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€50m pharmacy takeover bid not going ahead

A €50 MILLION takeover deal involving one of the State’s biggest pharmacy chains is not going ahead after a dispute forced the…

Fri Aug 20 2010 - 01:00

Insurance group to stop indemnifying UK solicitors

QUINN INSURANCE intends to stop providing professional indemnity cover to solicitors in England and Wales from next October.

Fri Aug 20 2010 - 01:00

Profits at Sam McCauley chemists grow 45% to €7.5m

OPERATING PROFITS at independent pharmacy chain, Sam McCauley chemists, grew 45 per cent to €7

Thu Aug 19 2010 - 01:00

Amarin appoints new chief executive

BIOPHARMACEUTICAL group Amarin has appointed Colin W Stewart as chief executive officer, president and board member, the company…

Wed Aug 18 2010 - 01:00

Readymix reveals first-half losses

BUILDING MATERIALS group Readymix lost €6

Wed Aug 18 2010 - 01:00

Richardson step downs from role at Boylesports

RECENTLY appointed Boylesports chief executive Lee Richardson is leaving the Irish bookmaking chain for family reasons.

Wed Aug 18 2010 - 01:00

Premier Hotels in dispute over VAT bill for €230,000

PREMIER HOTELS, which was placed in liquidation last week, is in dispute with the Revenue Commissioners over a €230,000 VAT bill…

Tue Aug 17 2010 - 01:00

ESB unions sign off on three-year pay freeze

ESB WORKERS will today formally agree to a pay freeze as part of a deal aimed at tackling the State-owned energy company’s €2…

Tue Aug 17 2010 - 01:00

Online games developer Cryptologic to cut jobs after losing $16m and chief executive

ONLINE CASINO games developer Cryptologic plans to cut part of its 200-strong workforce following poor second quarter results…

Sat Aug 14 2010 - 01:00

Smurfit Kappa sales increase by 7% to €3.2bn

PAPER AND packaging specialist Smurfit Kappa Group’s (SKG) operations earned profits of €206 million in the first six months …

Thu Aug 12 2010 - 01:00

Element Six lost €36m last year

DE BEERS-BACKED industrial diamond manufacturer Element Six lost $36 million last year while its parent was forced to guarantee…

Thu Aug 12 2010 - 01:00

Firms get payout from electricity levy

TWO PRIVATE companies backed by multinationals will share a €14 million payout from the €157 million public service charge that…

Wed Aug 11 2010 - 01:00

US equity giant to take stake in McInerney

US PRIVATE equity giant Oaktree Capital is close to taking a stake in troubled house builder McInerney, which has been wrestling…

Tue Aug 10 2010 - 01:00

Silks fails to beat odds

Casino faces liquidation

Sat Jul 24 2010 - 01:00

Sale of State assets considered

Airports, ports, RTÉ and the ESB are included in a list of State companies that a Government-appointed group will consider selling…

Fri Jul 23 2010 - 01:00

Government sets up group to consider disposal of State assets

AIRPORTS, PORTS, RTÉ and the ESB are included in a list of State companies that a Government-appointed group will consider selling…

Fri Jul 23 2010 - 01:00

Premier Hotels Ltd faces liquidation over rent

PREMIER HOTELS Ltd, one of the subsidiaries of hotel management firm Prem Group, is facing liquidation after failing to agree…

Thu Jul 22 2010 - 01:00

Oil, gas price hikes could see economy fall by 7.5%

SHARP OIL and gas price increases could send the Irish economy plummeting by as much as 7

Thu Jul 22 2010 - 01:00

Borrowing costs put dent in profits at Bord na Móna

INCREASED INTEREST charges from extra borrowing dented profits at State company Bord na Móna this year, figures published by …

Tue Jul 20 2010 - 01:00

DCC indicates further acquisitions likely this year

INDUSTRIAL HOLDING company DCC is hoping make further acquisitions this year to follow two purchases made over the last three…

Sat Jul 17 2010 - 01:00

Bank told Government it would not require external capital

ANGLO CLAIMS: ANGLO IRISH Bank, whose rescue could cost taxpayers €25 billion, told the Government that it needed no external…

Sat Jul 17 2010 - 01:00

Abbey profits top €15m but slow UK house sales set to retard growth

PROFITS AT housebuilder Abbey exceeded €15 million in its last financial year, but the company expects sales to drop over the…

Fri Jul 16 2010 - 01:00

Martin Blake found dead at home

WELL-KNOWN BUSINESSMAN Martin Blake, has died suddenly, aged 57

Fri Jul 16 2010 - 01:00

Multinationals warn of job losses over electricity levy

MULTINATIONAL EMPLOYERS have warned State agency IDA Ireland that they will have to cut jobs if the energy regulator goes ahead…

Thu Jul 15 2010 - 01:00

Lending plan gets cautious welcome

BUSINESS REACTION: BUSINESS LOBBY groups cautiously welcomed Government plans to have the banks lend €12 billion to small and…

Wed Jul 14 2010 - 01:00

Good showing from CRH and banks helps index advance

DUBLIN REPORT: Iseq: 2,948.45 (+48

Wed Jul 14 2010 - 01:00

Growth in Britain sees Grafton profits rebound in second quarter

PROFITS AT DIY and builders’ merchants specialist Grafton rebounded in the second quarter after a poor performance in the opening…

Wed Jul 14 2010 - 01:00

Quinn company fined for price-fixing

BELGIAN AUTHORITIES have fined part of the troubled Quinn Group for conspiring with three of its rivals to fix the price of radiators…

Wed Jul 14 2010 - 01:00

CRH boosts Iseq performance

The Irish market looked set to outperform peers today as a strong performance from leading stock, CRH, and the banks helped lift…

Tue Jul 13 2010 - 01:00

SIAC seeks contracts to build Polish motorways

IRISH COMPANY SIAC is in the running for a number of motorway building contracts in Poland and recently began looking at opportunities…

Fri Jul 09 2010 - 01:00

AIB, BoI unlikely to pass EU stress test - analyst

AIB AND Bank of Ireland are likely to be among 20 banks that will fail EU tests to see how well European financial institutions…

Fri Jul 09 2010 - 01:00

Abu Dhabi hospital block worth €60m next for Sisk

IRISH CONSTRUCTION group, Sisk, is set to build a new €60 million hospital block in Abu Dhabi for an international healthcare…

Fri Jul 09 2010 - 01:00

Sisk 'happy' despite 56% fall in profits to €10m

PROFITS AT building and civil engineering group Sisk fell by more than 50 per cent last year to €10 million, but the company …

Fri Jul 09 2010 - 01:00

ESB may have to hand over some assets to Eirgrid

ANALYSIS: Yesterday’s deal means the ESB will ultimately own both systems North and South

Thu Jul 08 2010 - 01:00

ESB to buy North's electricity operator for €1.25bn

THE ESB is likely to tap international bond markets to help fund its proposed €1

Thu Jul 08 2010 - 01:00

CRH says first-half profits to match 2009 but sales decline

BUILDING MATERIALS giant CRH expects profits for the first half of the year to stay in line with the €108 million it earned during…

Thu Jul 08 2010 - 01:00

Debt body recommends mortgage arrears process

GOVERNMENT PROPOSALS to help people who cannot pay their mortgages do not require banks to extend an existing one-year wait before…

Wed Jul 07 2010 - 01:00

Conditional green light for Tullow Oil Uganda deal

THE UGANDAN government has given Irish explorer Tullow a conditional green light to go ahead with its $1.5 billion (€1

Wed Jul 07 2010 - 01:00

St Vincent's CF unit stalls over builder

PLANS FOR a specialist cystic fibrosis treatment unit face the possibility of further delays after the hospital involved moved…

Tue Jul 06 2010 - 01:00

Nama losses may amount to several hundred million euro

TAXPAYERS ARE facing the possibility of losing several hundred million euro through the State’s toxic property loans agency, …

Mon Jul 05 2010 - 01:00

Property prices continue to fall

HOUSE PRICES continued to fall in the second three months of the year, dipping almost 3

Mon Jul 05 2010 - 01:00

Electricity customers to pay €60m extra for wind power

ELECTRICITY customers will have to pay €60 million extra for wind power and €90 million more for peat generation from next autumn…

Mon Jul 05 2010 - 01:00

Fewer Nama loans making income

Taxpayers are facing the possibility of losing several hundred million euro through the State’s toxic property loans agency, …

Mon Jul 05 2010 - 01:00

€70m to be invested in motorway service sites

SERVICE STATION retailer Applegreen, building contractor Pierse and Top Oil plan to invest €70 million in a public-private deal…

Mon Jul 05 2010 - 01:00

Turbine trouble for Openhydro

IRISH GREEN energy company Openhydro’s efforts to develop a system to generate electricity from tidal power met a setback recently…

Mon Jul 05 2010 - 01:00

Transfer of ESB's grid may cost up to €150m

SPLITTING UP the ESB will cost the State energy company up to €150 million, consultants hired by a group representing worker …

Mon Jul 05 2010 - 01:00

Receiver for restaurants Asian chain still trading

PROBLEMS WITH its overseas operations have contributed to forcing Asian restaurant chain Mao into receivership.

Fri Jul 02 2010 - 01:00

Petroceltic dips 12% on Italian drill ban

EXPLORER PETROCELTIC’S share price dropped over 12 per cent yesterday after the company announced that an Italian government …

Fri Jul 02 2010 - 01:00

VHI had 2009 losses of almost €42m

STATE-CONTROLLED HEALTH insurer VHI ended 2009 almost €42 million in the red and lost 120,000 customers during the year, its …

Fri Jul 02 2010 - 01:00

Healthcare costs to grow by '6% to 7%' annually

THE COST of healthcare will hit €37 billion in 2020 and will grow at between 6 per cent and 7 per cent a year over the next decade…

Fri Jul 02 2010 - 01:00
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