Thu, 1 Apr 2010: The week’s top news in world financial markets from Maximus Capital…
Apr 1, 2010 Baltics
Another report showed home prices rose in January. Gloom is lifting as firings slowand the expansion that began in the middle of 2009 is on the cusp of prompting companies to boost payrolls. Consu...Tags: Bailout, Consumer Spending, Cusp, Economy, Euro Zone, European Union, Financial Markets, Gain Confidence, Gloom, Greece, Households, Housing Market, Investors, Maximus, News World, Rose, Rsquo, Top News, World Markets
Thu, 4 Mar 2010: Autoliv makes buyout offer…
Mar 4, 2010 Baltics
Norma told the Tallinn bourse that Autoliv has agreed with shareholders representing 26.44 percent of the share capital of Norma that, in case it makes a cash offer for all shares of Norma it d...Tags: Autoliv, Bourse, Common Shares, Estonian Kroons, Investors, Nominal Value, Norma, Respect, Share Capital, Shareholders, Tallinn Stock Exchange, Third Person
Wed, 24 Feb 2010: Going Dutch, with trade…
Feb 24, 2010 Baltics
“It is high time to discover Lithuania as a business partner and as a favorable place for your investments. As the Lithuanian economy is recovering from the recession, investors have wonde...Tags: Business Opportunities, Business Partner, Cult, Dutch Businessmen, Economy Ministry, Export Department, Favorable Place, High Time, Investments, Investors, Lithuania, Recession, Rsquo, Tourism Infrastructure
Wed, 24 Feb 2010: Latvian delegates seek deals in New Delhi…
Feb 24, 2010 Latvia
18, Kampars and Indian Commerce and Industry Minister Anand Sharma came to an agreement on invigorating economic cooperation between both countries. During the meeting, both ministers signed an ag...Tags: Anand Sharma, Baltic States, Delegates, Economic Cooperation, Full Security, India, Indian Commerce, Indian Governments, Industry Minister, Investments, Investors, Losses, Measures, New Delhi, Prevention
Thu, 26 Nov 2009: Investor interest returning as economies start to stabilize…
Nov 26, 2009 Baltics
The Stockholm-based fund has about 3 billion euros under management, and owns stakes in Lithuanian dairy foods maker Pieno Zvaigzdes, telephone operator TEO LT and Estonian retailer Tallinna Kau...Tags: Baltic Region, Company Shares, Dairy Foods, Dow Jones, Earnings, Eight Times, European Union, Finland, Investor Interest, Investors, Latvia, Lt, Pohjola, Recession, Rsquo, Signs, Stockholm, Tallinna, Telephone Operator, Trades
Thu, 26 Nov 2009: Nasdaq restructuring will improve share trading platform…
Nov 26, 2009 Baltics
“Trading and settling in one currency for the members and investors will increase the accessibility to the Baltic market and thereby make it more attractive.” The new marketplace wi...Tags: Accessibility, Baltic Countries, Baltic Market, Currencies, Currency, Investors, Launch, Members, Nasdaq Trading, New Marketplace, Restructuring, Share Trading, Shares, Stock Exchanges, Trading Platform
Thu, 22 Oct 2009: Commercial Law amendments in the works…
Oct 22, 2009 Baltics
It was decided not to reduce the joint stock company minimal capitalization. The reasoning apparently was that joint stock companies are often formed with a view to attracting further investors,...Tags: Capitalization, Creditors, Investors, Joint Stock Companies, Joint Stock Company, Lats, Law Amendments, Limited Liability Companies, Limited Liability Company, Minimum Share Capital
Thu, 17 Sep 2009: Taxi violence reflects larger problems…
Sep 17, 2009 Baltics
Taxi drivers [in Latvia] see how politicians buy support and votes from each other, eventually they start to see it as the norm and want to have their share." Criticizing airBaltic, she also sai...Tags: Free Competition, Investors, Latvia, Norm, Passing Car, Politicians, Taxi Company, Taxi Drivers, Tourists, Violence
Thu, 20 Aug 2009: Investors attracted to Lithuanian bonds…
Aug 20, 2009 Lithuania
Investors are attracted to bond yields reaching close to 10 percent. Lithuania sold 500 million euros in five-year bonds yielding 9.375 percent on June 15, with investor demand exceeding supply...Tags: Adoption, Auction, Bbb, Bond Yields, Bonds, Credit Rating, Creditwatch, Economic Slump, Euro Exchange Rate, Exchange Rate Mechanism, Investor Demand, Investors, Lithuania, News Agency
Wed, 15 Apr 2009: Real estate market can still pull investors…
Apr 15, 2009 Baltics
The firm currently manages commercial properties totaling more than 11 billion euros, making it the largest player in the region. . ...Tags: Investors, Real Estate Market
Wed, 25 Mar 2009: Sport channel needs millions to survive…
Mar 25, 2009 Baltics
The TV producer said that the size of the investment would depend on what kind of program he would make 's one that covered a substantial amount of news or just a sports program without any news....Tags: Baltic Countries, Baltic News Service, Invest, Investors, Kalev, Kroon, Meedia, Shares, Sport Channel, Sports Program, Television Channel, Tv Producer
Wed, 11 Mar 2009: The week’s top news in world financial markets from Maximus Capital…
Mar 11, 2009 Baltics
Data that came out last week revealed that this weakness continues to show through to the labor market, with a February payroll decline of 651,000 and the unemployment rate rising to 8.1 percent. ...Tags: Collapse, Consumer Confidence, Consumer Spending, Consumption, Decline, Deterioration, Extent, Financial Markets, Gasoline Prices, Inflation, Investors, Maximus, Payroll, Percent Change, Ray Of Light, Sharp, Top News, Trend, Trough, Unemployment Rate
Wed, 25 Feb 2009: Ailing AS Kalev to restructure empire…
Feb 25, 2009 Baltics
On the same day, board member of Eesti Spordikanal Alar Pink was recalled from his post and Lepp and Ivar Jurtsenko were appointed as new board members. Pink said that giving up its holding in K...Tags: Aim, Alar, Baltic News Service, Board Member, Board Members, Company Debt, Eesti, Empire, Financial Woes, Freedom, Headlines, Investors, Ivar, Kalev, Lepp, Meedia, Orientation, Pink, Sports Desk, Television Channels
Wed, 25 Feb 2009: The week’s top news in world financial markets from Maximus Capital…
Feb 25, 2009 Baltics
Another focus of worries is related to Obama's $787 billion rescue plan, which turned out to be heavy on rhetoric but light on detail. Don't forget that this plan was aimed at further capital inje...Tags: Bonds, Capital Injections, Corporate Giants, Dilemma, Distressed Assets, Ecb, Economy, Eu Member States, Financial Markets, Foreclosures, Hewlett Packard, Interest Rates, Investors, Maturity, Profit Drop, Quarter Profit, Rhetoric, Top News, Universe, Worries
Wed, 3 Dec 2008: Snoras not in danger: bank chief …
Dec 3, 2008 Baltics
This procedure consolidated the bank's capital base, strengthened the trust of investors and clients, and also allowed to expand and propel the bank's activity," he said. On Sept. 3, Vladimir Ant...Tags: Bank Chief, Banks, Efficiency, Face, Investors, Lithuania, Management Board, Optimization, Profits, Relocation, Snoras, Stake, Stock Exchange, Supervisory Board, Vladimir Antonov
Thu, 18 Sep 2008: Hedge funds help investors weather recession…
Sep 18, 2008 Baltics
In fact, over 81 percent of principals said that market volatility favors hedge funds over traditional investment vehicles," said Howar Altman, co-managing principal of Rothstein Kass. These senti...Tags: Alternative Funds, Altman, Baltic Times, Baltics, Corporate Finance, Economic Downturn, Hedge Funds, Howar, Investment Vehicles, Investors, Mana, Market Volatility, Principals, Rain, Recession, Rothstein Kass, Sentiments, Tallinn Stock Exchange, Traditional Investment, Weather
Wed, 30 Jul 2008: Housing prices set to tumble further …
Jul 30, 2008 Baltics
He says that "The banks are attempting to help borrowers in order for the market not to crash. The banks also don't want to have to sell the mortgaged property." He didn't commit to forecasting ...Tags: Banks, Borrowers, Crash, Housing Prices, Investors, Price Decline, Real Estate Prices
Wed, 18 Jun 2008: Swedish banker: Latvia missed the boat…
Jun 18, 2008 Latvia
He said the best way to restrict consumption would have been to raise VAT. "It is clear that the only way it was possible to restrict consumption was to raise the value added tax," he said. "Al...Tags: Central Banker, Consumption, Households, Inflation, Inflationary Expectations, Investors, Latvia, Measures, Risk, Taxation, Textbooks, Value Added Tax
Wed, 14 May 2008: International oil trader seeks assurance in Latvia…
May 14, 2008 Latvia
Vitol, a privately owned, Switzerland-based trader, entered the market in October 2006 after it purchased over a third of Ventspils Nafta, an oil terminal, at an open auction. Since then the in...Tags: Businessmen, Damages, International Oil, Investor, Investors, Latvia, Naftas, Oil Products, Oil Terminal, Oil Trader, Open Auction, Percent Stake, Shareholders, Subsidiary Company, Switzerland, Ventspils Nafta, Vitol, Vnt
Wed, 16 Apr 2008: Telecom share swap approved…
Apr 16, 2008 Baltics
It remains unclear whether an investor would be interested in a 49 percent stake, or what guarantees and rights the investor would demand before agreeing to a deal. The Economy Ministry wanted t...Tags: Auction, Cell Phone Operator, Economy Ministry, Guarantees, Investor, Investors, Lattelecom, Lmt, Percent Stake, Protocol, S 51, Share Swap, Swap Deal, Telecom, Telecommunications Market, Teliasonera
Thu, 3 Apr 2008: Government agrees on share swap with TeliaSonera, Blackstone…
Apr 3, 2008 Baltics
The government said that the Latvian State Radio and Television Center would serve as the intermediary in the deal. A spokesman for Prime Minister Ivars Godmanis said that the government would r...Tags: Auction, Blackstone, Economy Minister, Fatherland, Final Judgment, Freedom, Indefinite Period, Investors, Ivars, Kaspars, Lattelecom, Latvian State, Prime Minister, Private Investor, Proposal, Share Swap, Spokesman, State Radio, Television Center, Teliasonera
Wed, 19 Mar 2008: Experts: Latvia must think more about the euro…
Mar 19, 2008 Latvia
"Without the euro we are European periphery, and our investors and potential cooperation partners will view us as such," Rimsevics told a conference. He expressed hope that Latvia will be able t...Tags: Chamber Of Commerce, Chamber Of Commerce And Industry, Cooperation Partners, Economists, Euro Zone, Investors, Joining The Euro, Latv, Latvia, Periphery, Uncertainties
Wed, 5 Mar 2008: Piebalgs: $200 per barrel oil?…
Mar 5, 2008 Baltics
"What I'm saying is only partially an exaggeration," he added, "so it shouldn't surprise us." Oil futures reached a record high of $103.76 on March 3 as investors tuck their dollars in commodit...Tags: Barrel Oil, Commodities, Exaggeration, Investors, Laws Of Supply And Demand, Oil Futures, Speculation, Supply And Demand, Wed 5