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, 15 Jul 2009: Olympic cashes in Ukrainian chips…
Jul 15, 2009 Baltics
The suspension by the Minister of Finance was due to a fire that resulted in casualties at a gaming facility located in Dnepropetrovsk. OEG contended that the suspension of their casino license...Tags: Cashes, Casino License, Casinos, Casualties, Chips, Gaming Facility, Minister Of Finance, Oeg, Olympic, Parliament, Political Struggle, Safety Requirements, Tallinn Stock Exchange, Three Months, Ukraine, Ukrainian Government, Ukrainian Parliament
Wed, 3 Jun 2009: Sharp decline in retail sales hits hard…
Jun 3, 2009 Baltics
In unaudited accounts provided to the Tallinn Stock Exchange, TGK reported they had ended the first quarter of 2009 with losses of 52 million kroons. This is compared to a profit of 67.5 million...Tags: Address, Attempt, Decline, Economic Environment, First Quarter, Kroons, Losses, Negotiations, Office Staff, Own Organization, Retail Sales, Salaries, Second Quarter, Sharp, Tallinn Stock Exchange, Tgk, Tkg
Wed, 8 Oct 2008: Banks face ’sabotage’ …
Oct 8, 2008 Baltics
"The most likely reason some would do that is so that they could benefit by short-selling the company's stock," a trader who works on the Tallinn stock exchange told The Baltic Times. The trader ...Tags: Baltic Times, Banks, Challenges, Face, Financial Experts, Financial Sector, Global Turbulence, Newsrooms, Sun, Tallinn Stock Exchange, Tbt
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
Mon, 4 Aug 2008: Merko split in two…
Aug 4, 2008 Baltics
17,700,000 shares of AS Järvevana were traded on the Tallinn Stock Exchange Main List under a new shortname JRV1T as of Monday, August 4, 2008. According to the division plan, the business name...Tags: Assets Liabilities, August 4, Business Name, Contingent Liabilities, Contracts, Criminal Proceedings, Equity Interest, Land Swap, Liquid Assets, Merko, Tallinn Stock Exchange
Wed, 4 Jun 2008: Carlsberg offers buyout of minority stakes in Saku Brewery…
Jun 4, 2008 Baltics
As a result of this transaction Denmark-based Carlsberg ac-quired majority control over Saku Brewery, Estonia's largest beer producer. By law Carlsberg must offer to buy out shares of minority ...Tags: Buy Shares, Carlsberg, Control, Denmark, Estonia, Estonian Law, Euros, First Quarter, Majority Control, Minority Stakes, Quarter Profit, Stakeholders, Tallinn Stock Exchange, Total Value
Wed, 23 Jan 2008: Buyout of Admiralu Klubs casino chain collapses…
Jan 23, 2008 Baltics
It was not clear why the deal was canceled, but the companies did announce that they would continue talks and try to agree on acceptable terms. In a statement to the Tallinn Stock Exchange, the...Tags: Acquisition, Casino Operator, Consultations, Entertainment Group, Latvia, Olympic Casino, Olympic Group, Preliminary Agreement, Subsidiary, Tallinn Stock Exchange
Wed, 28 Nov 2007: Baltic stocks hit year-low on fears…
Nov 28, 2007 Baltics
23 to reach 683.2. In Estonia, which has the most robust equity market in the Baltics, the OMXT stock index fell 4.1 percent over the week. "There was no positive news. Every other day there's...Tags: Baltic, Baltics, Currency Exchange, Devaluation, Economic Depression, Euros, Exchange Points, Fears, Foreign Money, Pank, Positive News, Russian Community, Sbm, Stock Index, Stock Plunge, Stocks, Tallinn Stock Exchange
Wed, 22 Aug 2007: Markets deal blow to Baltic stocks…
Aug 22, 2007 Baltics
17], after the exchange had closed, the U.S. Federal Reserve surprised the markets with an unexpected rate cut to ease turbulence on the world's stock markets," Veskimagi said. "By now the Europea...Tags: Blow, Federal Reserve, Stock Markets, Stocks, Tallinn Stock Exchange, Turbulence
Wed, 21 Mar 2007: Media group heads into IPO with solid earning, sales numbers…
Mar 21, 2007 Baltics
The company said in a statement that 5.3 million shares would be offered to the public, of which slightly more than half will be sold by Luik and the remainder will consist of new stock. The offe...Tags: Baltic States, Blue Chip Stocks, Casino Group, Earnings, Financial Performance, Group Heads, Ipo, Luik, Media Group, Municipal Water, Relative Newcomers, Remainder, Sales Numbers, Shipper, Stock Trading, Tallinn Stock Exchange, Vitality, Water Company
Wed, 13 Dec 2006: Union refuses to back down against Tallink…
Dec 13, 2006 Baltics
According to reports in the Swedish press, the executives 's the group includes CEO Enn Pant, Andres Hunt and Keijo Mehtonen 's began to behave aggressively and eventually insult the service staff...Tags: Ceo, Cigar, Enn, Estonia, Face, Iltalehti, Incide, Keijo, Nov 1, Pant, Service Staff, Shipping Company, Subsidiary, Swedish Press, Tallink, Tallinn Stock Exchange, Tax Free Shop
Wed, 1 Nov 2006: Olympic Casino IPO comes up trumps…
Nov 1, 2006 Baltics
31. Trade in Olympic shares made up almost half of all market activity on the combined Baltic exchanges in the week following the launch.The initial public offering from the well-established gambl...Tags: Initial Public Offering, Ipo, Launch, Listed Company, Listed Market, Old Exchange, Olympic Casino, Shares, Shipping Line, Sizeable Chunk, Tallink, Tallinn Stock Exchange, Telecom Brokers, Trumps
Wed, 14 Dec 2005: Tallink stock trades publicly, CEO Pant awaits Riga route…
Dec 14, 2005 Latvia
But the Tallinn Stock Exchange listing for Tallink, the Baltics' largest passenger ferry, breathed yet more life into Baltic equity markets, which lost their most liquid stock, Hansapank, earlier ...Tags: Baltics, Ceo, Changing Hands, Enn, Helsinki, Journalists, Liquid Stock, Market Capitalization, Market Meltdown, Oslo, Pant, Passenger Ferry, Riga, S Market, Stock Market, Stock Trades, Stocks, Tallink, Tallinn Stock Exchange
Wed, 26 Oct 2005: Baltic stocks still attractive…
Oct 26, 2005 Baltics
Oone declined to say which companies were mulling over a listing. "It can take up to two years from the moment a company makes its decision on listing on the stock exchange to actual quotation," s...Tags: Baltic Market, Foreign Investors, Impetus, Newcomers, Oone, Quotation, Speculation, Stock Exchanges, Stocks, Tallink, Tallinn Stock Exchange
Wed, 6 Jul 2005: Hansabank has new CEO…
Jul 6, 2005 Baltics
We have set ourselves very ambitious targets, but I am confident that we have all the necessary ingredients to reach them," Raasuke said. Priit Poldoja was appointed head of Hansabank's Estonian b...Tags: Ambitious Targets, Business Unit, Ceo, Hansabank, Last Time, Margus, Necessary Ingredients, Network Shares, Retail Banking, Shareholders, Takeover, Tallinn Stock Exchange
Wed, 15 Jun 2005: Market wrap…
Jun 15, 2005 Baltics
Investors' attention on the Tallinn Stock Exchange continued to center on Tallinn Water. This was the first full week of trading for the stock, which rose on demand from large funds, Uhispank brok...Tags: Baltic News Service, Communication Firm, Indexes, Investors, Koppel, Page 6, Riga Stock Exchange, Starman, Tallinn Stock Exchange, Tehnika, Telekom, Turnover, Vilnius
Wed, 9 Mar 2005: Swedbank offer may be too sweet to pass up…
Mar 9, 2005 Baltics
"If at all possible, the shares should be kept," he said. Meerits cited the housing loans market as an example of why Hansabank was set to develop rapidly. Estonian housing loans account for 21 pe...Tags: Capitalism, Carl Eric, Director Carl, Gdp, Hansabank, Housing Loans, Justifications, Managing Director, Russian Market, Shares, Tallinn Stock Exchange, Telecommunication, Western Europe
Wed, 2 Mar 2005: TeliaSonera’s offer falls flat…
Mar 2, 2005 Baltics
25 close on Tallinn Stock Exchange.The government, which owns more than 27 percent of the Telekom shares, announced earlier this month that it would not accept the offer. Last year TeliaSonera off...Tags: Aim, Baltic News Service, Kroons, Long Term Goal, Scandinavian Company, Stake, Tallinn Stock Exchange, Teliasonera
Wed, 23 Feb 2005: Baltic stocks set record high, no end in sight…
Feb 23, 2005 Baltics
Turnover on the 19 listings that are part of the index reached an impressive 96 million euros, 83 percent of which came on Hansapank, the Estonian branch of the Hansabank Group. The stock climbed ...Tags: Backdrop, Baltic News Service, Feb 2005, Investment Bank, Minority Shareholders, Riho, Stocks, Swedbank, Takeover Bid, Tallinn Stock Exchange, Trading Stock, Turnover
Thu, 23 Oct 2003: Baltic bourses: one for all, all for one?…
Oct 23, 2003 Baltics
Eurex has been formed out of the German and Swiss derivative exchanges, and Euronext now unites the Paris, Amsterdam, Brussels and Lisbon stock exchanges. The most recent, and the one closest to h...Tags: Baltic, Bourses, Brussels, Derivative Exchanges, Eurex, Euronext, European Stock, Full House, Helsinki, Hex, Knot, Lisbon, Markku, Om, Omhex, Pace, Riga Stock Exchange, Stock Exchanges, Stockholm, Tallinn Stock Exchange
Thu, 25 Sep 2003: Analyst: Baltic shares overpriced…
Sep 25, 2003 Baltics
"This is not to say that Merko is not a successful company – [it's just that] such share prices are unsustainable," said Oja. Only a few years ago Merko was trading at 10 kroons - 28 kroons per sh...Tags: Crash, Kroons, Lietuvos Telekomas, Merko, Share Price, Share Prices, Shares, Six Months, Stocks, Successful Company, Tallinn Stock Exchange, Telecommunication Company
Thu, 20 Mar 2003: Renewed activity in Tallinn…
Mar 20, 2003 Estonia
Ventspils Nafta and Latvijas Gaze were also down, 4 percent and 0.9 percent respectively.Equity trading on the Estonian market was brisk last week, with the Tallinn Stock Exchange posting its larg...Tags: Eesti Telekom, Equity Trading, Estonian Index, Gaze, Investors, Lasco, Losers, Stocks, Tallinn Stock Exchange, Three Months, Turnover, Ventspils Nafta, Vilnius