EUR/USD is expected to extend the recovery as strong US data and hawkish Fed talk failed to support the USD. The Michigan sentiment on Friday capped a week of generally solid U.S.
Atlantic Insurance Pcl (ATL) announced that its subsidiary Atlantic Securities Ltd., a member of the CSE has prepared a plan according to which the company will allocate call options of up to
Finikas Amochostou Investments Pcl (FIA) reported its preliminary 2006 results with net profit rising to CYP 465.327 or EUR 805.064 from CYP 281.646 or EUR 487.277 in 2005. Earnings per share surged
Big drop in youth unemployment  The unemployment rate in Cyprus measured on the basis of the quarterly Labour Force Survey dropped to 4.0% in the third quarter of 2006, compared with
Eurobank Securities has issued a forecast on the 2006 profits of Bank of Cyprus Pcl, anticipating that net profits in 2006 will increase by 132% YoY to EUR 293 mln or CYP
Heathrow handles most passengers; Frankfurt freight  The total number of passengers transported by air in Cyprus during 2005 increased by 5.6% to 6.78 mln, lower than the EU15 average increase of
Intense bid speculation over the shares of Bank of Cyprus Pcl pushed the stock and the general index of the Cyprus Stock Exchange to a record close on Friday and to levels
Marfin Popular Bank Public Company Ltd (CPB) will not revise its offer for Bank of Cyprus and Piraeus Bank, according to Marfin CEO Andreas Vgenopoulos. During a Conference Call held on 16
The Economy Intelligence Unit (EIU) maintained its Cyprus GDP growth forecast at 3.6% and 3.8% for 2007 and 2008 respectively. The EIU says that with slowing demand in both the Euro area
Sharelink Securities & Financial Services have revised their price target on Marfin Popular Bank (CPB) shares following the new guidance on the Group’s profitability targets stated by Management. “Based on the view
