Glanbia

Food names were among the standout performers in Dublin as Kerry Group and Glanbia bucked the trend

Co-op using the €230m raised to help pay down bonds it issued to fund buyout of milk processing joint venture from Glanbia

Iseq index dips amid decline in Ryanair’s share price

Glanbia finished up 1.5% at close of business after the nutrition company announced the sale of the US arm of SlimFast

While financial terms were not disclosed, Glanbia valued the business at €44.1m at the end of last year

Current chairman, John Moloney is set to join the company’s supervisory board

Much more than a roasting of those who have sought to deny or delay action on climate and the environment

Milk container opened after 37 years to see what insights it held into farming life at the time

Euronext Dublin finished the day down 0.2 per cent on what was a quiet day ahead of a bank holiday in Britain on Monday

Declines in Nvidia and other heavyweight AI stocks pull New York indices down

Dublin market ended week on positive note

European shares touch two-week highs despite dip in momentum

The food group had a profit warning, questions over its structure and a near 50% slide in share prices in the first half of this year

Nutritionals group Glanbia was the big story of the day on the Irish market as it climbed almost 16% after raising earnings forecast

Nutritionals group has been struggling to contend with a spike in the cost of whey proteins

Dublin’s Iseq moves 1% higher as banks and food stocks gain momentum

Markets elsewhere were more mixed on Wednesday, but Euronext Dublin outperformed European peers as it climbed 0.7%

Iseq index largely unchanged as banks and Ryanair dip

In a quiet day of trading, the Iseq All-Share index outperformed its European counterparts

Irish index closes week marginally lower

Unexpectedly weak US jobs reports adds to atmosphere of caution

Dublin stock market starts July in the red.

Dairy co-op under pressure from shareholders over fall in value of Glanbia stake

More than €2bn has been wiped off value of food group in past 10 months, and activist investors are now agitating

Kilkenny-based nutritional group has lost the confidence of some investors

Pan-European STOXX 600 index closes 0.3% higher

Activist investor calls for strategic review of ‘overly complex’ business

Tirlán said it paid more than €1.5 billion to its farmer owners for milk and grain as pretax profit dips 15% on exceptional charge

Clearway Capital’s move follows 43% share price slump in past year

Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders

Iseq Overall Index down around 4% as shares banks, food groups and homebuilders drop

US president Donald Trump is expected to unveil details of new tariffs on European goods on Wednesday

Nutrition group has been caught out by the scale and speed of rising prices for whey protein which is key for its Optimum Nutrition brand

Glanbia's once-popular weight-loss product has fallen out of favour with consumers

Main banks retreat on Iseq as do housebuilders

Reorganisation of finance, HR and IT roles will involve a mix of voluntary and compulsory redundancies, with some activities outsourced to third parties

FTSE 100 hits new highs as other indices close out a strong week for equities

Iseq closes slightly up with food companies rising

Nothing says ‘America first’ quite like Boeing aeroplanes, and Ryanair is one of the US aircraft maker’s best customers

Persistent inflationary pressures also a cause for concern