EDC Drops on Speculation Earnings ‘Sharply’ Lower: Manila Mover
This article is for subscribers only.
Energy Development Corp. sank the most in three months on speculation the largest Philippine geothermal company will report “sharply lower” second-quarter earnings today, according to Macquarie Group Ltd.
Energy Development declined 3. percent to 5.71 pesos at 11:33 a.m. in Manila, heading for the sharpest loss since May