Tullow Oil expects up to 86,000 barrels a dayEXPLORATION GROUP Tullow Oil told shareholders yesterday that it expects production from its wells to run at between 70,000 and…Thu May 17 2012 - 01:00
Mild winter hits DCC's oil supply businessMILD WINTER weather and high oil prices hit profits at industrial holding group DCC, whose heating oil supply business suffered…Wed May 16 2012 - 01:00
Gas discovery for Cove may rock boat for ShellEXPLORATION GROUP Cove Energy yesterday reported a new gas find off Mozambique, raising speculation that a new bidder could attempt…Wed May 16 2012 - 01:00
Company likely to consider expansion into transportSHORTLY BEFORE DCC’s last financial year ended on March 31st, the country was bathed in sunshine and temperatures more reminiscent…Wed May 16 2012 - 01:00
Nama wins €269.6m action against Irish developer in Canadian courtA Canadian court yesterday ordered that the proceeds of a sale of a Toronto property owned by developer Ray Grehan be paid to…Sat May 12 2012 - 01:00
Houghton Mifflin Harcourt in deal to cut $3.1bn debtCREDITORS ARE poised to take control of Houghton Mifflin Harcourt (HMH), the education publishing specialist built up by financier…Sat May 12 2012 - 01:00
Kingspan may still buy German rivalINSULATION SPECIALIST Kingspan is still in the running to buy a rival in Germany, according to chief executive Gene Murtagh.Fri May 11 2012 - 01:00
European values rise on strong dataSTOCKS ROSE in key European markets on the back of good corporate news and positive employment data from the US.Fri May 11 2012 - 01:00
Irish Cement strike and Palestine controversy brought up at CRH agmCRH SUBSIDIARY Irish Cement will begin conciliation talks today with representatives of 100 workers who have been on strike for…Thu May 10 2012 - 01:00
CRH expects similar first-half sales to 2011BUILDING MATERIALS group CRH expects earnings in the first half of this year to be similar to 2011, following a slow start in…Thu May 10 2012 - 01:00
Readymix exchange delisting stallsREADYMIX PLC will not go ahead with today’s planned delisting from the Irish Stock Exchange as a result of court action by two…Wed May 09 2012 - 01:00
Maloney to investigate Worldspreads collapseACCOUNTANT GEORGE Maloney is to investigate the collapse of spread trading group Worldspreads, after being appointed liquidator…Wed May 09 2012 - 01:00
Ibec expects GDP to grow by 1 per cent this yearTHE REPUBLIC’S economy will grow by 1 per cent this year, while a Yes vote in the fiscal treaty referendum will boost corporates…Tue May 08 2012 - 01:00
Raid on Digicel office in JamaicaTHE CARIBBEAN mobile network owned by Irish businessman Denis O’Brien is in dispute with Jamaican tax authorities following a…Tue May 08 2012 - 01:00
Lower oil prices fail to halt rising energy costs in AprilLower oil prices failed to halt rising energy costs in the Republic last month, the latest figures showTue May 08 2012 - 01:00
O'Brien may have to make offer for all of INMBUSINESSMAN DENIS O’Brien faces a decision on whether to bid for the country’s biggest newspaper publisher after purchasing €…Sat May 05 2012 - 01:00
O'Brien INM stake rises to 29.9%Businessman Denis O’Brien has moved a step closer to bidding for Independent News & Media by increasing his stake in the …Fri May 04 2012 - 01:00
€240m Eirgrid project to develop power grid in westSTATE COMPANY Eirgrid will launch a €240 million development project for the west of Ireland next week.Fri Apr 20 2012 - 01:00
Unease at web betting taxOVERSEAS-BASED bookmakers taking online bets from Irish customers might not comply with the Government’s proposed tax on internet…Thu Apr 19 2012 - 01:00
Mining and exploration stocks riseFEARS THAT Chinese growth may be slowing, nervousness ahead of today’s Spanish debt auction and signs that the Bank of England…Thu Apr 19 2012 - 01:00
Over 230,000 building jobs lost since height of boomMORE THAN 230,000 building workers have lost their jobs since the height of the construction and property bubble five years ago…Wed Apr 18 2012 - 01:00
Schoolbook publisher may be put on marketCJ FALLON, the Republic’s biggest schoolbook publisher, is set to be put up for sale.Wed Apr 18 2012 - 01:00
Venture capital and pension funds to invest in Irish wind energy firmsINSTITUTIONAL INVESTORS are poised to target the Irish wind energy industry, which will need funding of €900 million a year between…Mon Apr 16 2012 - 01:00
Nama takes control of three companies led by Galway developer Chris CrehanSTATE ASSETS agency Nama has taken control of three companies led by well-known Galway developer Chris Crehan.Sat Apr 14 2012 - 01:00
MarketSpreads fighting legacy of murky trading transactionsHaving been through ‘the wringer’, the company believes its auditors will give the 2010 accounts a clean bill of health, clearing…Fri Apr 13 2012 - 01:00
Undisclosed trading by directors at spread betting firmACCOUNTS FILED by MarketSpreads state that some former directors and executives engaged in undisclosed trades with the financial…Fri Apr 13 2012 - 01:00
Suspended firm gets approval to repay funds to clientsFINANCIAL SPREADBETTING firm Marketspreads began returning clients’ funds to their bank accounts yesterday after regulators gave…Thu Apr 12 2012 - 01:00
Job agencies accused of driving up costs of IT staffA LEADING businessman says recruitment agencies are driving up the cost of hiring skilled IT staff and effectively forcing businesses…Thu Apr 12 2012 - 01:00
ESB staff back plan to save €140m a yearESB WORKERS have voted in favour of a €140 million a year savings plan that includes cutting 1,000 jobs and reductions in overtime…Wed Apr 11 2012 - 01:00
Spread betting firm to get green light to return clients' fundsTHE CENTRAL Bank is set to give spread betting firm Marketspreads the green light to return cash to its clients.Wed Apr 11 2012 - 01:00
MarketSpreads forced to stop trading as Central Bank suspends licenceTHE CENTRAL Bank has suspended the trading licence of one of Ireland’s largest spreadbetting businesses after auditors expressed…Sat Apr 07 2012 - 01:00
Firm claims it is compliant and blames legacy issuesANALYSIS: LATE ON Thursday, the Central Bank ordered financial spreadbetting firm, MarketSpreads, to suspend its operations, …Sat Apr 07 2012 - 01:00
Partner in hazardous Priory Hall scheme discharged from bankruptcyONE OF the developers behind the Priory Hall apartment complex that was last year declared a fire hazard has emerged from bankruptcy…Fri Apr 06 2012 - 01:00
Siteserv wants UK watchdog to investigate deal by rival groupCONSTRUCTION SERVICES group Siteserv plans to ask the UK’s competition watchdog to investigate a deal involving rival Altrad, …Fri Apr 06 2012 - 01:00
Good causes to receive smaller share of lottery fundsCHARITIES, SPORTS, community and other organisations are to get a smaller share than before of National Lottery revenues under…Thu Apr 05 2012 - 01:00
Winter Wonderland organiser scraps event scheduled for next four yearsMULTINATIONAL ENTERTAINMENT manager AEG is pulling out of the Winter Wonderland event it planned to run in Kilmainham, Dublin…Thu Apr 05 2012 - 01:00
Firm in Siteserv bid row to attend egmA COMPANY that claims it was effectively prevented from bidding for Siteserv is likely to be represented at the construction …Thu Apr 05 2012 - 01:00
Siteserv approves Millington bidJust under 99 per cent of Siteserv shareholders today voted to accept the Denis O’Brien-backed €45 million bid for the construction…Thu Apr 05 2012 - 01:00
Arthur Cox acted on Siteserv dealLAW FIRM Arthur Cox gave legal advice to both sides in the controversial Siteserv deal that has left Denis O’Brien in pole position…Tue Apr 03 2012 - 01:00
Providence share placement to raise €75m for debt and explorationEXPLORATION GROUP Providence will use the €75 million that it plans to raise from investors to pay off some debt and to fund …Tue Apr 03 2012 - 01:00
Firm claims it was excluded from Siteserv sale to O'BrienA FRENCH company has claimed it was denied the opportunity to make an offer for Irish company Siteserv which businessman Denis…Mon Apr 02 2012 - 01:00
Nama seeks share of developer's future incomeSTATE AGENCY Nama is pursuing former developer John Fleming through the British courts for a share of his income.Fri Mar 30 2012 - 01:00
Titanium profit adds sheen to Kenmare's share priceSHARES IN Kenmare Resources surged by almost 8 per cent yesterday after the company reported the first profit from its titanium…Thu Mar 29 2012 - 01:00
Spread betting firm settles caseFINANCIAL SPREAD-betting business MarketSpreads has settled its case against two former executives who diverted funds from the…Thu Mar 29 2012 - 01:00
Retreat in energy stocks erodes valuesA SLIDE in US consumer sentiment and a retreat among energy stocks knocked markets back yesterday after reasonable early trade…Wed Mar 28 2012 - 01:00
Profits up by 18% at engineering group KentzPROFITS at engineering and instrumentation group Kentz, increased 18 per cent to almost $80 million (€60 million) last year, …Tue Mar 27 2012 - 01:00
Ardagh buys US glass firm for €170mPACKAGING giant Ardagh has bought a north American glass container manufacturer in a deal believed to be worth over €170 million…Tue Mar 27 2012 - 01:00
Ex-chief of betting firm big investor in new businessTHE FORMER chief executive of collapsed spread-betting firm Worldspreads is the biggest shareholder in a recently established…Fri Mar 23 2012 - 00:00
