Petrolina cuts dividend on lower profit

Petrolina Holdings Pcl (PHL), the fuel and lubricant distributor with its own network of petrol stations announced a sharply reduced interim dividend for 2006 as its first half profits came under pressure.

Demetra profit surge to CYP 17.5 mln

Demetra Investments Pcl (DEM), the island’s largest investment company with 200.000 shareholders on its registry reported a spectacular increase in first half profit to CYP 17.5 mln on the back of a

Hellenic beats profit forecast

…H1’06 profits help revise targets Hellenic Bank Pcl (HB) beat analyst expectations delivering a strong set of first half profit amounting to CYP 15.3 mln compared to CYP 794.000 a year ago

Hellenic open to ‘cooperation’

Hellenic Bank Pcl (HB) is open to cooperation with any group that will boost shareholder value, said HB CEO Makis Keravnos during the presentation of the Bank’s first half results. Pressed by

Mobile malware up 30%

Security threats to mobile devices are increasing and will reach critical proportions within the next 18 months, What PC? reports. Experts say malware that targets devices such as smartphones, laptops and PDAs

Liberty Life to merge with Aspis

Liberty Life Insurance Pcl (LIB) is expected to merge with Aspis Pronia (Cyprus) Ltd, following the successful acquisition of 50% plus one share of MFS issued share capital by Aspis Group S.A..