Digicel may raise $2.5bn for US flotationDenis O'Brien has stepped up his efforts to court the US media with an interview in Time magazine which suggests that he may …Wed Nov 15 2006 - 00:00
State gets close to buying West-Link toll bridgeThe Government's negotiations to buy the West-Link toll bridge in Dublin from the private company which operates it are believed…Wed Nov 15 2006 - 00:00
Babcock settles insider dealing actionBabcock & Brown has settled an action in Australia alleging insider trading against Robert Topfer, the director who orchestrated…Tue Nov 14 2006 - 00:00
Hotel restoration bill climbs to €90mRefurbishment costs at the Shelbourne Hotel have climbed to some €90 million, exceeding the original budget for the restoration…Fri Nov 10 2006 - 00:00
Cuda calls for credit union safeguardThe Government should include credit unions in the statutory scheme that compensates depositors if banks or building societies…Thu Nov 09 2006 - 00:00
Smurfit joins board of 'well-being' groupDr Michael Smurfit has joined the advisory board of a new US-based group which aims to advance health and happiness worldwide…Thu Nov 09 2006 - 00:00
B&Q's Irish unit suffers 48% drop in profitsBritish-owned home improvement and DIY chain B&Q has reported a collapse in profits at its Irish unit in spite of strong …Thu Nov 09 2006 - 00:00
M&S to add 10 new Irish stores over three yearsMarks & Spencer is primed for a fresh attack on the Irish market, with the addition of 10 new stores in the next three years…Wed Nov 08 2006 - 00:00
Profits take a tumble at top Donegal retailerDonegal draper John McElhinney has reported a drop of more than 40 per cent to €554,371 in operating profits at his Ballybofey…Tue Nov 07 2006 - 00:00
Lagan to sell off quarry, asphalt businessThe Belfast-based Lagan Group, one of the biggest privately-held businesses in the North, has moved to sell off its quarrying…Tue Nov 07 2006 - 00:00
O'Flaherty Holdings buys digital firm C3Volkswagen franchise owner O'Flaherty Holdings, one of the biggest privately-held businesses in the State, has moved into the…Sat Nov 04 2006 - 00:00
Eagle Star may sell stake in broker serviceLife assurer Eagle Star indicated in private that it plans to cease its involvement in Assurelink, an industry-owned company …Sat Nov 04 2006 - 00:00
$526m pretax profits by Merrill Lynch Irish armA massive uplift in dealing profits helped US banking giant Merrill Lynch deliver a 31 per cent rise in annual pretax profits…Thu Nov 02 2006 - 00:00
Equity stake for Davy staff in €316m buyoutUp to 110 of the most senior staff at Davy Stockbrokers have taken an equity stake in the business following the €316Thu Nov 02 2006 - 00:00
Murray firm pays €2.46m to co-foundersPublic relations firm Murray Consultants paid out €2Wed Nov 01 2006 - 00:00
Laura Ashley's Irish earnings fallBritish retailer Laura Ashley lost sales and profits in Ireland last year as it failed to take advantage of the spending boom…Wed Nov 01 2006 - 00:00
McNamara, Docklands group behind €412m dealThe State-owned Dublin Docklands Development Authority (DDDA) last night emerged as equity partner with property developer Bernard…Wed Nov 01 2006 - 00:00
CIÉ invests €59m in Dart fleet upgradeCIÉ has embarked on a €59 million upgrade of the original fleet of Dart carriages which have been in use since the Dublin suburban…Mon Oct 30 2006 - 00:00
Member groups start review of AssurelinkThe major life assurance groups have initiated a strategic review of the operations of Assurelink, a company they jointly own…Mon Oct 30 2006 - 00:00
BMW set to break €200m sales threshold in IrelandGerman motor group BMW is poised to breach the €200 million sales threshold in the Irish market this year as annual sales of …Mon Oct 30 2006 - 00:00
New limits on credit union investmentThe Financial Regulator has moved to place new restrictions on the investment activities of credit unions under which their holdings…Fri Oct 27 2006 - 01:00
German financier invests $1m in JetBirdGerman aviation financier Conrado Dornier has taken a small equity stake in JetBird, the start-up executive jet company owned…Fri Oct 27 2006 - 01:00
Restriction order may be served on Eddie HobbsThe liquidator of finance company Taylor Asset Managers, which collapsed in 1996, has applied to the High Court to restrict five…Thu Oct 26 2006 - 01:00
IN&M in bid to buy out APN subsidiarySir Anthony O'Reilly's Independent News & Media has made a A$3.8 billion (€2Thu Oct 26 2006 - 01:00
Roches still 'earnings neutral'London-listed department store chain Debenhams has indicated that its newly-acquired Roches Stores business will not add a single…Wed Oct 25 2006 - 01:00
Aldi's Irish, UK profits rise 210%German-owned discount retailer Aldi has reported a 210 per cent increase in annual operating profits to £43Wed Oct 25 2006 - 01:00
Merged Riverdeep group may float in two yearsProspective investors in Riverdeep's mammoth reverse takeover of US publisher Houghton Mifflin have been told that the newly-…Wed Oct 25 2006 - 01:00
Riverdeep in $5bn buyoutRiverdeep's controlling shareholder, Barry O'Callaghan, will remain the dominant figure in the company following its $5 billion…Tue Oct 24 2006 - 01:00
Firms help homeless back to workAnglo Irish Bank chairman Seán FitzPatrick says he isn't out to save the world when he urges companies to join a scheme that …Tue Oct 24 2006 - 01:00
Ex-Eircom executive David McRedmond to head up TV3London-based private equity fund Doughty Hanson has appointed former Eircom commercial director David McRedmond as chief executive…Tue Oct 24 2006 - 01:00
Lufthansa Technik's Irish profits soar 25% to $19mAircraft maintenance group Lufthansa Technik Airmotive has reported a 25 per cent rise to $19.06 million (€15Mon Oct 23 2006 - 01:00
Cullen seeks advice on Limerick port firm directorMinister for Transport Martin Cullen has sought the advice of Attorney General (AG) Rory Brady regarding a director of the State…Sat Oct 21 2006 - 01:00
Quinn Group pays €6.5m to owner's pensionInsurance magnate Seán Quinn received a once-off pension contribution of €6Fri Oct 20 2006 - 01:00
Limerick port firm suspends chiefThe State-owned port company in Limerick has suspended its chief executive, Brian Byrne, on foot of serious allegations of impropriety…Fri Oct 20 2006 - 01:00
Members of port company facing allegationsTwo senior members of the Shannon Foynes Port Company are fighting serious allegations of impropriety made by a Limerick business…Thu Oct 19 2006 - 01:00
Directors close €390m buyout of BWG groupSpar and Mace franchise owner BWG aims to open as many as 40 new convenience stores a year following the completion of a €390…Wed Oct 18 2006 - 01:00
Creaven family members acquire Gow-MacMembers of the Creaven business family in Co Clare have acquired a Shannon-based analytical instruments company, in which they…Wed Oct 18 2006 - 01:00
EP Mooney posts profits of €29.9mDublin businessman Paraic Mooney, owner of the west Dublin Nissan dealership EP Mooney, reported an operating profit of almost…Tue Oct 17 2006 - 01:00
U2 firm reduces losses to €2.91mThe rock band U2 has reported a significant improvement in the financial position of a company at the core of its business empire…Tue Oct 17 2006 - 01:00
Ryanair looks at ways to sweeten ESOT dealRyanair is examining the possibility of sweetening the terms of its offer for Aer Lingus by giving members of its Employee Share…Sat Oct 14 2006 - 01:00
Topaz to honour accord with regulator Error saw go-ahead to buy StatoilThe Topaz consortium will lease out its interest in a Galway oil terminal as a gesture of goodwill to the Competition Authority…Sat Oct 14 2006 - 01:00
Swiss Re took €150m from Irish subsidiaryReinsurance giant Swiss Re took dividends of €150 million from one of its main units in Ireland last year, new accounts reveal…Sat Oct 14 2006 - 01:00
Credit unions told to act on bad debtThe Irish Financial Services Regulatory Authority has asked the boards of several credit unions to take "remedial action" to …Fri Oct 13 2006 - 01:00
Brown Thomas reports 10.8% drop in profitThe Brown Thomas group has reported a 10.8 per cent drop in like-for-like pretax profit to €20Fri Oct 13 2006 - 01:00
Minister asks authority to explain Statoil errorMinister for Enterprise Micheál Martin has asked the Competition Authority chairman Dr Bill Prasifka to explain an internal error…Thu Oct 12 2006 - 01:00
Pretax profits at Aughinish fall 90% to $5.28mPretax profits have fallen by 90 per cent to $5.28 million (€4Wed Oct 11 2006 - 01:00
Murtagh takes on Smart Telecom's €40m debtBusinessman Brendan Murtagh has assumed €40 million in liabilities from Smart Telecom as a result of his agreement last night…Sat Oct 07 2006 - 01:00
Commission expected to examine bidThe European Commission is unlikely to completely block Ryanair's surprise bid for Aer Lingus, according to legal expertsFri Oct 06 2006 - 01:00
Ryanair investors question €1.48bn offerRyanair chief Michael O'Leary has embarked on a concerted effort to convince his shareholders of the merits the airline's €1.…Fri Oct 06 2006 - 01:00
Analysts remain unconvinced by logic of latest Ryanair moveMarket reaction: Ryanair chief Michael O'Leary is facing numerous hurdles in his efforts to execute an unexpected takeover approach…Fri Oct 06 2006 - 01:00
