€1.5bn investment fund likely to be raised in US and UK bond marketsANALYSIS: STATE-OWNED power company, the ESB, could raise up to €1Fri Apr 17 2009 - 01:00
ESB says expansion plan will create and support 6,000 jobsTHE ESB predicted yesterday that its expansion plans would create and support over 6,000 jobs inside and outside the State company…Fri Apr 17 2009 - 01:00
Stabilisation fund gets EU green lightTHE EU has given the green light to a €100 million State-aid scheme for Irish companies facing difficulties as a result of the…Thu Apr 16 2009 - 01:00
McInerney Holdings chief executive O'Connor took 50% pay cut in 2008McINERNEY HOLDINGS chief executive, Barry O’Connor, took a 50 per cent pay cut last year while he and his fellow executives received…Wed Apr 15 2009 - 01:00
Horse racing industry faces a future full of uncertaintyANALYSIS : Industry insiders fear horseracing’s ‘wealthy’ image could hurt efforts to secure its futureSat Apr 11 2009 - 01:00
On the ballTHE FRIDAY INTERVIEW/Grahame Jenkins, Premium Golf Brands: ONE OF the most coveted items of clothing in golf is the green jacket…Fri Apr 10 2009 - 01:00
Eirgrid chooses potential routes for interconnectorNATIONAL ELECTRICITY grid operator, Eirgrid, said yesterday that it has narrowed down the potential routes for the €180 million…Thu Apr 09 2009 - 01:00
Bank shares enjoy Budget bounce as nationalisation fears fallIRISH BANKS continued to benefit as the prospect of nationalisation receded yesterday, but stockbrokers believe that the detail…Wed Apr 08 2009 - 01:00
Banks' strong performance helps to offset Iseq's declineMARKET REPORT: THE IRISH Stock Exchange tracked its international counter parts into negative territory yesterday, but a strong…Wed Apr 08 2009 - 01:00
Kerry shares fall on planned appeal against Breeo rulingKERRY GROUP’S share price took a hit late yesterday after the Competition Authority announced that it plans to appeal a High …Wed Apr 08 2009 - 01:00
Strong banks offset Iseq's fallThe Irish Stock Exchange tracked its international counter parts into negative territory today, but a strong performance from…Tue Apr 07 2009 - 01:00
Kenmare in deal to defer loan repaymentMINING GROUP Kenmare Resources will pay its bankers and guarantors $1Fri Apr 03 2009 - 01:00
Former CRH chief executive took €1m pay cut in 2008FORMER CRH chief executive Liam O’Mahony took a €1 million cut in pay in his last year at the helm of the building materials …Fri Apr 03 2009 - 01:00
Company may shift more supply costs to householdersFALLING ENERGY prices could create scope for consumers to pay a bigger share of electricity and gas supply costs, thus easing…Fri Apr 03 2009 - 01:00
Profits at Bord Gáis down 10% to €151mSTATE-OWNED energy company Bord Gáis has signed 100,000 customers to the domestic electricity supply service it introduced in…Fri Apr 03 2009 - 01:00
Bord na Móna tells workers it cannot pay their pensionsSTATE COMPANY Bord na Móna has told workers that it cannot pay a pension to which some of them have been contributing for decades…Thu Apr 02 2009 - 01:00
Qualceram Shires group looks set to be broken upBATHROOM FITTINGS manufacturer Qualceram Shires is likely to be broken up as a result of seeking protection from its creditors…Thu Apr 02 2009 - 01:00
'Credible framework' needed to tackle crisis - S&PTHE REPUBLIC needed a “credible framework” to deal with the challenges posed to public finances by the recession, according to…Wed Apr 01 2009 - 01:00
Bord Gáis raises €342m to fund expansionSTATE ENERGY company Bord Gáis Éireann (BGÉ), has raised €342 million to fund its expansion plansTue Mar 31 2009 - 01:00
Profits at Kentz grow 19% in year after flotationPROFITS AT Irish-Malaysian engineering and instrumentation group Kentz grew almost 19 per cent to €31 million in its first full…Tue Mar 31 2009 - 01:00
Edward Holdings to buy Galway oil terminal for €30mBUSINESSMAN GERRY Barrett’s Edward Holdings is buying the Enwest oil terminal in Galway in a deal valued at over €30 million…Tue Mar 31 2009 - 01:00
Swedish firm ABB to link Irish grid to UKTHE NATIONAL electricity grid’s operator has given the contract for a €600 million power line linking Ireland and Britain to …Mon Mar 30 2009 - 01:00
Dragon Oil profits up 21% to $369mPROFITS AT Dubai-backed and Dublin-listed Dragon Oil rose 21 per cent to $369 million (€277 million), the company reported yesterday…Sat Mar 28 2009 - 00:00
Waterford's new owner plans expansion by acquiring rivalsWATERFORD WEDGWOOD’S new owner intends to expand the luxury crystal and china group through buying up rivals, its chief executive…Fri Mar 27 2009 - 00:00
McInerney revenues halve to €300m as downturn hits first-time buyersWEAK DEMAND, falling land values and restructuring costs pushed house-builder McInerney Holdings into the red last year.Tue Mar 24 2009 - 00:00
Bord na Móna to create 50 research positionsSTATE COMPANY Bord na Móna is creating 50 new jobs in innovation, research and development, with a €50 million investment over…Tue Mar 24 2009 - 00:00
Hotel chain sold by Jury's for €1.165bn posts €175m salesTHE BUDGET HOTEL group sold by Jury’s Doyle to Quinlan Private for €1Sat Mar 21 2009 - 00:00
Qualceram Shires looks at all options as it talks with landlordQUOTED BATHROOM fittings manufacturer Qualceram Shires is looking at all options, including corporate rescue or insolvency proceedings…Sat Mar 21 2009 - 00:00
Waterford Crystal workers to meet on efforts to save plantWATERFORD CRYSTAL workers are set to meet at the weekend to hear what progress is being made in efforts to keep manufacturing…Fri Mar 20 2009 - 00:00
Building firm sells shares to raise £325mBUILDING MATERIALS group, SIG, is selling new shares to raise £325 million to pay down debts due later this year.Thu Mar 19 2009 - 00:00
SIG to consider selling shares to help it meet loan repaymentsTHE OWNER of Irish Insulation Systems, Capco Roofing and other building product supply firms is reported to be considering selling…Tue Mar 17 2009 - 00:00
Readymix reports pretax loss of €47m for 2008BUILDING MATERIALS group Readymix warned yesterday that it would continue to lose money this year after reporting a €47 million…Tue Mar 17 2009 - 00:00
Payment boost for State's suppliersGOVERNMENT DEPARTMENTS will cut the time they take to pay their suppliers to 15 days from 30, Taoiseach Brian Cowen pledged yesterday…Fri Mar 06 2009 - 00:00
Quinn to invest €100m in Tatarstan developmentBUSINESSMAN SEÁN Quinn’s group is investing €100 million in a property development in the Russian republic of Tatarstan.Thu Mar 05 2009 - 00:00
FBD posts losses of €38.6m and predicts rise in cost of insuranceINSURANCE COSTS are set to rise this year as companies attempt to recover the cost of rising claims, Dublin-quoted FBD predicted…Thu Mar 05 2009 - 00:00
Firm to rein in spending on acquisitionsANALYSIS: LAST AUTUMN, building materials group CRH signalled it was planning to rein in spending on acquisitions except in …Wed Mar 04 2009 - 00:00
CRH hoping to raise €1.24bn in rights issueBUILDING MATERIALS giant CRH is gearing up to raise almost €1Wed Mar 04 2009 - 00:00
Bookmaker looks a safe betLAST NIGHT, Paddy Power, the company, hosted a Cheltenham preview night in the Submarine bar in Crumlin, Dublin.Tue Mar 03 2009 - 00:00
Kingspan profits fall 70% to €68.1mTHE BUILDING slump, currency weakness and a once-off charge caused a near-70 per cent fall in profits at insulation and construction…Tue Mar 03 2009 - 00:00
Paddy Power says new betting tax will cost it €9mTHE DOUBLING of Irish betting tax will cost listed bookmaker Paddy Power €9 million in profits this year, its chief executive…Tue Mar 03 2009 - 00:00
US offers pathway to profit CRH paved in last recessionANALYSIS: BACK IN the middle of another recession in the 1980s, Irish building materials company CRH began buying businesses…Tue Mar 03 2009 - 00:00
Grafton says it faces difficult year after fall in profits of 73%THE OWNER of Woodies DIY and Heitons Buckley builders’ merchants said it was facing a difficult year after announcing a sharp…Sat Feb 28 2009 - 00:00
Waterford Wedgwood sold but 480 jobs remain in doubtA QUESTION mark hangs over the future of 480 Waterford Crystal manufacturing jobs, despite yesterday’s deal to sell its parent…Sat Feb 28 2009 - 00:00
Dragon investigates purchasing 'irregularities'DUBLIN- AND London-listed exploration company Dragon Oil is investigating purchasing contracts involving former executives following…Fri Feb 27 2009 - 00:00
Energia to sell gas to small and medium concernsINDEPENDENT OPERATOR Energia plans to offer natural gas to small and medium-sized businesses in competition with State-owned …Fri Feb 27 2009 - 00:00
Waterford Wedgwood sale to KPS Capital 'imminent'The sale of Waterford Wedgwood to US firm, KPS Capital, is imminent, with sources suggesting last night that a deal could be …Thu Feb 26 2009 - 00:00
Iseq recovers ground after plunging to 14-year lowDUBLIN REPORT Iseq: 2,034.44 (-15Wed Feb 25 2009 - 00:00
Former CEO made threats to sue firmTHE FORMER chief executive of Irish-based casino software developer, Cryptologic, threatened to sue the company while he was …Wed Feb 25 2009 - 00:00
AIB and C&C rise as overall market drifts lowerMARKET REPORT: THE IRISH stock market underperformed its European peers yesterday.Fri Feb 20 2009 - 00:00
