MONTHLY PORTFOLIO TRACKER  By John O’Donoghue Consultant Adviser, Caratfin Ltd.  A month on and the medium risk portfolio has very nearly recovered fully from the recent correction, and has hit its highest ever month-end value, at $481,333, a gain of 92.5% versus the initial investment of $250,000 back in September 2003. This represents
More
Cyprus GDP in the first quarter of 2007 is not expected to show any significant change, according to the statistical model developed by the Intercollege School of Business Macroeconomic Forecasting Group. Specifically, Cyprus GDP will reach CYP 1.88 bln (EUR 3.21 bln), at current prices, as in the first quarter of 2006. During the second
More
Hellenic Bank Pcl (HB) has embarked on a more aggressive expansion course as regards the strengthening of its branch network in Greece as well as potential takeovers, “if and when opportunities arise.†Andreas Panayiotou, Chairman of the board of Hellenic Bank told the Financial Mirror that the decision to submit a takeover bid seeking 50%
More
Intense merger and takeover activity helped Cyprus stocks maintain robust gains during the first quarter, with prospects boding well for the remainder of the year as the pace of M&As shows no signs of slowing down. The CSE General Index (Main and Parallel) ended on March 30 at 4202 points for a 7.73% increase in
More
Pipex Wireless and Nokia Siemens Networks have agreed to co-operate on WiMAX infrastructure and service development to expand the availability of commercial WiMAX services in the UK. As one of the world’s leading infrastructure and services providers, Nokia Siemens Networks is well placed to assist Pipex Wireless in the development of future WiMAX services. Pipex
More
The European Commission has set out charges on Cyprus and eight other member states which joined the EU in 2004 for the build-up of surplus stocks of various agricultural products prior to their accession. The countries will have to pay a total of € 41.1 mln into the EU budget, but will be given a
More
France’s forthcoming presidential election may well mark a key change for French society, but is unlikely to alter the country’s long-standing resistance to reforms by bringing about a renewal of the economic policy debate, says Moody’s Investors Service in a new report as part of its new “International Policy Perspectives” series. The report, entitled “French
More
Spyware accounted for 31% of all infections recorded by ActiveScan, Panda Software’s online scanner, in March. These spy programs compile information about users’ Internet activity for various purposes, such as displaying personalized adverts. “Spyware accounts for so many infections largely due to the way it spreads. Lately e have witnessed a notable increase in the
More
USRobotics recently launched its Ndx Wireless Product Family at CEBIT in Germany. The product family uses USRobotics’ Ndx wireless technology to deliver data throughput up to the equivalent of 270 Mbps bandwidth performance and range up to five times greater than standard 802.11g products. “Our Ndx products deliver upon the commitment USRobotics made to ship
More
The CSE Council announced that it has accepted the listing of 2,889,282 shares of A.L Prochoice Group Public Ltd, which have resulted from the exercise of bonds, which had been granted to the shareholders of Expresstock Financial Services Ltd at the acquisition of the company in 2002. It is noted that the above shares will
More