IPL Plastics IPO gives investors opportunity to step off rollercoasterShares priced at significant discount to level Dermot Desmond secured for stake last yearSat May 26 2018 - 05:50
Aryzta hits record low as profit warning stokes bank covenants fearsBaked goods group says annual earnings will be up to 12 per cent lower than forecastFri May 25 2018 - 05:30
Smurfit Kappa Dutch deal piles pressure on unwanted US suitorDeal comes as packaging giant faces pressure to enter tie-up talks with International PaperFri May 25 2018 - 05:00
Smurfit Kappa strikes €460m deal for ReparencoDutch paper and recycling business ‘will complement’ packaging giant’s operationsThu May 24 2018 - 18:14
INM shares surge amid Goodman stakebuildingINM’s editor-in-chief and Denis O’Brien’s last board nominee are to leave the businessThu May 24 2018 - 12:22
Fingleton challenges ex-regulator on lack of action on INBSCon Horan say he was advised that building society was ‘one of the more difficult’ lendersWed May 23 2018 - 14:22
‘Erroneous report’ triggered €1bn run on INBS, Walsh tells inquiryLender’s cash resources fell by €1 billion to €3 billion in September 2008Tue May 22 2018 - 16:03
Dublin-based IPL Plastics to float at value of up to €573mShareholders last week approved a share consolidation at former One51Tue May 22 2018 - 07:38
Ryanair lifts Iseq as global investors hail easing US-China trade wars threatEuropean markets were buoyed by a truce in the trade dispute between US and ChinaMon May 21 2018 - 19:04
INBS board ‘frustrated’ with executives before crashFormer chairman says he tried ‘time and time’ again to get regulator to ‘wake up’Mon May 21 2018 - 14:11
Irish property trust eschews hedge funds ahead of IPOYew Grove Reit targets long-term investors as it seeks to raise €100 millionMon May 21 2018 - 05:15
Japanese sell stake in property firm to Fyffes founding familySumitomo disposes of interest in Balmoral Holdings to brothers Carl and David McCannMon May 21 2018 - 04:35
Maltese private bank plans to set up Dublin officeSparkasse Bank Malta plans to recruit up to six initially for Irish operationMon May 21 2018 - 04:25
UrbanVolt delivers massive energy savings with LED lightingDublin-headquartered company hits target equivalent to the permanent switch-off of one million light bulbsMon May 21 2018 - 04:15
Greencore must convince investors it has drawn line under US woesMarket reads IP’s promise to offer sweeteners to woo Smurfit Kappa as act of desperationSat May 19 2018 - 06:00
Apple pays €1.5bn into escrow account in first tranche of tax billEuropean Commission ruled in 2016 that the State gave Apple €13bn in illegal tax aidFri May 18 2018 - 17:32
Barclays to sell on Lloyds’ Irish mortgages after €4.6bn dealLloyds said that it will have to absorb a £110m loss on the loan saleFri May 18 2018 - 17:20
Cashing in on the recovery of the property marketShareholders and executives reap rewards of recovery driven by property supply shortageFri May 18 2018 - 06:00
IPL Plastics sees most existing shareholders staying on after June IPOFloatation in Toronto expected to raise about €125m for the Dublin-based companyThu May 17 2018 - 14:26
KBC Ireland net profit drops 16% in first quarterIncrease in house prices frees up €43m in bad loan provisionsThu May 17 2018 - 07:59
AIB confirms Cerberus-led consortium to acquire €1.1bn loan portfolioAbout 70 per cent of loans in Project Redwood portfolio are five years in arrearsThu May 17 2018 - 07:27
Ulster Bank tells staff of plan to eliminate 54 branch postsMove comes on top of 200 job losses among staff addressing mortgage tracker scandalWed May 16 2018 - 18:12
International Paper ready to improve offer for Smurfit KappaIrish Takeover Panel sets three-week deadline for binding bid for cardboard box makerWed May 16 2018 - 10:52
PTSB pulls split-loans sale as talks with regulators continueAs investors show interest in Project Glas, €900m loans are classified as non-performingWed May 16 2018 - 07:21
Custom House liquidators pick Davy to manage initial assets returnInvestors will soon hear about transfer on foot of High Court rulingWed May 16 2018 - 04:54
Bermuda insurer Aspen to set up Irish unit as Brexit loomsInsurer currently has operation in Dublin that operates as branch of its UK unitTue May 15 2018 - 16:30
Regulators ‘not willing’ to sort INBS out over sale hopes, Neary says‘Disappointing’ that staff failed to spot governance issues until 2007, ex-regulator saysTue May 15 2018 - 14:35
Former regulator’s holidays keep him from attending INBS inquiryInquiry to consider what steps to take over Con Horan’s failure to appear as scheduledMon May 14 2018 - 13:40
Digicel’s bonds badly hit by market movesO’Brien probably rues not taking advantage of favourable market conditions in JanuarySat May 12 2018 - 05:03
Hedge funds hike Smurfit Kappa positions amid takeover deal hopesTwo US funds use derivatives accumulated combined 4.74 per cent interestSat May 12 2018 - 04:45
Cerberus said to lead race for AIB bad-loans portfolioA preferred bidder may be selected as early as next week for the so-called Project Redwood portfolioSat May 12 2018 - 04:33
European stocks lifted by deals but Iseq dropsRyanair falls as talks with Spanish pilots’ union falterFri May 11 2018 - 20:32
Citigroup’s EU bank in Dublin profits drop 30% in 2017Reduction in profits partly result of rise in Citibank Europe loan impairment lossesFri May 11 2018 - 05:07
Digicel moves to ease concerns as Chinese partner halts operationsShenzhen-based ZTE was hired to upgrade Digicel network but US sanctions have hit itFri May 11 2018 - 05:01
Top IDA executive lined up to chair new Irish property ReitIrish real-estate investment trust is preparing to float in Dublin and London this monthFri May 11 2018 - 04:57
Ulster Bank puts €1.6bn in defaulted mortgages on marketRegulators and Oireachtas committee members clash over attitude of vulture fundsThu May 10 2018 - 16:00
NTMA reaches 80% of minimum 2018 bond sales targetBonds due in 2022 carry yield of 0.02%Thu May 10 2018 - 11:22
Central Bank sees ‘no evidence’ vulture funds more aggressive than banksBank to pay €2.1bn dividend to the exchequer after its profits grew in 2017Wed May 09 2018 - 19:57
Goldman Sachs had concerns over INBS information, inquiry toldWall Street firm was hired to manage abortive sale of building society before crashWed May 09 2018 - 19:43
Lawyers and accountants share €284m SPV fees at IFSCGrowing use of tax-efficient special purpose vehicles by Russian groups in sharp focusWed May 09 2018 - 04:15
Bank of America to move senior figures to new EU hub in IrelandFive executives to move from London, along with 125 other relocations linked to BrexitTue May 08 2018 - 20:34
Central Bank focused on ‘reactive supervision’, INBS inquiry hearsRegulators imposed ‘quite stringent’ requirements at INBS before financial crisisTue May 08 2018 - 15:43
Bank of Ireland expects mobile mortgages of €325m this yearCompetition forces banks to visit potential customers in their workplaces and homesMon May 07 2018 - 05:50
Dilosk-backer close to buying Irish covered bonds bankDeal may ultimately open new funding avenue for buy-to-let lender DiloskSat May 05 2018 - 06:02
Desmond-backed Rietumu’s auditors highlight risks amid Latvian clampdownAuditors focus on bank’s provision against €80 million French court fine last yearSat May 05 2018 - 05:55
Market Beat: Investors have rightly learned to fear results day at Paddy Power BetfairMarket value of group has fallen about 45 per cent since 2016 mergerSat May 05 2018 - 05:44
Smurfit Kappa sees ‘material’ earnings rise after early surgePackaging group says results helped by €17 million drop year-on-year in price of fibreFri May 04 2018 - 07:17
Bank of Ireland to exclude most managers from pay riseChief executive to outline five-year targets in June along with plan to cut costs furtherFri May 04 2018 - 05:15
Mainstream sells Scottish project to France’s EDF for over €600mDeal will pave the way for a grey market to commence for shares in green energy groupFri May 04 2018 - 05:05
Smurfit Kappa’s unwanted suitor signals limited patienceInternational Paper ready to walk away by end of July if advances continue to be resistedThu May 03 2018 - 17:41
