Economic news remains almost unrelentingly grim and the media has now moved its focus on from the credit crunch to the recessionary impact on the economy, but analysts at Barclays Wealth (BW) say it is worth remembering that there are some investment strategies that equity investors can employ to improve the chances of their portfolio
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Bank of Cyprus reminds the investing public that its shares will trade ex-interim dividend the EUR 0.15 per share on Monday, 24 November 2008, i.e. buy transactions that take place before market close of the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) on 21st November 2008 will be eligible to the interim dividend.
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Cyprus President Demetris Christofias is in Moscow this week where he will sign a total of seven agreements during a state visit described by the government as “very important” that will help further strengthen the friendly relations between the two countries. Christofias is also expected to appeal to his Russian counterpart to remove Cyprus from
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Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp. Yahoo announced late on Monday that Yang, whose leadership had come under growing criticism from shareholders after he failed to agree to a
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Hewlett-Packard Co posted stronger-than-expected results and forecast full-year profit above Wall Street estimates, underscoring its resilience to an economic crisis that has dragged down other tech companies. Shares of HP jumped 10 percent as its preliminary October quarter results suggested the world's largest-maker of personal computers was winning market share and benefiting from recurring revenue
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Average UK retail petrol prices made the largest monthly drop over the past month, the Automobile Association (AA) said on Tuesday. The average petrol prices dropped by 11.54 pence in the month to Monday, the association said in a press statement. The drop was the largest ever, surpassing the 7.9 pence drop recorded for August-September
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The European Commission will make proposals on hedge funds and private equity next month, the head of the EU's executive arm said on Tuesday. "About actions relating to hedge funds and private equity, Commissioner (Charlie) McCreevy has told me that we will be able to present those proposals in December," Commission President Jose Manuel Barroso
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European shares extended gains in late trade on Tuesday to hit their day high, tracking advances on Wall Street and helped by a higher oil price. At 1530 GMT, the FTSEurofirst 300 index of top European shares was up 0.8 percent at 844.47 points, having just hit a day high of 845.29. The index had
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The U.S. dollar remains the premier international currency and its safe-haven status has seen it appreciating rapidly during the financial crisis, Federal Reserve Chairman Ben Bernanke said on Tuesday. Responding to a question during a hearing of the U.S. House of Representatives Financial Services Committee, Bernanke said the dollar system was not dead. "We have
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Ford Motor Co, scrambling for cash as the U.S. Big Three automakers struggle to stay alive, will end 12 years of control of Mazda Motor Corp through the sale of a 20 percent stake in the Japanese carmaker for around $540 million. Ford will remain Mazda's top shareholder with a stake of just over 13
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