Rockwell land IPO at 1.46 per share, IPO you can’t get

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Listing date: May 11 Number of shares: 6.23 billion common shares valued at P9 billion Price: P1.46 per share. This represents 100% of its issued and outstanding common shares, the document showed. Listing shares by way of introduction in the bourse allows companies to have its shares traded without having to undergo an initial public […]

How much would Steve Jobs be worth today?

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In the beginning, in order to raise funds, Steve Jobs as well as his two partners, Steve Wozniak and Mike Markkula sold their prized calculator for US$250 and Volkswagen bus for $1,500. When the stock went public on Dec. 12, 1980, Jobs owned 7.5 million shares. With an IPO price of $22 per share that […]

DMN June 1

PSEi          3,266.62         DOWN    6.11 value php     2,715,945,810.00 Wall street Holiday Monday, Memorial Day The cat is away, and supposedly the mouse can play, but “cat futures” pointed .5% lower, dampening any positive hopefulness for Asia, despite Europe closing flat last night. Only a handful of index stocks gained: AGI 5.8 TEL BDO CHIB ICT, while […]

PSE reconstitutes index on November 3

Starting November 3, the Philippine Stock Exchange Inc. (PSE), which runs the country’s bourse, will include itself in its benchmark 30-company index. IN: DMC, SECB OUT: VLL RCB ABS The announcement “marks the first time the PSE will be included in the main index, joining listed exchanges such as Singapore Exchange, Hong Kong Exchanges and […]

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