Corporates and tech prove a potent partnership with Rethink funding
Rethink,a not-for-profit that backs other charities, has proved remarkably successful since its launch in 2016
Rethink,a not-for-profit that backs other charities, has proved remarkably successful since its launch in 2016
Unfortunately, diversification isn’t what it used to be
Cash holdings hit a record high as billionaire investor dumps $76bn of stocks for $47.2bn gain
Strong corporate results lead US markets higher as investors assess Trump’s chances of a White House return
Valuation remains unchallenging while buyback and dividend convert to 6% yield for shareholders
A massive regional conflict could see oil prices spiking across the globe
Pretax profits rose by 158% last year to €1.73 billion, helped in part by rising interest rates
Even the strongest stocks don’t rise all the time
Bank also seen making major headway in coming years on using up remaining deferred tax assets used to minimise Revenue bill since crash
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Anything less than blowout earnings could cause a sell-off with one analyst warning of downside of up to 30%
Remuneration of $31m comes after boss pared back bank’s lossmaking push into retail banking
Bank of America fund manager survey suggests stocks may be vulnerable to any disappointments
Paul Coulson has handed the reins to new chair Herman Troskie, but Ardagh’s €10.7bn debt pile means he can’t sit back and take it easy just yet
Euronext Dublin was flat as the week drew to a close but other European markets gained
Lender expresses optimism about US economic outlook
Earnings are expected to have shrunk in last quarter of 2023 due to unpaid debts and impact of high interest rates
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
ECB will slowly cut rates, one cut per quarter, for remainder 2024 and into 2025 as euro zone economy heads for ‘soft landing’, says US bank’s head of Europe economics research
Bank of America has a €25 price target on Ryanair shares, which are trading at about €16.50 currently
Labour costs account for 76% of company costs, so strikes could lead to lower profit margins
Companies are beating estimates but warning of weak demand ahead
Current move towards cash looks more understandable, given rapidly rising interest rates
Wall Street’s fear index is showing little sign of overt concern about events in Middle East and Ukraine
Spreads on euro-denominated junk bonds rise to widest levels since 2016
Earnings growth trails rivals but lender buoyed by strong performance in investment banking and sales and trading
Investors keep eye on geopolitical tensions ahead of trip by US president Joe Biden to Israel
British medicines group and US rival Pfizer have both committed to selling down stakes over time to fund core pharma operations
Iseq index underperformed its peers, shedding 0.1%
Bank of Ireland hire is part of CEO of corporate and commercial banking Gavin Kelly’s overhaul of unit he took charge of in March
Risk appetite has increased but remains low despite strong gains of recent months
Moody’s cuts credit ratings of 10 small to midsized US banks, while Bank of Ireland, AIB and PTSB suffer losses
Signs are stocks are in a position to continue climbing the proverbial wall of worry
Crosswords & puzzles to keep you challenged and entertained
Full general election coverage including analysis and results for all 43 constituencies
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices