Logicom Public Ltd (LOG) reported a 29.4% Year-on-Year increase in first half profitability to EUR5.0 mln on the back of sharply higher sales and a favourable swing in exchange rates. EPS was
Vassilico Cement Works Public Co Ltd (VCW) reported a decline in profitability during the first half of 2008 compared to a year ago with net profit declining 14.7% to EUR7.37 mln from
Stock market investors have dumped shares in an equities downturn over the past year but company managements seem to be sanguine about their firms' prospects, holding on to stock and even buying
Aspis Holdings Public Co Ltd (ASP) announced plans to proceed with an immediate capital injection of EUR 45 mln to boost its capital and reserves, while also proceeding with efforts to issue
Commercial Value SA, the insurance company at the centre of investigations by the Greek regulatory authorities, which led to the suspension of the titles of Aspis Pronia in Athens and Aspis Holdings
Muskita Aluminium Industries Plc (MAI.CY) issued reported a mild 3.3% increase in net profit during the first half of 2008, leading Sharelink Securities & Financial Services to decrease its price target on
Ocean Tankers Holdings Pcl (OCT.CY) announced that its founder and Executive Chairman Michael Ioannides disposed 28.13 mln rights to ship owners and institutional investors, with the amount received to be used for
Total loans given to non monetary financial institutions in Cyprus by end of June 2008 surged by 31.6% year-on-year to EUR 46.7 bln and 3% month-on-month from May 2008, according to the
At home, the mood on the Cyprus stock exchange continued to be affected by negative market sentiments and preparations for the summer holidays, despite the end-of-month colossal convertible bond issue by the
In the wake of Tuesday's court decision to block the closure of Turkey's ruling party, the primary question is whether policymakers will quickly go back to work, especially on the economic reform
