Sutherland criticises BP's Russian partnersPETER SUTHERLAND, the Irish chairman of oil giant BP, has launched a broadside against the Russian shareholders in the company…Fri Jul 25 2008 - 01:00
Four-day rally in Irish bank shares comes to a decisive haltTHE FOUR-DAY rally in bank shares came to a halt yesterday as financial stocks fell 5.6 per cent.Wed Jul 23 2008 - 01:00
Gamemaker fails to win with pretax losses of €7.2m reported for 2006HASBRO IRELAND, the Waterford game and puzzle manufacturer, made a pretax loss of €7.2 million in 2006 after spending €8Wed Jul 23 2008 - 01:00
Airline's unions consulted on key postTHE CENTRAL organisation which represents nine unions at Aer Lingus is contacting each union to canvass their views on whether…Tue Jul 22 2008 - 01:00
Another good day for Irish bank sharesIRISH BANK shares kept climbing yesterday as the market was buoyed by another US bank, Bank of America, posting better-than-expected…Tue Jul 22 2008 - 01:00
No Quinn stake in Anglo will exceed 10%NEITHER BUSINESSMAN Sean Quinn nor any member of his family will individually hold a stake of more than 10 per cent in Anglo …Mon Jul 21 2008 - 01:00
Life and pension sales decline 23%SALES OF life and pensions products dropped 23 per cent in the second quarter of the year, continuing their fall this year, new…Mon Jul 21 2008 - 01:00
ISTC made loss of €850m after collapse last yearDUBLIN SPECIALIST lender International Securities Trading Corporation (ISTC) made a final loss of €850 million selling its loans…Sat Jul 19 2008 - 01:00
Irish Life & Permanent climbs 21% as banks buoyed by Citi's good resultsIRISH BANK stocks kept moving into positive territory yesterday, as financial stocks rose almost 7 per cent, buoyed by better…Sat Jul 19 2008 - 01:00
Irish bank shares bounce backIRISH BANK shares enjoyed a bounce yesterday as financial stocks rose 10 per cent, boosted by better than expected earnings at…Fri Jul 18 2008 - 01:00
Stock exchange move on insider tradingTHE IRISH Stock Exchange (ISE) is to establish an independent body to combat insider trading and market abuse, and has appointed…Fri Jul 18 2008 - 01:00
B of I staff purchase €200,000in sharesA GROUP of eight senior Bank of Ireland managers have purchased almost €200,000 worth of shares in a vote of confidence in the…Thu Jul 17 2008 - 01:00
Rising level of bank shares on loan set to fuel short-sellingTHE PROPORTION of Irish bank shares on loan, which could be used by short-selling investors for betting against the banks and…Thu Jul 17 2008 - 01:00
Quinn and family buying 15% of Anglo Irish BankBILLIONAIRE BUSINESSMAN Sean Quinn and his family are buying a stake of almost 15 per cent in Anglo Irish Bank after unwinding…Wed Jul 16 2008 - 01:00
Recent big falls in bank shares may be 'overdone'THE RECENT dramatic falls in Irish bank share prices may be "overdone", the governor of the Central Bank, John Hurley, told the…Wed Jul 16 2008 - 01:00
Mortgage lenders raise rates above level of ECB increaseTWO MORTGAGE lenders have raised interest rates by a margin greater than the quarter point increase from the European Central…Tue Jul 15 2008 - 01:00
Davy stockbrokers planning up to 75 job cutsTHE STATE'S largest stockbroking firm, Davy, is planning to cut as many as 75 jobs - up to 15 per cent of its 520-strong workforce…Tue Jul 15 2008 - 01:00
Retail sales fall at fastest rate in 21 yearsThe volume of retail sales declined by 4Tue Jul 15 2008 - 01:00
Shares in US bank MT plummet as profits drop 25%SHARES IN US bank MT, in which AIB has a 24 per cent stake, dropped the most since 1987 in trading in New York after its second…Tue Jul 15 2008 - 01:00
Liquidations and receiverships up in first half of 2008COMPANY LIQUIDATIONS rose 71 per cent in the first half of this year, while six times as many receivers were appointed to recover…Sat Jun 28 2008 - 01:00
Hibernian's cold calculations add up to outsourced Indian sumsTHE ROMANS named Ireland Hibernia after the Latin word hibernus meaning “wintry”.Fri Jun 27 2008 - 01:00
Lynch in sale-and-leaseback of Limerick's South Court HotelCOUNTY CLARE-based hotel group Lynch Hotels has sold the South Court Hotel in Limerick to two property investors based in the…Fri Jun 27 2008 - 01:00
ECB indicates further rate hikes unlikely after JulyTHE EUROPEAN Central Bank (ECB) has played down suggestions there will be a series of interest rate hikes but has left open the…Thu Jun 26 2008 - 01:00
Hibernian staff vote to ballot for strikeSTAFF AT insurance group Hibernian have voted to ballot for industrial action to oppose the com-pany’s plans to cut 580 jobs …Thu Jun 26 2008 - 01:00
580 jobs to go under Hibernian outsourcing schemeINSURANCE GROUP Hibernian is cutting 580 jobs - more than a quarter of its workforce - over three years under a restructuring…Tue Jun 24 2008 - 01:00
Anglo Irish takes legal action over rumourANGLO IRISH Bank has taken legal action in London to identify the sender of an e-mail which, it claims, sent a false rumour that…Tue Jun 24 2008 - 01:00
Permanent TSB tightens rules for first-time buyersFIRST-TIME BUYERS will have to put up an extra €5,570 in cash on a deposit for the average house after the State's largest mortgage…Sat Jun 21 2008 - 01:00
Markets turmoil costs pension reserve €1bnTHE NATIONAL Pension Reserve Fund (NPRF), which was set up by the Government to fund the State's future pension requirements, …Fri Jun 20 2008 - 01:00
State may face €500m bill from MRSA legal claims, agency saysTHE STATE could face a potential liability of €500 million relating to legal claims from people infected by the MRSA hospital…Fri Jun 20 2008 - 01:00
IL&P shares rise despite likely fall in earningsSHARES IN Irish Life Permanent (ILP) rose 5.1 per cent to €9Fri Jun 20 2008 - 01:00
Rabobank Ireland posts first ever pretax loss of EUR26.6mRABOBANK IRELAND, the IFSC-based operation of the Dutch banking group, reported a loss last year for the first time in its 13…Thu Jun 19 2008 - 01:00
VHI considers move into life and pensions businessSTATE-OWNED health insurer VHI is considering entering the life and pensions market early next year, saying it will have “greater…Wed Jun 18 2008 - 01:00
Bank of Ireland UK subsidiary raises ratesHIGH FUNDING costs have forced Bristol West, Bank of Ireland’s UK subsidiary, to raise rates across its mortgage range.Wed Jun 18 2008 - 01:00
RTÉ director general sees pay increase 22% to €441,000RTÉ DIRECTOR general Cathal Goan was paid €441,000 last year, an increase of 22 per cent on his previous year’s remuneration, …Wed Jun 18 2008 - 01:00
Finance study finds 37% have difficulty in paying billsMORE THAN one in three people have some degree of difficulty keeping up with their bills and debts, according to preliminary …Mon Jun 16 2008 - 01:00
More banks raise mortgage ratesTWO MORE banks have raised mortgage rates again due to the continuing high cost of funding in the volatile money markets.Sat Jun 14 2008 - 01:00
Pets, not family members, put in the picture on Permanent TSB cardsTHERE WAS a new crisis in the banking sector yesterday as Permanent TSB revealed new data showing that customers are choosing…Sat Jun 14 2008 - 01:00
AIB follows rivals' mortgage-rate increaseTHE STATE'S biggest bank, AIB, has become the last mainstream lender to increase its mortgage rates in response to the continuing…Fri Jun 13 2008 - 01:00
Housing sector remains 'very weak'HOUSING REGISTRATIONS, an indication of new housing starts, fell 61 per cent in May from a year earlier, as construction companies…Thu Jun 12 2008 - 01:00
Website promises savers much better dealA DUBLIN broker has launched a website, IrishDepositsSat Jun 07 2008 - 01:00
Downgrading of banks to 'sell' cuts 4% from financialsIRISH FINANCIAL stocks shed 4 per cent of their value after investment bank Citigroup downgraded Bank of Ireland and Anglo Irish…Sat Jun 07 2008 - 01:00
Aer Lingus shares fall 4.3% as agm told profit unlikelySHARES IN Aer Lingus dropped 4.3 per cent to €1Sat Jun 07 2008 - 01:00
Anglo Irish Bank stock on loan rises for fifth month in row to almost 13%THE PERCENTAGE of Anglo Irish Bank's stock on loan, which could be used for betting on the bank's share price falling, rose for…Fri Jun 06 2008 - 01:00
Suddenly cash is kingTHE BANKS: NO other sector among the top 1,000 companies has endured such erosion in shareholder value over the last year as…Fri Jun 06 2008 - 01:00
FDI jobs down 44% - surveyTHE NUMBER of jobs created by foreign direct investment (FDI) into Ireland in 2007 fell 44 per cent to 4,052, despite the number…Fri Jun 06 2008 - 01:00
Age and the old wisdomANGLO IRISH bank chief executive David Drumm pointed out at the bank's half-year results in May that he and the other four executive…Fri Jun 06 2008 - 01:00
Blackrock value may not riseBLACKROCK INTERNATIONAL Land, the Dublin-based property company spun off from fruit importer Fyffes, has warned that the value…Fri Jun 06 2008 - 01:00
Good news from US fails to encourage Irish marketIseq: 5,920.59 (-46.57) Settlement date: June 9th IRISH SHARES fell again, closing down 46.57 points, or 0Thu Jun 05 2008 - 01:00
EBS axing 25 jobs to counter rising costsEBS BUILDING Society is cutting 25 jobs from its staff of 655 in a bid to reduce costs amid the property slowdown and credit …Thu Jun 05 2008 - 01:00
Receiver appointed to Tipperary hotelIIB BANK has appointed a receiver to a Co Tipperary hotel over a debt of about €7 million.Wed Jun 04 2008 - 01:00
