Aspis Pronia A.E.G.A. and Commercial Value A.A.E. announced that the revised public offer for the acquisition of a minimum 20% and a maximum 50% plus one share of the issued share capital
According to the Statistical Service arrivals of tourists reached 189,310 in April 2007 compared to 206,548 in April 2006, recording a decrease of 8.3%. A decrease of 17.9% was recorded in tourist
SFS Group Pcl (SFS), the most widely traded stock on the CSE relative to its market cap is forecasting CYP 10 mln or EUR 17.2 mln in net profit for 2007 following
…19.3% of Interfund now in SFS hands  SFS Group Pcl has purchased the 19.3% stake held by the Proton Bank SA of Greece in Interfund (INF) at a cost of EUR
Egnatia Financial Services have issued a report expecting Hellenic Bank to post CYP 11.6 mln or EUR 19.8 mln in net profit during the first quarter of 2007 for a 69% YoY
The National Bank of Greece in Cyprus has decided to take legal action against bank employees union ETYK over the two-week strike that has paralysed the bank. Ethniki Cyprus will sue ETYK
The CSE Main Market Index closed the week at 4859.79, 7.5% higher than the previous week’s close of 4518.83, mainly driven by the performance of the heavy-weight banking sector stocks. Open attachment
Cyprus recorded a budget surplus in the first quarter, with total revenue rising by 24.3% to CYP 938.4 mln and total expenditure rising by 15.5% to CYP 890.0 mln. This led to
Figures for April show that Easter brought no reprieve for the Cyprus tourism industry, as arrivals dropped year on year by 8.3% to 189,310. The biggest market, the UK, continues to be
Written by Daniel Bergstresser and Thomas Philippon Summarized by William A. Trent, CFA Edited by Constantinos Papanastasiou, CFAÂ Â Â President, CFA Society of Cyprus The authors provide evidence that increased sensitivity of CEO
