Penneys owner reports 10% profits riseClothing retailer Primark, which trades as Penneys in the Republic, has reported a 10 per cent rise in profit to £122 million…Tue Apr 21 2009 - 01:00
AIB pay proposals referred to LRCAIB employees have rejected a series of proposed changes in pay and pension entitlements and their union has referred the matter…Mon Apr 20 2009 - 01:00
ClearStream reports first half profitIrish medical devices company ClearStream Technologies has reported pretax profits of €106,688 for the six months to the end …Mon Apr 20 2009 - 01:00
Worldspreads sells its sports divisionDUBLIN-BASED financial spread-betting group Worldspreads has sold its sports division to the head of the unit Fergus Rice for…Sat Apr 18 2009 - 01:00
Worldspreads sells sports divisionWorldspreads Group has sold its sports division to the head of the unit Fergus Rice for a fee that could rise to €1Fri Apr 17 2009 - 01:00
Firms to compete for M50 toll call centre contractTHE COMPANY operating the M50 barrier-free toll, BetEire Flow, is to run a competition between its existing customer service …Fri Apr 17 2009 - 01:00
ESB to create 3,700 jobs in new technologiesThe ESB is set to create up to 3,700 contract jobs as part of a stimulus plan based around renewable energy.Thu Apr 16 2009 - 01:00
M50 toll operator 'accepts failings'The company operating the M50 barrier-free toll, BetEire Flow, is to run a competition between its existing customer service …Thu Apr 16 2009 - 01:00
Kerry chief received over €1.5m in pay and bonusesKERRY GROUP chief executive Stan McCarthy was paid just over €1Thu Apr 16 2009 - 01:00
Aryzta shares fall as Lion to sell stakeShares in Dublin-listed bakery group Aryzta were more than 9 per cent lower this afternoon on reports that Lion Capital is selling…Wed Apr 15 2009 - 01:00
Request for EU inquiry into roadsTHE EUROPEAN Parliament’s Petitions Committee is investigating the quality of road signage and general maintenance of local routes…Wed Apr 15 2009 - 01:00
Irish Life says it is reviewing 'options'Irish Life & Permanent is reviewing “various options” for the business, a spokesman has said.Wed Apr 15 2009 - 01:00
Commission clears Irish aid schemeThe European Commission has approved a Government scheme to provide grant aid of up to €500,000 to companies struggling due to…Wed Apr 15 2009 - 01:00
Glanbia warning over dairy marketsFOOD GROUP Glanbia has warned of a deterioration in global dairy markets since the start of the year and said it would concentrate…Wed Apr 15 2009 - 01:00
AIB expects trading to remain difficult in 2009Allied Irish Banks expects the operating environment to remain “extremely difficult” in 2009, chairman Dermot Gleeson said in…Tue Apr 14 2009 - 01:00
'Swingeing' Budget prompts bank to revise forecastsTHE SEVERITY of the tax increases in the Budget prompted Bank of Ireland to revise down consumer spending forecasts contained…Fri Apr 10 2009 - 01:00
Moody's demotes 12 banks based in IrelandRATINGS AGENCY Moody’s has downgraded 12 banks operating in Ireland due to concern at the deterioration of commercial property…Thu Apr 09 2009 - 01:00
Bank shares fluctuate sharply on assets planIrish bank shares have suffered sharp swings in their share prices today as investors digested the Government’s decision to purchase…Wed Apr 08 2009 - 01:00
Road upkeep funds slashedWITH FUNDING for the maintenance of national roads cut by 60 per cent, the National Road Authority (NRA) has said it will be …Wed Apr 08 2009 - 01:00
Aer Lingus passenger numbers fallAer Lingus’s passenger traffic continued to decline in March with the airline recording a 7 per cent drop in customer numbers…Tue Apr 07 2009 - 01:00
97% expect to see jobless rate riseA RECORD 97 per cent of consumers expect unemployment to rise over the next 12 months, according to the KBC Ireland/ESRI Consumer…Tue Apr 07 2009 - 01:00
Agency to deal with toxic bank assetsIreland is to set up an asset-management company to purchase development loans, Minister for Finance Brian Lenihan said in his…Tue Apr 07 2009 - 01:00
ADM Londis reports pretax profit of €4.1mRetailer and wholesaler ADM Londis has reported pre-tax profits of €4.1 million last year compared to €6Mon Apr 06 2009 - 01:00
InnovatorsAn automated system for organising sporting teams; selling Irish soil to Americans; online video recipes; and organic seaweed…Mon Apr 06 2009 - 01:00
Trial talks on revised AspirinDUBLIN: A REVISED form of Aspirin which may allow it to be used as a long-term preventative treatment for heart attacks and …Mon Apr 06 2009 - 01:00
Osteoporosis research boostCOLERAINE: RESEARCH INTO the debilitating bone disease osteoporosis has received a boost with the establishment of an All-Ireland…Mon Apr 06 2009 - 01:00
Consumer sentiment holds steadyA record 97 per cent of consumers expect unemployment to rise over the next 12 months.Mon Apr 06 2009 - 01:00
Services sector contracts for 14th monthIRELAND’S SERVICES sector contracted for a 14th consecutive month in March but there was an increase in the number of businesses…Sat Apr 04 2009 - 01:00
United Drug says first-half profits down but sees hope for full yearMEDICINES distributor United Drug said its first-half profits will be below the same period last year due to the impact of sterling…Sat Apr 04 2009 - 01:00
Ulster Bank and First Active not to pass on interest rate cutONE OF the largest mortgage lenders in the State, the Ulster Bank Group, has decided not to pass on the reduction in interest…Sat Apr 04 2009 - 01:00
Services sector contracts in March but expectations riseIreland's services sector contracted for a 14th consecutive month in March but there was an increase in the number of businesses…Fri Apr 03 2009 - 01:00
United Drug says profit will be 'in line' with 2008Medicines distributor United Drug expects profits before exceptional costs this year to be “at least in line” with 2008.Fri Apr 03 2009 - 01:00
Central Bank says economy to contract 7% this yearThe Irish economy will contract by almost 7 per cent this year and by 3 per cent next year, according to the latest quarterly…Fri Apr 03 2009 - 01:00
ECB surprises markets with smaller than expected interest rate cutTHE EUROPEAN Central Bank (ECB) surprised financial markets by cutting its main interest rate by a smaller than expected 25 basis…Fri Apr 03 2009 - 01:00
Decline in manufacturing eases slightly, notes reportTHE DECLINE in Ireland’s manufacturing sector eased slightly last month although new orders, employment and output all dropped…Thu Apr 02 2009 - 01:00
Most lenders confirm they will pass on rate cutMost Irish mortgage lenders have confirmed that they are going to pass on today's interest rate cut of 25bps to a new low of …Thu Apr 02 2009 - 01:00
ECB cuts interest rates to new low of 1.25%The European Central Bank (ECB) surprised financial markets today by cutting its main interest rate by a smaller-than-expected…Thu Apr 02 2009 - 01:00
Fingleton to step down as Irish Nationwide CEOMichael Fingleton is to step down as chief executive of Irish Nationwide by the end of this month, the lender said in a statement…Thu Apr 02 2009 - 01:00
Bord Gáis reports 10% fall in pretax profitsState energy company Bord Gáis has reported a 10 per cent fall in pretax profits to €151 million for 2008.Thu Apr 02 2009 - 01:00
450 jobs lost as workers face cuts in pay, conditionsMORE THAN 450 jobs were lost across Ireland yesterday, with employees at other firms including Big Four accountant Ernst &…Wed Apr 01 2009 - 01:00
AGI posts $18.2m loss, reports Rezular progressGastro-intestinal drugs development company AGI Therapeutics has reported a pretax loss of $18.2 million (€13Wed Apr 01 2009 - 01:00
Sharp rise in number of insolvent firmsThe number of Irish-based firms entering insolvency in the first three months of the year is higher than the full-year total …Wed Apr 01 2009 - 01:00
Sysco buys Limerick-based Pallas FoodsPALLAS FOODS, a Co Limerick-based food distributor, has been sold for an undisclosed fee to international food group Sysco.Wed Apr 01 2009 - 01:00
Transfer of €3.5bn to B of I completedTHE TRANSFER of €3.5 billion in Government funds to Bank of Ireland under the recapitalisation was completed yesterdayWed Apr 01 2009 - 01:00
Lending to the private sector slows in FebruaryPrivate sector borrowing slowed slightly in February as residential mortgage lending remained relatively static last month, according…Tue Mar 31 2009 - 01:00
Qualceram shares suspended as bank talks stallBathroom suite maker Qualceram Shires has requested the suspension of its shares today following the apparent failure of talks…Tue Mar 31 2009 - 01:00
WorldSpreads to exit sports spread-betting businessDublin-based financial spread betting group WorldSpreads is to exit the sports spread-betting business after a “difficult trading…Tue Mar 31 2009 - 01:00
Limerick food distributor Pallas sold to SyscoPallas Foods, a Co Limerick-based food distributor has been sold for an undisclosed fee to international food company Sysco Corporation…Tue Mar 31 2009 - 01:00
