Volatile stock markets help revenues at WorldspreadsVOLATILE STOCK markets helped drive growth at financial spread-betting firm Worldspreads in its second year as a public company…Wed Jul 01 2009 - 01:00
New investor to save some of Qualceram as liquidation loomsA NEW investor is set to save parts of the troubled bathroom fittings group Qualceram, but the plc itself is likely to be liquidated…Tue Jun 30 2009 - 01:00
IN&M creditors agree to extension on €200m debtINDEPENDENT NEWS & Media (IN&M) has agreed a four-week extension with creditors owed €200 million on foot of bonds originally…Sat Jun 27 2009 - 01:00
Oil giant Marathon sells interest in Corrib gas field for $400mUS OIL company Marathon is selling its share of the Corrib natural gas field off the west coast to Canadian rival Vermilion in…Fri Jun 26 2009 - 01:00
Skerries pub/restaurants heading for liquidationA WELL-KNOWN group of north Co Dublin pubs is heading for liquidation, it emerged yesterday.Fri Jun 26 2009 - 01:00
Barclays pursuit of retail developers will shine light on boom-time property dealingsKeen to enter the Irish market, it seems the UK bank offered favourable terms to two developers, writesFri Jun 26 2009 - 01:00
'Surgery' needed at IN&M before O'Brien invests furtherONE OF Independent News & Media’s (IN&M) biggest shareholders has warned the board that he is not prepared to invest …Thu Jun 25 2009 - 01:00
ECB lends €442bn to euro zone banksIRISH BANKS were among the 1,100 financial institutions who borrowed €442 billion from the European Central Bank (ECB) yesterday…Thu Jun 25 2009 - 01:00
Mortgage slump may have 'bottomed out'THE SLUMP in mortgage lending may have reached the bottom, according to a survey of mortgage brokers due to be published today…Tue Jun 23 2009 - 01:00
IN&M considers €60m rights issue as part of deal to settle €200m debtINDEPENDENT NEWS and Media (INM) is considering raising €60 million from shareholders as part of a deal to settle a €200 million…Tue Jun 23 2009 - 01:00
Cheaper flights for staff of State bodies under new rulesEXECUTIVES AND staff of State bodies will have to take cheap flights and stay in budget accommodation when they travel on business…Sat Jun 13 2009 - 01:00
Windfalls come downTOP 1000/ALTERNATIVE ENERGY: IT COMES as no surprise the two alternative energy players on this year’s Top 1,000 list are Airtricity…Fri Jun 12 2009 - 01:00
CREO changes some terms of management agreementPROPERTY INVESTMENT vehicle China Real Estate Opportunities (CREO) has eliminated terms from a management deal that led to it…Fri Jun 12 2009 - 01:00
Kenmare expects mine to hit full production in NovemberKenmare agm: promising news from Mozambique: KENMARE RESOURCES expects its titanium mine in Mozambique to begin full production…Fri Jun 12 2009 - 01:00
TVC Holdings shed €66m of asset valueLAST YEAR’S market turbulence slashed more than €66 million off the value of assets held by quoted investment company TVC Holdings…Thu Jun 11 2009 - 01:00
Stocks buoyed by news of US bank bailout repaymentsMarket report: IRISH STOCKS edged up on a generally quiet day when a key influence on markets was news that 10 US banks were…Thu Jun 11 2009 - 01:00
British firm Serica Energy finds oil off Mayo coastA BRITISH exploration company has made the first discovery of oil off the west coast for almost 30 years.Wed Jun 10 2009 - 01:00
Mobile deal could cut costs by €100mTHE STATE’S telecoms regulator expects that consumers and businesses could save up to €100 million on their mobile phone bills…Wed Jun 10 2009 - 01:00
CRH leads Iseq highterIrish stocks edged up again on a generally quiet day when a key influence on markets was news that 10 leading US banks were cleared…Wed Jun 10 2009 - 01:00
Bord Gáis bond sale raises €550mSTATE-OWNED energy company Bord Gáis Éireann has borrowed €550 million through a bond sale to European corporate investors…Wed Jun 10 2009 - 01:00
'Worst is over' in building industryTHE RATE of decline in the building industry accelerated last month, but one economist says the figures indicate that the worst…Mon Jun 08 2009 - 01:00
Sigmar management may make offer to receiverTHE MANAGEMENT of recruitment company Sigmar could be set this week to make an offer for the business to the receiver of its …Mon Jun 08 2009 - 01:00
O'Connell to leave Shelbourne DevelopmentsTHE HEAD of property company Shelbourne Developments’ Irish operations is leaving the company.Mon Jun 08 2009 - 01:00
Blackrock chiefs seek prompt meeting on insolvent partnerEXECUTIVES AT property investor Blackrock International Land are hoping to meet the administrator of the company’s insolvent …Fri Jun 05 2009 - 01:00
Pierse Contracting's British arms go into liquidationTWO BRITISH subsidiaries of building group Pierse are in liquidation following actions by creditors and the company itself this…Fri Jun 05 2009 - 01:00
Receiver for Newcourt as shares suspendedBANK OF Ireland has taken control of services group Newcourt, after the company yesterday asked it to appoint a receiver because…Fri Jun 05 2009 - 01:00
Petroceltic expects Algeria report soonEXPLORATION GROUP Petroceltic expects to begin providing shareholders with detailed information from drilling in Algeria next…Thu Jun 04 2009 - 01:00
Paddy Power in deal for bookie in AustraliaBOOKMAKER PADDY Power will pay up to €9.1 million to fund its Australian subsidiary’s purchase of a local rival.Thu Jun 04 2009 - 01:00
Private investors put €38m into hospitalPRIVATE INVESTORS are putting up €38 million for the last hospital development supported by a tax-relief scheme closed in the…Wed Jun 03 2009 - 01:00
ISME says up to 70,000 jobs in immediate dangerUP TO 70,000 jobs are under threat in small businesses, one lobby group has warned.Tue Jun 02 2009 - 01:00
Compliance plans back on agenda after debateCONTROVERSIAL PROPOSALS to force company directors to make compliance statements with their annual returns and results are back…Tue Jun 02 2009 - 01:00
Rate of decline in Irish manufacturing less severeTHE RATE of decline in Irish manufacturing slowed last month, the latest figures showTue Jun 02 2009 - 01:00
EBS to write off 37% of €512m loansEBS BUILDING Society told members yesterday that it expects to write off up to 37 per cent of the €512 million that it loaned…Sat May 30 2009 - 01:00
Ryanair puts Minister on spot over Aer LingusRYANAIR CHIEF Michael O’Leary is attempting to recruit Minister for Transport Noel Dempsey to his campaign to cut Aer Lingus …Sat May 30 2009 - 01:00
Blackrock delays decision on Scottish investmentsPROPERTY PLAYER Blackrock International Land is holding fire on a decision about the future of five Scottish investments until…Fri May 29 2009 - 01:00
Tullow Oil likely to seek partner in UgandaEXPLORATION GROUP Tullow Oil is likely to seek a partner to speed up the development of its Ugandan interests when it brings …Fri May 29 2009 - 01:00
Waterford pension case may go to ECJFORMER WATERFORD workers who are suing the Government for failing to provide pension protection expect their case to go to the…Fri May 29 2009 - 01:00
'Welfare to work' scheme proposedTHE GOVERNMENT is proposing a work for welfare programme aimed at providing job placements for up to 2,000 unemployed people.Thu May 28 2009 - 01:00
Profits at Northern Foods slip 5%PROFITS AT the manufacturer of Donegal Catch frozen fish and Goodfella’s pizzas were down 5 per cent at €55 million in its last…Thu May 28 2009 - 01:00
Anglo jitters drag Iseq lowerJitters over what tomorrow’s Anglo Irish Bank results will reveal and another fall in construction stocks dragged the Irish market…Thu May 28 2009 - 01:00
Directors re-register addressesNEWS: DIRECTORS OF building group, McNamara, have switched their registered addresses to the company’s business premises from…Wed May 27 2009 - 01:00
High Court disputes may cost at least €500,000DEVELOPER RESPONSE : ANALYSIS: Values assigned to each property is likely to be a key issue for all parties involvedWed May 27 2009 - 01:00
Sigmar boss seeking to buy out Newcourt interestADRIAN McGENNIS, boss of recruitment and training group Sigmar, is seeking to buy all or part of the business from its quoted…Tue May 26 2009 - 01:00
Anglo faces pressure to unveil new strategyTHE GOVERNMENT is unlikely to give any cash to Anglo Irish Bank before its board produces a business plan and its exposure to…Tue May 26 2009 - 01:00
Warning of 10% rise in home and motor coverMOTOR AND home insurance costs could rise by up to 10 per cent this year, according to one of the country’s biggest underwriters…Sat May 23 2009 - 01:00
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
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
