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EBS workers vote for strike action

EBS staff plan a one-day strike next Tuesday - December 20th - in protest at the Department of Finance’s refusal to approve an…

Tue Dec 13 2011 - 00:00

US halts trade by Nama-linked firm

THE FEDERAL authorities in the US have halted trading in shares in an investment company that claimed to be in talks with State…

Sat Dec 10 2011 - 00:00

Bank appoints receiver to some assets of Shelbourne

SHELBOURNE Developments has confirmed that Bank of Scotland has appointed a receiver to some of its assets and subsidiaries at…

Fri Dec 09 2011 - 00:00

Nama in talks to sell Louis Vuitton store

STATE ASSETS agency Nama is said to be in talks to sell the high-profile Louis Vuitton store it controls in London to the French…

Fri Dec 09 2011 - 00:00

Builder Abbey sees profits fall

PROFITS AT quoted house builder Abbey fell 40 per cent to €3.35 million in the first half of its financial year.

Fri Dec 09 2011 - 00:00

Property group may be placed in receivership

BANK OF Scotland is considering appointing a receiver to Shelbourne Development Group, the Garrett Kelleher-controlled property…

Thu Dec 08 2011 - 00:00

O'Mahony to step down from board of CRH at end of year

FORMER CRH chief executive Liam O’Mahony plans to step down from the building-material group’s board at the end of the year…

Thu Dec 08 2011 - 00:00

Plans to change rent reviews shelved

The Government has ditched plans to introduce legislation to abolish upward only rent reviews in commercial property leases, …

Tue Dec 06 2011 - 00:00

Racecourse profits hit €6.6m after land sale led to €8.8m loan waiver

STATE AGENCY Horseracing Ireland (HRI) waived an €8

Sat Dec 03 2011 - 00:00

C&F books €7m profit as company eyes renewable energy openings

CONTRACT MANUFACTURER CF made close to €7 million profits last year and is gearing up to enter renewable energy markets in Britain…

Fri Dec 02 2011 - 00:00

ESB unions in 'dispute' after talks over cuts fail

STATE ENERGY company ESB’s unions say they are in dispute with the company after efforts to cut €140 million from its payroll…

Fri Dec 02 2011 - 00:00

Administration sought for Battersea

TWO OF the creditors that are seeking to have Irish-owned Battersea Power Station placed in administration indicated yesterday…

Fri Dec 02 2011 - 00:00

Nama and Lloyd's Bank set to take control of Battersea power plant

STATE ASSETS agency Nama and Lloyd’s Bank are poised to take control of Battersea power plant, the €600 million property part…

Thu Dec 01 2011 - 00:00

Insurer pays millions to Superquinn creditors

ONE INSURER has paid out “millions” to Superquinn creditors who lost out when the supermarket chain was placed in receivership…

Tue Nov 29 2011 - 00:00

Associated posts €520,000 loss in hardware sector

A €1 million charge for restructuring its business left independent builders’ merchants and DIY specialist, Associated Hardware…

Sat Nov 26 2011 - 00:00

Group in prison contract row faces winding-up threat

A CREDITOR has threatened Glenbeigh Construction, the group that was at the centre of a political row over prison building contracts…

Sat Nov 26 2011 - 00:00

Xtra-vision losses top €3m but firm on track to show profit

HOME ENTERTAINMENT chain Xtra-vision lost more than €3 million in 2010, but expects to make a profit this year after restructuring…

Fri Nov 25 2011 - 00:00

Nama and UK bank to decide fate of Battersea

STATE ASSETS agency Nama and Lloyds Bank are likely to decide within weeks on the future of Battersea Power Station, the landmark…

Fri Nov 25 2011 - 00:00

Electricity link could offer economic boost

THE DEVELOPMENT of an electricity grid connecting Ireland and Scotland could boost both countries’ economies, according to a …

Thu Nov 24 2011 - 00:00

Oil firms see Ireland as high risk location

MULTINATIONAL OIL and gas companies regard Ireland as a high-risk, unrewarding and difficult place for exploration, an industry…

Wed Nov 23 2011 - 00:00

Apollo Global and Goldman Sachs pool resources in bid for MBNA operations

TWO US companies have joined forces to bid for the MBNA credit card operations in Ireland and Britain which Bank of America put…

Wed Nov 23 2011 - 00:00

CRH performs well but Iseq reflects mood of uncertainty

Iseq: 2555.09 (-52.02) Settlement Date: November 24th CONTINUING uncertainty over the euro zone and fears that US lawmakers …

Tue Nov 22 2011 - 00:00

First stage of €240m Eirgrid tender closes

STATE AGENCY Eirgrid is in the final stages of tendering for consultants and engineers to work on the first phase of a €240 million…

Mon Nov 21 2011 - 00:00

Iseq outperfoms European markets

The Dublin market outperformed most European bourses today, despite trading which traders described as “nervous” and “scrappy…

Mon Nov 21 2011 - 00:00

Kentz has €1.8bn of contracts on books

ENGINEERING AND instrumentation group Kentz has a pipeline of close to $2.4 billion (€1

Sat Nov 19 2011 - 00:00

Interest shown in pharmacy group

A NUMBER of potential suitors are interested in investing in the troubled McSweeney pharmacy group

Fri Nov 18 2011 - 00:00

Netflix facing copyright hurdles

ONLINE ENTERTAINMENT group Netflix still faces important copyright hurdles before it enters the Irish and British markets early…

Fri Nov 18 2011 - 00:00

Low volumes traded mirror trend across rest of Europe

Iseq: 2638.62 (-40.74) Settlement date: November 22nd THE DUBLIN market followed the rest of Europe yesterday as many investors…

Fri Nov 18 2011 - 00:00

Centrica may be planning bid for Bord Gáis stake

BRITISH UTILITY Centrica is understood to be interested in moving into the Irish market, and may be prepared to bid for a stake…

Wed Nov 16 2011 - 00:00

Kingspan expects 2011 profits to rise by up to 25%

PROFITS AT Kingspan could be up to 25 per higher in 2011, the insulation and building materials specialist said yesterday, but…

Tue Nov 15 2011 - 00:00

Exxon Kurdistan entry likely to rally Petroceltic interest

OIL GIANT Exxon Mobil’s confirmation at the weekend that it has entered Kurdistan is likely to boost interest in Irish explorer…

Mon Nov 14 2011 - 00:00

Grafton begins series of investor meetings

LISTED DO-IT-YOURSELF specialist and builders’ merchant Grafton is running a series of roadshows for investors over the next …

Sat Nov 12 2011 - 00:00

Fleming gave assets to creditors

FORMER DEVELOPER John Fleming handed over his home and virtually all his personal assets to his creditors in the course of his…

Sat Nov 12 2011 - 00:00

John Fleming released from UK bankruptcy

DEVELOPER JOHN Fleming, whose businesses were placed in liquidation last year with debts of €1 billion, was discharged from bankruptcy…

Fri Nov 11 2011 - 00:00

Receiver appointed to site at centre of dispute

NATIONAL IRISH Bank has appointed a receiver to a site that was the subject of a dispute between the institution, building group…

Fri Nov 11 2011 - 00:00

CRH's London move to pave way for entry to FTSE

IRELAND’S LARGEST publicly quoted company, CRH, plans to switch its primary stock exchange listing to London from Dublin, paving…

Wed Nov 09 2011 - 00:00

DCC says mild weather to hit profits

ENERGY AND distribution group DCC expects this year’s profits to fall 5 per cent, unless last winter’s big freeze makes a return…

Wed Nov 09 2011 - 00:00

Judgments filed against 'Business & Finance' company

A NUMBER of creditors have registered judgments against one of the companies in the group that publishes Business & Finance…

Sat Nov 05 2011 - 00:00

Sherry FitzGerald to sell London agency

ESTATE AGENT Sherry FitzGerald is set to sell its London business in a deal that will net the Irish company more than €44 million…

Sat Nov 05 2011 - 00:00

Boylesports to buy William Hill betting shops for €1.5m

BOOKMAKER BOYLESPORTS plans to buy British rival William Hill’s remaining 15 betting shops in the Republic for €1

Fri Nov 04 2011 - 00:00

Eircom pays State €115,000 for failure to meet fault repairs targets

EIRCOM HAS paid €115,000 to the State for its failure to meet agreed targets for repairing faults in the Republic’s telecoms …

Thu Nov 03 2011 - 00:00

Boylesports to take over William Hill shops

Bookmaker Boylesports is taking over 15 betting shops owned by rival William Hill in the Republic in a deal that the Irish company…

Thu Nov 03 2011 - 00:00

State revenue below target despite €2bn tax boost

EXTRA TAXES and levies increased the amount of cash flowing into State coffers by €2 billion to €26

Thu Nov 03 2011 - 00:00

Exchequer deficit at €22.6 billion

Total Exchequer income in the first 10 months of the year was €28.9 billion, 14 per cent up on the €27

Wed Nov 02 2011 - 00:00

Quinn creditors approve debt proposals

CREDITORS OF Quinn Group yesterday approved a proposal to restructure the troubled manufacturing and financial services group…

Tue Nov 01 2011 - 00:00

Donegal Creameries milk and retail divisions sold

CONNACHT GOLD is set to buy Donegal Creameries’ milk and retail businesses in a deal worth a potential €21 million.

Tue Nov 01 2011 - 00:00

Treasury China Trust tops $15m

INCOME AT Treasury China Trust, the property investment vehicle backed by Treasury Holdings, rose 46 per cent to top $15 million…

Tue Nov 01 2011 - 00:00

Tullow Oil in Mauritania deal

EXPLORATION GROUP Tullow Oil is set to boost its presence in west Africa after signing a new agreement with the Mauritanian government…

Tue Nov 01 2011 - 00:00

Electricity exports could mean Irish pay 'subsidies'

CURRENT FINANCIAL supports for wind energy could result in Irish consumers subsidising British electricity users if plans to …

Tue Nov 01 2011 - 00:00

Iseq slips as investors hold fire ahead of G20 summit

Iseq: 2,724.66 (–31.19) Settlement date: November 3rd

Tue Nov 01 2011 - 00:00
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