THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Tuesday, December 7, 2010

Scheduled Power Interruption on Saturday, Dec. 11 & Monday, Dec. 13, 2010 Due to Switching Works

CAGAYAN ELECTRIC POWER & LIGHT CO., INC

Important Notice to CEPALCO Customers

Subject: Scheduled Power Interruption on Saturday, Dec. 11 &

Monday, Dec. 13, 2010 Due to Switching Works

The Cagayan Electric Power & Light Co., Inc. (CEPALCO) would like to inform all customers that power supply will be interrupted on December 11 & 13 [Sat & Mon], 2010 as shown below:


Reasons:

TO FACILITATE THE RELOCATION OF A 69KV POLE ALONG MACAPAGAL AVENUE AND LINE MAINTENANCE WORKS IN THE AREA

Dates:

Saturday, December 11, 2010; and Monday, December 13, 2010

Interruption Time:

6:00 AM – 7:30 AM (1 hour and 30 minutes)

Affected Areas:

CARMEN 3 AREAS:

1. Portions of Carmen: along vicinities of Villarin St. towards portion of Canitoan-Pagatpat Road; including St. Mary’s Academy (formerly Cathedral School of Technology), Golden Village, City Hospital-DOH Area, COWD reservoir and SeriƱa St. from Villarin St. down to Madonna and Child Hospital.

2. M. Suniel St. from Villarin St. down towards portion of Mabolo St.; including Matilde Neri St., Dabatian St. and Cagayan de Oro College area; and; portion of Lirio St. area.

3. Portions of Upper Carmen towards Dagong including SM CITY; PRYCE HOTEL; SPUM & SEARSOLIN.

PUEBLO 2 AREAS:

1. Portion of Upper Carmen, Upper Balulang and all of Brgy. Lumbia including; PNR Sawmill, Shop and transmitter; Pueblo de Oro, Camella Homes, Xavier Estates, Xavier Heights, Xavier High School, La Buena Vida, Frontiera and Montana subdivisions; CAA-BAT Lumbia Airport & Rio Verde.


Power will however be restored immediately without further notice

when switching works are completed earlier than scheduled.

We hope the affected customers and the public in general

will be guided by this announcement. Thank you.


Released by:

Ms. Marilyn A. Chavez

Senior Manager

Customer & Community Relations Dept.

Philippine Markets: 07 December 2010


07 December 2010

USD/PhP: 43.555 - 0.195 PSEi: 4197.92 - 25.20
USD/JPY: 82.63 PFINC: 975.30 - 5.30
EUR/USD: 1.3314 BDO: 60.00 - 0.30
GBP/USD: 1.5759 BPI: 60.00 unch
PDSTF3M: 1.4635 MBT: 72.85 - 1.35
Prices as of 4:00pm Source: Bloomberg, Reuters



PH stocks fall in profit taking
By Doris Dumlao
Philippine Daily Inquirer


Local stocks tumbled on Tuesday as investors were tempted to pocket gains from an earlier market rebound.

The main-share Philippine Stock Exchange index shed 25.20 points or 0.6 percent to close at 4,197.92.

The decline was led by the counter for holding firms which fell by 1.2 percent. Only the mining/oil index sector stayed afloat.

There were only 51 advancers as against 78 decliners and 46 unchanged stocks.

Value turnover stood at P5.78 billion.

Among the day's decliners were Alliance Global Group Inc., Aboitiz Power Corp., Metropolitan Bank & Trust Co., Philippine Long Distance Telephone Co., Ayala Corp., Universal Robina Corp., Banco de Ooro Unibank, Ayala Land Inc., Aboitiz Equity Ventures Inc., Manila Water Inc., Atlas Consolidated Mining Development Corp. and Cebu Air Inc.

On the other hand, Energy Development Corp., Manila Electric Co., Philex Mining Corp., DMCI Holdings Inc. and Globe Telecom Inc. bucked the downturn.

Sentiment was likewise sluggish overseas, with the Dow Jones Industrial Index falling by 19.9 points or 0.17 percent to 11,362.19 overnight.

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