ESB told it cannot keep raising retirement benefit to match payACTUARIAL CONSULTANTS reviewing the ESB’s pension fund have warned the State company that it cannot continue to increase retirement…Fri May 22 2009 - 01:00
CRH raises €750m from investors in bond saleBUILDING MATERIALS giant CRH yesterday borrowed €750 million from 250 financial institutions and investors through a bond sale…Thu May 21 2009 - 01:00
REO says properties have 'robust income stream'THE TREASURY Holdings-backed property investment vehicle, Real Estate Opportunities (REO), said yesterday that the business is…Wed May 20 2009 - 01:00
Harcourt gives guarantee for £29m loan to Belfast projectPROPERTY FIRM Harcourt Developments is guaranteeing interest repayments on a £28.6 million (€32Wed May 20 2009 - 01:00
IFG performance 'satisfactory'FINANCIAL SERVICES group IFG expects its earnings per share (eps) to hit somewhere between 18 cent and 20 cent this year, based…Tue May 19 2009 - 01:00
Plan postponed to double betting taxTHE GOVERNMENT is set to row back on plans to double betting tax pending the outcome of efforts to impose a similar charge on…Tue May 19 2009 - 01:00
Revenue at UTV drops by 14%REVENUES AT broadcaster UTV were down 14 per cent on a like-for-like basis in the first four months of the year, the company …Sat May 16 2009 - 01:00
Ladbrokes' profits fall 34% in wake of Irish racing success at CheltenhamTHE EXPLOITS of Irish horses and Irish jockey Ruby Walsh at the Cheltenham Festival hit profits at Ladbrokes in the first four…Sat May 16 2009 - 01:00
FBD chief says government bonds now give 'excellent return' of 4.4%INSURANCE GROUP FBD Holdings has bought €80 million worth of Irish Government bonds after initially avoiding them because their…Fri May 15 2009 - 01:00
Paddy Power's €32.8m Aussie puntIRISH BOOKMAKER Paddy Power will pay up to €32Fri May 15 2009 - 01:00
Kingspan sales down 34% due to recessionSALES AT insulation and building materials specialist Kingspan were down 34 per cent to €350 million in the first four months…Fri May 15 2009 - 01:00
McInerney looks to Middle EastHOUSE BUILDER McInerney Holdings is looking for opportunities in the Middle East to compensate for the property slump in its …Thu May 14 2009 - 01:00
Fitch could lower CRH ratingCREDIT RATINGS agency Fitch could lower its assessment of building materials group CRH after changing its outlook for the Irish…Wed May 13 2009 - 01:00
Tullow says Ugandan finds may deliver 1bn barrels of oilEXPLORATION GROUP Tullow Oil believes its interests in Uganda could deliver over one billion barrels of oil, according to a statement…Wed May 13 2009 - 01:00
Moody's withdraws credit rating for Houghton MifflinINTERNATIONAL AGENCY Moody’s has withdrawn its credit ratings for Houghton Mifflin Harcourt (HMH), Irish businessman Barry O’…Tue May 12 2009 - 01:00
Markets fall as fears some stocks overvaluedThe Irish market fell today as bourses across Europe slipped amid fears that last week's recovery overvalues some stocks.Mon May 11 2009 - 01:00
ComReg proposes cut in Eircom's access chargesTHE STATE'S communications regulator wants to cut the rates that dominant telecoms operator Eircom charges its competitors for…Sat May 09 2009 - 01:00
Business groups critical of Finance Bill's taxation focusBUSINESS REACTION: THE FINANCE BILL is focused on collecting tax rather than boosting economic growth or confidence, one accountancy…Fri May 08 2009 - 01:00
Run of losses continues at casino software firmLOSSES AT online casino games software developer Cryptologic hit $1Fri May 08 2009 - 01:00
Interest on late tax payments to be cutTHE GOVERNMENT plans to cut the interest charged on late tax payments to the Revenue Commissioners in a bid to ease pressure …Fri May 08 2009 - 01:00
First-half profits at CRH set to fallFIRST-HALF profits at building materials giant, Cement Roadstone Holdings (CRH), are set to fall but the group believes the US…Thu May 07 2009 - 01:00
Profits before tax fall 10% to €30m at United DrugSTERLING’S WEAKNESS and slow trading in some divisions hit profits at healthcare services group United Drug in the six months…Thu May 07 2009 - 01:00
Revenue targets cash businesses for auditTHE REVENUE is targeting bars, bouncers and barristers with special investigations and audits because of a high risk of non-compliance…Fri Apr 24 2009 - 01:00
Falling US prices and banks take Iseq lowerMARKET REPORT: A FALL in New York prices sent Irish stocks lower yesterday during an otherwise quiet session, dealers in Dublin…Fri Apr 24 2009 - 01:00
Quinn glass firm faces order to demolish unauthorised worksAN ENGLISH local authority will this week order part of the Irish-based Quinn Group to stop production and knock unauthorised…Thu Apr 23 2009 - 01:00
ESB may close pension to new entrants as deficit hits €2bnQueuing for a living: standing in line in hope of landing a jobThu Apr 23 2009 - 01:00
Kentz signs deal with fuel giant SasolLISTED ENGINEERING and construction group Kentz has done a deal with South Africa’s biggest petrochemical group.Tue Apr 21 2009 - 01:00
Axa plans €10m investment to expand financial servicesGLOBAL INSURANCE giant Axa plans to invest €10 million in establishing a new financial services business in the Republic.Mon Apr 20 2009 - 01:00
Sales of life assurance and pensions down over 40%SALES OF life assurance and pensions products slumped by over 40 per cent in the first three months of the year as investors …Mon Apr 20 2009 - 01:00
NTR backs €270m US wind farm dealUTILITY NTR is backing a €270 million wind power project in the US which will be one of the first projects of its kind to benefit…Mon Apr 20 2009 - 01:00
Kenmare upbeat about Mozambique mineKENMARE RESOURCES said yesterday that it has almost completed a programme designed to tackle problems that have delayed full …Sat Apr 18 2009 - 01:00
€1.5bn investment fund likely to be raised in US and UK bond marketsANALYSIS: STATE-OWNED power company, the ESB, could raise up to €1Fri Apr 17 2009 - 01:00
ESB says expansion plan will create and support 6,000 jobsTHE ESB predicted yesterday that its expansion plans would create and support over 6,000 jobs inside and outside the State company…Fri Apr 17 2009 - 01:00
Stabilisation fund gets EU green lightTHE EU has given the green light to a €100 million State-aid scheme for Irish companies facing difficulties as a result of the…Thu Apr 16 2009 - 01:00
McInerney Holdings chief executive O'Connor took 50% pay cut in 2008McINERNEY HOLDINGS chief executive, Barry O’Connor, took a 50 per cent pay cut last year while he and his fellow executives received…Wed Apr 15 2009 - 01:00
Horse racing industry faces a future full of uncertaintyANALYSIS : Industry insiders fear horseracing’s ‘wealthy’ image could hurt efforts to secure its futureSat Apr 11 2009 - 01:00
On the ballTHE FRIDAY INTERVIEW/Grahame Jenkins, Premium Golf Brands: ONE OF the most coveted items of clothing in golf is the green jacket…Fri Apr 10 2009 - 01:00
Eirgrid chooses potential routes for interconnectorNATIONAL ELECTRICITY grid operator, Eirgrid, said yesterday that it has narrowed down the potential routes for the €180 million…Thu Apr 09 2009 - 01:00
Banks' strong performance helps to offset Iseq's declineMARKET REPORT: THE IRISH Stock Exchange tracked its international counter parts into negative territory yesterday, but a strong…Wed Apr 08 2009 - 01:00
Kerry shares fall on planned appeal against Breeo rulingKERRY GROUP’S share price took a hit late yesterday after the Competition Authority announced that it plans to appeal a High …Wed Apr 08 2009 - 01:00
Bank shares enjoy Budget bounce as nationalisation fears fallIRISH BANKS continued to benefit as the prospect of nationalisation receded yesterday, but stockbrokers believe that the detail…Wed Apr 08 2009 - 01:00
Strong banks offset Iseq's fallThe Irish Stock Exchange tracked its international counter parts into negative territory today, but a strong performance from…Tue Apr 07 2009 - 01:00
Kenmare in deal to defer loan repaymentMINING GROUP Kenmare Resources will pay its bankers and guarantors $1Fri Apr 03 2009 - 01:00
Former CRH chief executive took €1m pay cut in 2008FORMER CRH chief executive Liam O’Mahony took a €1 million cut in pay in his last year at the helm of the building materials …Fri Apr 03 2009 - 01:00
Company may shift more supply costs to householdersFALLING ENERGY prices could create scope for consumers to pay a bigger share of electricity and gas supply costs, thus easing…Fri Apr 03 2009 - 01:00
Profits at Bord Gáis down 10% to €151mSTATE-OWNED energy company Bord Gáis has signed 100,000 customers to the domestic electricity supply service it introduced in…Fri Apr 03 2009 - 01:00
Qualceram Shires group looks set to be broken upBATHROOM FITTINGS manufacturer Qualceram Shires is likely to be broken up as a result of seeking protection from its creditors…Thu Apr 02 2009 - 01:00
Bord na Móna tells workers it cannot pay their pensionsSTATE COMPANY Bord na Móna has told workers that it cannot pay a pension to which some of them have been contributing for decades…Thu Apr 02 2009 - 01:00
'Credible framework' needed to tackle crisis - S&PTHE REPUBLIC needed a “credible framework” to deal with the challenges posed to public finances by the recession, according to…Wed Apr 01 2009 - 01:00
Bord Gáis raises €342m to fund expansionSTATE ENERGY company Bord Gáis Éireann (BGÉ), has raised €342 million to fund its expansion plansTue Mar 31 2009 - 01:00
