Marfin Popular Bank Chief Executive Andreas Vgenopoulos, informed the Company that on January 5, 2007 he proceeded with the sale of 1,295,325 shares at EUR 8 per share for a total cash consideration of EUR 10.36 mln or CYP 5.9 mln.  The shares were the result of the exercise of rights (stock option plan) of

Motorola, Inc. has been awarded the Chicago market by Sprint Nextel for the build-out of its WiMAX wireless broadband service to deploy at least 1,000 sites in the greater Chicagoland area, providing select area coverage that complements Sprint Nextel’s existing EV-DO network. Initial service is expected to begin late in 2007, with the commercial launch

Oracle Corporation reported notable key customer wins within the Europe, Middle East & Africa (EMEA) region during the second quarter of fiscal year 2007. During the period, Oracle reported a 35% increase in as reported applications revenues in the region over the same period last year. “We see sustained demand across our product offerings including

Yahoo! Inc. has launched a beta version of Yahoo! Go for Mobile 2.0 at the Consumer Electronics Show (CES) 2007 in Las Vegas. This is a new application that redefines the mobile Internet experience for consumers through a unique product design, ability to personalize with content from the entire Internet and a reinvention of mobile

Slight rise in December   The harmonised inflation rate (HICP) in Cyprus rose slightly in December, to 1.5% compared with the corresponding index of December 2005. This was slightly higher than in November 2006, when HICP rose by only 1.3% owing to the cut in excise duties on cars. For the period January-December 2006 the

The Board of Directors of Liberty Life Insurance Public Company Ltd announced that at the meeting held on January 8, 2007 at the Company’s Head Office in Nicosia, it was decided to hold an Extraordinary General Meeting on Friday, February 2, 2007 at 11.00 am at the Company’s Training Center to authorize the Board of

The CSE Council announced that with the launch of the new tariff policy for the data feed of the CSE Market from January 15, 2007, as it was recently published in the Gazette and after the relevant Decision of the CSE Council, the price of listed securities will not be broadcasted real time on the

…as Marfin Popular Bank lifts CSE higher   Marfin Popular Bank Pcl (CPB) lifted the total market capitalization of the Cyprus Stock Exchange by a whopping EUR 4 bln to EUR 17 bln or near CYP 10 bln, following the listing of 414 mln news shares, which were matched by a spectacular increase in the

The shareholders of “Marfin Financial Group Holdings SA” who have shares that were not exchanged within the framework of the Public Offer, have the right to exit either in cash or payment in kind pursuant to article 28 of Law 3461/2006 and the Decision of the Securities and Exchange Commission Board of Directors 1/409/29.12.2006. The