Worries of a long war send stocks tumblingStocks tumbled, the dollar suffered and bonds rallied yesterday as investors worried that the war in Iraq could drag on for months…Tue Apr 01 2003 - 01:00
IWP says profits for 2003 will fall below expectationPersonal care group IWP has warned that its profits for this year will fall beneath expectations as conditions remain difficult…Tue Apr 01 2003 - 01:00
Readymix shares drop 7% as it rejects offerReadymix stock shed nearly 7 per cent of its value yesterday after the company's board rebuffed an offer approach from privately…Tue Apr 01 2003 - 01:00
NIB clients stump up €2.5m in payments to RevenueClients of the unauthorised Clerical Medical International investment scheme operated by National Irish Bank (NIB) made settlements…Sat Mar 29 2003 - 00:00
Investment takes its toll as NTR profits fall 9%A heavy programme of investment hit the bottom line at infrastructure operator NTR last year, pushing pre-tax profits down by…Fri Mar 28 2003 - 00:00
Arnotts results renew talk of bidsThe battle for ownership of Arnotts came into renewed focus yesterday as the company posted a 14 per cent jump in pre-tax profits…Thu Mar 27 2003 - 00:00
Profits at ICS up by 15.6% to €65.1mA doubling in new mortgage business pushed pre-tax profits at Bank of Ireland-owned ICS Building Society up by 15Thu Mar 27 2003 - 00:00
Market reportSettlement Day: March 31st: A strong performance from the financial sector drove the market up by 1Thu Mar 27 2003 - 00:00
OECD praises Republic's policy of keeping tax lowThe Republic's low-tax regime should act as an example to governments in other jurisdictions, according to the head of taxation…Wed Mar 26 2003 - 00:00
'Growth will remain slow'The governor of the Central Bank, Mr John Hurley, has warned that growth will remain slow in the euro zone even after current…Wed Mar 26 2003 - 00:00
US regulator's move on rival boosts Elan drugs planEfforts by pharmaceutical firm Elan to force through the controversial sale of two drugs to US company King were boosted yesterday…Tue Mar 25 2003 - 00:00
Rally ends as longer campaign is likelyA recognition that the US-led war in Iraq could take longer than initially expected drove stocks down across the world yesterday…Tue Mar 25 2003 - 00:00
US drug approval boosts Galen 12 per centShares in Craigavon-based pharmaceutical firm, Galen, climbed by 12 per cent yesterday after the company won its first US regulatory…Sat Mar 22 2003 - 00:00
January retail sales reach highest level in over a yearSales in the retail sector reached their highest level for more than a year in January, according to the latest data from the…Sat Mar 22 2003 - 00:00
Regional income gap narrowsThe gap in incomes between Dublin and less prosperous parts of the Republic narrowed slightly between 1999 and 2000, according…Fri Mar 21 2003 - 00:00
Sales at Scottish Provident up 42%Scottish Provident Ireland, the pensions business that has been put up for sale by Abbey National along with a number of other…Fri Mar 21 2003 - 00:00
Record lending drives EBS profits up 11% to €41.7 millionRecord levels of mortgage lending and an influx of new savings business saw pre-tax profits at the EBS grow by 11 per cent to…Fri Mar 21 2003 - 00:00
State has enough oil reserves to last 3 years if supply drops 10%The Republic would have enough oil in reserve to last almost three years if global supplies were squeezed by 10 per cent, the…Thu Mar 20 2003 - 00:00
Baltimore sees pre-tax losses fall 90% with restructuringTroubled internet security firm, Baltimore Technologies, has emerged from a radical restructuring with a 90 per cent reduction…Thu Mar 20 2003 - 00:00
Elan meeting approves saleElan shareholders have approved the controversial sale of two drugs to US pharmaceutical firm King, despite speculation that …Wed Mar 19 2003 - 00:00
Approval for Riverdeep MBOHertal, the management buyout (MBO) vehicle seeking to gain control of Riverdeep, has received the approval of 86 per cent of…Sat Mar 15 2003 - 00:00
Government blamed for inflation spikeInflation unexpectedly spiked higher than 5 per cent in February, as a sudden rebound in prices after the January sales added…Fri Mar 14 2003 - 00:00
Robust cash flow helps Horizon to eliminate debtRobust cash flow allowed technology firm Horizon to eliminate net debt from its balance sheet in 2002, according to full-year…Thu Mar 13 2003 - 00:00
Pharmaceuticals lead the exports fieldPharmaceutical companies continued to outpace the rest of the Republic's export economy dramatically in the first month of this…Thu Mar 13 2003 - 00:00
Kingspan shares rise 8% on resultsShares in Kingspan climbed 8 per cent yesterday after full-year results for 2002 met market expectations and the company outlined…Wed Mar 12 2003 - 00:00
Production accounts for 40% of layoffsThe manufacturing sector accounted for more than 40 per cent of all redundancies reported to the Department of Enterprise, Trade…Sat Mar 08 2003 - 00:00
Bank of Scotland breaks ranks on submissionBank of Scotland (Ireland) has broken ranks with the Irish Bankers' Federation by declining to contribute to an industry submission…Sat Mar 08 2003 - 00:00
Mortgage-holders left waiting for rate cutMost of the Republic's mortgage-holders will have to wait until next week to see how their monthly repayments will be affected…Sat Mar 08 2003 - 00:00
Acquisitions push Galen shares up 10 per centShares in Northern Irish pharmaceutical firm Galen gained 10 per cent yesterday after the company said it would acquire three…Fri Mar 07 2003 - 00:00
Private shareholders face new challengesWhile the main features of share schemes in private companies will operate just as they would in listed firms, a couple of key…Fri Mar 07 2003 - 00:00
Redundancies up 6% over first two months of 2003The jobs market continued to feel the strain of economic decline last month, as redundancies remained well above levels recorded…Fri Mar 07 2003 - 00:00
Insurers' results reflect tough yearRoyal & Sun Alliance (RSA) has joined the chorus of insurance firms predicting that the cost of cover for Irish customers…Fri Mar 07 2003 - 00:00
Glanbia plans Eur100m acquisitionsGlanbia is planning to spend up to €100 million on acquisitions in the nutritional market in the short term, group managing director…Thu Mar 06 2003 - 00:00
Focus shifts from milk to nutritionANALYSIS: Quiet but assured confidence was the mood among Glanbia's management team yesterday, as it presided over results that…Thu Mar 06 2003 - 00:00
FBD predicts motor insurance costs may fallFBD has become the second Irish insurance firm to signal that the cost of cover for consumers and businesses could be on the …Thu Mar 06 2003 - 00:00
Bombardier issues warningThousands of workers in the North's beleaguered aerospace sector face an uncertain future after Canadian aircraft and train manufacturer…Wed Mar 05 2003 - 00:00
Robust CRH results help market outperform peersSettlement Day: March 7th Shares outperformed their counterparts across Europe yesterday, spurred in the main by reaction to…Wed Mar 05 2003 - 00:00
Airport terminal decision due in AprilA Governmental report into the benefit of a second terminal at Dublin Airport will be published within the next fortnight, the…Tue Mar 04 2003 - 00:00
Brennan asks Aer Lingus for briefingThe Minister for Transport has sought a briefing from Aer Lingus on the current pensions row at the firmTue Mar 04 2003 - 00:00
Professions study due out next weekThe findings of a specially-commissioned report on competitive practices within eight professions will be made public by the …Tue Mar 04 2003 - 00:00
Trade surplus reaches €38.4bnThe Republic recorded a record trade surplus of €38Sat Mar 01 2003 - 00:00
Market ReportSettlement Day: March 5th: Shares marked the end of the week with a 1Sat Mar 01 2003 - 00:00
Case for ECB rate cut growsThe case for an imminent cut in euro-zone interest rates was boosted yesterday as fresh data pointed to declining inflation and…Sat Mar 01 2003 - 00:00
Norish shows signs of a turnaroundAn exceptional charge of €5 million prevented cold-storage and warehousing group, Norish, from recording a profit last year, …Fri Feb 28 2003 - 00:00
EU rules out tax on bank profits, says McCreevyBank profits cannot be tapped as a source of supplementary non-tax revenue for the Exchequer because of EU rules on state aid…Fri Feb 28 2003 - 00:00
Finance Bill change will hit banks hardestFinancial institutions will be the main target of a Finance Bill change to rules on capital allowances for business that will…Thu Feb 27 2003 - 00:00
McCreevy defends levying PRSI on benefits as Finance Bill debatedA number of companies have entered into "very flexible and creative arrangements" to avoid paying PRSI, according to the Minister…Wed Feb 26 2003 - 00:00
Banker lashes out at critics of bank profitsProminent banker, Mr Willie Slattery, has launched a stinging attack on commentators who criticise the large profits made by …Tue Feb 25 2003 - 00:00
McCreevy claims regulator will have teethThe Minister for Finance, Mr McCreevy, has strongly refuted claims that the new Irish Financial Services Regulatory Authority…Tue Feb 25 2003 - 00:00
Bank of Ireland to shed 350 jobs in UK mergerBank of Ireland is to shed 350 jobs in the merger of two loss-making financial advice operations in Britain.Tue Feb 25 2003 - 00:00
