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Management buy back Merrion Capital at €60m discount

MANAGEMENT AT Ballsbridge-based stockbroker Merrion Capital have bought back the company from troubled Icelandic financial group…

Tue Oct 14 2008 - 01:00

Poland to set out measures to cope with financial crisis

POLAND: POLAND'S FINANCE ministry, the central bank and the country's financial watchdog are set to meet the chief executives…

Mon Oct 13 2008 - 01:00

Management preparing bid for Merrion Landsbanki

THE MANAGEMENT team at Ballsbridge-based stockbroker Merrion Landsbanki is believed to be preparing a bid to take back full ownership…

Sat Oct 11 2008 - 01:00

London fund seeks €11.8m for losses on ICG shares

THE PHILIP Lynch-led Moonduster consortium is believed to have received a demand for €11

Sat Oct 11 2008 - 01:00

Outgoing CC chief says firm has sparkling future in store

DEPARTING C&C chief executive Maurice Pratt doesn't do regrets but if he could turn back the clock on his seven-year stewardship…

Fri Oct 10 2008 - 01:00

Dublin firm has high hopes for Botswana

DUBLIN-BASED consultants International Development Ireland (IDI) has begun talks with the government in Botswana about a three…

Fri Oct 10 2008 - 01:00

CC shares climb 9% despite profit warning

SHARES IN Irish drinks group C&C rose by almost 9 per cent yesterday in Dublin in spite of the company issuing a profit warning…

Fri Oct 10 2008 - 01:00

O'Leary's transatlantic ambitions

RYANAIR BOSS Michael O'Leary this week suggested that a sister operation could be launched within three years offering a no-frills…

Fri Oct 10 2008 - 01:00

Office space is new final frontier

FIRST IT was developers Ray Grehan and Bernard McNamara offering interest-free loans to tempt buyers to their residential schemes…

Fri Oct 10 2008 - 01:00

Waterford statement on funds 'placing'

WATERFORD WEDGWOOD yesterday informed the stock market that it could be the middle of December before it concludes a "placing…

Thu Oct 09 2008 - 01:00

WPP media buys TNS research firm

THE MARTIN Sorrell-led quoted media giant WPP Group has succeeded in its long-running bid to to acquire market research firm …

Thu Oct 09 2008 - 01:00

Shares in Payzone fall to record low

SHARES IN troubled Dublin-based electronic payments group Payzone fell to an all-time low yesterday after the company announced…

Thu Oct 09 2008 - 01:00

Takeover panel contacted on ICG deals

THE IRISH Takeover Panel confirmed yesterday that it had received a letter from a third party alleging that certain share dealings…

Wed Oct 08 2008 - 01:00

Carraig gets deadline for firm Andor offer

TAKEOVER PANEL RULING: THE UK takeover panel has ruled that Carraig Capital, an investment group controlled by Cavan-based Kingspan…

Wed Oct 08 2008 - 01:00

Claim ICG share dealings could breach rules

THE IRISH Takeover Panel has received a letter from an adviser to leading property developer Liam Carroll alleging that certain…

Sat Oct 04 2008 - 01:00

Sweet returns for Jacob Fruitfield after restructuring boosts profits

FOOD GROUP Jacob Fruitfield increased operating profit, before exceptionals, last year by 16 per cent to €5

Sat Oct 04 2008 - 01:00

Paris-based Veolia gets four bids for its Irish waste management business

PARIS-BASED environmental services group Veolia has received four bids for its Irish waste management business, which it has …

Sat Oct 04 2008 - 01:00

Aer Lingus board gives go-ahead for cost-cutting

THE BOARD of Aer Lingus has given the green light to plans by management to introduce sweeping cost-cutting measures at the loss…

Sat Oct 04 2008 - 01:00

Musgrave withdraws bid for Superquinn

CORK-BASED wholesale grocery group Musgrave has withdrawn its bid for Superquinn

Fri Oct 03 2008 - 01:00

Davy makes pre-tax profit of €30m in first six months

DUBLIN-BASED stockbroker Davy made a pre-tax profit of more than €30 million in the first six months of this year.

Fri Oct 03 2008 - 01:00

TV3 to seek 15 redundancies as advertising slows

TV3 IS TO seek up to 15 voluntary redundancies from its 250-strong workforce as part of a move to trim €2 million annually from…

Thu Oct 02 2008 - 01:00

Market views Irish lenders as less of a risk

CREDIT SWAPS: THERE WERE signs yesterday that the Government's decision to guarantee the Irish banking system was having a positive…

Thu Oct 02 2008 - 01:00

Merrion to change hands again

IRISH STOCKBROKER Merrion Capital is set to change hands for the second time in three years.

Thu Oct 02 2008 - 01:00

Cook Medical to create 200 jobs

INDIANA-BASED medical devices company Cook Medical is to invest €25 million in a manufacturing and services facility in Limerick…

Wed Oct 01 2008 - 01:00

Kerry to appeal Competition Authority ruling on Breeo sale

TRALEE-BASED food group Kerry has decided to appeal the Competition Authority's decision to block its proposed €165 million acquisition…

Tue Sept 30 2008 - 01:00

Desmond's private gambling club reports €1.7m loss

DERMOT DESMOND'S Dublin-based private members club, the Sporting Emporium, made a loss of about €1.7 million in 2007.

Sat Sept 27 2008 - 01:00

Losses at Setanta UK subsidiary rise sharply to £3.1m Parent company claims it is 'pleased' with group growth

LOSSES AT a UK subsidiary of Irish pay television broadcaster Setanta Sports rose sharply to £3.1 million (€3

Thu Sept 25 2008 - 01:00

$25m funding for Blue Ocean

DUBLIN-BASED maritime communications group Blue Ocean Wireless has secured access to debt funding of $25 million (€17 million…

Thu Sept 25 2008 - 01:00

Ryanair says it will break even this year if oil stays near $100 a barrel

RYANAIR SHAREHOLDERS were told yesterday that the airline would break even in the year to the end of March, if oil remains at…

Fri Sept 19 2008 - 01:00

Credit crunch scuppered lucrative sale

IRISH NATIONWIDE: WHEN IRISH Nationwide members gathered in the RDS in April for its 133rd annual general meeting, they could…

Fri Sept 19 2008 - 01:00

HK Global posts 80% pretax rise

IRISH-OWNED kitchen equipment manufacturer HK Global Systems increased its pretax profit last year by 80 per cent to $21

Wed Sept 17 2008 - 01:00

Buy4Now backers net $15m windfall

IRISH RETAIL web portal Buy4Now has sold its subsidiary in the United States in a move that has allowed its backers to net a …

Tue Sept 16 2008 - 01:00

DAA awards final three T2 contracts

THE DUBLIN Airport Authority (DAA) has awarded the final three contracts for the construction of Terminal Two.

Mon Sept 15 2008 - 01:00

Japanese mobile phone firm splashes out $10m for stake in Blue Ocean

DUBLIN-BASED maritime mobile phone operator Blue Ocean Wireless has sold an 11

Fri Sept 12 2008 - 01:00

Diageo names Leixlip as site of new Guinness brewery

GUINNESS IS heading home

Thu Sept 11 2008 - 01:00

E-learning companyto create 450 jobs

IRISH E-LEARNING company Houghton Mifflin Harcourt (HMH) will invest €350 million over the next five years developing a research…

Thu Sept 11 2008 - 01:00

Britvic Ireland provides little sparkle

BRITISH SOFT drinks group Britvic said yesterday that its operating profit in Ireland in the current financial year would be …

Wed Sept 10 2008 - 01:00

Fitzpatrick looking out for third hotel property to buy in New York city

IRISH HOTELIER John Fitzpatrick is considering buying a third property in New York following a strong profit performance by his…

Wed Sept 10 2008 - 01:00

Tara Mines pays €97m dividend to Swedish parent group

THE TARA lead and zinc mine near Navan, Co Meath paid a €97 million dividend to its Swedish parent group Boliden in 2007 following…

Wed Sept 10 2008 - 01:00

Aviation group Pembroke flying with profits of $19m

DUBLIN-BASED aviation leasing business Pembroke Capital reduced its accumulated losses last year to $25 million after returning…

Wed Sept 10 2008 - 01:00

Radio Nova awarded Dublin rock licence

DÚN LAOGHAIRE-based Radio Nova, which is backed by millionaire executives Barry O'Callaghan, Pat McDonagh and Ulick McEvaddy, …

Tue Sept 09 2008 - 01:00

Irish Press reports loss of over €800,000

DUBLIN-BASED Irish Press plc made a loss after tax of €822,000 in 2007 following the write-off of investments in specialist lender…

Tue Sept 09 2008 - 01:00

Futura Gael made profits of €2.7 million last year

FUTURA GAEL, the Swords, Co Dublin-based charter airline that ceased flying yesterday, was given a clean bill of health in April…

Tue Sept 09 2008 - 01:00

Riverdance duo sell shares in hotel company

RIVERDANCE CREATORS John McColgan and Moya Doherty have sold their shares in the company that owns the five-star Claridge's, …

Sat Sept 06 2008 - 01:00

Broadband provider Magnet gets €55m from its US parent

LOSS-MAKING Irish broadband and digital television provider Magnet Networks received an equity injection of €55 million earlier…

Sat Sept 06 2008 - 01:00

Gadafy fund invests £19m in Circle Oil

DUBLIN-BASED oil and gas exploration group Circle Oil has secured an investment of £19 million (€23

Fri Sept 05 2008 - 01:00

€400,000 bill as travel firms go bust

THE COMMISSION for Aviation Regulation (CAR) has spent about €400,000 so far this year repatriating consumers affected by the…

Wed Sept 03 2008 - 01:00

Aer Arann awarded Knock-Dublin route

AER ARANN has been awarded the contract to operate scheduled flights on the Knock-Dublin public service obligation (PSO) route…

Wed Sept 03 2008 - 01:00

Superquinn checks out options as six potential bidders emerge

SIX POTENTIAL bidders have expressed interest in Superquinn and the owners of the supermarket chain have instructed their advisers…

Wed Sept 03 2008 - 01:00

Bumper season helps Celtic score record-breaking pretax profit of £15m

SCOTTISH FOOTBALL club Celtic accounted for almost 43 per cent of the combined turnover of the 12 Scottish Premier League (SPL…

Tue Sept 02 2008 - 01:00
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