ICG shares dive 23% as consortium shelves bidIRISH CONTINENTAL Group’s (ICG) share price collapsed by 23.8 per cent yesterday to a 41-month low of €10Thu Apr 30 2009 - 01:00
Aer Arann salaries to drop 7%AER ARANN intends to cut salaries at the airline by an average of 7 per cent, as the latest measure aimed at achieving costs …Wed Apr 29 2009 - 01:00
Aer Lingus facing €100m loss as revenues decline 16%AER LINGUS is expected to record an operating loss of more than €100 million this year after warning that the level of bookings…Wed Apr 29 2009 - 01:00
UPC says State should not buy EircomTHE HEAD of one of Ireland’s biggest broadband providers said yesterday that debt-laden Eircom,which is up for sale, should not…Wed Apr 29 2009 - 01:00
O'Brien says '50-50 chance' INM bond is refinancedDENIS O’BRIEN, Independent News Media’s second-biggest shareholder, said yesterday that there was only a “50-50 chance” of the…Sat Apr 25 2009 - 01:00
Airport authority expects passenger numbers to fall 11%THE DUBLIN Airport Authority (DAA) expects passengers numbers at Dublin, Cork and Shannon airports to decline by 11 per cent …Sat Apr 25 2009 - 01:00
Group may not pay bonuses to sales staffEIRCOM IS considering not paying bonus commissions to sales staff for business generated in the first three months of 2009.Sat Apr 25 2009 - 01:00
DAA predicts fall in passenger numbersThe Dublin Airport Authority expects passengers numbers at Dublin, Cork and Shannon airports to decline by 11 per cent this year…Fri Apr 24 2009 - 01:00
RTE introduces new pricing system for its TV advertisingRTÉ HAS introduced a new pricing system for its television advertising that it hopes will put a floor on this income stream, …Fri Apr 24 2009 - 01:00
Telco Smart looks for buyerCAVAN-BASED businessman Brendan Murtagh has engaged advisers to find a buyer or strategic partner for Smart Telecom, the Dublin…Fri Apr 24 2009 - 01:00
Consortium close to making bid for ICGADVISERS TO the Moonduster consortium and Eamonn Rothwell are expected to spend the weekend trying to finalise a bid for listed…Sat Apr 18 2009 - 01:00
Eircom tells unions of plan to cut 1,250 jobs in restructuringEIRCOM HAS told its trade unions that it wants to cut 1,250 jobs from its 7,500-strong workforce over the next 18 months as part…Sat Apr 18 2009 - 01:00
NCB to make 15 to 20 staff redundantNCB STOCKBROKERS is to make 15 to 20 staff redundant in a bid to trim its cost base.Sat Apr 18 2009 - 01:00
€95m takeover bid for Eircom by former Babcock executivesAN AUSTRALIAN-BASED group of former Babcock Brown executives yesterday tabled a A$175 million (€95 million) cash offer for the…Fri Apr 17 2009 - 01:00
Treasury's generates new plan for Battersea stationTREASURY HOLDINGS appears to have abandoned plans for a 250-metre “eco-chimney” as part of its redevelopment of the iconic Battersea…Fri Apr 17 2009 - 01:00
RDS backs a winner as turnover increases 19%SEVERAL YEARS of investment in its prime 44-acre Ballsbridge site appears to be paying off for the Royal Dublin Society.Fri Apr 17 2009 - 01:00
RSA beats recession gloom by acquiring BenchmarkINSURANCE GROUP RSA has acquired Benchmark Underwriting Ltd, proving that some merger and acquisition activity is getting across…Fri Apr 17 2009 - 01:00
Nairobi commuters won't want tardiness on their trainsTHE ON-AGAIN off-again saga of the metro link to Dublin airport rumbles on, but that has not stopped Ireland stepping in to help…Fri Apr 17 2009 - 01:00
Former Ryanair boss leading one of four bids for SR TechnicsFORMER RYANAIR executive Conor McCarthy is leading one of the four bids being actively considered by SR Technics to acquire its…Sat Apr 04 2009 - 01:00
Leading law firm makes 17 redundantLEADING IRISH law firm William Fry has made 17 staff redundant and introduced pay cuts of up to 10 per cent in response to the…Sat Apr 04 2009 - 01:00
Budget Travel forecasts 30% drop in businessBUDGET TRAVEL, Ireland’s biggest package holiday operator, expects to record a 30 per cent decline in business volumes this year…Thu Apr 02 2009 - 01:00
Johnston Press shortlists three biddersTHREE GROUPS have been shortlisted by British media company Johnston Press to make final bids for its Irish regional newspapers…Thu Apr 02 2009 - 01:00
Eircom staff will be asked to take voluntary pay cutEIRCOM WORKERS are to be asked to take voluntary pay cuts that will last until June 30th, 2011Wed Apr 01 2009 - 01:00
C&C's head of its British business to leaveCLONMEL-BASED cider maker C&C yesterday announced that John Holberry, the managing director of its British business, will…Tue Mar 31 2009 - 01:00
Unions agree deal as 394 Superquinn jobs goTHE OWNERS of grocery retailer Superquinn have agreed to give its workers 1Sat Mar 28 2009 - 00:00
Gordon leaves MKC to set up new firmPUBLIC RELATIONS executive Ray Gordon has resigned as managing director of Dublin-based MKC Communications to set up his own …Sat Mar 28 2009 - 00:00
Informal approach made to ThirdforceIrish listed e-learning group Thirdforce has received an approach for the business, The Irish Times has learned.Sat Mar 28 2009 - 00:00
Aer Lingus seeks to swap long-haul for short-haulAER LINGUS’S finance director Seán Coyle has told investors that the airline is considering asking Airbus to allow it swap planned…Sat Mar 28 2009 - 00:00
ONE MORE THINGAbu Dhabi-based airline surprises with Dublin expansion; Merrion says resizing of fleet could be on cards at Aer Lingus; Travelodge…Fri Mar 27 2009 - 00:00
Moonduster gets until April 20th to make bidTHE IRISH Takeover Panel has set April 20th as the deadline for the Moonduster consortium to make a bid for ferry operator Irish…Fri Mar 27 2009 - 00:00
Unions accuse Eircom of U-turn on pay cut dealTRADE UNIONS at Eircom have accused the telecommunications group of reneging on an agreement not to seek voluntary pay cuts from…Thu Mar 26 2009 - 00:00
Former SRT chief in joint proposalA JOINT proposal from Setanta Sports executive Mark O’Meara and former SR Technics (SRT) chief Bernard Hensey has emerged as …Wed Mar 25 2009 - 00:00
One more thingLittle to elate Elan shareholders; ICG board must stick or twist; PR industry has a hard sellFri Mar 20 2009 - 00:00
Barclays in talks with Moonduster groupBRITAIN’S BARCLAYS Bank is in talks with Eamonn Rothwell and the Philip Lynch-led Moonduster consortium about supporting their…Fri Mar 20 2009 - 00:00
Rothwell-Moonduster seek more time for ICG bidEAMONN ROTHWELL and the Philip Lynch-led Moonduster consortium have requested an extension to the deadline for them to make an…Thu Mar 19 2009 - 00:00
Rothwell and Moonduster set to bid for ICGEAMONN ROTHWELL and the Philip Lynch-led Moonduster consortium are preparing to table a joint bid of up to €15 a share for listed…Wed Mar 18 2009 - 00:00
Setanta investment written downTWO OF Setanta Sport’s biggest shareholders have written down their investments in the Dublin-based pay TV broadcaster following…Tue Mar 17 2009 - 00:00
Ryanair to cut back on flights from DublinRYANAIR CHIEF executive Michael O’Leary yesterday said the airline would continue to pare back its services from Dublin airport…Tue Mar 17 2009 - 00:00
DAA expects decline in passengers due to recessionTHE DUBLIN Airport Authority (DAA) has told the aviation regulator that it expects passenger traffic at Dublin airport to decline…Mon Mar 16 2009 - 00:00
Claret, SRT managers could bid for businessA GROUP of senior managers at SR Technics’s aircraft maintenance facility in Dublin is believed to have teamed up with Irish …Mon Mar 16 2009 - 00:00
Former bosses seek control of PayzoneFORMER PAYZONE executives John Nagle and John Williamson, who were sacked by the group last March, are preparing to wrestle control…Fri Mar 13 2009 - 00:00
UTV shares up 29% in Dublin despite advertising concernsSHARES IN Belfast-based broadcaster UTV rose by 29 per cent in Dublin yesterday in spite of the company warning of sharp declines…Fri Mar 13 2009 - 00:00
Johnston Press not expected to sell Irish papers as job lotBRITISH MEDIA group Johnston Press is not expected to sell its Irish regional newspapers as a job lot, according to industry …Thu Mar 12 2009 - 00:00
Digicel seals $335m corporate bond dealDENIS O’BRIEN’S Caribbean-based mobile phone group Digicel yesterday confirmed that it has completed a $335 million (€260 million…Thu Mar 12 2009 - 00:00
Aer Lingus reports loss of €120m before tax due to exceptional chargesAER LINGUS could record an operating loss of up to €55 million if fares continue to be driven down by the recession, the company…Thu Mar 12 2009 - 00:00
Revenue of almost €3bn drives Topaz operating profitIRISH-OWNED fuel provider Topaz Energy increased turnover by 20 per cent and more than doubled its operating profit in its first…Wed Mar 11 2009 - 00:00
Digicel fails to raise $435m in fundsDENIS O’BRIEN has come up shy in his attempt to raise $435 million (€344 million) for his Digicel mobile phone operations in …Tue Mar 10 2009 - 00:00
ICG board sets deadline for bid by consortiumTHE BOARD of Irish Continental Group (ICG) has set March 18th as the deadline for its chief executive Eamonn Rothwell and the…Tue Mar 10 2009 - 00:00
Ferry takeover looks ready for launch if banks provide fundsANALYSIS: AFTER SEVERAL months of just drifting along, there is finally some movement in the long-running takeover saga that…Tue Mar 10 2009 - 00:00
Big cuts in car parking rates at Dublin airportCAR PARKING rates at Dublin airport have been slashed as the State-owned Dublin Airport Authority (DAA) and private operator …Sat Mar 07 2009 - 00:00
