Deutsche Bank keeps BOC target at CYP 5.7

Deutsche Bank is maintaining its buy recommendation on the shares of Bank of Cyprus with an unchanged price target of CYP 5.70 (EUR 9.8855) indicating an upside potential of 10% from current

CFI keeps interim dividend same

Cyprus Forest Industries Pcl (CFI) has decided to distribute a dividend payment of 5 cent (EUR 0.0867) per share to its shareholders from its earnings of 2004. The ex-dividend date is set

HB and ALICO cooperate in mutual funds

Hellenic Bank Pcl announced the expansion of an existing cooperation pact with American Life Insurance Co. ALICO-AIG Life in the field of Mutual Funds. According to a cooperation agreement signed between the

Lefkaritis Cyprus selects Oracle ERP solution

The Lefkaritis Group, the biggest Cyprus company in the transport and fuels sectors, has chosen the Oracle JD Edwards EnterpriseOne ERP solution, according to Softecon Enterprise that has already implemented 40 similar

Oil prices surge to $62 pb

Oil prices moved back to near USD62pb after a reported steep 3.3 mln barrel fall of US oil inventories and after new attacks on foreign oil facilities in Nigeria. The market was