Market closes 27.5 points up Profit-taking drove local share prices up on Wednesday, ending two consecutive days of decline. Read more on Philippine Daily Inquirer Related PostsMarket closes strongMarket closes stongly as banks, miners leadFOREX: Ringgit closes with a strong noteIncoming search :fernando vasquez downey

Nikkei down 1% on profit-taking, yen surge, market eyes U.S. jobs data Tokyo stocks extended losses on Friday with the key Nikkei stock index losing 0.99 percent as profit-taking following the Bank of Japan’s monetary easy measures this week drove stock prices higher and the yen’s rise to a fresh 15-year high against the U.S. [...]

MARKET EYE-Goldman Sachs upgrades Gail to buy Goldman Sachs has upgraded Gail India to ‘buy’ from ‘neutral’ and raised the target price to 570 rupees from 500 rupees. Read more on Reuters via Yahoo! Philippines News Related PostsPhilippines to Invite JPMorgan, Goldman Sachs to Invest In InfrastructureMicrosoft downgraded to neutral at Goldman SachsU.S. Dollar Rallies [...]

Abbott Withdraws Weight-loss Drug Meridia From US Market – Update Abbott Laboratories, Friday said it has agreed with the US Food and Drug Administration to pull out its weight-loss drug Meridia off the US market following a study indicating that its use could increase the risk of heart attacks and stroke in people with cardiovascular [...]