Quinn pulls out of Moody's ratingINSURANCE TYCOON Seán Quinn has pulled out of his company’s credit rating contract with Moody’s, stating that current market …Tue Jul 08 2008 - 01:00
Irish Life Permanent sheds 9.9% as Moody's lowers outlook to negativeSHARES IN Irish Life Permanent (ILP) shed almost 10 per cent on yet another difficult day for financial stocks on the Dublin …Tue Jul 08 2008 - 01:00
ESRI forecast increased market volatility - ILPIRISH LIFE Permanent (ILP) - whose share price has dropped more than 29 per cent in the past 10 days - has said a forecast of…Wed Jul 02 2008 - 01:00
Cross-media ownership curbs may face serious legal hurdleTHE GOVERNMENT has been told by an advisory group that it may have to set out statutory definitions of media ownership if it …Tue Jul 01 2008 - 01:00
Improved postal service depends on open market, says ComRegCOMREG, THE communications regulator, has said the development of innovation in the postal service and the provision of better…Mon Jun 30 2008 - 01:00
IDA warned of Northern competitionIDA IRELAND warned the Government of the potential for increased competition from the North for inward investment when a plan…Mon Jun 30 2008 - 01:00
Forfás recommends 2% annual inflation targetFORFÁS, THE national advisory board for enterprise and trade, has called on the Government and the social partners to boost the…Mon Jun 30 2008 - 01:00
Greencore likely to reconsider use of PwCGREENCORE IS likely to review its long-standing relationship with external auditor PricewaterhouseCoopers (PwC) in light of the…Fri Jun 27 2008 - 01:00
West Link sell-off helps boost NTR profitsUTILITY COMPANY NTR has booked a profit of €830Fri Jun 27 2008 - 01:00
Taro files lawsuit against Sun Pharma over behaviour in Roscrea plant saleAN ISRAELI pharmaceutical firm has taken legal action against a rejected Indian suitor which is trying to block the sale of a…Thu Jun 26 2008 - 01:00
Ernst Young merges all Irish unitsACCOUNTING GROUP Ernst Young has formed an all-Ireland practice through the merger of its units in the Republic and the North…Wed Jun 25 2008 - 01:00
Pioneer fund chief calls for top-tier finance academyTHE CHIEF of the largest fund management firm in Ireland, Pioneer Investment Management, has called on the Government to proceed…Tue Jun 24 2008 - 01:00
Babcock fund chief rules out disposal of EircomINVESTMENT FUND Babcock Brown Capital (BCM) has said it would be happy to retain ownership of Eircom for at least five years, …Sat Jun 21 2008 - 01:00
Capital idea manTHE FRIDAY INTERVIEW/Gary McCarthy, managing director of Collins Stewart, Dublin: GARY McCARTHY exudes self-confidence as he…Fri Jun 20 2008 - 01:00
€520,000 in 'termination pay' for former stock exchange chiefTHE FORMER chief executive of the Irish Stock Exchange, Tom Healy, received "termination payments" of €520,000 when he retired…Fri Jun 20 2008 - 01:00
Aldi's sale of 11 buildings raises €76m for expansionGERMAN-OWNED DISCOUNT supermarket chain Aldi has raised more than €76 million to fund its ongoing expansion by selling 11 of …Fri Jun 20 2008 - 01:00
Exxon-Mobil dismisses sale of Irish stationsESSO OWNER Exxon-Mobil has dismissed speculation in the motor fuel sector that the sale of its forecourt network in the US will…Wed Jun 18 2008 - 01:00
Green Property to expand portfolioGREEN PROPERTY is planning to defy the real estate downturn by making additions to its €1 billion-plus portfolio with the acquisition…Wed Jun 18 2008 - 01:00
Eircom owner to review share buyback schemeAUSTRALIAN INVESTMENT fund Babcock Brown Capital (BCM), Eircom's immediate owner, will review its share buyback programme this…Tue Jun 17 2008 - 01:00
'Racing Post' on track for £1.51m profit after taxTHE IRISH private equity company that bought out the Racing Post newspaper for £170 million (€215Tue Jun 17 2008 - 01:00
Cowen advised to take neutral stanceBRIAN COWEN was advised when he was tánaiste to adopt a "neutral" stance on plans by Eircom's Australian owners to separate its…Sat Jun 14 2008 - 01:00
Babcock's share price tumbles amid debt reviewEIRCOM'S IMMEDIATE owner, Babcock Brown Capital (BCM), saw its share price drop 14 per cent as its ultimate parent battled a …Sat Jun 14 2008 - 01:00
Babcock Brown shares plunge 28% in one dayTHE AUSTRALIAN investment bank that ultimately controls Eircom is facing a review of A$2.8 billion (€1Fri Jun 13 2008 - 01:00
Latest round in struggle for control goes to O'ReillyANALYSIS: Despite a fractious agm, Denis O'Brien seems determined to maintain his siege of INMThu Jun 12 2008 - 01:00
O'Reilly defends 'unique cocktail' of INM boardINDEPENDENT NEWS Media (INM) chief Sir Anthony O'Reilly has mounted a staunch defence of his 19 co-directors in the company in…Thu Jun 12 2008 - 01:00
Danon hangs up on telecom roleANALYSIS: Pierre Danon leaves Eircom as its owners grapple with serious questions over its strategic directionWed Jun 11 2008 - 01:00
Babcock and Brown search for new Eircom chairmanAUSTRALIAN INVESTMENT fund Babcock Brown Capital is on the hunt for a new chairman at Eircom after the unexpected resignation…Wed Jun 11 2008 - 01:00
O'Brien renews attack on board ahead of meetingINM AGM: BUSINESSMAN DENIS O'Brien has set the tone for a likely confrontation with Independent News Media (INM) at its agm …Wed Jun 11 2008 - 01:00
Freaney merges with London firmDUBLIN ACCOUNTANCY firm Oliver Freaney, best known for its work for Dunnes Stores, has merged with London firm Smith Williamson…Wed Jun 11 2008 - 01:00
Down but not outMERGERS & ACQUISITIONS: UNDETERRED BY the credit crunch and the economic downturn, Irish deal-makers have demonstrated a…Fri Jun 06 2008 - 01:00
Emerging bond seeks €10mDUBLIN-BASED investment firm Fearon Duggan Capital Partners is seeking to raise €10 million for a bond product linked to emerging…Fri Jun 06 2008 - 01:00
INM releases Harvard study ahead of O'Brien reportINDEPENDENT NEWS Media (INM) has moved in advance of a new governance report from “dissident” investor Denis O’Brien to publish…Thu Jun 05 2008 - 01:00
Roches to gain €118m in NTR liquidity eventNTR CHAIRMAN Tom Roche and his family are poised to receive some €118 million from a €275 million liquidity event at the company…Wed Jun 04 2008 - 01:00
BCI to review radio licences held by Denis O'BrienTHE BROADCASTING Commission of Ireland (BCI) has initiated a review of the radio licences held by businessman Denis O’Brien in…Wed Jun 04 2008 - 01:00
Heavy falls for Irish banks in LondonIRISH FINANCIAL stocks are likely to open weaker this morning following a sharp deterioration in their valuation in the London…Tue Jun 03 2008 - 01:00
BCI to review O'Brien radio licences as press stake risesTHE BROADCASTING regulator plans to review the radio licences held by billionaire businessman Denis O'Brien, after he increased…Sat May 31 2008 - 01:00
Babcock apologises over poor showing of fundsTHE AUSTRALIAN investment bank that orchestrated the takeover of Eircom in 2006 by one of several listed investment funds that…Sat May 31 2008 - 01:00
Flavin departure 'brings closure' - SomersIRISH STOCK Exchange (ISE) chief executive Deirdre Somers has welcomed the departure of Jim Flavin from DCC to the extent that…Fri May 30 2008 - 01:00
Findings on Fyffes deal could take a year - ApplebyCORPORATE LAW enforcer Paul Appleby has indicated that any disqualification proceedings against people involved in DCC's illegal…Thu May 29 2008 - 01:00
Corporate enforcement director reports rise in liquidationsTHE DIRECTOR of Corporate Enforcement Paul Appleby has reported a rise in the number of insolvent companies going into liquidation…Thu May 29 2008 - 01:00
Flavin steps down as DCC chairman after legal moveDCC FOUNDER Jim Flavin has resigned as its executive chairman following a new legal manoeuvre against the company by the official…Wed May 28 2008 - 01:00
FOI call to release crystal firm files refusedTHE GOVERNMENT has refused, on grounds of commercial sensitivity, to release any records relating to its examination of a request…Tue May 27 2008 - 01:00
O'Brien buys €27.66m of IN&M stockDENIS O'BRIEN has returned to the market for shares in Independent News & Media (IN&M), escalating his confrontation …Tue May 27 2008 - 01:00
DCC board to discuss IAIM's statement on FlavinTHE BOARD of DCC is likely to discuss next week a statement from the Irish Association of Investment Managers (IAIM) that the…Sat May 24 2008 - 01:00
DCC faces mounting pressure for Flavin to step downTHE BOARD of DCC is coming under mounting pressure to withdraw its support for the firm's executive chairman Jim Flavin after…Fri May 23 2008 - 01:00
Power City dividend hits €1.8mTHE OWNERS of electrical retail chain Power City, famous for its brash advertisements, have increased their annual dividend by…Thu May 22 2008 - 01:00
Investment managers to review DCC board backing for FlavinTHE IRISH Association of Investment Managers (IAIM) will "consider as a matter of urgency" a statement in which the board of …Wed May 21 2008 - 01:00
Investment managers to consider DCC statementDCC EXECUTIVE chairman Jim Flavin will learn within days whether his board's staunch defence of his continuation in office has…Wed May 21 2008 - 01:00