Marfin Egnatia have increased their price target on Petrolina (Holdings) Pcl to EUR 0.95 per share after the company posted a strong set of FY07 results with net profit increasing by 59.8%
Orphanides Pcl reported a 63% YoY decline in net profit for 2007 to EUR 1.48 mln, with sales and profitability burdened by high renovation and finance costs. Sales came in lower by
A Taliban threat to attack Afghan telecoms companies is the latest sign of paranoia from militants who fear their mobile phones will betray their hiding places, according to a Reuters news report.
Britain‘s communications regulator has warned O2 to speed up the rollout of its third generation (3G) mobile network or risk a reduction in the length of its licence. Any reduction in O2’s
The dollar found a steadier footing on Thursday after having slumped to a record low against a basket of currencies, and both gold and oil took a breather as investors cashed in
The European Commission has asked EU leaders to confirm, at next month’s summit, the guiding principles on financial stability both within and outside the Union.A Commission press release said the ECOFIN Council
Oil powered to a new record above $102 a barrel on Wednesday, closing in on its inflation-adjusted lifetime peak, as an ailing dollar on worsening U.S. economic data triggered a surge across
Cyprus Airways Pcl (CAIR) reported net profit of EUR 1.17mln for 2007 compared to a loss of EUR 7.39mln in FY06. EPS stood at EUR 0.0043. CAIR’s loss in FY06 included non-recurring
Greece will ask German authorities to share any data on its residents dodging taxes through Liechtenstein bank accounts as part of its clamp down on tax cheats, the country’s finance minister said
…dividend raised to EUR 0.44 Bank of Cyprus announced its 2007 results, lifting net profit by 55% YoY to EUR 485 mln from EUR 313 mln in 2006. The ratio of non-performing
