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Malin chief sees demand for 23% Woodford stake

Malin chief sees demand for 23% Woodford stake

New CEO says company will have enough investor demand to absorb the holding if sold

Wed Sept 04 2019 - 02:11
Mary Robinson reminds global investors of their climate duty

Mary Robinson reminds global investors of their climate duty

Former president tells forum of duty to put climate action at heart of investments

Tue Sept 03 2019 - 17:45
Bank of Ireland pulls €300m bond sale amid Brexit jitters

Bank of Ireland pulls €300m bond sale amid Brexit jitters

Bank was concerned over low level of demand for the bonds, sources say

Tue Sept 03 2019 - 16:18
Malin names Darragh Lyons CEO as investments value drops

Malin names Darragh Lyons CEO as investments value drops

Value of portfolio fell 5% in first half of the year

Tue Sept 03 2019 - 11:50
Dilosk confirms entry to owner-occupier mortgage market

Dilosk confirms entry to owner-occupier mortgage market

ICS will offer lowest variable rate in market and fixed rates starting at 2.55%

Tue Sept 03 2019 - 07:41
Providence explores new funding as Chinese backers given another extension

Providence explores new funding as Chinese backers given another extension

Shares in Providence have slumped by 45 per cent over past 3 months

Tue Sept 03 2019 - 07:36
New Central Bank governor tells staff he is in ‘listening mode’

New Central Bank governor tells staff he is in ‘listening mode’

Context in which regulator is operating is ‘challenging’, Gabriel Makhlouf tells staff

Tue Sept 03 2019 - 05:45
Smurfit sells €750m of bonds to beat market rush

Smurfit sells €750m of bonds to beat market rush

Irish company refinances corporate debt as it eyes potential to reduce annual interest bill

Mon Sept 02 2019 - 14:22
Michael D’Arcy signals Government to stand firm on bankers’ pay

Michael D’Arcy signals Government to stand firm on bankers’ pay

Industry chiefs warn of difficulty when it comes to hiring staff

Mon Sept 02 2019 - 13:26
New Central Bank governor faces bulging in-tray on first day

New Central Bank governor faces bulging in-tray on first day

Key ECB meeting on rates and stimulus looms

Mon Sept 02 2019 - 12:34
Almost €6bn wiped off State’s bank holdings in past year

Almost €6bn wiped off State’s bank holdings in past year

AIB, Bank of Ireland and PTSB’s shares have plunged 50%-54% since 2018

Sat Aug 17 2019 - 06:02
Will Uniphar be Ireland’s only IPO this year as volatility returns?

Will Uniphar be Ireland’s only IPO this year as volatility returns?

Markets Beat: Larry Goodman makes €4m profit on Green Reit bet

Fri Aug 16 2019 - 15:29
Uniphar final IPO proceeds €11m off maximum target

Uniphar final IPO proceeds €11m off maximum target

Company raised an initial €135m by selling shares at €1.15 before floating in Dublin

Fri Aug 16 2019 - 07:32
Danger here: Financial markets quake as trading screens flash dreaded R-word

Danger here: Financial markets quake as trading screens flash dreaded R-word

Dublin’s Iseq share index has fallen 6.6% in seven weeks, leaving it the third worst-performing equity market since July

Fri Aug 16 2019 - 04:30
Iseq falls to seven-month low on fears over global economy

Iseq falls to seven-month low on fears over global economy

Bank stocks among worst performers across Europe amid speculation about ECB move

Thu Aug 15 2019 - 18:32
Irish bond rates reach new low amid talk of aggressive ECB stimulus

Irish bond rates reach new low amid talk of aggressive ECB stimulus

Yield on State’s 10-year bonds falls to minus 0.147%

Thu Aug 15 2019 - 17:54
Aryzta shares hit record low as Swiss brokers highlight risks

Aryzta shares hit record low as Swiss brokers highlight risks

Weakening consumer confidence and trend towards healthy snacks seen as threats

Thu Aug 15 2019 - 14:26
Green Reit on course for sale to Henderson Park this week

Green Reit on course for sale to Henderson Park this week

Founding directors Vernon and Gunne expected to step away from the listed Irish property group

Tue Aug 13 2019 - 05:15
Investec sets PTSB share price target at third of IPO level

Investec sets PTSB share price target at third of IPO level

Bank is grappling with the impact of slow loan growth and rising costs

Mon Aug 12 2019 - 16:45
Ryanair says every 1p drop in sterling wipes €7m off its earnings

Ryanair says every 1p drop in sterling wipes €7m off its earnings

Some 22 per cent of Ryanair’s revenue in the year to the end of March came from its UK operations

Sat Aug 10 2019 - 05:40
Germans bemoaning negative savings returns should look at Berlin, not Frankfurt

Germans bemoaning negative savings returns should look at Berlin, not Frankfurt

According to the popular narrative, the European Central Bank is the enemy of German savers

Sat Aug 10 2019 - 05:02
Providence secures permission for Barryroe site survey

Providence secures permission for Barryroe site survey

Shares in the oil and gas explorer jump almost 30% during trading in London

Fri Aug 09 2019 - 04:22
Kerry’s value hits all-time high of €19.4bn on strong results

Kerry’s value hits all-time high of €19.4bn on strong results

Food giant said it now expects to post 7-9% growth in earnings per share this year

Thu Aug 08 2019 - 17:43
KBC Ireland to prepare for Central Bank tracker fine

KBC Ireland to prepare for Central Bank tracker fine

It also sold €260m of corporate loans to Bank of Ireland as restructuring continued

Thu Aug 08 2019 - 16:24
Aviva Ireland profit rises 7% on Friends First boost

Aviva Ireland profit rises 7% on Friends First boost

General insurance business profit falls in first half of year

Thu Aug 08 2019 - 07:55
GAA to get €105m from Hines for part of site it is buying for €95m

GAA to get €105m from Hines for part of site it is buying for €95m

US group emerges as preferred bidder for 19-acre site with scope for 1,200 dwellings

Thu Aug 08 2019 - 05:15
European shares rebound as Flutter shines in Dublin

European shares rebound as Flutter shines in Dublin

German chemical deal helps to buoy Euro Stoxx index

Wed Aug 07 2019 - 19:02
Bank of Ireland launch of Apple Pay may drift to 2020

Bank of Ireland launch of Apple Pay may drift to 2020

Other banks already offer payment via smartphone or smartwatch

Wed Aug 07 2019 - 18:45
Smurfit rival DS Smith wins immunity in €287m Italian price-fixing case

Smurfit rival DS Smith wins immunity in €287m Italian price-fixing case

Irish-founded company says it will ‘vigorously’ appeal competition authority decision

Wed Aug 07 2019 - 10:01
Applegreen to acquire 40% stake in US service plaza deal

Applegreen to acquire 40% stake in US service plaza deal

Forecourt retailer is entering into consortium to buy Connecticut business

Wed Aug 07 2019 - 07:35
Campbell O’Connor made €9.45m gain on stock exchange stake

Campbell O’Connor made €9.45m gain on stock exchange stake

State’s smallest stockbroking is in the process of winding up after 59 years in business

Wed Aug 07 2019 - 04:15
AIB may buy back €500m of State shares in 2021

AIB may buy back €500m of State shares in 2021

Recent slump in the bank’s share price has pushed out the timeline of special buyback

Wed Aug 07 2019 - 01:04
Central Bank report highlights regulatory risks for Dublin’s IFSC

Central Bank report highlights regulatory risks for Dublin’s IFSC

Rapid growth amid Brexit fallout raises stability questions for regulator

Tue Aug 06 2019 - 12:45
Smurfit Kappa fined €124m after Italian cartel investigation

Smurfit Kappa fined €124m after Italian cartel investigation

Authorities found 50 paper, packaging groups engaged in anti-competitive practices

Tue Aug 06 2019 - 11:40
Providence may need to sell shares if Barryroe funds not received

Providence may need to sell shares if Barryroe funds not received

Oil explorer expected to proceed with site survey even if finance doesn’t come

Tue Aug 06 2019 - 10:40
Ulster Bank may take four years to cover costs, says RBS

Ulster Bank may take four years to cover costs, says RBS

‘We’re not giving up on Ireland but it’s going to take time’ – outgoing RBS chief executive

Tue Aug 06 2019 - 04:51
Former AIB CFO plans €800m Portuguese assets and loans sale

Former AIB CFO plans €800m Portuguese assets and loans sale

Mark Bourke took over as finance head at Novo Banco earlier this year

Tue Aug 06 2019 - 02:35
Irish 10-year bond rate dips below 0% for first time

Irish 10-year bond rate dips below 0% for first time

Bond yields fall into minus figures as investors spooked by escalating US-China trade war

Mon Aug 05 2019 - 17:55
Ryanair investors ‘highly sceptical’ of air fares rebound

Ryanair investors ‘highly sceptical’ of air fares rebound

Deutsche Bank analysts expect Ryanair to see its fares per passenger decline 3% for the full year

Mon Aug 05 2019 - 11:54
Providence axes jobs amid dwindling cash

Providence axes jobs amid dwindling cash

Shares tumble 34 per cent in London as explorer reports cash level of $1.45 million

Mon Aug 05 2019 - 11:18
Ulster Bank plans job cuts in arrears unit as profits fall

Ulster Bank plans job cuts in arrears unit as profits fall

Still, chief executive Jane Howard says bank’s underlying business remains ‘strong’

Fri Aug 02 2019 - 17:53
Denis O’Brien’s INM losses may not be his biggest business regret

Denis O’Brien’s INM losses may not be his biggest business regret

Businessman’s decision to pull $2bn IPO of Digicel could be move he rues most

Fri Aug 02 2019 - 16:18
RSA Ireland taps Insurance Ireland head Thompson as CEO

RSA Ireland taps Insurance Ireland head Thompson as CEO

Industry lobby group chief steps back into corporate role

Fri Aug 02 2019 - 11:20
Losses at Datalex likely to be 50% worse again than profit warning

Losses at Datalex likely to be 50% worse again than profit warning

Travel software group warns of plan to take ‘significant’ charge on R&D assets

Fri Aug 02 2019 - 08:04
Fyffes spends €36.6m on Canadian mushroom deals

Fyffes spends €36.6m on Canadian mushroom deals

Operating profit fell to €8.75 million last year as a result of ‘difficult trading conditions’

Fri Aug 02 2019 - 04:45
Insurer FBD defends 110% profit jump amid political fire

Insurer FBD defends 110% profit jump amid political fire

Drop in claims boosts profit but chief executive warns litigation claims costs still rising

Thu Aug 01 2019 - 18:34
Hibernia Reit says Brexit fears holding back Irish office investment

Hibernia Reit says Brexit fears holding back Irish office investment

Businesses lease more than 1.7m sq ft of offices in first half

Wed Jul 31 2019 - 18:13
Green Reit picks UK’s Henderson Park as preferred bidder

Green Reit picks UK’s Henderson Park as preferred bidder

Group’s market value has jumped by up to 20% to €1.29bn since putting itself on market

Wed Jul 31 2019 - 13:42
Glanbia shares slump to five-year low on sports nutrition profit warning

Glanbia shares slump to five-year low on sports nutrition profit warning

Earnings in performance nutrition division fall 30% in first half

Wed Jul 31 2019 - 10:07
Smurfit says Brexit timing limits stockpiling scope for retailers

Smurfit says Brexit timing limits stockpiling scope for retailers

First-half earnings rise 17 per cent to €847m with European sales helped by higher pricing

Wed Jul 31 2019 - 07:24
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