight session Tuesday as investors took their cue from losses in the U.S. and Asian markets. The Philippine Stock Exchange Index fell 66.40 points, or 3.4 percent, to 1,873 points....

(UPDATE) Shares close 1.9% lower

MANILA, Philippines -- Share prices closed 1.9 percent lower Monday, tracking losses on Wall Street amid continued uncertainty in the global economy, dealers said. The composite index fell 38.05 points to close at 1,940 while...

Philippine stock index climbs 3 percent

MANILA, Philippines (AP) - Philippine shares climbed Friday, boosted by bargain hunting and the U.S. market's overnight gains. The Philippine Stock Exchange index rose 59.08 points, or 3.08 percent, at 1,978.05. Gainers...

SE Asia Stocks-Off day's highs, wary ahead of G20 meeting

BANGKOK, Nov 14, 2008 (Reuters via COMTEX) -- Major Southeast Asian stock markets closed slightly higher on Friday but an early rally in Singapore fizzled out due to selling of blue chips such as DBS Group, and pressure on the...

First Pacific buys toll road business

MANILA, Philippines -- A unit of Hong Kong-listed First Pacific Co. has taken control of a key toll road for P12.26 billion ($250.24 million), the parties in the sale said Thursday. Metro Pacific Investments Corp.'s purchase of...

(UPDATE) Shares end 1.5% lower

MANILA, Philippines -- Share prices ended 1.5 percent lower Thursday, with investors in a cautious mood after the government trimmed its growth forecast for this year and next, dealers said. They said concerns over a change in...

Philippines: SmartBro on higher gear

There is good news for the customers of Smart, the Philippines leading mobile and internet broadband service provider. They will increase internet speed used by mobile phones and broadband users all around the country without...

Asian Stocks Lower As Eco Slump Threatens Corporates

HONG KONG, Nov 12, 2008 (AFP) - Tokyo closed 1.29 percent down, Hong Kong was 0.7 percent down and Sydney shed 0.8 percent, while Seoul lost 0.4 percent, Taipei dropped 0.5 percent and Singapore slid 1.27 percent. After...

Companies trim budgets amid economic slowdown

Nov. 11--Globe Telecom Inc. on Monday trimmed its next year's capex owing to the anticipated decline in consumer spending brought about by the global financial crisis. Short-term forecasting very challenging Ablaza said next...

Pick Up Philippine Long Distance (Zacks.com)

Monday November 10, 12:11 pm ET By Peter Chua, CFA We maintain our BUY recommendation for Philippine Long Distance Telephone Company, or PLDT (NYSE: PHI - News). PLDT is the country's dominant telecommunications service...

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