Aristo Developers Public Co. Ltd. has decided to declare a 1.56 cent dividend out of 2003 profits, which at current prices prevailing on the CSE gives a dividend yield of 6%. The company announced that the record date for participation in the dividend is December 6, while the stock will trade ex-dividend on December 7-8.

The Cyprus Stock Exchange announced the temporary suspension of Monday trading for one hour citing technical problems. The Exchange said it will resume work as soon as the technical problem is fixed.

…but CLR maintains overall lead CISCO, the investment banking arm of Bank of Cyprus Group took the lead in the CSE member market share in November, moving from 3rd place in October to 1st in November, but CLR maintained its overall supremacy in the year-to-date rankings. CISCO grabbed a 19.5% market share in November as

Vision International People Group reported a 6% decline in turnover during the first nine months of the year to USD 56.8 mln due to changes in the replenishment of the stockholding levels of the franchises in the CIS & Baltics, but expects overall sales for 2005 to be significantly better than 2004 figures. The fact

Mobile phone users in Europe are going to have a chance soon to raise their own virtual Tamagotchi pets. Bandai Networks Co. of Japan, its subsidiary Bandai S.A. in France and Living Mobile GmbH, a German branch of the Walt Disney Internet Group, announced Monday that they plan to develop the Tamagotchi game for European

A Japanese-owned factory making TV tubes in Germany announced it would close with a loss of 620 jobs as the market shrinks for traditional television sets. The Panasonic-brand plant at Esslingen, a suburb of Stuttgart, is jointly owned by Japanese multinationals Matsushita Electric and Toshiba. Chief executive Eberhard Buettner said it would cease production of