Irish bonds rally on expectation of bailoutMARKETS: THE VALUE of Irish bonds rose yesterday despite an announcement early in the day that London clearing house LCH Clearnet…Thu Nov 18 2010 - 00:00
Bailout a positive move, says economistA BAILOUT for Ireland would be a positive move for the country, economist Jim Power said yesterdayThu Nov 18 2010 - 00:00
Irish bonds fall ahead of euro zone meetingTHE MARKETS: THE VALUE of Irish government debt fell in a day of feverish speculation on the financial markets ahead of last…Wed Nov 17 2010 - 00:00
Iseq slides as confusion over bailout stalls tradeDUBLIN REPORT: Iseq: 2,651.80 (-45.25) Settlement date: November 19thWed Nov 17 2010 - 00:00
Bailout would be 'positive move'A bailout for Ireland would be a positive move for the country, economist Jim Power said today.Wed Nov 17 2010 - 00:00
€43m writedown at P ElliottCAVAN-BASED construction company P Elliott Co took a writedown of €43 million in property impairment and provisions against related…Tue Nov 16 2010 - 00:00
Pressure eases slightly on IrelandMARKETS: THE PRESSURE on Irish government bonds eased somewhat yesterday, as the yields on 10-year Irish debt fell throughout…Tue Nov 16 2010 - 00:00
Building empire's exponential expansion fuelled by huge debtsBACKGROUND: THE APPOINTMENT of a receiver to Michael McNamara Co, the linchpin of Bernard McNamara’s property empire, has once…Sat Nov 13 2010 - 00:00
Rise in value of Irish bonds welcomed by LenihanAFTER 14 consecutive days of falls, Irish bond values rose yesterday as an announcement by EU leaders that plans for burden-sharing…Sat Nov 13 2010 - 00:00
Glanbia posts strong quarterGLANBIA REITERATED its outlook for 2010 yesterday as the company reported a strong second half performance, boosted by improved…Sat Nov 13 2010 - 00:00
Savvy investors find safe haven in cashFUND FOCUS: CASH: Best performer 5 Yrs: Acorn Life Deposit Series 2 +15.5%Fri Nov 12 2010 - 00:00
Profits at O'Neills sportswear fall by one-thirdPROFITS AT O’Neills sportswear fell by a third last year, according to accounts recently filed at the Companies Registration …Fri Nov 12 2010 - 00:00
LVA pension scheme for bar staff to be wound upTHE LICENSED Vintners Association’s pension scheme for bar staff is being wound up.Fri Nov 12 2010 - 00:00
Investor concern hits Irish banks as funding costs soarINVESTOR CONCERN switched to the Irish banks yesterday as the cost of funding for AIB and Bank of Ireland rose to record levels…Fri Nov 12 2010 - 00:00
Holidaymakers charged double for US hotel roomsA NUMBER of Irish holidaymakers have been double-charged for hotel rooms in the US following the collapse of Dublin-based wholesale…Thu Nov 11 2010 - 00:00
Bank guarantee scheme extended to next JuneTHE GOVERNMENT is to extend the bank guarantee scheme to the end of June next year, The Irish Times has learnedWed Nov 10 2010 - 00:00
AIB to pay up to €10m in backdated employee bonusesAIB IS to pay up to €10 million in backdated bonuses to approximately 90 employees following a High Court ruling last week.Wed Nov 10 2010 - 00:00
Loan survey reveals firms at high riskJUST UNDER 60 per cent of the value of all secured commercial loans to Irish businesses are held by companies deemed to be at…Tue Nov 09 2010 - 00:00
Lenihan to meet Rehn on detail of four-year budget planTHE EUROPEAN Commission has backed the outline economic plan published by the Government this week, but is set to seek further…Sat Nov 06 2010 - 00:00
Bondholders take legal action against Irish NationwideTWO HOLDERS of Irish Nationwide subordinated debt have issued legal proceedings against the building society and the trustee …Sat Nov 06 2010 - 00:00
Cowen says four-year plan in place by middle of monthTAOISEACH BRIAN Cowen said yesterday the Government intended to have its four-year budget plans in place by around mid-November…Sat Nov 06 2010 - 00:00
Kerry Group issues upbeat trading statementKERRY GROUP brushed off the potential impact of currency movements and rising input prices on profits yesterday, issuing an upbeat…Fri Nov 05 2010 - 00:00
Diverse results from diverse portfoliosFUND FOCUS/AMERICAN EQUITY: Best performer five-year: VAM Funds US Micro Cap Growth Fund +12Fri Nov 05 2010 - 00:00
Bond markets to pass judgment today on four-year budget planMARKETS: ATTENTION WILL focus on bond markets today, following yesterday’s publication of the Government’s four-year budgetary…Fri Nov 05 2010 - 00:00
Lenihan tells conference trade surplus is 'key positive' for Irish economyIRELAND IS running a trade surplus which is a “key positive” for the Irish economy, Minister for Finance Brian Lenihan told delegates…Thu Nov 04 2010 - 00:00
CRH drives bullish equity marketWhile it was another dismal day on the bond markets, the performance of equity markets brought some respite to investors.Thu Nov 04 2010 - 00:00
Kerry upbeat over full-year targetsKerry Group brushed off the potential impact of currency movements and rising input prices on profits today, issuing an upbeat…Thu Nov 04 2010 - 00:00
Banks feel the pressure from bond marketsDUBLIN REPORT: Iseq: 2,694.24 (+16.42) Settlement Date: November 5th DUBLIN’S ISEQ finished up 0Wed Nov 03 2010 - 00:00
INM on track with profit predictionsINDEPENDENT NEWS & Media yesterday reaffirmed its guidance for the year, predicting a 2010 operating profit of between €220…Wed Nov 03 2010 - 00:00
Oglesby & Butler shareholders to vote on proposed takeover bidSHAREHOLDERS IN Carlow-based engineering company and tool-maker Oglesby & Butler will vote on a proposed takeover bid for…Wed Nov 03 2010 - 00:00
Dublin-based Chase Travel firm closesDUBLIN-BASED travel wholesaler Chase Travel has ceased tradingTue Nov 02 2010 - 00:00
Ryanair rise in profits fails to lift share valuesDUBLIN REPORT: Iseq: 2,677.82 (–6.43) Settlement date: November 4thTue Nov 02 2010 - 00:00
Adverse currency movements will undermine exports - IbecIRISH EXPORTERS face a challenging 2011 due to changes in currency movements, according to employers’ group Ibec.Mon Nov 01 2010 - 00:00
Finalists announced for enterprise awardsA SHANNON-BASED company which manufactures and exports sports nutrition supplements, and a supplier of dry ice products to pharmaceutical…Mon Nov 01 2010 - 00:00
€12.7m property writedown pushes Rohan parent Airspace €9m into redA €12.7 MILLION property writedown pushed Airspace Investments Limited, the company behind the well-known Rohan construction …Mon Nov 01 2010 - 00:00
O2 chief Gray to step down after nine yearsONE OF Ireland’s best known businesswomen is to step down from her position as head of 02 Ireland next month.Tue Oct 19 2010 - 01:00
Quiet day as traders await release of US informationDUBLIN REPORT: Iseq: 2,709.45 (-13Wed Oct 13 2010 - 01:00
Smart economy plan needs more details, says Eircom chiefEIRCOM CHIEF executive Paul Donovan yesterday called on the Government to deliver “more tangible” and “more ambitious” objectives…Wed Oct 13 2010 - 01:00
Lenihan reaffirms bondholder stanceThe Minister for Finance has reiterated his position in relation to the repayment of the senior and subordinated debt of Irish…Thu Oct 07 2010 - 01:00
AIB announces M&T share pricingAIB has said it expects the sale of its stake in M&T to raise approximately $2.0 billion (€1Thu Oct 07 2010 - 01:00
Bank revises forecast downwardsBank of Ireland has revised downwards its expectation for economic growth for 2010, estimating that GDP will rise by 0Thu Oct 07 2010 - 01:00
Aer Lingus passenger numbers fallPassenger numbers at Aer Lingus fell by 3.4 per cent last month compared to the same period last year.Thu Oct 07 2010 - 01:00
Cavan dairy co-op opens €20m drying facilityLAKELAND DAIRIES chief executive Michael Hanley expects a new drying facility to pay for itself within 2½ years.Tue Oct 05 2010 - 01:00
Itsa Bagel sandwich chain in black againITSA BAGEL, the Dublin-based sandwich chain, restaurant operator and catering company, returned to the black last year, posting…Sat Oct 02 2010 - 01:00
US firm considers EBS changesEBS BUILDING Society declined to comment last night on reports that US private equity firm WL Ross will install former US housing…Sat Oct 02 2010 - 01:00
No more capital needed for Bank of IrelandFUNDING: BANK OF Ireland provided a small silver lining amid yesterday’s doom and gloom, with the announcement by the Minister…Fri Oct 01 2010 - 01:00
