What’s the biggest company in the Philippines? Hint: It’s not PLDT; it’s not SM or BDO; it’s also not Ayala Corporation. We’ll reveal the answer … Read More
Two new companies are now part of the 30-company benchmark Philippine Stock Exchange index (PSEi), replacing two others that failed to meet the inclusion criteria.
The Philippine Stock Exchange (PSE) announced last week that LT Group Inc. (LTG) and GT Capital Holdings (GTCAP) will from part of the PSEi effective September 16 this year.
Apple Inc., maker of the iconic iPod and iPad, has more available cash than the United States government.
As of June 25, 2011, Apple boasts of cash reserves totaling $75.876 billion.
The Treasury Department of the U.S. government, on the other hand, reports a total operating balance of only $73.768 billion — around $2 billion less than what Apple owns.
Some of you don’t know it yet, but Apple Inc. (AAPL) is already the largest tech company in the United States. Actually, it has been the largest tech company since May 2010, when it surpassed Microsoft Corporation’s market capitalization for the first time.
