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Market Report

The silly season slowdown continued on the Dublin market yesterday, with dealers describing activity as slow.

Tue Aug 24 2004 - 01:00

MARKET REPORT

A slowdown in company news to a trickle set the Dublin market drifting yesterday. The ISEQ Index dropped 6

Sat Aug 21 2004 - 01:00

Accountants beware - the new scrutineer has arrived

Ian Drennan, the chief executive designate of the body set up to act as a watchdog over the accountancy profession, has probably…

Fri Aug 20 2004 - 01:00

CNG buys brand and assests of US rival Placestostay

Listed online reservations specialist CNG Travel has paid $12

Fri Aug 20 2004 - 01:00

McCauley Group to post sales of €48 million

Independent pharmacy chain, Sam McCauley Group, is set to post a turnover of €48 million at the end of its current financial …

Fri Aug 20 2004 - 01:00

Fuel group bought in €10m deal

Privately held fuel importer and distributor, Stafford Holdings, has bought the Clarke Group oil and home heating business in…

Thu Aug 19 2004 - 01:00

Barchester plans Westminster bid

Barchester, the UK nursing home group controlled by Irish stud farm boss Mr John Magnier and financiers Mr JP McManus and Mr …

Wed Aug 18 2004 - 01:00

ADM Londis set to open 15 new stores

Convenience store chain ADM Londis plans to open 15 new stores and create 300 jobs before before the end of the year.

Wed Aug 18 2004 - 01:00

Temple Bar heading for row over trademark

State-backed Temple Bar Properties is heading for a dispute with one of its tenants over the trademark rights of a design company…

Mon Aug 16 2004 - 01:00

Housing starts top 25,000 in first six months of 2004

There was further evidence yesterday that the number of new homes being built in the State is heading for a record, with the …

Tue Aug 10 2004 - 01:00

Goffs reports annual earnings of ?2 million

Bloodstock auctioneer Goffs yesterday reported that it made profits of almost €2 million in the year to the end of March.

Sat Aug 07 2004 - 01:00

Fayrewood profits rise by 42%

London-listed IT distributor Fayrewood, in which the Irish businessman Mr Pierce Casey has a stake, yesterday posted record results…

Fri Aug 06 2004 - 01:00

Expectations mount that NAB will sell NIB operation

Expectations were growing yesterday that National Irish Bank (NIB) would be sold as its parent company reached the halfway stage…

Fri Aug 06 2004 - 01:00

Quinn confirms Athlone Extrusions buyout

The management of plastics manufacturer, Athlone Extrusions, has bought the company from the Quinn Group in a deal said to be…

Fri Aug 06 2004 - 01:00

Better margins push NTL Ireland profits up €1m

Improved margins and lower bad debt charges delivered an extra €1 million in profits for cable company NTL Ireland in the three…

Thu Aug 05 2004 - 01:00

Former NIB manager to resign from ombudsman board

A former National Irish Bank (NIB) manager, who was found by High Court inspectors to have failed to ensure that its branches…

Thu Aug 05 2004 - 01:00

Jacob's bought up by Irish business

Privately held Fruitfield Foods is to take over French giant Danone's Irish biscuit business in a deal estimated by market sources…

Wed Aug 04 2004 - 01:00

Eircom to pay back €409,000 to customers it overcharged

The country's biggest fixed-line telecoms operator, Eircom, revealed yesterday that it will refund €409,000 to 31,562 customers…

Wed Aug 04 2004 - 01:00

Bank let customers use bogus accounts and fictitious names

Tax avoidance National Irish Bank used a series of bogus and fictitiously-named accounts to allow customers to evade Deposit…

Sat Jul 31 2004 - 01:00

Auditors missed chance on tax issue

KPMG's role National Irish Bank's (NIB) former auditors, KPMG, should have done more to get the financial institution's management…

Sat Jul 31 2004 - 01:00

NIB may face prosecution after inquiry

Press conference National Irish Bank (NIB) and its financial services subsidiary may face prosecution as a result of the High…

Sat Jul 31 2004 - 01:00

MBO team cuts offer for Oglesby

The executives planning to buy out listed manufacturing company Oglesby and Butler yesterday said they were likely to cut their…

Fri Jul 30 2004 - 01:00

Jury's Doyle to invest €30m in Croke Park hotel

Jury's Doyle is to invest €30 million developing a hotel at a site facing the main entrance to Croke Park after agreeing a lease…

Fri Jul 30 2004 - 01:00

SIPTU to vote on strike action at Aer Lingus

Members of Aer Lingus's biggest union are to be asked to vote on strike action to prevent the airline's management from unilaterally…

Thu Jul 29 2004 - 01:00

Trinity Biotech blames increased staff costs for 50% cut in profits

Increased staff costs cut first-half profits at Irish diagnostics specialist Trinity Biotech by 50 per cent to $2 million (€1…

Thu Jul 29 2004 - 01:00

Petrel battles for Iraq contracts

Petrel Resources, the listed explorer chaired by Mr John Teeling, warned yesterday that it continued to face political risks …

Thu Jul 29 2004 - 01:00

House price growth hits three-year low

House prices rose by over 11 per cent in the 12 months to the end of last June, but figures published yesterday show that the…

Sat Jul 24 2004 - 01:00

New restructuring plan at Aer Lingus may cut 1,300 jobs

Aer Lingus's new restructuring plan is likely to include cuts of 250 jobs from permanent cabin crew, 150 ground-handling jobs…

Sat Jul 24 2004 - 01:00

Controversial tax exemption for horse breeding makes more than it takes

Report findings that the bloodstock industry is actually a net tax contributor by a significant margin will be carefully scrutinised…

Fri Jul 23 2004 - 01:00

Captains of industry salute 'one of the best'

Business leaders and organisations yesterday paid tribute to the Minister for Finance on his nomination to the European Commission…

Thu Jul 22 2004 - 01:00

Racehorse breeding pays '€37m in tax'

The racehorse breeding industry contributes more than €37 million a year to the Exchequer, while the controversial stud fee exemption…

Thu Jul 22 2004 - 01:00

A State spending 'splurge' could hit economy

A politically motivated spending spree sparked by the Government's recent poor electoral performance is the biggest threat to…

Thu Jul 22 2004 - 01:00

Arcon may turn profit this year

Executives in mining company Arcon told shareholders yesterday that they were hopeful the company could make a profit for the…

Tue Jul 20 2004 - 01:00

TV3 nets Eur5.5m for CanWest

TV3's majority shareholder, CanWest, earned €5

Sat Jul 17 2004 - 01:00

Lawyers query Bill with Taoiseach

Lawyers working for an Aer Rianta director have written to the Taoiseach, Mr Ahern, expressing concern at what they contend is…

Sat Jul 17 2004 - 01:00

Fexco buys rest of its online booking business

Cash services and payments specialist Fexco announced yesterday that it has bought the remaining 26 per cent in its online reservations…

Sat Jul 17 2004 - 01:00

Aer Rianta terms threat to break-up

Aer Rianta's loan agreements specifically prevent the State company from giving up ownership of both Shannon and Cork Airports…

Thu Jul 15 2004 - 01:00

Kenmare ready to begin African project

Exploration group Kenmare Resources said yesterday that it expected to begin work on its African titanium mining project "within…

Thu Jul 15 2004 - 01:00

Irish exports to US to surpass €24bn

Irish exports to the US are set to exceed $30 billion (€24

Thu Jul 15 2004 - 01:00

Aer Rianta director pledges court action to stop break-up

An Aer Rianta director pledged yesterday to go to court if necessary to stop the break up of the State airports company into …

Tue Jul 13 2004 - 01:00

Phantom bid gets MCD backing

MCD boss Mr Denis Desmond and U2 manager, Mr Paul McGuinness are backing the former pirate broadcaster, Phantom FM, in its bid…

Sat Jul 10 2004 - 01:00

Union veteran takes over top post in CWU

A former postman who began his rise through trade union ranks during the bitter postal dispute of 1979 will take over the top…

Sat Jul 10 2004 - 01:00

Debt worries persist despite IWP profit

Dublin-listed toiletries group IWP earned pre-tax profits of €1

Sat Jul 10 2004 - 01:00

Value of claim against Baltimore may hit €20m

The London-listed company that is seeking a repayment and damages from Baltimore Technologies plc for breach of contract said…

Fri Jul 09 2004 - 01:00

DCC eyeing healthcare acquisitions

Industrial holding group DCC is eyeing a number of potential acquisitions in the healthcare sector, according to chief executive…

Fri Jul 09 2004 - 01:00

Oil price drives inflation to 2.3%

High oil prices drove the yearly rate of inflation to 2.3 per cent in June, an increase of 0

Fri Jul 09 2004 - 01:00

Job cuts at Aer Lingus still on cards as plan proceeds

Aer Lingus last night pledged to continue with the implementation of a new business plan that will see the airline cut hundreds…

Fri Jul 09 2004 - 01:00

Management capability

The Government is going to divert 20 million from State development agencies to fund business networks that will focus on developing…

Thu Jul 08 2004 - 01:00

Three firms bid for conference centre contract

Three groups, including long-time bidder Treasury Holdings, are set to enter the competition for the contract to build the National…

Thu Jul 08 2004 - 01:00

DCC acquires British wine sales business Bottle Green for €37.3m

Industrial holding company DCC has bought a British wine sales business for up to €37

Thu Jul 08 2004 - 01:00
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