Betting levy would oblige punters to hand over 2% of profits on winningsPUNTERS WOULD have to hand over 2 per cent of their profits on any winning bets to the State under a measure that is being considered…Fri Sept 24 2010 - 01:00
Gaelectric raises €14m for US projectsGREEN ENERGY group Gaelectric has raised almost €14 million to fund the development of part of its US operations.Fri Sept 24 2010 - 01:00
Small gain for Iseq on quiet dayWhile better than expected news from the US lifted its European peers, underperforming banks and generally quiet trade meant …Fri Sept 24 2010 - 01:00
Permission sought for geothermal plantAN IRISH energy company is seeking planning permission for the country’s first facility for generating electricity from heat …Thu Sept 23 2010 - 01:00
Average bond interest rate to stay the same as last yearTAXPAYERS WILL pay an average of 4Thu Sept 23 2010 - 01:00
Bord Gáis critical of older power stationsBUSINESSES AND consumers are paying too much for electricity because there are too many ageing and inefficient power plants operating…Wed Sept 22 2010 - 01:00
Deriving forceTHE FRIDAY INTERVIEW/BRIAN CONLON Chief executive First Derivatives: FIRST DERIVATIVES chief executive Brian Conlon is looking…Fri Sept 17 2010 - 01:00
Eirgrid says wind farms need extra €6bn to meet EU targetsA FURTHER €6 billion will have to be spent on building new wind farms in the Republic between now and 2020 if it is to meet EU…Thu Sept 16 2010 - 01:00
Iseq drops on quiet day of tradingThe Dublin market slid back on what traders called a quiet day as European stocks generally fell back as more economic data pointed…Thu Sept 16 2010 - 01:00
ESB agrees loan deal to fund NI takeoverSTATE ENERGY company, the ESB is borrowing €2Thu Sept 16 2010 - 01:00
Gaelectric wins permission for €22m wind farm in TyroneENERGY GROUP Gaelectric has been given the green light for a €22 million wind farm project in Co Tyrone.Tue Sept 14 2010 - 01:00
Building decline appears to be slowingBUILDERS CONTINUED to feel the squeeze last month as the three-year decline in their industry continued, the latest figures show…Mon Sept 13 2010 - 01:00
McInerney backer offers banks €60mA PRIVATE equity firm behind the proposed rescue of housebuilder McInerney has asked its banks to accept repayment of €60 million…Sat Sept 11 2010 - 01:00
Kenmare expects bigger base of shareholders on joining indexMINING GROUP Kenmare Resources expects to recruit more institutions as shareholders – with obvious implications for its share…Fri Sept 10 2010 - 01:00
Petroneft field at 1,500 barrels a dayEXPLORATION GROUP Petroneft is producing 1,500 barrels of oil a day from one of its fields in Russia, the Dublin-listed company…Fri Sept 10 2010 - 01:00
Banks in control of McInerney subsidiaryTHE BANKS have taken control of a McInerney Homes subsidiary that is not under the High Court’s protection from its creditors…Wed Sept 08 2010 - 01:00
Debt fears and weaker CRH help Iseq shed almost 1%DUBLIN REPORT: Iseq: 2,782.64 (–24.47) Settlement date: September 10thWed Sept 08 2010 - 01:00
Iseq moves up marginally in quiet trading sessionDUBLIN REPORT: Iseq: 2,807.11 (+7.21) Settlement date: September 9thTue Sept 07 2010 - 01:00
Ely group refinances its €18m debtELY PROPERTY, the student accommodation specialist that was bought out of the defunct Newcourt group before it was wound up last…Fri Sept 03 2010 - 01:00
Electricity costs for industries to riseINDUSTRIES FACE a second potential hike in their energy costs from next month as the State plans to reduce credits allowed to…Thu Sept 02 2010 - 01:00
Grafton sees profit growth on back of sales in BritainPROFIT GROWTH returned to Grafton, the builders’ merchant and owner of Woodies and Atlantic Homecare DIY chains, in the first…Wed Sept 01 2010 - 01:00
Operating profits at IFG down 90% in first six monthsOPERATING PROFITS at financial services group IFG fell by more than 90 per cent in the first six months of the year to €300,000…Wed Sept 01 2010 - 01:00
Builders McInerney record first-half loss of almost €17mMcINERNEY, the house building group that last week sought court protection from its creditors, lost almost €17 million in the…Wed Sept 01 2010 - 01:00
REO stops paying interest due to creditorsTREASURY Holdings-backed property group Real Estate Opportunities (REO) will not pay interest due to a group of its creditors…Fri Aug 27 2010 - 01:00
Court grants McInerney protection from creditorsTHE HIGH Court yesterday gave troubled builder McInerney Homes protection from its creditors in the first case of its kind to…Fri Aug 27 2010 - 01:00
World Cup takings boosted profits for Paddy PowerWINNINGS OF more than €11 million from World Cup betting and contributions from the Australian businesses it bought last year…Thu Aug 26 2010 - 01:00
CRH warns this year's earnings will fall 10%INTERNATIONAL BUILDING materials group CRH warned yesterday that this year’s earnings would fall 10 per cent short of 2009 as…Wed Aug 25 2010 - 01:00
Building materials giant blames weaker demand in US for 77% fall in profitsANALYSIS: CRH’S OWN stockbroker, Irish firm Davy, yesterday suggested a loss of market share as one possible reason for what…Wed Aug 25 2010 - 01:00
Irish Life in dispute with developer over €170m dealIRISH LIFE is in dispute with a Luxembourg developer over a €170 million property deal that the pensions and investment group…Tue Aug 24 2010 - 01:00
Profits at Kingspan up for the first time since 2007PROFITS AT insulation and building materials specialist Kingspan increased for the first time since 2007 in the opening six months…Tue Aug 24 2010 - 01:00
Nama asks bank chiefs to step up their effortsSTATE TOXIC assets agency Nama has written to bank chief executives asking them to step up their efforts in providing it with…Mon Aug 23 2010 - 01:00
Recycling agency now profitable export businessTHE ORGANISATION set up five years ago to collect and recycle the Republic’s old TVs and washing machines is now a profitable…Mon Aug 23 2010 - 01:00
Founder of Stira stairs dies on holidayMICHAEL BURKE, the founder and managing director of the successful Stira attic stairs business in Galway, passed away this week…Sat Aug 21 2010 - 01:00
CRH deadline for bids on firms passesTHE DEADLINE for bids for building materials group CRH’s European insulation businesses passed yesterday.Sat Aug 21 2010 - 01:00
€50m pharmacy takeover bid not going aheadA €50 MILLION takeover deal involving one of the State’s biggest pharmacy chains is not going ahead after a dispute forced the…Fri Aug 20 2010 - 01:00
Insurance group to stop indemnifying UK solicitorsQUINN INSURANCE intends to stop providing professional indemnity cover to solicitors in England and Wales from next October.Fri Aug 20 2010 - 01:00
Profits at Sam McCauley chemists grow 45% to €7.5mOPERATING PROFITS at independent pharmacy chain, Sam McCauley chemists, grew 45 per cent to €7Thu Aug 19 2010 - 01:00
Richardson step downs from role at BoylesportsRECENTLY appointed Boylesports chief executive Lee Richardson is leaving the Irish bookmaking chain for family reasons.Wed Aug 18 2010 - 01:00
Amarin appoints new chief executiveBIOPHARMACEUTICAL group Amarin has appointed Colin W Stewart as chief executive officer, president and board member, the company…Wed Aug 18 2010 - 01:00
ESB unions sign off on three-year pay freezeESB WORKERS will today formally agree to a pay freeze as part of a deal aimed at tackling the State-owned energy company’s €2…Tue Aug 17 2010 - 01:00
Premier Hotels in dispute over VAT bill for €230,000PREMIER HOTELS, which was placed in liquidation last week, is in dispute with the Revenue Commissioners over a €230,000 VAT bill…Tue Aug 17 2010 - 01:00
Online games developer Cryptologic to cut jobs after losing $16m and chief executiveONLINE CASINO games developer Cryptologic plans to cut part of its 200-strong workforce following poor second quarter results…Sat Aug 14 2010 - 01:00
Element Six lost €36m last yearDE BEERS-BACKED industrial diamond manufacturer Element Six lost $36 million last year while its parent was forced to guarantee…Thu Aug 12 2010 - 01:00
Smurfit Kappa sales increase by 7% to €3.2bnPAPER AND packaging specialist Smurfit Kappa Group’s (SKG) operations earned profits of €206 million in the first six months …Thu Aug 12 2010 - 01:00
Firms get payout from electricity levyTWO PRIVATE companies backed by multinationals will share a €14 million payout from the €157 million public service charge that…Wed Aug 11 2010 - 01:00
US equity giant to take stake in McInerneyUS PRIVATE equity giant Oaktree Capital is close to taking a stake in troubled house builder McInerney, which has been wrestling…Tue Aug 10 2010 - 01:00
