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                    [ArticleID] => 511932
                    [Title] => US IPO market flexes muscle raising $10 billion in 1 day
                    [Summary] => 
NEW YORK (AP) – There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the credit crisis as two new issues raised a combined $10 billion Wednesday.
                    [DatePublished] => 2009-10-08 10:39:35
                    [ColumnID] => 133272
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
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            [1] => Array
                (
                    [ArticleID] => 392465
                    [Title] => Index surges 52 pts on end of quarter window dressing
                    [Summary] => 


Share prices closed 1.64 percent higher yesterday, lifted by a rebound on Wall Street and end of quarter window dressing dealers said.


They said investors had also been encouraged by expectations that inflation would remain low. The Bangko Sentral ng Pilipinas (BSP) expects consumer prices to rise this month by two  to 2.6 percent year-on-year compared to 2.6 percent last month.


The composite index rose 51.83 points to 3,203.55 after moving between 3,167.81 and 3,208.96.


                    [DatePublished] => 2007-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 247389
                    [Title] => Stocks hit 3-yr high, peso up as GMA widens lead
                    [Summary] => Stocks vaulted to a three-year high and the peso recovered against the dollar yesterday as the financial markets cheered strong gains on Wall Street and a voter poll showing President Arroyo clearly ahead in the race towards the national elections on May 10.
                    [DatePublished] => 2004-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 212395
                    [Title] => Stocks soar on low rates, better tax take
                    [Summary] => The stock market surged to a 12-month high yesterday on revitalized investor confidence following a host of positive developments led by  the Bangko Sentral’s 25-basis point cut in key interest rates, improved tax collections, expectations of  a lower inflation figure for the whole of 2003 and Wall Street’s overnight gains.
                    [DatePublished] => 2003-07-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 194081
                    [Title] => PSE to introduce $-denominated board
                    [Summary] => After more than a year since gaining approval from the regulatory agencies, the Philippine Stock Exchange (PSE) is finally set to introduce a dollar-denominated board that will give investors the option to trade in selected securities listed abroad.


"As an enhancement to the present trading infrastructure, the exchange will be launching the Dollar-Denominated Trading (DDT) facility within the second quarter of the year," PSE president Ernest Leung said in a circular to brokers.


                    [DatePublished] => 2003-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 153826
                    [Title] => Telecom issues dampen Wall St.
                    [Summary] => NEW YORK (AFP) – Stocks slid early Tuesday as profit-taking pressures were exacerbated by a negative outlook for earnings by telecom firms and a new accounting inquiry into WorldCom. 


The Dow Jones industrial average fell 72.58 points (0.68 percent) to 10,538.66 with the Nasdaq tumbling 39.51 points (2.05 percent) to 1,889.98 at 1600 GMT. 


The Standard and Poor’s 500 shed 11.88 points (1.02 percent) to 1,156.38. 


                    [DatePublished] => 2002-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 95963
                    [Title] => Index surges 57 pts as investors cheer gov’t crackdown
                    [Summary] => After plunging to a six-month low stocks rallied yesterday as investors gave their vote of confidence on the Arroyo administration’s decisive acts in thwarting a mob rebellion, analysts said.


"The market took positively the demonstration of firmness by President Arroyo in dealing with the rebellion," PCCI Securities and Brokers Corp. research head Gonzalo Bongolan said. "Such decisiveness has long been desired by the market and the investing public."


                    [DatePublished] => 2001-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98951
                    [Title] => Globe to float 20.4 million new shares for public offering
                    [Summary] => 

Ayala-owned Globe Telecom will increase its public ownership base to about 30
percent with the issuance of approximately P1.02 billion worth of new common
shares.

The company said its board of directors approved last May 5 the float of up to
20.4 million new shares to be offered to the public after the proposed 1:50
reverse stock split takes effect.

The reverse stock split will change the par value of Globe's common shares from
P1 per share to P50 each.
                    [DatePublished] => 2000-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98937
                    [Title] => Globe Telecom to hike public ownership to 30%
                    [Summary] => 

Ayala-owned Globe Telecom will increase its public ownership base to about 30
percent with the issuance of approximately P1.02 billion worth of new common
shares.

The company said its board of directors had approved last May 5 the float of up
to 20.4 million new shares to be offered to the public after the proposed 1:50
reverse stock split takes effect.

The reverse stock split will change the par value of Globe's common shares from
P1 per share to P50 each.
                    [DatePublished] => 2000-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

AMERICAN DEPOSITORY RECEIPTS

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 511932
                    [Title] => US IPO market flexes muscle raising $10 billion in 1 day
                    [Summary] => 
NEW YORK (AP) – There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the credit crisis as two new issues raised a combined $10 billion Wednesday.
                    [DatePublished] => 2009-10-08 10:39:35
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 392465
                    [Title] => Index surges 52 pts on end of quarter window dressing
                    [Summary] => 


Share prices closed 1.64 percent higher yesterday, lifted by a rebound on Wall Street and end of quarter window dressing dealers said.


They said investors had also been encouraged by expectations that inflation would remain low. The Bangko Sentral ng Pilipinas (BSP) expects consumer prices to rise this month by two  to 2.6 percent year-on-year compared to 2.6 percent last month.


The composite index rose 51.83 points to 3,203.55 after moving between 3,167.81 and 3,208.96.


                    [DatePublished] => 2007-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 247389
                    [Title] => Stocks hit 3-yr high, peso up as GMA widens lead
                    [Summary] => Stocks vaulted to a three-year high and the peso recovered against the dollar yesterday as the financial markets cheered strong gains on Wall Street and a voter poll showing President Arroyo clearly ahead in the race towards the national elections on May 10.
                    [DatePublished] => 2004-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 212395
                    [Title] => Stocks soar on low rates, better tax take
                    [Summary] => The stock market surged to a 12-month high yesterday on revitalized investor confidence following a host of positive developments led by  the Bangko Sentral’s 25-basis point cut in key interest rates, improved tax collections, expectations of  a lower inflation figure for the whole of 2003 and Wall Street’s overnight gains.
                    [DatePublished] => 2003-07-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 194081
                    [Title] => PSE to introduce $-denominated board
                    [Summary] => After more than a year since gaining approval from the regulatory agencies, the Philippine Stock Exchange (PSE) is finally set to introduce a dollar-denominated board that will give investors the option to trade in selected securities listed abroad.


"As an enhancement to the present trading infrastructure, the exchange will be launching the Dollar-Denominated Trading (DDT) facility within the second quarter of the year," PSE president Ernest Leung said in a circular to brokers.


                    [DatePublished] => 2003-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 153826
                    [Title] => Telecom issues dampen Wall St.
                    [Summary] => NEW YORK (AFP) – Stocks slid early Tuesday as profit-taking pressures were exacerbated by a negative outlook for earnings by telecom firms and a new accounting inquiry into WorldCom. 


The Dow Jones industrial average fell 72.58 points (0.68 percent) to 10,538.66 with the Nasdaq tumbling 39.51 points (2.05 percent) to 1,889.98 at 1600 GMT. 


The Standard and Poor’s 500 shed 11.88 points (1.02 percent) to 1,156.38. 


                    [DatePublished] => 2002-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 95963
                    [Title] => Index surges 57 pts as investors cheer gov’t crackdown
                    [Summary] => After plunging to a six-month low stocks rallied yesterday as investors gave their vote of confidence on the Arroyo administration’s decisive acts in thwarting a mob rebellion, analysts said.


"The market took positively the demonstration of firmness by President Arroyo in dealing with the rebellion," PCCI Securities and Brokers Corp. research head Gonzalo Bongolan said. "Such decisiveness has long been desired by the market and the investing public."


                    [DatePublished] => 2001-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98951
                    [Title] => Globe to float 20.4 million new shares for public offering
                    [Summary] => 

Ayala-owned Globe Telecom will increase its public ownership base to about 30
percent with the issuance of approximately P1.02 billion worth of new common
shares.

The company said its board of directors approved last May 5 the float of up to
20.4 million new shares to be offered to the public after the proposed 1:50
reverse stock split takes effect.

The reverse stock split will change the par value of Globe's common shares from
P1 per share to P50 each.
                    [DatePublished] => 2000-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98937
                    [Title] => Globe Telecom to hike public ownership to 30%
                    [Summary] => 

Ayala-owned Globe Telecom will increase its public ownership base to about 30
percent with the issuance of approximately P1.02 billion worth of new common
shares.

The company said its board of directors had approved last May 5 the float of up
to 20.4 million new shares to be offered to the public after the proposed 1:50
reverse stock split takes effect.

The reverse stock split will change the par value of Globe's common shares from
P1 per share to P50 each.
                    [DatePublished] => 2000-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

US IPO market flexes muscle raising $10 billion in 1 day

October 8, 2009 - 10:39am

NEW YORK (AP) – There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the credit crisis as two new issues raised a combined $10...

Index surges 52 pts on end of quarter window dressing

March 31, 2007 - 12:00am

Share prices closed 1.64 percent higher yesterday, lifted by a rebound on Wall Street and end of quarter window dressing dealers said. They said investors had also been encouraged by expectations that inflation...

Business

Stocks hit 3-yr high, peso up as GMA widens lead

By Des Ferriols | April 24, 2004 - 12:00am

Stocks vaulted to a three-year high and the peso recovered against the dollar yesterday as the financial markets cheered strong gains on Wall Street and a voter poll showing President Arroyo clearly ahead in the...

Business

Stocks soar on low rates, better tax take

By Rica Delfinado | July 4, 2003 - 12:00am

The stock market surged to a 12-month high yesterday on revitalized investor confidence following a host of positive developments led by the Bangko Sentral’s 25-basis point cut in key interest rates, improved...

Business

PSE to introduce $-denominated board

By Christina Mendez | February 4, 2003 - 12:00am

After more than a year since gaining approval from the regulatory agencies, the Philippine Stock Exchange (PSE) is finally set to introduce a dollar-denominated board that will give investors the option to trade...

Business

Telecom issues dampen Wall St.

March 14, 2002 - 12:00am

NEW YORK (AFP) – Stocks slid early Tuesday as profit-taking pressures were exacerbated by a negative outlook for earnings by telecom firms and a new accounting inquiry into WorldCom. The Dow Jones industrial...

Business

Index surges 57 pts as investors cheer gov’t crackdown

By Christina Mendez | May 3, 2001 - 12:00am

After plunging to a six-month low stocks rallied yesterday as investors gave their vote of confidence on the Arroyo administration’s decisive acts in thwarting...

Business

Globe to float 20.4 million new shares for public offering

By Christina Mendez | May 8, 2000 - 12:00am

Ayala-owned Globe Telecom will increase its public ownership base to about 30 percent with the issuance of approximately P1.02 billion worth of new common shares. The company said its board of directors approved...

Business

Globe Telecom to hike public ownership to 30%

By Christina Mendez | May 7, 2000 - 12:00am

Ayala-owned Globe Telecom will increase its public ownership base to about 30 percent with the issuance of approximately P1.02 billion worth of new common shares. The company said its board of directors had...

Business