Ardagh’s riskiest bonds hit low of 21 cent on the euro on Apollo dealDeclines follow Ardagh’s deal with the debt solutions company to buy out some of the group’s riskiest bondsFri Apr 19 2024 - 18:13
European shares rise on strong corporate earningsIreland’s Iseq All-Share index gained 1.2% with banking stocks in demandThu Apr 18 2024 - 18:03
Irish Independent owner Mediahuis in talks to buy Journal.ieJournal Media was established in 2010 by brothers Brian and Eamonn FallonThu Apr 18 2024 - 17:38
Aviva to re-enter health insurance in joint venture with ex VHI bossThe as yet unnamed venture is to begin selling private health insurance in the second half of 2024Thu Apr 18 2024 - 16:53
Family affairs: How Ireland’s newly rich are putting money to work in secretive firmsAs a result of sales of businesses, a plethora of family investment vehicles have sprung up in Dublin around Fitzwilliam Square and its adjacent streetsThu Apr 18 2024 - 06:00
Corre hires Rothschild to advise on investment interest in energy storage developerRenewable energy storage developer’s shares have lost almost 75% of their value over the past 12 monthsWed Apr 17 2024 - 09:11
European shares drop as investors fret about tension in Middle EastBanking stocks out of favour as Iseq All Share index declines and IMF warns of likelihood of central banks raising ratesTue Apr 16 2024 - 18:38
Three former Aryzta executives join ex-CEO in suing bakery groupThe former executives with Cuisine de France parent are suing for ‘specific performance’, signalling they are seeking compensation to which they claim they are entitledTue Apr 16 2024 - 13:19
Ardagh enlists Apollo to refinance $700m debt falling due next year Companies also agree plan to mop up some risky bonds as S&P moved earlier this month to downgrade company on account of $12bn debt burdenMon Apr 15 2024 - 09:06
Ardagh’s debt nears $11.2bn amid S&P warning on risksPackaging group’s riskiest bonds are currently trade at as low as 27 cents on the dollarSat Apr 13 2024 - 06:00
Glanbia plan for €750,000 chief financial officer retention bonus slammed Investor advisers ISS and Glass Lewis query proposed payout to Mark GarveySat Apr 13 2024 - 06:00
Ryanair is world’s most valuable airline but can O’Leary get his €100m?Shares in carrier have traded in past month above €21 level and may trigger a €100 million stock bonus for CEOSat Apr 13 2024 - 06:00
‘Real’ Iseq 20 market value is more than double official list’s €100bnExits of heavyweights from Dublin stock market have triggered concern in the industry as to its future viabilityFri Apr 12 2024 - 05:43
Former Aryzta chief Kevin Toland files lawsuit against bakery groupOwner of Cuisine de France Ireland hired former DAA chief in 2017 to help stabilise the businessThu Apr 11 2024 - 17:32
ECB maintains rates at record high but with clear signal of pending cuts The ECB currently expects that euro zone inflation, which was running at 2.4 per cent last month, will reach its target by the middle of next yearThu Apr 11 2024 - 13:30
Kingspan investors urged to vote against chairman amid ESG oversight concernsProxy advisory company Glass Lewis concerned at ‘paucity of disclosure’Thu Apr 11 2024 - 06:00
Ires sees €1.8m costs incurred dealing with activist investor campaign Settlement this week will see Ires support nomination of two Vision Capital candidates to board at the apartment owner’s agm next monthWed Apr 10 2024 - 18:37
Smurfit Kappa delay to chairman exit backed by shareholder adviserIrial Finan has been on the board for 12 years, three years over the recommended length for non-executive directorsWed Apr 10 2024 - 06:00
Bank of Ireland reworks green mortgages to offer discounts down to energy rating GCustomers with a home carrying a Building Energy Rating of A to qualify for a 0.35 percentage point cutTue Apr 09 2024 - 17:19
Insurers face pressure to cut premiums as court removes injury awards uncertainty‘Insurers have a responsibility to reflect this in their premiums’Tue Apr 09 2024 - 13:31
Ires agrees to two Vision board seats to avert showdown at annual general meeting Property group refused nomination of number-one candidate Vision had put forwardMon Apr 08 2024 - 17:15
Axa refunds over €65,000 to customers for no-claims bonus errorFrench-owned insurer said it identified in February what it called ‘a historical systems-based error that impacted circa 400 motor customers’Mon Apr 08 2024 - 14:24
AIB ups competition in green mortgage with fresh rate cutsLender cuts rate on fixed-rate products by 0.2 percentage pointsMon Apr 08 2024 - 10:24
Cathal Friel’s green transition firm shares rise in London debutIPO is fifth put together by Irish serial entrepreneur Cathal Friel in past dozen yearsMon Apr 08 2024 - 09:52
Cork native Gordon Hardie named chief executive of US glass containers giantO-I Glass appointment will see three of the world’s largest packaging groups under the influence of IrishmenSat Apr 06 2024 - 06:00
Disney may struggle to stir creative juices after fending off boardroom blitzStudio giant had a number of box-office flops last yearSat Apr 06 2024 - 06:00
Ires activist investor wants firm to pay €425,000 of its campaign costs as compromise on board seats failsIres Reit says offer of two board seats has been rejected by Canadian investment firm Vision CapitalFri Apr 05 2024 - 08:15
AIB plans to mop up ‘worthless’ small stakes once valued at up to €120,000A repurchase would crystallise large capital losses for pre-crash AIB investors, even if they could be used to offset tax on investment gains elsewhereFri Apr 05 2024 - 05:45
Bank of Ireland online and mobile banking restored after outageBank apologises for inconvenience over latest glitch to hit its ebanking servicesThu Apr 04 2024 - 13:37
‘No silver bullet’ for Greencore as activist’s stake breaches 5% – DavyShares at the sandwich maker rallied 63% in London over the past 12 months but remain 60% below 2016 peakThu Apr 04 2024 - 11:07
Irish insurers’ profits from business coverage rebound from ‘lost decade’ of consistent lossesCentral Bank of Ireland data show declining claims costs relative to premiums earnedThu Apr 04 2024 - 00:07
PTSB raises €500m in green bonds to help fund cheaper loans for homes with high energy ratingsPTSB’s green three-year fixed-term loans start at 4% while a standard mortgage for the same term starts at 4.75%Wed Apr 03 2024 - 18:11
Pensions Council rejects proposal to load auto-enrolment with sharesAnalysis showed proposal by retired actuary could more than double income for workers in retirementWed Apr 03 2024 - 05:00
AIB’s capital relief plan to boost investor payouts, BofA saysBank also seen making major headway in coming years on using up remaining deferred tax assets used to minimise Revenue bill since crashWed Apr 03 2024 - 05:00
Former Iseq darling Corre Energy attracts investment interest after share slumpEnergy storage developer has yet to find a way to capture and hold on to shareholder valueSat Mar 30 2024 - 06:00
Irish-led green transition firm raises initial €7.6m in London IPOFunding garnered from institutional investors and family officesThu Mar 28 2024 - 17:47
Kingspan ends up with 35.7% of Nordic Waterproofing after failed takeover bidChief executive Gene Murtagh rules out improving offerThu Mar 28 2024 - 15:10
Digicel ‘has not seen significant impact’ on Haiti business from crisisCaribbean country is telecoms group’s largest market by mobile subscribersThu Mar 28 2024 - 05:30
Government plan for January start to pension auto-enrolment deemed ‘optimistic’Industry observers skeptical that scheme – aimed at capturing 750,000 workers without pension plans – can be up and running by start of 2025Wed Mar 27 2024 - 16:12
Irish banks ‘on track’ for EU instant payments even as survey finds deadlines ‘unrealistic’EU payment services providers must be capable of receiving payments in less than 10 seconds under legislation from JanuaryWed Mar 27 2024 - 08:00
Eir co-owner Iliad holds off on triggering option to take controlIliad has had a right since the start of this year to increase its stake in Eir to almost 58%Wed Mar 27 2024 - 06:00
Ardagh bonds drop as packaging giant eyes talks on debtA holding company at top of Paul Coulson’s packaging empire had $11.6 billion of borrowings as of SeptemberSat Mar 23 2024 - 06:00
Luxury feels the pinch as Louis Vuitton boss loses world’s richest spot and Gucci sees sales plungingAs the Chinese economy slows, the luxury goods sector is taking the pain for now but will it continue?Fri Mar 22 2024 - 14:50
Barclays assets in Dublin EU hub grow to €143bn as move to Paris exploredUK lender shifted EU base to Ireland after Brexit referendumFri Mar 22 2024 - 06:00
European shares climb to new high amid mounting rate-cut talkInvestors now see ECB as almost certain to cut rates in JuneThu Mar 21 2024 - 18:15
NTMA completes two-thirds of minimum 2024 bond salesThe Agency tasked with managing State funding has now sold €4 billion of benchmark bonds this yearThu Mar 21 2024 - 12:25
Irish banker Duffy eyes up to €17.9m pay-day in Virgin Money takeoverCompanies confirm details outlined this month to form challenger to UK’s biggest banksThu Mar 21 2024 - 09:20
Hostelworld agrees with Revenue to repay €9.6m warehoused taxes over three yearsNet revenues at company rises to record €93mThu Mar 21 2024 - 07:54
Kenmare chief says ‘nobody banging on our door’ after investor calls for saleFalling mineral prices and disruption to production at mine see earnings come in one quarter below those for last yearWed Mar 20 2024 - 08:06
Datalex reviews long-term strategy as 2023 revenue to top forecastFull year Ebitda loss to fall to $2.9m as travel retail software company signs new deals with LatAm Airlines and Air MacauWed Mar 20 2024 - 07:50
