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Eircom profits fall 30% as costs rise along with sales

Eircom's profits fell 30 per cent to €131 million (£103

Tue Dec 05 2000 - 00:00

New line on Eircell share-out signalled by Kane

Eircom may not distribute all the €5.1 billion (£6.5 million) proceeds from a sale of Eircell.

Tue Dec 05 2000 - 00:00

Vodafone jitters hit Eircom

Eircom shares have fallen heavily on the back of sectoral weakness and fears that the sale of Eircell to Vodafone may be delayed…

Wed Nov 29 2000 - 00:00

Galen reports 28% rise in profits

Galen Holdings, the Craigavon-based drugs company that numbers Bill Gates among its shareholders, has reported a 28 per cent …

Wed Nov 29 2000 - 00:00

Workforce growth rate continues to slow down

Growth in the number of people at work continues to moderate from its peak of a year ago

Wed Nov 29 2000 - 00:00

Accusations fly as bodies row over policing competition

The Competition Authority is a "quango" whose members are bent on unwarranted "empire building", according to Department of Enterprise…

Sat Nov 25 2000 - 00:00

Value of retail sales recovers strongly as consumer spending gains momentum

Consumer spending has rebounded from a lull over the summer and looks set to increase rapidly in the last quarter of the year…

Sat Nov 25 2000 - 00:00

NTDU dismisses offer to convert taxi licences' cost into tax breaks

The Minister for Finance's proposals to convert the cost of existing taxi licences into tax breaks have been dismissed as inadequate…

Thu Nov 23 2000 - 00:00

Bookmaker Kenny to net €2.6m after Power Leisure float

Mr Stewart Kenny - the Republic's best-known bookmaker - will pocket €2

Thu Nov 23 2000 - 00:00

Union `insiders' to sale of Eircell as ballots start

Key union officials at Eircom have been made "insiders" to the proposed sale of Eircell while making plans to organise strikes…

Tue Nov 21 2000 - 00:00

Treasury grouping is Dome preferred bidder

Legacy, the consortium 85 per cent owned by Treasury Holdings, has been named as the preferred bidder for the troubled Millennium…

Tue Nov 21 2000 - 00:00

Central Bank may understate rate of mortgage credit growth

Official mortgage lending figures published last week may understate the rate of growth in borrowing for house purchases by up…

Thu Nov 16 2000 - 00:00

Eircom likely to reject O'Brien's €2.25bn bid for fixed-line arm

Eircom is expected to formally reject Mr Denis O'Brien's €2.25 billion offer for its fixed-line business this week

Wed Nov 15 2000 - 00:00

McCreevy assesses EBS savings plan

The Republic's largest building society has proposed a radical savings scheme to the Government that would involve the State …

Tue Nov 14 2000 - 00:00

ESRI favours increased social spending

The Economic and Social Research Institute has entered the growing political debate on whether tax cuts should take priority …

Mon Nov 13 2000 - 00:00

Rate of inflation expected to peak at 7% this month

Inflation jumped to 6.8 per cent in October and is expected to peak at 7 per cent this month

Sat Nov 11 2000 - 00:00

Eircom shares rise 2% on whispers of O'Reilly interest

Eircom shares rose seven cents to €3

Fri Nov 10 2000 - 00:00

Oireachtas examines rail cost overrun

The Oireachtas Joint Committee on Public Enterprise and Transport has established a subcommittee to examine the £25 million (€…

Thu Nov 09 2000 - 00:00

Signalling system `value for money', says Irish Rail

IARNROD Eireann management has defended the company's controversial £40 million signalling system, insisting it was value for…

Wed Nov 08 2000 - 00:00

Ryanair sees `no value' in buying UK carrier Go

Ryanair says it sees "no value" in buying Go, the low-cost carrier put up for sale by British Airways yesterday for around £300…

Tue Nov 07 2000 - 00:00

Aer Lingus flotation set for further delay

The Aer Lingus flotation may now be shelved until next summer, according to Government sources

Sat Nov 04 2000 - 00:00

Central banker raised funds for FF

The Central Bank is considering whether to take action over the failure of one of its directors, Mr Roy Donovan, to volunteer…

Fri Nov 03 2000 - 00:00

Market continues upward despite Elan's fall

Dublin moved ahead yesterday despite a fall of €1.09 to €61

Thu Nov 02 2000 - 00:00

ITG Group to pay €12.7m for 30%shareholding in mobile phone firm

ITG Group is taking a 30 per cent stake in mobile phone newcomer Cellular 3 for £10 million (€12.7 million)

Thu Nov 02 2000 - 00:00

Head of yacht charter firm fined £500 over scheme

The managing director of Sail Ireland, the largest yacht charter company in the Republic, has been convicted of breaches of the…

Wed Nov 01 2000 - 00:00

Interest rate rises causes slowdown in private borrowing

Figures released yesterday indicate that some parts of the economy may be starting to slow down

Wed Nov 01 2000 - 00:00

Minister extended tax relief deadline after request by Healy-Rae

The Minister for Finance, Mr McCreevy, extended the deadline for tax relief on multi-storey car parks built outside Dublin following…

Tue Oct 31 2000 - 00:00

Bids from Vodafone and O'Brien crystallise value of group's stock

What happened this week to drive Eircom shares up from €2.77 to €3.30?

Sat Oct 28 2000 - 01:00

Eircom shares settle at €3.30 in strong trade

EIRCOM shares stalled at €3

Sat Oct 28 2000 - 01:00

From scourge to saint - O'Brien puts on friendly face for bid

One of the first tests of just how affable Mr Denis O'Brien's "friendly offer" for the fixed line business of Eircom will be …

Fri Oct 27 2000 - 01:00

Ban on below-cost selling retained by Harney

The Government has decided to retain the ban on below-cost selling that prevents supermarkets severely undercutting smaller retailers…

Wed Oct 25 2000 - 01:00

Rivals eye deal on credit unions

Banks and building societies may complain to the European Commission over the new deal struck between the Government and the …

Wed Oct 25 2000 - 01:00

McCreevy offers new options on credit union dividend tax

The Government has abandoned attempts to force credit unions to collect tax on dividends paid to their 1.8 million members.

Tue Oct 24 2000 - 01:00

Harney refuses IIB a copy of officer's report

The Tanaiste, Ms Harney, has refused to give Irish Intercontinental Bank a copy of her authorised officer's report on the bank…

Tue Oct 24 2000 - 01:00

Purcell blames NIB for trading losses

Mr Gerry Purcell ran Purcell Brothers Ltd, the Waterford-based cattletrading business established by his father Seamus, from …

Fri Oct 20 2000 - 01:00

Competition watchdog seeking to extend its winning streak

October has been a good month for competition in Ireland

Fri Oct 20 2000 - 01:00

Court told meat firm lost £3m in `unauthorised' currency deals

Mr Gerry Purcell, former managing director of Purcell Brothers Limited, lost £3 million (€3

Fri Oct 20 2000 - 01:00

Market takes a pasting, `hit by a tidal wave'

An afternoon rally on Wall Street came too late for Dublin, which took a pasting after US stocks fell on fears for the US economy…

Thu Oct 19 2000 - 01:00

Elan's gains push ISEQ into positive territory

Dublin closed marginally up yesterday on the back of gains by Elan, which reports its third-quarter results tomorrow

Wed Oct 18 2000 - 01:00

ECB again warns Government not to cut taxes

THE European Central Bank has repeated its warning to the Government over plans to cut taxes in the coming Budget

Mon Oct 16 2000 - 01:00

Massey warning on cartel threat to State

Ireland will end up with a "paper tiger" Competition Authority to police the Celtic Tiger economy unless it gives the organisation…

Sat Oct 14 2000 - 01:00

Data to confirm US is State's main market

The United States has overtaken Britain as the Republic's most important trading partner, thanks in part to the impotency drug…

Fri Oct 13 2000 - 01:00

Short-term outlook prompts Eircom's U-turn on Eircell

What has happened to Alfie Kane? Five weeks ago, in an interview with this paper, the Eircom chief executive said his strategy…

Fri Oct 13 2000 - 01:00

Sale of Eircell requires approval of shareholders

Eircom shareholders will have to give their approval before any proposed sale of Eircell to Vodafone AirTouch can proceed

Wed Oct 11 2000 - 01:00

Nevada project leads push south of Border

A data centre or "server farm" located in the former Amdahl electronics plant in Swords, Co Dublin will be the flagship project…

Wed Oct 11 2000 - 01:00

Eircell news brings Eircom takeover into view

Eircom may become the subject of a takeover battle following the announcement that Vodafone AirTouch is in talks to buy its mobile…

Tue Oct 10 2000 - 01:00

Vodafone will dictate pace of change in future of the telecoms industry

Vodafone AirTouch is the largest mobile telecommunications company in the world and claims to be one of the top 10 businesses…

Tue Oct 10 2000 - 01:00

Spring yet to fulfil share vow

Me Dick Spring, the former Labour leader and an Eircom director, has yet to fulfil the pledge he gave at the company's annual…

Fri Oct 06 2000 - 01:00

Dunloe to revisit Orb bid as Smyth makes peace

Mr Noel Smyth, chairman of Dunloe Ewart, has made a peace overture to Mr Liam Carroll, saying the property developer is entitled…

Thu Oct 05 2000 - 01:00

Customers save as Eircom cuts minimum charge

Eircom has cut its minimum call charge for phone calls from 11

Wed Oct 04 2000 - 01:00
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