AIB plans to buy back €1bn of shares from State amid spike in profitsBank’s net profit surges more 170% to more than €2bn as it records strongest financial performance in its historyWed Mar 06 2024 - 07:21
Spain’s Cellnex sells Irish telecom masts unit for €971m to Phoenix TowerPhoenix entered the Republic in 2020 buying Emerald Tower, which owns over 650 mobile masts, for €300 million from EirTue Mar 05 2024 - 15:57
Aryzta shares rise on better-than-expected earningsCuisine de France owner sees revenue jump to €2.2bnMon Mar 04 2024 - 19:09
State’s AIB stake dips below 40% ahead of bank’s full-year resultsAIB due to publish annual results on Wednesday, with analysts expecting chief executive to announce use of some surplus capital to buy more shares back from StateMon Mar 04 2024 - 18:21
Will CRH break with tradition and look stateside for next CEO?Building materials giant switched its primary listing to New York Stock Exchange in SeptemberSat Mar 02 2024 - 06:00
Irish stock market trading turnover slumps 30% in February after CRH and Flutter exitsIrish equities trading turnover last month equated to a daily average of €183.3m, down from €261.3m a year agoSat Mar 02 2024 - 06:00
Corre Energy director quits amid UK tax allegationsDarren Patrick-Green, the company’s largest shareholder, is to step down with immediate effectThu Feb 29 2024 - 19:38
Goodbody fined €1.23m by Central Bank for breach of market abuse lawsCentral Bank found Goodbody had failed to put in place an effective framework to monitor suspicious trading activityThu Feb 29 2024 - 12:23
Dundrum shopping centre co-owner Hammerson takes 5.5% hit on Irish propertiesTalks to refinance €600 million of secured Dundrum loans “are progressing” ahead of the loans maturing in SeptemberThu Feb 29 2024 - 10:22
CRH shares hit record high on upbeat outlook and €32.3bn spending plans Building materials giant sees earnings this year increasing to as much as €6.34bn on the back of a strong 2023 performanceThu Feb 29 2024 - 07:31
Starwood reticent on Ires strategy after building up 1.5% stakeUS investment firm with €106 billion of assets under management declined to shed light on Ires investment strategyThu Feb 29 2024 - 05:30
Karl Deeter-led OnlineApplication buys insurance tech firm Money AdviceMove takes total employment at Deeter’s firm to 25 and deal is expected to double its revenuesTue Feb 27 2024 - 06:00
Dividends bonanza at Bank of Ireland offset by money set aside for potential loan lossesChief executive lives up to pledge not to hoard excess capitalMon Feb 26 2024 - 19:49
Bank of Ireland shares slump on outlook after unveiling €1.15bn investor payouts Bank’s pretax profit for the year rose to €1.94bn from €1.01bn for 2022, with net interest income rising 48 per centMon Feb 26 2024 - 08:31
Irish gene therapy specialist eyes multimillion fundraising to expandHigh cost of cell and gene therapies often dwarfed by lifetime cost of otherwise treating patientMon Feb 26 2024 - 05:00
Stocks march to own tune as other financial markets pare back rate-cut hopesHistory has warned that the last stage of returning inflation to central bank targets is often the most difficultSat Feb 24 2024 - 08:00
Ires net loss widens amid higher interest ratesIreland’s largest private-sector landlord sold €96.5m of property last year to help keep its debt burden under Reit limit of 50%Fri Feb 23 2024 - 08:13
First banker faces inquiry for alleged tracker role as banks still fight compensation casesPublic inquiry into conduct of former PTSB chief executive David Guinane began this week, but tracker scandal is far from overFri Feb 23 2024 - 06:00
PTSB dealing with ‘lots of fires’ when 2009 tracker decision taken, inquiry hearsFormer chief executive David Guinane is the subject of an inquiry into his alleged role in the industry-wide tracker issueThu Feb 22 2024 - 17:36
Azets Ireland to merge with PKF O’Connor, Leddy & HolmesTie-up marks an acceleration of consolidation within the Irish accounting sectorWed Feb 21 2024 - 16:18
Former PTSB chief being ‘singled out’ in tracker inquiry, hearing toldExamination to determine whether David Guinane and lender participated in a regulatory breachWed Feb 21 2024 - 13:25
Mainstream cedes 10% stake in Chile portfolio to junior lender in debt restructuring Dublin-based renewable energy group agreed the restructuring with Ares Management by converting certain loans into equityWed Feb 21 2024 - 05:34
Ires founder Capreit continues to cut stake after EGMInvestment firm had backed attempt to replace five directors at egmTue Feb 20 2024 - 16:34
The banker Kenmare hired decade ago to thwart takeover now holds key as some investors seek saleInvestment banker Andrew Webb is facing pressure from parts of the shareholder base to surrender the mining company’s independenceSat Feb 17 2024 - 05:59
Ires defeats attempted boardroom coup at showdown egmMost investors that voted by proxy before meeting cast ballots against activist shareholder resolutionsFri Feb 16 2024 - 20:10
Ires dissident shareholder lost egm battle but may still win the war for sale of property groupVision Capital’s egm motions were defeated but Ires has committed to a strategic review that could ultimately see the Irish private sector landlord sold or broken upFri Feb 16 2024 - 18:38
Ires shares tread water ahead of crucial EGM on FridayActivist investor is seeks to replace five board members and push through resolution aimed at sale or breakup of companyThu Feb 15 2024 - 18:45
Central Bank to review ‘fitness and probity process after ‘flawed’ decisionBank has commissioned an independent review of its processThu Feb 15 2024 - 14:26
Kenmare investor JO Hambro calls for strategic review as it favours saleShares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before ChristmasThu Feb 15 2024 - 05:00
Upcoming Irish and overseas elections may affect M&A activity this year, William Fry warnsFalling interest rates may offer some support but acquirers are wary of policy changes here and abroadThu Feb 15 2024 - 05:00
LloydsPharmacy moves for renewed McCabes takeover bidPharmacy group hit a snag with original competition filing, rejected by authoritiesWed Feb 14 2024 - 13:35
Ires says issue over EGM votes resolved ahead of deadlineIssues had been identified last week with votes cast via platform provider Broadridge Financial SolutionsWed Feb 14 2024 - 09:17
FBD says 2023 pretax profit will hit expectations-beating €80mUpgraded forecast for full-year results that will be published on March 8th would mark third year of significant outperformanceTue Feb 13 2024 - 19:03
Eir likely to scale back dividends after €2bn in payouts since French takeover, says Moody’sRatings agency expects dividends to fall to no more than €150m this year and next as it raises outlook on telecom’s junk-rated debtTue Feb 13 2024 - 17:54
Denis O’Brien on track to make over €100m profit in sale of Beacon HospitalDeal marks further shrinking of businessman’s empire as Australian financial services giant Macquarie to pay €400m for facilityTue Feb 13 2024 - 16:22
Denis O’Brien’s Beacon Hospital sold to Macquarie for estimated €400m Sale of Dublin hospital, which treats more than 200,000 patients annually, could net businessman profit of €100m before taxTue Feb 13 2024 - 08:27
Ryanair truce with online travel agencies keeps O’Leary on flightpath to €100m paydayChief executive has walked back before from trenchantly held positionsSat Feb 03 2024 - 06:15
Ires board backed by influential investor advisory firm before egmThe board of Ires Reit has received a boost from an influential investor advisory firm ahead of an extraordinary general meeting (egm) this monthThu Feb 01 2024 - 20:06
Roy Barrett exits chief executive role at Tommy Kelly’s CastleGate InvestmentsFormer head of Goodbody Stockbrokers hired in 2021 to set up ecommerce entrepreneur’s investment firmThu Feb 01 2024 - 18:10
Humphreys doubles down on auto-enrolment pensions scheme this yearMinister plans to launch request for tender on Friday to shortlisted firms to build landmark pensions system and publish enabling draft legislation in MarchThu Feb 01 2024 - 11:39
FAI chair Tony Keohane set to head up new insurer’s boardOUTsurance DAC plans to enter Irish motor and home insurance market in first half of this yearThu Feb 01 2024 - 06:00
Dissident Ires founder sought extra fees in failed management deal talksCanadian firm set to support planned boardroom coup at property groupThu Feb 01 2024 - 06:00
Cathal Friel-chaired green metals company hires broker for London IPOFlotation of Irish-run company could take place as soon as MarchWed Jan 31 2024 - 06:00
Non-bank lenders ICS Mortgages and Finance Ireland reboot loans offeringFirms had tightened lending conditions and increased interest rates amid ECB hikesWed Jan 31 2024 - 06:00
Macquarie and four other groups picked for mortgage-to-rent rebootAustralian bank, private sector groups and approved housing bodies selected by Coalition to deal with loans that have no prospect of being repaidTue Jan 30 2024 - 05:51
Cantor Fitzgerald Ireland taps BofI executive amid plan to double revenuesÁine Cornally set to join Cantor Fitzgerald Ireland’s leadership team to assume the role of chief operating officerTue Jan 30 2024 - 05:24
Digicel completes restructuring that cuts O’Brien stake to 10%Denis O'Brien's holding may double to 20% should warrants attached to the restructuring ultimately be triggeredMon Jan 29 2024 - 19:59
Flutter shares advance on first day of Wall Street tradingParent company of Paddy Power and Betfair has cancelled Irish listingMon Jan 29 2024 - 15:23
HealthBeacon rescue plan to seek court nod after creditors’ supportUS-based Hamilton Breach Brands is poised to take over embattled company for €6.9 millionMon Jan 29 2024 - 10:00
Irish unit of Canada’s Toronto-Dominion’s mulls seeking full banking licence hereBanking licence exploration comes as Barclays considers moving EU hub from Dublin to ParisMon Jan 29 2024 - 05:53
