ITC, Powerscourt to raise €12.5m fundingINVESTMENT ADVISERS ITC and Powerscourt are raising a total of €12Wed Nov 05 2008 - 00:00
Interest on builder loans raised - CIFBANKS ARE trying to boost margins at the expense of builders by increasing interest rate charges on existing business loans, …Tue Nov 04 2008 - 00:00
Taggart firms servicing loansTHE PROPERTY companies jointly backed by troubled developer, Taggart Holdings, and stockbroker Goodbody's private clients, are…Tue Nov 04 2008 - 00:00
Extra funding for Battersea power station developmentTHE TREASURY Holdings-backed property investment vehicle, Real Estate Opportunities (REO), has secured an additional €50 million…Tue Nov 04 2008 - 00:00
Energy company's sales reach €48.2mTHE COMBINED energy and business services divisions of SWS had sales of €48Sat Nov 01 2008 - 00:00
Builders warn of impact of €6.2bn in Budget cutsPROPOSED GOVERNMENT spending on building roads, schools, social housing and other infrastructure is set to fall by €6Fri Oct 31 2008 - 00:00
Interest shown in Taggart propertiesA POTENTIAL buyer hopes to meet with the administrator of troubled developer, Taggart Holdings, early next week.Thu Oct 30 2008 - 00:00
Building lobby reports 35,000 unsold new homesTHE NUMBER of unsold new homes in the Republic stands at 35,000, according to industry figures released yesterday.Thu Oct 30 2008 - 00:00
Crosbie Holdings profits up 7% to €11mIRISH EXAMINER publisher, Thomas Crosbie Holdings (TCH), paid its shareholders €3Wed Oct 29 2008 - 00:00
Taggart subsidiaries listed for strike-offA NUMBER of subsidiaries of the troubled Taggart Holdings group in the Republic are listed for strike-off from the companies …Wed Oct 29 2008 - 00:00
Bord Gais bid for Viridian set to be haltedTHE GOVERNMENT is set to halt State company Bord Gáis Éireann's (BGÉ) €2 billion bid for the generating plants owned by independent…Fri Oct 24 2008 - 01:00
Moody's to review CRH credit ratingSLOWER THAN expected cashflow and ongoing acquisition spending at CRH have prompted an international agency to review the Irish…Fri Oct 24 2008 - 01:00
O'Brien buys more shares in INMBUSINESSMAN DENIS O'Brien has added a reported three million shares to his stake in Independent Newspapers, valued at €1Fri Oct 24 2008 - 01:00
Bank no longer a creditor of TaggartBANK OF Scotland Ireland (BOSI) is no longer a creditor of the troubled Taggart group as a result of the sale of the one of the…Fri Oct 24 2008 - 01:00
Liam Carroll settles €140,000 Danniger debtONE OF the State's biggest developers has sidestepped a bid to have his main trading company wound up by settling a six-figure…Thu Oct 23 2008 - 01:00
Taggart's British divisions may be taken overTWO BRITISH subsidiaries of Taggart Holdings, which is now under the control of its bankers, could shortly be placed in administration…Thu Oct 23 2008 - 01:00
Taggart sets banks tough poser and could reveal falling assetsANALYSIS: The banks' efforts to recover Taggart loans could hit the value of other assets they hold, writes Barry O'Halloran…Wed Oct 22 2008 - 01:00
Developer Taggart placed in administration owing €150mDEVELOPERS MICHAEL and John Taggart's business became the first high-profile victim of the property slump when banks owed a reported…Wed Oct 22 2008 - 01:00
Bookmaker William Hill to boost online business with €190m deal with PlaytechBOOKMAKER WILLIAM Hill plans to boost its online business with a €190 million deal with software developer Playtech.Tue Oct 21 2008 - 01:00
Bord Gáis seeks go-ahead for price rise of up to 8%BORD GÁIS, which supplies natural gas to over 500,000 households and 1,700 small businesses, will this week ask the Commission…Tue Oct 21 2008 - 01:00
Gas prices set to rise by up to 8% from JanuaryOver 500,000 households are facing natural gas price increases of between €3.50 and €5.60 a-month from January.Mon Oct 20 2008 - 01:00
OpenHydro signs water turbine agreement with energy giant EDFFRENCH ENERGY giant EDF has hired Irish group OpenHydro to build underwater electricity turbines in a deal industry sources say…Mon Oct 20 2008 - 01:00
Kedco to float on London market todayIRISH ENERGY group Kedco is set to float on the London Stock Exchange today in a move valuing it at almost €35 million.Mon Oct 20 2008 - 01:00
McInerney expects to complete fewer housesBUILDER McINERNEY Holdings expects that the number of houses it completes in Ireland and Britain this year will be less than …Sat Oct 18 2008 - 01:00
$200m to cover potential Lehman liabilitiesState Street: ONE OF the Republic's biggest financial services employers has set aside $200 million to cover potential liabilities…Thu Oct 16 2008 - 01:00
12.5% rate will not be touched - LenihanCOMPANY PROFITS: FINANCE MINISTER Brian Lenihan stressed in his Budget speech yesterday that the Republic's 12Wed Oct 15 2008 - 01:00
AIB up almost 12.5% to close the session at €7.50Iseq: 3,943.66 (120.72) THE BANKS continued their rally on the Dublin market yesterday, aided by a better than expected performance…Sat Oct 04 2008 - 01:00
Financials lead the way bringing Iseq up by 2.5%Financials once again led the way up on the Dublin market today with the Iseq index of Irish shares up close to 2Fri Oct 03 2008 - 01:00
Irish banks have given €86bn to developers in RepublicPROPERTY LOANS: BY THE end of June official figures showed that Irish banks had loaned €86Fri Oct 03 2008 - 01:00
Weak US figures clip real recovery of financialsMARKET REPORT: THE DUBLIN market continued its recovery yesterday as financial stocks earned more support from investorsThu Oct 02 2008 - 01:00
Kingspan raises €330m in loans from group of banks to fund future expansionBUILDING MATERIALS and insulation specialist Kingspan has raised €330 million in loans from a group of banks to fund future expansion…Thu Oct 02 2008 - 01:00
Debts of €5.7m put developer Hassett into liquidationTHE BUSINESS OF property developer and builder Eamonn Hassett has gone into liquidation with a €4 million shortfall on the €5…Thu Oct 02 2008 - 01:00
Betting firm gains on markets' crisisTHE VOLATILE stock markets have boosted business at Irish-based spread-betting firm Worldspreads over the last six months, the…Wed Oct 01 2008 - 01:00
Petroneft says it is on course in SiberiaPETRONEFT, THE Irish explorer with interests in western Siberia, says it is on schedule to begin production from its wells in…Wed Oct 01 2008 - 01:00
Examiner appointed to Futura airlineGROUNDED AIRLINE Futura Gael received a stay of execution yesterday when the High Court appointed an interim examiner to the …Wed Sept 24 2008 - 01:00
B of I abandons plans to find backer for BIAMBANK OF Ireland has abandoned plans to find a backer for its asset management arm, and intends to cut 30 staff from the division…Wed Sept 24 2008 - 01:00
Punch's parent company up for saleTHE OWNER of Irish cleaning products manufacturer Punch Industries is for sale with a €700 million price tag.Wed Sept 24 2008 - 01:00
Liquidity of banks may be boostedTHE DEPARTMENT of Finance is understood to be considering budget measures that would boost Irish banks' cash in a bid to ease…Sat Sept 20 2008 - 01:00
Consortium wins Fermanagh hospital dealA CONSORTIUM including builder P Elliott and AIB has won a €380 million-plus contract to build a new hospital in Enniskillen, …Sat Sept 20 2008 - 01:00
Talks could lead to sale of EircomTALKS ARE set to get under way on a management change at Eircom's owner that sources believe could lead to the telecom company…Sat Sept 20 2008 - 01:00
Supply chain firm PCH raises €21mMANUFACTURING AND supply chain group PCH has raised €21 million from three leading Silicon Valley venture capitalists.Thu Sept 18 2008 - 01:00
Profits at Origin increase to €71mPROFITS AT the agribusiness group behind Roma foods and Odlums flour came close to €71 million in its last financial year, results…Thu Sept 18 2008 - 01:00
Plan to open power grid to green generators could cost €400mTHE STATE energy regulator’s plans to open up the national grid to “green” electricity generators could cost consumers €400 million…Wed Sept 17 2008 - 01:00
Banks hit as Dublin market plunges 4.7%Financial stocks tumbled again on the Dublin market today, dragging the Iseq index of Irish shares down by almost 5 per cent …Wed Sept 17 2008 - 01:00
Fallout from Lehman collapse hits Dublin marketDUBLIN REPORT: Iseq: 4,205.67 (-139Tue Sept 16 2008 - 01:00
Kentz looking at possible acquisition in USIRISH-MALAYSIAN engineering group Kentz is running the rule over a possible acquisition in the US.Tue Sept 16 2008 - 01:00
