Cyprus petroleum sales fall 2.9% in Jan-Apr

Total sales of petroleum products recorded a decrease of 2.9% over the corresponding period of the previous year during the period January – April 2010, according to the Statistical Service, CYSTAT. Total

Bank of Cyprus Q1 profit beat forecast

Bank of Cyprus Group (BOCY) reported net after tax profit of EUR 81 mln for the first quarter of 2010, easily beating and surpassing analyst forecasts of EUR 69-71 mln. At the

US Home prices show renewed pressure

Single-family home prices were unchanged in March from February, but fell in the first quarter under renewed pressure before federal aid for buyers faded away, Standard & Poor's/Case Shiller home price indexes

Alpha Bank Q1 net profit seen down 49 percent

Alpha Bank, Greece's third-largest lender, was expected to report a 49 percent drop  in first-quarter net profit, hurt by the recession and the  country's debt crisis, a Reuters poll found.  Net profit was