^
+ Follow ACKERMAN AND CO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 98196
                    [Title] => Year-end window dressing to provide upside bias for cautious mart — experts
                    [Summary] => As the precedent-setting impeachment trial against President Estrada heats up, the stockmarket is not expected to take the same route although the market’s bias is on the upside due to occasional pickings mostly by the government financial institutions (GFIs) in preparation for their year-end window-dressing.


"It won’t be very active, so we don’t expect much action at the market in the meantime," Eagle Equities president Joey Roxas said. "Everybody seems to be keeping tab of the development in the impeachment trial."
[DatePublished] => 2000-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 98110 [Title] => Market seen to weaken further on impeachment concerns [Summary] => The stockmarket will remain weak this week, weighed down by worries of a prolonged impeachment trial although analysts say there are pockets of opportunities that could be exploited, specially when the Senate hearings take a positive turn.

"There is still hesitation since the market is uncertain of what the outcome of President Estrada’s impeachment trial will be," said veteran stockbroker Irving, Ackerman, who heads his own securities firm I. Ackerman and Co.
[DatePublished] => 2000-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 88732 [Title] => Estrada’s likely exit boosts peso, stocks [Summary] => Just as analysts expected, the stock market and the peso staged dramatic rallies yesterday over speculations that President Estrada might resign soon over the jueteng scandal which has battered the economy.

But Malacañang immediately took credit for the markets’ rebound and dispelled speculations of an impending resignation by the President.

Stock prices posted their biggest single-day gain in 13 years as foreign fund managers led buyers at the stock market, grabbing almost all stocks, analysts said.
[DatePublished] => 2000-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 98551 [Title] => Peso hits new low of 49 to $1; stocks dive [Summary] => Local financial markets plumbed new depths yesterday on a deepening political crisis sparked by continuing allegations President Estrada took bribes from illegal gambling operators, dealers said.

At the Philippine Dealing System (PDS), the peso tumbled to a record low of 49 to the dollar in morning trading, eclipsing the previous record of 48.50 posted on Friday as traders shrugged off both the President’s weekend vow to get the government out of gambling and his apology for the scandal involving alleged jueteng payoffs.
[DatePublished] => 2000-10-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 98543 [Title] => Lackluster mood seen to prevail in stock mart this week [Summary] => A cloud of uncertainty continues to hover around the stock market as the political scandal that threatens to rip the Estrada administration apart, threatens to drag on and add to the economic woes of a slipping peso and a ballooning budget deficit.

Irving Ackerman of I. Ackerman and Co. said the market is still under intense pressure from the slew of domestic problems and last Friday’s rebound in the US stock markets might hardly be cheered upon.
[DatePublished] => 2000-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98871 [Title] => Market faces another painstaking week [Summary] =>

Expect the stock market to go through another painstaking week, with investors banking on the near-term resolution of the hostage crisis in Mindanao. The situation has been made more complicated by the closure of Urban Bank. [DatePublished] => 2000-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 100320 [Title] => Stock market headed for another week of sober trading - analysts [Summary] =>

The stock market looks headed for another week of sober trading with limited action coming from the Internet stocks and selected blue chips, stock and selected blue chips, stock analysts said.

"The main factor that continues to drag the market is still foreign investors' sentiment particularly on political issues of the country," All AsiaCapital and Trust vice president for research Helen Alvarez said.

"With a TRO (temporary restraining order) issued on the BW investigation, foreign fund managers will see this as a step backward. [DatePublished] => 2000-03-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

ACKERMAN AND CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 98196
                    [Title] => Year-end window dressing to provide upside bias for cautious mart — experts
                    [Summary] => As the precedent-setting impeachment trial against President Estrada heats up, the stockmarket is not expected to take the same route although the market’s bias is on the upside due to occasional pickings mostly by the government financial institutions (GFIs) in preparation for their year-end window-dressing.


"It won’t be very active, so we don’t expect much action at the market in the meantime," Eagle Equities president Joey Roxas said. "Everybody seems to be keeping tab of the development in the impeachment trial."
[DatePublished] => 2000-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 98110 [Title] => Market seen to weaken further on impeachment concerns [Summary] => The stockmarket will remain weak this week, weighed down by worries of a prolonged impeachment trial although analysts say there are pockets of opportunities that could be exploited, specially when the Senate hearings take a positive turn.

"There is still hesitation since the market is uncertain of what the outcome of President Estrada’s impeachment trial will be," said veteran stockbroker Irving, Ackerman, who heads his own securities firm I. Ackerman and Co.
[DatePublished] => 2000-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 88732 [Title] => Estrada’s likely exit boosts peso, stocks [Summary] => Just as analysts expected, the stock market and the peso staged dramatic rallies yesterday over speculations that President Estrada might resign soon over the jueteng scandal which has battered the economy.

But Malacañang immediately took credit for the markets’ rebound and dispelled speculations of an impending resignation by the President.

Stock prices posted their biggest single-day gain in 13 years as foreign fund managers led buyers at the stock market, grabbing almost all stocks, analysts said.
[DatePublished] => 2000-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 98551 [Title] => Peso hits new low of 49 to $1; stocks dive [Summary] => Local financial markets plumbed new depths yesterday on a deepening political crisis sparked by continuing allegations President Estrada took bribes from illegal gambling operators, dealers said.

At the Philippine Dealing System (PDS), the peso tumbled to a record low of 49 to the dollar in morning trading, eclipsing the previous record of 48.50 posted on Friday as traders shrugged off both the President’s weekend vow to get the government out of gambling and his apology for the scandal involving alleged jueteng payoffs.
[DatePublished] => 2000-10-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 98543 [Title] => Lackluster mood seen to prevail in stock mart this week [Summary] => A cloud of uncertainty continues to hover around the stock market as the political scandal that threatens to rip the Estrada administration apart, threatens to drag on and add to the economic woes of a slipping peso and a ballooning budget deficit.

Irving Ackerman of I. Ackerman and Co. said the market is still under intense pressure from the slew of domestic problems and last Friday’s rebound in the US stock markets might hardly be cheered upon.
[DatePublished] => 2000-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98871 [Title] => Market faces another painstaking week [Summary] =>

Expect the stock market to go through another painstaking week, with investors banking on the near-term resolution of the hostage crisis in Mindanao. The situation has been made more complicated by the closure of Urban Bank. [DatePublished] => 2000-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 100320 [Title] => Stock market headed for another week of sober trading - analysts [Summary] =>

The stock market looks headed for another week of sober trading with limited action coming from the Internet stocks and selected blue chips, stock and selected blue chips, stock analysts said.

"The main factor that continues to drag the market is still foreign investors' sentiment particularly on political issues of the country," All AsiaCapital and Trust vice president for research Helen Alvarez said.

"With a TRO (temporary restraining order) issued on the BW investigation, foreign fund managers will see this as a step backward. [DatePublished] => 2000-03-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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