Undisclosed loans and IL&P deposits led to investigationBACKGROUND: Accountancy regulator hired former CAG to examine Anglo auditor’s role in ever-growing list of controversial issues…Thu Sept 15 2011 - 01:00
250 jobs at Pocket Kings under threatFull Tilt, a leading online poker site, could axe up to 250 jobs from its Dublin base as a result of its withdrawal from the …Wed Sept 14 2011 - 01:00
Nama offer to developer David Daly withdrawnTHE NATIONAL Asset Management Agency (Nama) has taken any offers made to developer David Daly and his family regarding repayment…Wed Sept 14 2011 - 01:00
NTR sells shares back to US biofuels companyNTR HAS sold part of its stake in a US biofuels business at a discount to the price of its original investment.Tue Sept 13 2011 - 01:00
Tullow Oil top performer of session while Iseq slips backIseq: 2,444.02 (–79.99) Settlement date: September 12thSat Sept 10 2011 - 01:00
Tullow shares soar after French Guiana oil discoverySHARES IN Tullow Oil surged almost 17 per cent in London yesterday after the company announced a discovery off the coast of French…Sat Sept 10 2011 - 01:00
NTR not expecting more losses on solar investmentsUTILITY GROUP NTR told shareholders yesterday the company would not have to take any further hits on its solar energy investments…Fri Sept 09 2011 - 01:00
Tullow Oil soars 13.3% and fuels Iseq's rallyIseq: 2,524.01 (+4.59) Settlement date: September 11th : IRISH STOCKS continued their rally alongside their European peers yesterday…Fri Sept 09 2011 - 01:00
European markets slide steeplyStark news on the euro front sent the markets back into freefall today, wiping out a chunk of the gains that were made during…Fri Sept 09 2011 - 01:00
Regulators' report on Custom House Capital due next monthTHE REGULATORS appointed to investigate the affairs of investment business Custom House Capital are likely to make their final…Thu Sept 08 2011 - 01:00
Nama's sale of business will save 200 jobsSTATE AGENCY Nama has sold a Bowen group subsidiary, BMD and Co, to its managers in a deal that will save over 200 jobs.Thu Sept 08 2011 - 01:00
Irish, European stocks continue rallyIrish and European stocks continued their rally today but showed signs of slowing down as the European Central Bank warned about…Thu Sept 08 2011 - 01:00
CRH surges over 5.3% on US recovery plan dataIseq: 2,519.42 (+71.49) Settlement date: September 10th: DUBLIN RALLIED along with European markets yesterday as investors responded…Thu Sept 08 2011 - 01:00
Dublin and European markets rallyDublin rallied along with key European markets today as investors responded to news that President Barack Obama is set to unveil…Wed Sept 07 2011 - 01:00
CRH eyes €400m Russian cement stakeBUILDING MATERIALS group, CRH, may be close to doing a deal with Oleg Deripaska, the Russian billionaire whose interests include…Wed Sept 07 2011 - 01:00
End of building boom continues to hit explosives firmTHE CONSTRUCTION sector’s continued collapse blew a further hole in profits at industrial explosives specialist Kemek last year…Wed Sept 07 2011 - 01:00
Grafton profits up 13% for first half of yearPROFITS AT Grafton, the builders’ merchant and owner of Woodies and Atlantic Homecare DIY chains, grew 13 per cent to €15 million…Thu Sept 01 2011 - 01:00
Iseq climbs and leads the way in gains across EuropeIseq: 2,576.81 (+91.61) Settlement date: September 3rdThu Sept 01 2011 - 01:00
Profits at Paddy Power up 15% in first six monthsPROFITS AT bookmaker Paddy Power increased 15 per cent to €57 million in the first half of the year as returns from all businesses…Wed Aug 31 2011 - 01:00
Profits surge by 50% at KentzPROFITS AT engineering and instrumentation group Kentz grew 50 per cent to almost $38 million (€26Wed Aug 31 2011 - 01:00
Iseq follows other markets higherThe Iseq index of Irish shares outperformed European markets as positive corporate news and returning investor confidence buoyed…Wed Aug 31 2011 - 01:00
Belgard Motors ruling could challenge forms of debt securityA HIGH Court ruling arising out of the liquidation of Belgard Motors could throw a question mark over the status of some charges…Mon Aug 29 2011 - 01:00
Banks unlikely to meet €3bn lending target to businessesTHE REPUBLIC’S biggest banks are unlikely to meet a Government target to lend €3 billion each to small- and medium-sized businesses…Mon Aug 29 2011 - 01:00
Eircom asks banks owed €2.7bn to waive key terms of loan agreementsTELECOMS GROUP Eircom has asked a group of banks owed €2Sat Aug 27 2011 - 01:00
United Drug looks to lay off 150 staff from supply sideHEALTHCARE SERVICES group, United Drug, is seeking to lay off up to 150 workers from its Irish supply business, the company confirmed…Sat Aug 27 2011 - 01:00
Ardagh to defer Wall Street flotation until markets settlePACKAGING GIANT Ardagh will hold off on its planned flotation on Wall Street until the markets have recovered from their latest…Fri Aug 26 2011 - 01:00
High costs cited as Kenmare records pretax losses of $14m in MozambiqueKENMARE RESOURCES made a profit of $10 million from the operation of its titanium mine at Moma in Mozambique in the first six…Fri Aug 26 2011 - 01:00
Recession not good for Guinness as Irish sales droopTHE RECESSION appears to be driving Irish people away from drink.Fri Aug 26 2011 - 01:00
Commodity watchPLANET BUSINESS: Prices of up to $1,900 an ounce have sparked a new gold rush to the Yukon in Canada, where mining companies…Fri Aug 26 2011 - 01:00
Tullow to finalise $2.9bn sale of Ugandan licences next monthEXPLORATION AND production group Tullow Oil expects to complete a $2Thu Aug 25 2011 - 01:00
Kingspan half-year profits at €41.7mPROFITS AT insulation specialist Kingspan hit almost €42 million in the first six months of this year, an increase of 26 per …Tue Aug 23 2011 - 01:00
Oracle set to recruit 75 workers for Irish operationHI-TECH multi-national, Oracle, is seeking to add 75 staff to its Irish operation and is due to begin a recruitment drive across…Sat Aug 13 2011 - 01:00
Bowen firm owed €10m before takeoverBUILDING GROUP Bowen’s British business owed almost €10 million to subcontractors before court-appointed administrators took …Sat Aug 13 2011 - 01:00
Cryptologic posts pretax profits of nearly $500,000 for Q2A DUBLIN-based internet gaming software specialist, Cryptologic, has reported profits before tax of almost $500,000 in the second…Fri Aug 12 2011 - 01:00
Kingspan raises €141m in bond sale to group of US financial institutionsINSULATION AND building materials specialist Kingspan has raised €140 million through the sale of bonds to a group of US financial…Fri Aug 12 2011 - 01:00
CRH forced to sell stake in venture for €570mA TRIBUNAL has ordered building materials giant CRH to sell its stake in a Portuguese business for €570 million, ending a two…Fri Aug 12 2011 - 01:00
Smurfit's operating profits up 52%PACKAGING SPECIALIST Smurfit Kappa Group’s operations earned profits of €315 million in the first six months of the year, the…Thu Aug 11 2011 - 01:00
PayPal to create 200 jobs at Blanchardstown basePAYPAL’S IRISH-BASED European services business earned profits of €5.7 million last year, the latest figures show.Wed Aug 10 2011 - 01:00
S&P fears US debt of $20 trillion within decadeS&P RESPONSE: THE PROSPECT of US government debt reaching $11 trillion this year was one of the factors that prompted a …Tue Aug 09 2011 - 01:00
Building body warns against restricting property tax reliefsPROPOSALS TO restrict property-based tax reliefs will result in more mortgage defaults and insolvencies, according to the Construction…Mon Aug 08 2011 - 01:00
Cullen's car business turned €900,000 profit for 2010APPRENTICE SUPREMO Bill Cullen’s car sales business turned a €900,000 profit in 2010, but a writedown in the value of its land…Sat Aug 06 2011 - 01:00
Superquinn suppliers get policy boostSOME SUPERQUINN suppliers who lost out when the banks placed it in receivership over a fortnight ago are set to be paid from …Fri Aug 05 2011 - 01:00
Cheltenham dents Ladbrokes profitsA RECORD number of Cheltenham winners hit bookmaker Ladbrokes Irish profits, but the British-based group said yesterday that …Fri Aug 05 2011 - 01:00
Petroneft shares soar over 20% after oil found in RussiaDUBLIN AND London-listed explorer Petroneft’s shares surged by more than 20 per cent yesterday after the company announced that…Fri Aug 05 2011 - 01:00
A tale of low and high pricing emerges in evidenceBACKGROUND: Tom Goode claims that there was a cartel operating in the Dublin marketWed Jul 27 2011 - 01:00
Retailer's receivership freezes out suppliersA FREEZE imposed on Superquinn’s bank accounts prevented the retailer from honouring cheques issued to creditors before it was…Mon Jul 25 2011 - 01:00
Baltic firm is potential bidder for SuperquinnBALTIC-BASED RETAIL and pharmacy giant, VP Group, has emerged as a potential bidder for Superquinn, whose receivership and sale…Sat Jul 23 2011 - 01:00
Superquinn takeover turns sourThe transition to being taken over by Musgrave had been going to plan – until yesterdayFri Jul 22 2011 - 01:00
Bord Gáis gets €500m to refinance loan facilitySTATE ENERGY company Bord Gáis has raised €500 million from a group of international banks to refinance some of its existing …Thu Jul 21 2011 - 01:00
Creditors expected to get about half of €51m owed to themSUPERQUINN’S suppliers are owed a total of €51 million and are likely to recover about half of that directly from the receivers…Wed Jul 20 2011 - 01:00
