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AIB and Bank of Ireland make gains in solid trading

DUBLIN REPORT: Iseq: 2,682.00 (-21.16) Settlement date: May 11th

Thu May 07 2009 - 01:00

Banking shares buoyant on Iseq

It was a buoyant session for the banking stocks on the Iseq today but a negative one for the index's shining star, CRH

Wed May 06 2009 - 01:00

Exchequer deficit widens to €7.3 billion in April

FURTHER WEAKENING in tax revenues saw the exchequer deficit widen to €7

Wed May 06 2009 - 01:00

Exchequer deficit hits €7.3bn as tax take falls

The exchequer deficit widened to €7

Tue May 05 2009 - 01:00

Ireland's answer to Oprah offers latest tome on perils of debt

BOOK REVIEW: LAURA SLATTERY reviews Debt Busters: Managing Your Money Through the Recession , by Eddie Hobbs; Currach Press; €…

Mon May 04 2009 - 01:00

Anglo may seek further €2.5bn from the State

ANGLO IRISH Bank is to ask the Government for a further cash injection of up to €2

Mon May 04 2009 - 01:00

Annual decline in retail sales now at 21%, says CSO

A COLLAPSE in car sales and sharp declines in housing-related purchases contributed to a 21 per cent annual fall in retail sales…

Sat May 02 2009 - 01:00

Glanbia issues profit warning as dairy markets deteriorate

FOOD GROUP Glanbia has issued a profit warning following a deterioration in global dairy markets which will lead to a loss at…

Fri May 01 2009 - 01:00

Profits at Lakeland Dairies tumble to €1.37m

IRELAND’S SECOND largest dairy processing co-op, Lakeland Dairies, has reported a sharply reduced profit for 2008 amid difficult…

Thu Apr 30 2009 - 01:00

Cullen ready for second series of 'The Apprentice'

ONE JOB. Fourteen candidates. But how many will have “the liathróidí” that Renault man Bill Cullen is looking for?

Thu Apr 30 2009 - 01:00

Percentage of jobless in workforce rises to 11.4%

THE RATE of unemployment nudged higher in April, as the live register of unemployment benefit claimants swelled by 15,800 people…

Thu Apr 30 2009 - 01:00

Food sector seeks State trade credit insurance

A STATE trade credit insurance scheme, a supermarket ombudsman and grant aid are among the “urgent measures” required to protect…

Thu Apr 30 2009 - 01:00

Sales at Irish arm of Aviva drop by 43%

SALES AT the Irish business of insurance company Aviva fell 43 per cent in the first quarter of 2009, as the market for life …

Tue Apr 28 2009 - 01:00

Donegal Creameries hit by fall in global dairy prices

DONEGAL CREAMERIES fell to a loss in 2008 as the decline in global dairy prices hit the IEX-listed company hard.

Sat Apr 25 2009 - 01:00

London economist upbeat on Ireland

SPOTTED IN Dublin yesterday: the one overseas economist who doesn’t think Ireland is a complete economic mess.

Fri Apr 24 2009 - 01:00

Prize bond sales rise by 95%

NERVOUSNESS ABOUT the safety of bank deposits last year pushed sales of prize bonds to their highest ever level, the company …

Thu Apr 23 2009 - 01:00

Boxer pulls out of digital TV service

BOXER DTT, the consortium that is 50 per cent owned by Denis O’Brien’s Communicorp group, has abandoned its plans to provide …

Tue Apr 21 2009 - 01:00

Aryzta shares fall after sale by Lion Capital

BAKERY GROUP Aryzta fell almost 11 per cent in trading on the Iseq index yesterday after it emerged that a significant shareholder…

Thu Apr 16 2009 - 01:00

CRH pushes Iseq into positive territory

Nice moves in major stock CRH plus a number of "beta" stocks pushed the Iseq into positive territory today, but AIB and Bank …

Thu Apr 16 2009 - 01:00

Some credit unions may be unable to pay dividend

CREDIT UNIONS may be unable to pay dividends on savings in 2009 because of massive writedowns in the value of their investment…

Thu Apr 16 2009 - 01:00

CRH drags sluggish Iseq down

A subdued day on the Iseq index was marked by sluggish Easter holiday trading and little local newsflow to influence proceedings…

Wed Apr 15 2009 - 01:00

Prices falling at steepest rate since 1933, CSO survey finds

PRICES ARE falling at the steepest rate since 1933, according to new data from the Central Statistics Office (CSO), suggesting…

Fri Apr 10 2009 - 01:00

Ireland has lowest inflation rate in EU, figures show

THE ECONOMY’s rapid swing from inflation to deflation continued in March, with the Consumer Price Index (CPI) falling 2

Fri Apr 10 2009 - 01:00

Mixed response to message of good still in economy

“NO BAILOUTS required” was Minister for Finance Brian Lenihan’s message to the global financial markets yesterday, in a bid to…

Thu Apr 09 2009 - 01:00

Third-level pension fund plan mooted

THE GOVERNMENT could transfer the pension fund assets of universities and third-level colleges to the exchequer tomorrow in a…

Mon Apr 06 2009 - 01:00

Asking prices for houses and flats fall 4.2% in first quarter

ASKING PRICES for houses and apartments fell 4

Mon Apr 06 2009 - 01:00

GT Energy appoints two new directors

GT ENERGY, an Irish company specialising in the extraction of hot water from deep below the earth’s surface, has appointed former…

Mon Apr 06 2009 - 01:00

Mannion resigns as head of Aer Lingus

DERMOT MANNION has resigned from his position as chief executive of Aer Lingus with immediate effect.

Mon Apr 06 2009 - 01:00

'Credible' plan would broaden tax base

A “CREDIBLE, multi-year” plan to tackle the deficit in public finances and support the economy should include the broadening …

Fri Apr 03 2009 - 01:00

Government cuts 2009 economic projection by €5bn

THE DETERIORATION in the economy since the start of the year has wiped a further €5 billion from the economic projections made…

Fri Apr 03 2009 - 01:00

Calls for action plan as unemployment rate increases to 11%

THE GOVERNMENT was urged to implement an action plan to ease the jobs crisis yesterday as new figures showed that the rate of…

Thu Apr 02 2009 - 01:00

Redundancies hit highest ever monthly level

REDUNDANCIES SURGED to their highest ever monthly level in March, as 7,802 workers became eligible for the Department of Enterprise…

Thu Apr 02 2009 - 01:00

Ireland is downgraded by leading credit rating agency

IRELAND HAS lost its prized “AAA” credit rating from ratings agency Standard & Poor’s, which yesterday downgraded its outlook…

Tue Mar 31 2009 - 01:00

GDP drops 7.5% as economy weakens

SHARP DROPS in consumer spending, capital investment, construction activity and industrial output led to a 7

Fri Mar 27 2009 - 00:00

Planet Business

A round-up of the week in business...

Fri Mar 27 2009 - 00:00

Upward-only rent reviews must end, says TD

THE PROBLEMS caused by upward-only rent reviews imposed on retailers should be examined as part of an attempt to improve competitiveness…

Wed Mar 25 2009 - 00:00

2009 will be 'disastrous' for drinks industry, says report

IRELAND’S LOVE affair with alcohol waned in 2008, with 2009 shaping up to be a “disastrous” year for the industry, according …

Tue Mar 24 2009 - 00:00

Supermarkets' power to resist supplier price rises vindicated

ANALYSIS: The High Court has rejected the view that supermarkets are at the mercy of suppliers

Fri Mar 20 2009 - 00:00

Reox Holdings removes chief executive and axes position

REOX HOLDINGS, the owner of Breeo Foods, has removed its chief executive Jerry Henchy and axed the position.

Thu Mar 19 2009 - 00:00

Ryanair pilots vote in favour of pay freeze and increase in productivity

RYANAIR PILOTS have voted in favour of a 12-month pay freeze with a productivity increase to avoid a proposed 10 per cent cut…

Wed Mar 18 2009 - 00:00

Unemployment to reach 12%, says NIB

UNEMPLOYMENT WILL average at 12 per cent in 2009, while exports will decline by a “dramatic” 6 per cent this year, according …

Wed Mar 18 2009 - 00:00

CryptoLogic signs film game deal with Paramount

INTERNET CASINO and gaming software company CryptoLogic has signed a deal with Paramount Digital Entertainment that will give…

Wed Mar 18 2009 - 00:00

No repeat of 'St Patrick's massacre' in quiet trading

DUBLIN REPORT: Iseq: 2,084.71 (-10

Wed Mar 18 2009 - 00:00

S&P downgrades Irish banking system again

THE ANGLO Irish Bank directors’ loans affair has prompted credit ratings agency Standard&Poor’s (S&P) to downgrade the…

Tue Mar 17 2009 - 00:00

No repeat of St Patrick's Day Massacre on markets

The anniversary of the plunge in banking stocks dubbed the “St Patrick’s Day Massacre” by traders was a quiet affair on the Dublin…

Tue Mar 17 2009 - 00:00

KPMG to cut 75 managerial jobs

ACCOUNTANCY FIRM KPMG is cutting 75 managerial jobs as part of the 200 redundancies it announced a fortnight ago.

Tue Mar 17 2009 - 00:00

Irish Times Ltd seeks pay cuts as ad revenue falls

THE IRISH Times Ltd is seeking pay cuts from staff after management forecast a €20 million drop in advertising revenue in 2009…

Sat Mar 14 2009 - 00:00

Deflation of 1.7% driven by interest, rent and clothing

PRICES FELL by 1.7 per cent in the year to February as interest rate cuts, falling rents and a record decline in clothing and…

Fri Mar 13 2009 - 00:00

Rolls with the punches

THE FRIDAY INTERVIEW/Owen Killian, chief executive of Aryzta: ARYZTA’S investor roadshow has taken Owen Killian through several…

Fri Mar 13 2009 - 00:00

Deloitte to seek 70 voluntary job cuts

ACCOUNTANCY FIRM Deloitte is to seek 70 voluntary redundancies, mostly from recently qualified staff, and pay cuts of up to 10…

Thu Mar 12 2009 - 00:00
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