Here’s a quick glance at how PSEi stocks fared on Wednesday, July 18, 2018.

THE MANILA International Airport Authority (MIAA) has received a recommendation from the Department of Transportation (DoTr) to accept the unsolicited proposal of the consortium of seven conglomerates to rehabilitate the Ninoy Aquino International Airport (NAIA).

STI Education Systems Holdings, Inc. (STI Holdings) saw its attributable profit drop by 10% in its fiscal year ending March 2018, weighed down by interest expenses due to its bond issuance.

XURPAS INC. Chairman Nico Jose S. Nolledo will be stepping down as the technology firm’s chief executive officer (CEO) to lead one of the company’s subsidiaries that will focus on blockchain projects.

EARNINGS of Victorias Milling Co., Inc. (VMC) in the third quarter ended on May 31 dropped by 57.90% due to a decline in sugarcane production and a late start in its distillery operations.

SHAKEY’S PIZZA Asia Ventures, Inc. (SPAVI) is stamping its presence in the Middle East with the opening of its first store in Dubai, banking on expected demand from the large population of Filipinos living in the area.

US-BASED Akamai Technologies, Inc., which claims to be the world’s largest and most trusted cloud delivery platform, sees strong potential for its business in the Philippines as the country’s big businesses go through a digital transformation while smaller ones begin to realize the need to accelerate and secure their online systems.

Here’s a quick glance at how PSEi stocks fared on Tuesday, July 17, 2018.

FIRST METRO Investment Corp. (FMIC) expects the local bourse to stage a rebound in the second half of 2018, albeit revising downward its year-end target for the Philippine Stock Exchange index (PSEi) due to higher oil prices, the global trade war, likely rate hikes by the US Federal Reserve, higher domestic inflation and the weakening peso, coupled with some political concerns.

A PROPERTY UNIT of GT Capital Holdings, Inc. has sealed a deal with Metro Pacific Investments Corp.’s (MPIC) logistics arm to sell its Cavite property for P1.02 billion.

ABS-CBN Corp. has severed network sharing ties with Globe Telecom, Inc. for its ABS-CBNmobile brand after its five-year agreement expired.

THE SECURITIES and Exchange Commission (SEC) has approved the equity restructuring of Vitarich Corp., which will allow the firm to wipe out its deficit and declare dividends to shareholders.