Markets nudge upwards ahead of Fed rate cut announcement
On Iseq Dalata shares rise as do those of housebuilder Glenveagh
On Iseq Dalata shares rise as do those of housebuilder Glenveagh
Fed to deliver verdict on Wednesday with Bank of England the following day
Inaugural chairman of Forfás held directorships with a number of major Irish groups right up until his death on Saturday
Mixed day for banks and building firms on Irish market
Stoxx Europe 600 Index climbed 0.6% with auto stocks gaining the most after EU voted to impose tariffs on EVs from China
Expectations of a hefty rate cut in Washington growing while Bank of England is expected to hold fire following last month’s cut
European stocks were flat after latest US jobless claims data helped ease concerns of slowdown
Financials and tech stocks worst hit as indices show a sea of red
The median chief executive compensation packag was €2 million last year.
Kerry and Glanbia were both higher by the end of the day, adding 0.33 per cent and 0.16 per cent respectively
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
The banks were among the biggest losers in Dublin as investors eyed expected ECB rate cut later this week
Bank of England becomes latest to signal ease in borrowing charges
Revenue at Irish Continental Group up 8.3% in first four months of 2024
Proxy adviser ISS urges shareholders to reject company’s remuneration report at forthcoming agm
Oil prices briefly rose above $89 a barrel for the first time since October, which led to falling stocks in the travel sector
Irish Continental Group chief executive Eamonn Rothwell receives €1m in share payments and another €1.5m in options at current values
Wall Street subdued after hotter-than-expected producer prices report dampens speculation of imminent interest rate cuts
Dublin market up slightly with shares of Kerry Group advancing 2 per cent
There was very little on the upside among companies listed on the Irish Stock Exchange on Thursday
Cargo volumes at transport and sea freight hub fall amid ‘cautious’ economic sentiment
Weak Chinese demand led to a fall in container volumes, says Irish Continental Group
European markets down as US indicates further borrowing charge increases
Lagarde comments on enduring inflation tempers mood
US President Joe Biden looked set to continue talks with congressional leaders on raising the country’s debt limit later this week
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The Iseq gave back 1 per cent, dragged lower by tourism and building materials stocks
Softer jobless claims figures on Thursday set the stage for Friday’s monthly jobs report
Irish Continental Group introduced the new Dover-Calais service in June 2021 and enjoyed a bounce from lifting of travel restrictions
Slowing economy makes companies wary of expansion but they have excess cash after post-Covid recovery in profits
Ferry giant’s biggest shareholder Eamonn Rothwell is 67; speculation is growing that looking to monetise his life’s work may be part of his plan
Irish Ferries’ parent reports 85% sales surge over first six months and that trend continued through summer
ICG reports 80% rise in revenue to €161m for first four months of 2022
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