Payzone forecasts €30m loss for current yearELECTRONIC PAYMENTS group Payzone expects to lose €30 million this year, and is planning to raise €40 million from investors …Wed May 21 2008 - 01:00
Risk of loss led to McNamara PPP pulloutANALYSIS: Bernard McNamara has been cashing in assets over the last two monthsTue May 20 2008 - 01:00
REO reports finances are solidTHE TREASURY Holdings-backed property vehicle, Real Estate Opportunities (REO) yesterday reported that its financial position…Tue May 20 2008 - 01:00
Ladbrokes' Irish business grows 40% after acquisitionBOOKMAKER LADBROKES' Irish business has grown 40 per cent this year on the back of an expansion that included its €181 million…Sat May 17 2008 - 01:00
Horizon accepts Avnet's EUR101m bidHORIZON TECHNOLOGY'S main shareholders have already accepted US group Avnet's €101 million bid for the business, according to…Sat May 17 2008 - 01:00
Businesses fear ESB price plan may push bills up 35%AN ESB plan to change the system it uses for charging some business customers could drive up their bills by as much as 35 per…Sat May 17 2008 - 01:00
Paddy Power says operating profit to reach EUR82m in 2008LISTED BOOKMAKER Paddy Power expects this year's operating profits to be €82 million, well ahead of current forecasts for the…Fri May 16 2008 - 01:00
McInerney to cut EUR30m in costs amid downturnHOUSE BUILDER McInerney Holdings is cutting €30 million in costs in a move to combat the construction downturn.Fri May 16 2008 - 01:00
Bord Gais expects to be a big power in the electricity marketANALYSIS: Bord Gáis is to spend €2 billion rebuilding itself into a modern 'dual-fuel' utilityThu May 15 2008 - 01:00
Gas price set to increase by up to 19% from OctoberMORE THAN half a million households could face an average increase of €13Thu May 15 2008 - 01:00
Airtricity in EUR1.6bn wind farm dealIRISH-BASED alternative energy company Airtricity is investing €1Thu May 15 2008 - 01:00
Minister awards airlines public service contractsLOW-COST carrier Ryanair has outbid competitors such as Aer Arann for a State-funded contract to operate daily flights between…Wed May 14 2008 - 01:00
Household debt rose by €21bn to €197bn in 2007, CSO findsMORTGAGES AND other debts totalling €197.3 billion left the Republic's households in the red last year, new figures show.Wed May 14 2008 - 01:00
Consumers face major hike in ESB and gas billsCONSUMERS ARE facing a substantial hike in energy costs next year as fuel prices hit suppliers such as the ESB and Bord Gáis…Tue May 13 2008 - 01:00
Qualceram first-half profits down on last yearBATHROOM FITTINGS company Qualceram warned yesterday that first-half profits would be 30 per cent less than the €1Tue May 13 2008 - 01:00
Downturn in house building to hit profits at GraftonTHE FALL in house building has hit profits at building materials and DIY group, Grafton, the company warned yesterday.Fri May 09 2008 - 01:00
'Belfast Telegraph' subsidising losses of INM British operations, says NUJA trade union has accused the Sir Anthony O’Reilly-led Independent News Media (INM) group of subsidising losses from its British…Fri May 09 2008 - 01:00
CRH warns on falling profits in major marketsCRH WARNED yesterday that profits are falling in many of its main markets, but said it still hoped to meet its growth forecasts…Thu May 08 2008 - 01:00
Tullow shares up 25% on oil find off GhanaSHARES IN exploration group Tullow surged by 25 per cent to an all-time high yesterday as the company announced that it has discovered…Wed May 07 2008 - 01:00
Weak sterling dents strong profit growth at United DrugPROFITS AT pharmaceutical distributor and wholesaler, United Drug, topped €30 million in the first half of its financial year…Wed May 07 2008 - 01:00
Eirgrid chief calls for ESB to be split upTHE CHIEF executive of one of the Republic's State power supply companies says the ESB should be broken up as a matter of urgency…Mon May 05 2008 - 01:00
Mulryan-backed firm buys 47 New York sitesTHE SÉAN Mulryan and Paddy Kelly-backed Markland Holdings has bought 47 New York properties from Citibank for close to €60 million…Sat May 03 2008 - 01:00
Bioenergy group gets go-ahead for Northwich facilityBUSINESSMAN BILL McCabe's alternative energy operation has got planning permission for a €45 million facility in Cheshire in …Sat May 03 2008 - 01:00
Las Vegas developer sues Irish company over projectA COMPANY backed by businessman Pat Doherty and former broadcaster Mike Murphy is facing a legal battle in the US over a €500…Fri May 02 2008 - 01:00
Readymix posts loss of €3.9m for first quarterBUILDING MATERIALS group Readymix estimates it lost €3.9 million during the first three months of the year.Fri May 02 2008 - 01:00
Money grows on trees as Coillte profits increase 79%PROFITS AT State forestry company Coillte grew 79 per cent last year to top €40 million, driven partly by exports of timber construction…Thu May 01 2008 - 01:00
Renault agent's €3m profit fell to €4m lossSTRONG COMPETITION hit businessman Bill Cullen's motor distributors operation in 2006, leaving it with a loss of €4 million, …Sat Apr 19 2008 - 01:00
NTR in €63m American energy dealUTILITY AND waste management specialist NTR looks set to seek other acquisitions in the US to follow the €63 million deal it …Fri Apr 18 2008 - 01:00
Shire Pharmaceuticals avails of McCreevy incentive measureANALYSIS: SHIRE PHARMACEUTICALS' decision to become a Republic of Ireland tax resident will not create any new jobs here, but…Wed Apr 16 2008 - 01:00
British drug firm to become tax resident in IrelandA BRITISH multinational has announced plans to shift its base to Dublin to avail of the Republic's favourable corporate tax regime…Wed Apr 16 2008 - 01:00
Project Management wins €250m Wyeth contractTHE FIRM overseeing the redevelopment of Lansdowne Road stadium, Project Management, has won a €250 million contract with US …Tue Apr 15 2008 - 01:00
Murdoch's son Lachlan linked to possible bid for APNLACHLAN MURDOCH, the son of media tycoon Rupert Murdoch, has been tipped in the Australian media as a possible bidder for APN…Thu Apr 10 2008 - 01:00
Financials and construction among day's biggest losersMARKET REPORT: LEADING IRISH stocks surrendered some more ground yesterday, dragged down by poorly performing financials in …Thu Apr 10 2008 - 01:00
Consumer sentiment staticIRISH SHOPPERS may not radically curtail their spending this year, the results of a survey released yesterday indicate.Thu Apr 10 2008 - 01:00
House prices show signs of stabilising, says NIBHOUSE PRICES in the Republic are showing signs that they are about to stop falling, National Irish Bank said yesterday.Wed Apr 09 2008 - 01:00
Anglo Irish among losers as financials dragged downMARKET REPORT: POORLY PERFORMING financial stocks in London and Europe dragged down the Irish banks yesterday, leaving the …Wed Apr 09 2008 - 01:00
Value of Q1 takeover deals plunges 30% to €2.9bnTHE VALUE of Irish takeover deals plummeted by 30 per cent to €2Wed Apr 09 2008 - 01:00
Supervalu sees sales rise 10% to €2.2bn and plans eight new storesSALES AT the Musgrave-owned supermarket franchise, Supervalu, grew 10 per cent last year to €2Tue Apr 08 2008 - 01:00
Warning on climate change threat to industrySIX KEY industries are under threat from climate change, but are not prepared for the risks that it poses, a conference heard…Sat Apr 05 2008 - 01:00
Profits at Goodman British firm top €21mPROFITS AT a British arm of Larry Goodman's meat processing operations topped €21 million last year, according to the latest …Sat Apr 05 2008 - 01:00
House prices to fall 6% with little sign of recovery in 2009, says analystIRISH HOUSE prices are set to fall by 6 per cent this year and are unlikely to recover in 2009, according to a leading international…Thu Apr 03 2008 - 01:00
Accounts show Kentz profits grow by 37% to almost €22mPROFITS AT recently floated engineering group Kentz grew by 37 per cent last year to almost €22 million, according to its first…Tue Apr 01 2008 - 01:00
FL Partners buys Tomsburg GroupVENTURE CAPITAL player FL Partners has bought the Cavan-based power tool manufacturer, Tomsburg Group, for an undisclosed sum…Tue Apr 01 2008 - 01:00
Treasury-backed REO's assets up 50% to €2.4bnTHE VALUE of properties owned by the Treasury Holdings-backed quoted vehicle, Real Estate Opportunities (REO), was close to £…Tue Apr 01 2008 - 01:00
Northern Ireland Energy Holdings set to buy PhoenixNORTHERN IRELAND Energy Holdings (NIEH) is set to buy Phoenix Natural Gas in a €125 million deal.Tue Apr 01 2008 - 01:00
Trade lags rest of Europe as Iseq drops 95 pointsMARKET REPORT: THE IRISH market underperformed the rest of Europe on a day when dealers said volumes were light and sellers …Sat Mar 29 2008 - 00:00
Value of CREO properties up 11%THE VALUE of Treasury Holdings-backed China Real Estate Opportunities' (CREO) properties grew 11 per cent to more than stg£600…Thu Mar 27 2008 - 00:00
Oil rigs will cost companies up to $600,000 a dayOFFSHORE EXPLORATION companies face daily bills of up to $600,000 for oil rigs for "years to come", according to one leading …Mon Mar 24 2008 - 00:00
