Tírlan urged to seek expert advice on Glanbia holding
Dairy co-op under pressure from shareholders over fall in value of Glanbia stake
Dairy co-op under pressure from shareholders over fall in value of Glanbia stake
More than €2bn has been wiped off value of food group in past 10 months, and activist investors are now agitating
Kilkenny-based nutritional group has lost the confidence of some investors
Pan-European STOXX 600 index closes 0.3% higher
Activist investor calls for strategic review of ‘overly complex’ business
Tirlán said it paid more than €1.5 billion to its farmer owners for milk and grain as pretax profit dips 15% on exceptional charge
Clearway Capital’s move follows 43% share price slump in past year
Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders
Iseq Overall Index down around 4% as shares banks, food groups and homebuilders drop
US president Donald Trump is expected to unveil details of new tariffs on European goods on Wednesday
Nutrition group has been caught out by the scale and speed of rising prices for whey protein which is key for its Optimum Nutrition brand
Glanbia's once-popular weight-loss product has fallen out of favour with consumers
Reorganisation of finance, HR and IT roles will involve a mix of voluntary and compulsory redundancies, with some activities outsourced to third parties
FTSE 100 hits new highs as other indices close out a strong week for equities
Iseq closes slightly up with food companies rising
Nothing says ‘America first’ quite like Boeing aeroplanes, and Ryanair is one of the US aircraft maker’s best customers
Persistent inflationary pressures also a cause for concern
Mixed day for Irish banks as Ryanair slips slightly
Farmers who backed the big risks taken by Brosnan and his successors will get an average of €120,000 each
Pan-European STOXX 600 jumps 1.2%, best daily performance in two months
Iseq follows peers as food sector heavy hitters retreat
S&P 500 on track for 50th record this year as gauge extends weekly gain to 4.5%
Interest rate cuts in both the US and Britain are the focus for a session where only the FTSE 100 dipped
Group revenue rose 6% in first nine months of 2024 as company reiterates full-year guidance
Dublin’s Iseq finished up 2.25% while FTSE rebounds
Wall Street tumbles after warnings from Microsoft and Meta Platforms about escalating AI costs
Irish food groups retreat while Dalata finishes flat
Homebuilders rise but banks have mixed day
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