Marfin Financial Group announced 9M 06 consolidated Net Profit after Tax attributable to shareholders of EUR83.2m, an increase of 249% yoy. These profits correspond to earnings per share of EUR 1.626 for 9M 06 vs. EPS of EUR 1.60 guidance for the full fiscal year 2006.  The contribution of Egnatia and Laiki Cyprus Bank in

Responding to certain press articles published in the Greek and Cypriot press, the Bank of Cyprus Group denied that it is engaged in talks to extend any cooperation with Piraeus Bank or appoint an investment bank to help it in this regard. There is frequent cooperation between the Bank of Cyprus Group and international investment

Options Cassoulides Pcl (OPT) reported a 21.4% YoY increase in net profit attributable to shareholders in the first nine months of the year, failing to justify the 143% increase in the value of the shares since the beginning of the year. Turnover improved to CYP 15.2 mln in 9M06 from CYP 13.5 mln in 9M05,

Woolworth (Cyprus) Properties Pcl (FWW) has issued a bullish forecast, expecting 2006 net profit attributable to shareholders to reach CYP 3 mln or EUR 5.2 mln compared to CYP 2.3 mln or EUR 3.9 mln in 2005. The bullish forecast was made by the company after the first nine month results were released, showing a

Cyprus Trading Corporation Pcl (CTC) reported a 22.4% increase in turnover to CYP 121.88 mln or EUR 212 mln in the first nine months of 2006, coming very close to the total turnover of 2005 at CYP 133 mln. Included in total sales is the contribution of CRC-ARI Airports Ltd, which commenced operations on July

Earlier years show higher growth   The Statistical Service CYSTAT produced its first estimate for real GDP growth on Tuesday, saying that it expected real GDP growth to reach 3.8% in 2006. This is only very slightly lower than the (upwardly revised) 3.9% growth rate in 2005. The main drivers according to the estimates are

Mobile phone gamers are looking to the next generation of mobile gaming to meet their needs to easily discover, share and play fun and high quality mobile games, according to a study by Nielsen Entertainment in China, Germany, India, Spain, Thailand and the United States. The results of the survey, commissioned by Nokia, found mobile