Wed, 6 Jan 2010: Stock exchange rides year-end rally…
Jan 6, 2010 Baltics
The Estonian Central Depository numbers show the total number of Exchange investors was stable throughout the year. More than 22,000 securities accounts hold securities listed on NASDAQ OMX Tal...Tags: Arco Vara, Country Of Origin, Exchange Investors, Listed Companies, Nasdaq, Omx, Participation Rate, Rally, Riga, Shareholders, Stock Exchange, Takeover, Vilnius, Year End
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
Wed, 19 Nov 2008: Bourses to extend working hours…
Nov 19, 2008 Baltics
instead of the current 2:00 p.m. The aim of the change is to ensure foreign investors better access to the Tallinn, Riga andVilnius bourses and thereby generate higher trading activity in t...Tags: Aim, Baltic Market, Bourses, Current 2, European Markets, Foreign Investors, Freedom, Nasdaq, Omx, Riga, Saxess, Stock Exchange, Tallinn, Ter
Wed, 12 Nov 2008: Olympic’s lucks runs out on the bourse …
Nov 12, 2008 Baltics
The company's overall profit for the first nine months has fallen 64 percent to 98.9 million kroons year-on-year. The following day saw Olympic take a heavy blow on the stock exchange as weary f...Tags: Andri, Baltic Times, Blow, Bourse, Ceo, Efficiency Program, Financia, First Nine Months, Foreign Investors, Fourth Quarter, Investments, Lucks, Plummet, Squeeze, Stock Exchange, Tallinn, Turnover
Wed, 5 Nov 2008: Parex Bank registers massive bonds …
Nov 5, 2008 Baltics
The board of the Finance and Capital Markets Commission decided to register the 53,500 bonds, issued by Parex Bank, for listing on the stock exchange, with the face value set at 100 euros for one...Tags: Bank Bonds, Capital Markets, Co Owner, Face Value, Finance, Jurmala, Latvia, Latvian Business, Parex Bank, Reason, Seaside Resort City, Smile Bank, Stock Exchange, Villa Marta, Wed 5, Wedding Gift
Thu, 16 Oct 2008: Baltics defiant as Iceland’s economy freezes…
Oct 16, 2008 Baltics
The government then shut down the stock exchange, triggering all trade in krona to cease due to foreign banks' refusal to accept the currency, even at bargain rates. Despite taking every measure ...Tags: Analysis Suggests That, Baltics, Bargain Rates, Credibility, Currency, Emergency Assistance, Expert Analysis, Financial Shock, First Victim, Foreign Banks, Global Economic Crisis, Iceland Government, Icelandic Krona, International Monetary Fund, International Monetary Fund Imf, Lent, Sensible Option, Stock Exchange, University Of Iceland, World Economy
Wed, 19 Mar 2008: Estonians excluded from Latvia’s national library project…
Mar 19, 2008 Latvia
Board Chairman Toomas Annus is one of the suspects in the case, prosecutors said. However, Tonu Toomik, head of Merko's Latvian subsidiary Merks, deflected the criticism, saying the company was a...Tags: Annus, Baltic News Service, Board Chairman, Information System, Institutions, Latvia, Law Enforcement, Library Project, Liquidity, Merko, National Library, Objections, Prosecutors, Share Capital, Stock Exchange, Stock Information, Subsidiary, Suspicions, Tallinn
Wed, 10 Oct 2007: Company brief…
Oct 10, 2007 Baltics
The company also promised to cover medical costs if the passengers prove that they suffered injuries from the crash landing. The airline, which controls airBaltic and Estonian Airlines, intends to...Tags: Acquisition, Airline, Bombardier, Crash, Dairy Company, Dash 8 400, Estonian Airlines, Fleet, Latvia, Latvian Company, Medical Costs, Planes, Sas, Stock Exchange
Wed, 9 May 2007: Apranga earnings soar in Q1 …
May 9, 2007 Baltics
The group has projected that sales would reach the 1 billion litas mark in 2010. The clothing retailer targets a 50 percent growth to at least 31 million litas in pretax profits this year, with ...Tags: Apranga, Baltic, Bonds, Business Conglomerates, Clothing Retailer, Earnings, Investment Arm, Lithuania, Percent Stake, Pretax Profits, Shareholders, Soar, Stock Exchange
Wed, 4 Apr 2007: Private investors in atomic plant project worry Poland…
Apr 4, 2007 Baltics
Lithuania's private-capital quandary arose once the government decided to merge three utility companies: Lietuvos Energija (Lithuanian Energy), Rytu Skirstomieji Tinklai (operator of the eastern...Tags: Atomic Plant, Baltics, Doubts, Draft Law, Eastern Grid, Economy Minister, Merged Company, Merger, Ndx, Parliament, Percent Stake, Private Capital, Private Firm, Private Investors, Quandary, Rst, Stock Exchange, Vp, Vst, Vytas
Wed, 14 Mar 2007: Coalition partner dreams of new IPO era…
Mar 14, 2007 Baltics
I think that listing state-owned commercial enterprises on the stock exchange is an important step in this direction," Veskimagi wrote in the Postimees daily. As Estonians' incomes increase, th...Tags: Coalition Partner, Culture, Dreams, Finance Minister, Finland, High Standard Of Living, Incomes, Investment Opportunities, Investments, Ipo, New Era, Population, Postimees, Res Publica, Spectrum, Standard Of Living, Stock Exchange, Stocks, Transformation
Wed, 29 Mar 2006: Parex sees bottom line soar…
Mar 29, 2006 Baltics
In the past the bank's president, Valery Kargin, has deflected criticism by saying that asset-growth wasn't an end in itself and that the bank's goal was to boost profitability and increase share...Tags: Asset Growth, Bank Shareholders, Bottom Line, Dividends, European Stock, Increase Shareholder Value, Kargin, Lats, Loan Portfolio, Long Term Goal, Parex, Placements, Profitability, Selling Shares, Soar, Stock Exchange, Valery
Wed, 14 Dec 2005: Invalda snaps up Lietuvos Telekomas’ property…
Dec 14, 2005 Baltics
The fund also owns the IBC business center and other real estate facilities.With those transactions completed, the value of the real estate portfolio controlled by the fund would reach approximate...Tags: Banys, Buildings, Business Center, Debut, Litas, Real Estate Company, Real Estate Fund, Stock Exchange
Wed, 26 Oct 2005: Report: Tallink to take Silja’s passenger service…
Oct 26, 2005 Baltics
Galvin did not comment on whether the company had held talks with Tallink. Tallink officials also refused to comment on reports that they were prepared to buy part of Silja Line's fleet.Still, Gal...Tags: Drawing, Fleet, Galvin, Sea Containers, Service Situation, Silja Line, Stock Exchange, Tallink
Wed, 31 Aug 2005: Ultra-mall poised to raise equity capital…
Aug 31, 2005 Baltics
Vilniaus Akropolis controls Akropolis malls in Vilnius, Kaunas and Klaipeda. In Latvia, it controls Rigas Akropole subsidiary and has daughter companies in Romania and Bulgaria.Last year it posted...Tags: Akropolis, Ambitious Expansion, Bulgaria, Daughter Companies, Decline, Equity Capital, Expansion Plans, Finance, Investment Company, Investments, Kaunas, Klaipeda, Latvia, Malls, Pretax Earnings, Romania, Stock Exchange, Subsidiary, Turnover
Wed, 23 Mar 2005: MG Baltic to take Stumbras public…
Mar 23, 2005 Baltics
"We could not offer a company that has no growth potential on the exchange."As part of the deal, MG Baltic will spin off Stumbras' bioethanol plant in Silute into a separate entity by the end of t...Tags: Consolidated Sales, Distillery, Market Capitalization, Net Profit, Spin, Stock Exchange, Subsidiary
Wed, 2 Feb 2005: Fund manager: Lithuanian equity undervalued…
Feb 2, 2005 Lithuania
27. "However, our study has revealed that stock prices on the market have not reached their true value in most cases." IPM, which manages two investment funds, conducted its market survey in accor...Tags: Arbitrage, Equilibrium System, Feb 2005, Government Bonds, Grapes, Investment Funds, Ipm, Lithuanian, Market Survey, Price Equilibrium, Price Theory, Profit Margin, Stock Exchange, Stock Price, Stock Prices, Stocks, Theoretical Value, True Value, Vilnius
Thu, 11 Dec 2003: Vilnius stock exchange up for sale next year…
Dec 11, 2003 Lithuania
"HEX may be a serious rival standing in our way, since its experience in taking over other markets is one of its biggest assets. However, I still think we have a chance," WSE President Wiesaw Rozu...Tags: Assets, Bidders, Closing Date, Hex, Jan 29, Litas, Privatization, Proof, Prospectuses, Stock Exchange, Vilnius, Warsaw Business Journal
Thu, 7 Aug 2003: In Brief - 2003-08-07…
Aug 7, 2003 Baltics
The initial price of a 91.95 percent stake in Stumbras has been pegged at 107 million litas, or 3.92 litas per share. The 50 percent premium offered by the highest bidder demonstrates the potentia...Tags: Alcohol Industry, Baltic News Service, Earnings, Gsm, Highest Bidder, Initial Price, Interest Tax, Litas, Lithuania, Market Capitalization, Mobile Operator, Percent Stake, Profitability, S Market, Stock Exchange, Tdc, Telecommunication Company
Thu, 3 Apr 2003: Markets watch Ventspils…
Apr 3, 2003 Baltics
They are just trying to find a solution to this problem."Investors put a positive spin on the development, and the stock finished the week up 2.2 percent."Investors were more interested in Latvija...Tags: Alo, Baltic News Service, Estonian Stock, Eu Countries, Exchange Turnover, Hansapank, Investment Bank, Investors, Latvian Shipping Company, Maritime Zones, Stock Exchange, Ventspils
Thu, 30 Jan 2003: Analysts expect solid dividends for 2002…
Jan 30, 2003 Baltics
"No major changes are expected in the companies' dividend policy. I think that the major Estonian companies listed on the stock exchange will pay shareholders reasonable dividends," Reisenbuk said...Tags: Capitalization, Competitor, Dividend Policy, Dividends, Estonian Companies, Kroons, Maximum, Net Profit, Shareholders, Stock Exchange
Thu, 5 Aug 1999: Vilnius in the lead among Baltic bourses…
Aug 5, 1999 Baltics
To be fair, it should be noted that a drop in activity was seen last week on the New York and Russian stock markets as well.The situation was completely different in Vilnius, however, as all stock...Tags: Baltic, Bourses, Indexes, Lead, Riga, Rose, Russian Stock, Stock Exchange, Stock Markets, Tallinn, Vilnius
Thu, 29 Jul 1999: Exhibition company to quit stock exchange…
Jul 29, 1999 Baltics
According to the preliminary information, the purchase offer will be valid from July 26 until Aug. 23. The purchase offer does not include the 18 percent of outstanding shares held by the Baltic R...Tags: Baltic Republics, Business Activities, Exhibition Company, Exhibitions, Kroons, Net Profit, Net Sales, Outstanding Shares, Seminars, Stock Exchange, Stock Information, Strategic Plans, Substantial Changes