In its 2022 outlook strategy report dated Jan 6, PhillipCapital’s head of research Paul Chew has listed four themes he expects to see during the year. These are: inflation peaking and the easing of supply chain constraints; vaccines to bend mortality [rates]; modestly higher interest rates and a r...

Q: What can we look forward to in 2022? A: The theme song of the movie Rocky III by rock band Survivor may be a good guide. For my previous column titled “All I want for Christmas” (The Edge Singapore, Issue 1016), I received quite a bit of feedback that while the general maxim of staying inve...

DEL Monte Pacific has reported earnings of US$35.8 million for the second quarter to October, 63.8 per cent higher year on year, as its United States unit more than doubled profits.

DEL Monte Pacific has reported earnings of US$35.8 million for the second quarter to October, 63.8 per cent higher year-on-year, as its United States unit more than doubled profits.

PhillipCapital’s Vivian Ye, citing an earnings turnaround, has initiated coverage on Del Monte, famous for its range of pineapples and bananas, with a “buy” call and a target price of 60 cents. In a 27 Oct report, Ye notes that its US subsidiary Del Monte Foods has turned profitable in FY202...

PHILLIP Securities initiated a "buy" call for canned food brand Del Monte Pacific, with a target price of S$0.60, thanks to a profit-making turnaround for its US subsidiary Del Monte Foods in FY2021 and the group's dominance in the Philippine market, it noted in a research rep...

Amala Balakrishner, a senior writer at The Edge Singapore, has been named “Most Promising Journalist of the Year” by the Securities Investors Association (Singapore). The award is given by SIAS, as part of the Corporate Governance Week organized by SIAS. Balakrishner received her award earlier t...

CANNED food brand Del Monte Pacific Limited is actively looking for ways to "protect margins" and expand its product offerings that will allow the company to capitalise on market opportunities and changing consumer trends, said company executives on Friday.

CANNED food brand Del Monte Pacific Limited is actively looking for ways to "protect margins" and expand its offerings of products that will allow the company to capitalise on market opportunities and changing consumer trends, said company executives on Friday.

THE following companies saw new developments that may affect trading of their securities on Friday: