Cyprus - Page 1706

New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the

The European Commission left its 2010 growth outlook for the euro zone unchanged on Thursday despite concerns about Greece and other reports painting an increasingly grim picture. The euro zone should squeeze

Bank of Cyprus Group has issued its profit guidance for 2010 forecasting profit after tax will be between EUR 300 and EUR 400 mln, the same as in 2009, expecting positive contribution

The Board of Directors of the Bank, taking into consideration the Group’s financial results, has decided to propose at the Annual General Meeting of its shareholders a final dividend of EUR0,08 per

Bank of Cyprus Group’s profit after tax for 2009 reached EUR313 mln, while return on equity was maintained at 14,0%, in line with Management’s forecasted profit range of EUR 300-400 mln, but

Bank of Cyprus announced net profits for 2009 amounting to 313 million euro, reduced by 38% compared to 502 mln euro in 2008 due to the financial crisis. However, the Group announced

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that a weak job market and low inflation would likely allow the central bank to keep interest rates at very low levels for

Sales of newly built single-family homes unexpectedly fell to a record low in January, according to government data on Wednesday that hinted at potential trouble for the fragile housing market recovery. The

Investors are notified that the interest rate of the Bonds 2013/2018 of Alpha Bank Cyprus Ltd for the three months 28/02/2010 – 29/05/2010 has been set at 2.459%.

The Board of Directors of Interfund Investments Plc (INF) has decided to commence procedures to reduce the Company’s share capital by 708.556 shares that are currently held by the Company under its