Apollo in negative profit warning

Apollo Investment Fund Pcl (APOL) issued a negative profit warning for its first half 2007 financial results on the back of amid lower gains from the sale and revaluation of investments. A

Minerva AGM approves dividend

The Annual General Meeting of Minerva Insurance Company Public Ltd held on July 4, 2007 approved the proposed dividend of 0.5 cents (EUR0.0086) per share or 5% on the nominal value for

Cyprus travel abroad up by 9.6% Jan-May

The number of residents travelling abroad from Cyprus rose by 9.6% in the first five months of 2007 to reach 359,478 according to Financial Mirror calculations using monthly Statistical Service data. Greece,

EPP President supports Kasoulides’ candidacy

President of the European People’s Party Wilfried Martens expressed on Thursday support for the candidacy of Ioannis Kasoulides in the 2008 presidential elections, during a meeting they had in Nicosia.Kasoulides said they

Demetra issues positive profit warning

Demetra Investment Pcl (DEM) y issued a positive profit warning for its 1H07 financial results amid an improvement in the investment portfolio performance and higher revenues from dividends received. A year ago

KBW ups Marfin Popular target to EUR 12

Keefe, Bruyette & Woods (KBW) have increased their price target on the share price of Marfin Popular Bank (CPB) from EUR 10 to EUR 12 per share with an “outperform” recoemendation following