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CIF warns of just 80,000 jobs in building sector

JOBS IN the Republic’s building industry will shrink to about 80,000, less than half what it should be, unless the Government…

Tue Apr 12 2011 - 01:00

UK firm registers judgment against Pierse parent

A BRITISH engineering services firm has registered a judgment for almost €100,000 against the parent of Pierse Contracting, the…

Sat Apr 09 2011 - 01:00

Over €10m in profits for Pallas Foods

PALLAS FOODS, the Limerick-based group sold to US giant Sysco for a reported €200 million, made over €10 million in profits last…

Thu Apr 07 2011 - 01:00

Iseq up over 1% and leads way in gains across Europe

Iseq: 2,981.42 (+33.17) Settlement date: April 9th: THE IRISH market outperformed its peers yesterday on the back of gains by…

Thu Apr 07 2011 - 01:00

Oaktree plan for McInerney remains on course

US FUND Oaktree Capital’s plans to invest in troubled house builder McInerney Homes will not be affected by the decision of two…

Wed Apr 06 2011 - 01:00

House values halve since peak of boom

HOUSE PRICES fell by 13

Fri Apr 01 2011 - 01:00

Boy from the black stuff

FRIDAY INTERVIEW: Brian O'Cathain, Petroceltic

Fri Apr 01 2011 - 01:00

IRISH LIFE & PERMANENT

IRISH LIFE & Permanent (IL&P) plans to float its pensions and investment business on the stock market to boost its capital…

Fri Apr 01 2011 - 01:00

Over €6m paid to CRH executives

BUILDING MATERIALS giant CRH paid its executives slightly less in 2010 than the previous year, according to its annual report…

Fri Apr 01 2011 - 01:00

Tullow sells share in oil licences for $2.9bn

EXPLORATION GROUP Tullow took another step towards the development of its potentially lucrative Uganda licences with the sale…

Thu Mar 31 2011 - 01:00

IL&P to float parts of business

Irish Life & Permanent (IL&P) plans to float its pensions and investment business on the stock market to boost its capital…

Thu Mar 31 2011 - 01:00

AIB to sell four loans businesses to GSO

ASSET SALES: AIB IS set to sell four businesses that allow people to invest in corporate loans to a division of private equity…

Thu Mar 31 2011 - 01:00

Mansfields drop firm running golf course

AN ACCOUNTANCY firm hired by the Mansfield family to run its golf course at Palmerstown, Co Kildare, is considering legal action…

Wed Mar 30 2011 - 01:00

Ardagh set to buy Italian firm for €125m

IRISH-BACKED glass and packaging group Ardagh is set to buy a smaller rival in Italy in a deal valued at about €125 million…

Tue Mar 29 2011 - 01:00

Kentz revenues top $1bn for first time and profits rise

PROFITS AT engineering specialist Kentz grew 50 per cent to $67

Tue Mar 29 2011 - 01:00

Energy firm GE to expand workforce

MULTINATIONAL FIRM GE is recruiting 20 engineers and IT staff this year as it continues to invest in its energy business in Ireland…

Mon Mar 28 2011 - 01:00

Jerry O'Reilly steps down as director of Belltrap

DEVELOPER JERRY O’Reilly has resigned from Belltrap, a company associated with himself and fellow property player Bernard McNamara…

Mon Mar 28 2011 - 01:00

Workers at ESB unwilling to take pay cut

ESB WORKERS are not prepared to enter talks on plans to cut payroll costs by €140 million unless they get a guarantee that the…

Mon Mar 28 2011 - 01:00

Online gaming specialist weighs up sale move

INTERNET GAMBLING software specialist Cryptologic is considering the possibility of a sale of all or part of the business in …

Sat Mar 26 2011 - 00:00

Lynch to stay as CIÉ chief for three months

THE GOVERNMENT has asked Dr John Lynch to stay on as executive chairman of CIÉ for three more months but has pledged to shake…

Sat Mar 26 2011 - 00:00

ESB planning to cut payroll bill by €140m

THE ESB intends to cut about €140 million from its wage bill as it attempts to soften the impact of losing 800,000 customers …

Fri Mar 25 2011 - 00:00

Luring visitors from abroad

FRIDAY INTERVIEW: Niall Gibbons, Tourism Ireland: TOURISM IRELAND is going back to basics

Fri Mar 25 2011 - 00:00

ESB chief to retire a year before end of contract

ESB CHIEF executive Pádraig McManus plans to retire shortly, a year before his contract at the helm of the State-owned energy…

Thu Mar 24 2011 - 00:00

Gambling software firm trims losses

Losses at online gambling software firm Cryptologic fell 42 per cent last year to €14 million, according to company figures released…

Wed Mar 23 2011 - 00:00

Tribunal challenged to prove findings in court

DUNNE REACTION: BUSINESSMAN BEN Dunne challenged the Moriarty tribunal to prove its findings against him in court after its …

Wed Mar 23 2011 - 00:00

Providence to begin testing oil flow in Celtic Sea finds

OIL AND gas exploration group Providence will begin oil flow testing on its discoveries in the Celtic Sea this summer, its chief…

Sat Mar 12 2011 - 00:00

K Club expects to incur further losses and has submitted business plan

THE MICHAEL Smurfit-backed K Club expects to lose money this year and has submitted a business plan, according to its latest …

Sat Mar 12 2011 - 00:00

Fine on Sisk cut by more than 90%

A BRITISH competition law appeals body yesterday cut a fine imposed in 2009 on Irish builder Sisk by over 90 per cent.

Sat Mar 12 2011 - 00:00

Iseq slides further as CRH dips on profit-taking

Iseq: 2,874.50 (–23

Fri Mar 11 2011 - 00:00

Recession takes its toll on sport of kings and property developers

ANALYSIS: The number of horses in training in Ireland has taken a tumble from its boomtime peak

Fri Mar 11 2011 - 00:00

International issues hurt Iseq

Slowing Chinese export growth, a ratings cut for Spain and a concerns over yesterday’s Portuguese bond issue put European stocks…

Thu Mar 10 2011 - 00:00

Irish stocks fail to rally in late European comeback

Iseq: 2,924.05 (–1

Wed Mar 09 2011 - 00:00

Profits at M&J Gleeson almost double to €5m

PROFITS AT the manufacturer of Tipperary Mineral Water and Finches soft drinks almost doubled to €5 million last year.

Wed Mar 09 2011 - 00:00

Profits at Paddy Power climb 48% to €104m

GROWTH IN its three territories and its betting shop and online divisions boosted quoted bookmaker Paddy Power’s profits by 48…

Tue Mar 08 2011 - 00:00

Iseq lags behind European peers

Fears that interest rate and energy price hikes could slow any recovery depressed most European markets, but stocks made a come…

Tue Mar 08 2011 - 00:00

Spreading risk across three markets

ANALYSIS: Paddy Power has added a sizeable presence in Australia and the UK to its Irish core

Tue Mar 08 2011 - 00:00

Four Star Pizza creditors repaid 7% of debts

UNSECURED CREDITORS were paid just 7 per cent of their debts under the rescue plan for fast-food chain, Four Star Pizza, which…

Mon Mar 07 2011 - 00:00

McInerney appeals go to Supreme Court

THE SUPREME Court will hear appeals from both sides in the dispute over the future of housebuilder McInerney.

Sat Mar 05 2011 - 00:00

Bord Gáis says it is disadvantaged by energy price ruling

STATE COMPANY Bord Gáis says yesterday’s ruling by the Commission for Energy Regulation lifting controls on domestic electricity…

Sat Mar 05 2011 - 00:00

Time is right for State to invest in infrastructure - Sisk chief executive

THE STATE should take advantage of low construction costs and continue to invest in infrastructure that will need in the future…

Sat Mar 05 2011 - 00:00

Busy day for key players as CRH sees price recover

Iseq: 2,930.43 (+8.77)

Fri Mar 04 2011 - 00:00

Pretax profits at Grafton Group up almost 90% to €25m

PROFITS AT the group behind the Woodie’s DIY chain jumped almost 90 per cent to €25 million last year.

Fri Mar 04 2011 - 00:00

Action against Elan over Johnson & Johnson deal

A US LAW firm is taking a class action suit against Irish pharmaceutical developer Elan, claiming that a deal it did with multinational…

Thu Mar 03 2011 - 00:00

Nama now owns €71bn of bank property loans

STATE TOXIC debt agency, Nama, now owns €71 billion worth of property loans given by Irish banks to developers during the boom…

Thu Mar 03 2011 - 00:00

Pretax profits at CRH declined by 27% in 2010

THE SHARE price of building materials giant CRH fell by almost 3 per cent yesterday after the company said pretax profits in …

Wed Mar 02 2011 - 00:00

Group sees opportunities to spend acquisition fund

ANALYSIS: THERE ARE signs that CRH could step up spending on acquisitions and development in the year ahead.

Wed Mar 02 2011 - 00:00

Leading lights profit from insolvency

About 30 companies a week entered an insolvency process last year, but who is running them now?

Fri Feb 25 2011 - 00:00

Gaelectric to invest €68m in wind farm

ENERGY GROUP Gaelectric is planning to invest €68 million in a wind farm in Derry after getting the green light for the project…

Fri Feb 25 2011 - 00:00

Hotelier to buy franchise for pizza chain

HOTELIER MICHAEL Holland plans to buy the Four Star Pizza franchise in Ireland and Britain as part of a rescue plan for the chain…

Wed Feb 23 2011 - 00:00

Bank of Ireland suing Savills in Britain over valuation of project

BANK OF IRELAND is suing property advisers Savills in Britain for £1

Tue Feb 22 2011 - 00:00
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