Interfund Investments Pcl (INF) issued its final 2006 results reporting a net profit of EUR 49.4 mln compared to EUR 13.1 mln in 2005. Additionally the Company’s BoD proposed a final dividend payment of CYP 0.0325 (EUR 0.0565) per share to all shareholders registered as at 30 April 2007. The latest reported NAV as at
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Ermes Department Stores Pcl reported that its net profits surged past EUR 10 mln level on the back of a healthy increase in sales, with the Board proposing the payment of a final dividend ahead of the listing of the shares on the Cyprus Stock Exchange. Ermes reported that total turnover jumped 9.8% to CYP
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The euro has shrugged off the disappointment of the weaker Ifo reading at the end of last week and the slight fall in the German Gfk consumer confidence to 4.4 in March from 4.8 in February. But, with IG Metal due to publish their formal wage demand the ECB’s Trichet has once again warned about
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Aspis Holdings Pcl (formerly MFS Holdings) has accused Universal Life Insurance CEO Andreas Georghiou of misleading shareholders, customers and the investing public. Aspis Holdings Plc says it never accused Universal Life (it holds 40% of UL), but Georgiou and his partners, who behave as if Universal Life belongs to them. “Georgiou must stop using Universal
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Marfin Popular Bank has categorically dismissed a report that appeared in the “Economy†inset of “Kyriakatiki Eleftherotypia (February 25, 2007) under the title “Interest of Marfin for Attica Bank.†As for the alleged information according to which “at his meeting with Attica Bank governor, Mr. Kolintzas, Mr. Vgenopoulos expressed his interest for the acquisition of
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Business Software Alliance (BSA), the international association established by the software industry to promote a safe and legal digital world, announced that a two-day Intellectual Property Rights (IPR) Forum opened in Amman, Jordan, on Monday. The Forum is being organised in partnership with the Jordan Ministry of Culture’s Department of the National Library and will
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Ericsson has announced a public cash offer to acquire Tandberg Television (OSE:TAT) for NOK 106 in cash per share or approximately SEK 9.8 bln. The offer represents a premium of 18.2% to Tandberg’s 90-day volume weighted average stock price and a premium of 10.4% or NOK 10 per share to the proposed mixed cash/share offer
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Secure Computing Corporation, a leader in enterprise gateway security, has announced the Middle East launch of Sidewinder 7.0, the industry’s first firewall to incorporate reputation technology to provide proactive and reliable protection. It also includes significant enhancements for performance, policy management and overall security. Sidewinder 7.0 incorporates global intelligence from the company’s industry-leading reputation system,
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Trust has expanded its range of high-quality mice by introducing four new models of optical and laser mice. The ergonomic design and the rubber-coated sides ensure that the units are comfortable to use and have a good grip with optimal control. All four models have a handy tilt scroll wheel, which makes it easy to
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Microsoft’s Entertainment and Devices (E&D) Division has announced the Middle East launch of its Wireless Laser Desktop 5000, a new keyboard and mouse combination that helps deliver an enhanced Windows Vista experience. The Laser Desktop 5000 is outfitted with an ultra-thin wireless keyboard and a high definition laser mouse to deliver the ultimate in cutting-edge
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