Wolseley's Irish business lost €32.5m in past yearTHE OWNER of building supplies and DIY chains Brooks and Heat Merchants has axed 3,000 jobs and shut 280 stores in Ireland and…Tue Sep 29 2009 - 01:00
Builder in talks with banks on funding termsHOUSE BUILDER McInerney Holdings is renegotiating funding arrangements with its banks in Ireland and Britain, the company told…Tue Sep 29 2009 - 01:00
GM figures show sharp drop in Opel Irish salesPROFITS AT the Republic’s Opel cars distributor were flat last year but its figures show that sales fell sharplySat Sep 26 2009 - 01:00
Jobless rate to hit 15% - BloxhamUNEMPLOYMENT COULD hit a high of 15 per cent next year, according to economist Alan McQuaid of stockbroking firm Bloxhams.Sat Sep 26 2009 - 01:00
Worker-shareholders criticise ESB over €300m subsidyESB worker-shareholders yesterday criticised the State power company’s decision last year to pay a €300 million subsidy to ease…Fri Sep 25 2009 - 01:00
McCarthy sees cuts to health and educationTHE GOVERNMENT will not be able to cut spending without tackling areas such as health, education and welfare, economist Colm …Fri Sep 25 2009 - 01:00
Iseq flat after quiet day's tradingThe Iseq index of Irish shares ended flat after a largely quiet day’s trading in Dublin during which the banks were the focus…Fri Sep 25 2009 - 01:00
Net assets of Chuck Feeney charity decline by $1.2bnTHE VALUE of the assets held by Irish-American Chuck Feeney’s charity fell by $1Thu Sep 24 2009 - 01:00
Property highflyer feels squeezeJUST TWO years ago, Niall McFadden’s Boundary Capital took a 28 per cent stake in department store Arnotts for €40 million, cementing…Thu Sep 24 2009 - 01:00
Sisk faces UK fine for 'cover priced' tenderONE OF the Republic’s biggest building companies is facing a £6.2 million (€6Wed Sep 23 2009 - 01:00
Iseq moves up marginally in day of mixed tradingDUBLIN REPORT: Iseq: 3,385.67 (+15Wed Sep 23 2009 - 01:00
Security software firm to create 120 jobsSECURITY SOFTWARE specialist McAfee is set to create 120 new jobs in the Republic in an expansion that will be announced today…Wed Sep 23 2009 - 01:00
Brody Sweeney rejects claimO'BRIEN'S IRISH Sandwich Bars founder Brody Sweeney has rejected claims that the company is attempting to transfer leases to …Tue Sep 22 2009 - 01:00
Iseq up on mixed day of tradingThe Irish market crept up by less than half a per cent in what dealers said earlier was a mixed day’s trade.Tue Sep 22 2009 - 01:00
Fleming firms get court protectionThe High Court today extended protection to two companies in the Fleming construction group.Mon Sep 21 2009 - 01:00
O'Brien's franchisees object to key part of rescue planA GROUP of O’Brien’s Sandwich Bar franchisees are objecting to a key part of the proposed rescue plan for the chain.Mon Sep 21 2009 - 01:00
Fee income at property fund manager down one-thirdFEE INCOME at property fund manager Warren Private Clients fell by over one-third to €3Sat Sep 19 2009 - 01:00
Almost 150,000 jobs in construction lost since 2007, says studyCLOSE TO 150,000 builders have lost their jobs since the construction industry went into recession in 2007, according to Government…Sat Sep 19 2009 - 01:00
Profits at Galway-based CF Tooling rise by 21%PROFITS AT manufacturing group CF Tooling increased by 21 per cent last year to almost €5 million, according to the latest figures…Thu Sep 17 2009 - 01:00
O'Brien wants vote to block new IN&M share issueINDEPENDENT NEWS & Media (IN&M) investor Denis O’Brien wants shareholders to vote to block its board from issuing new…Wed Sep 16 2009 - 01:00
Eirgrid gets permit for linkNATIONAL ELECTRICITY network operator Eirgrid yesterday got the green light for its planned €600 million power link between Wales…Wed Sep 16 2009 - 01:00
Profits up 10% at Kentz despite delaysA SLOW START to some projects kept first-half revenues flat at engineering group Kentz, but the company reported yesterday that…Tue Sep 15 2009 - 01:00
High domestic business costs drag down gains made in productivityWHEN IT comes to comparing pay rates in different countries, economists say that the key thing is relativityTue Sep 15 2009 - 01:00
O'Brien wants shareholders to vote on INM refinancing planREBEL INDEPENDENT News Media (INM) stakeholder Denis O’Brien warned yesterday that shareholders must be given the opportunity…Tue Sep 15 2009 - 01:00
Lambay seeks State compensationIFSC-BASED LAMBAY Capital Securities plc, which held £300 million (€343 million) in Anglo Irish Bank preference shares, has been…Mon Sep 14 2009 - 01:00
Group 'must begin' winding up processTHE ACCOUNTANT whose expert evidence was used by ACC Bank to contest Zoe group’s second examinership bid argued yesterday that…Sat Sep 12 2009 - 01:00
Legal issues threaten O'Brien's rescue dealTHE RESCUE deal for the troubled O’Brien’s Sandwich Bars chain will not go ahead unless the company and its franchisees can resolve…Fri Sep 11 2009 - 01:00
Desmond and Beere to invest in O'Brien's sandwich bar chainFAST FOOD chain O’Brien’s Sandwich Bars told franchisees yesterday that businessmen Graeme Beere and Denis Desmond are to invest…Thu Sep 10 2009 - 01:00
O'Brien research argues case to close London titlesRESEARCH COMMISSIONED by Independent News Media (INM) shareholder Denis O’Brien states that losses at its London titles are running…Thu Sep 10 2009 - 01:00
Borrowers likely to resist Nama's powers, warns CIFTHE WIDE-RANGING powers that the Government proposes giving to Nama are likely to prompt resistance from borrowers, the Construction…Wed Sep 9 2009 - 01:00
Government urged to consult with developersTHE MANAGING director of one of the Republic’s biggest building businesses says that the Government should consult with the construction…Wed Sep 9 2009 - 01:00
Low rate of corporate tax must be maintainedTHE REPUBLIC’S low corporate tax rate must remain a “core aspect” of policy if the system is to support long-term economic activity…Tue Sep 8 2009 - 01:00
London 'Independent' titles cost IN&M €285mTHE LONDON Independent newspaper titles have cost Independent News Media (INM) €285 million since the group first bought into…Sat Sep 5 2009 - 01:00
Increased Jameson sales cheer parent Pernod RicardJAMESON IRISH Whiskey was one of the few premium brands that delivered growth for its multinational owner, Pernod Ricard, during…Fri Sep 4 2009 - 01:00
220 firms have applied for employment subsidy, says TánaisteOVER 220 companies had applied to benefit from the Government’s €250 million employment subsidy scheme by yesterday, according…Thu Sep 3 2009 - 01:00
Firm taking over parts of SR Technics' business at airport to create up to 150 jobsTHE NEW company that is taking over parts of the SR Technics aircraft maintenance business at Dublin airport expects to create…Thu Sep 3 2009 - 01:00
Kenmare on target in MozambiqueLISTED KENMARE Resources is on schedule to hit full production from its titanium mine in Mozambique before the end of the year…Tue Sep 1 2009 - 01:00
Fears over Nama sparks volatility in banking sectorDUBLIN REPORT: Iseq: 3,096.16 (-19.04) Settlement date: September 3rdTue Sep 1 2009 - 01:00
Leading developer says Nama will be positive for economyONE OF the State’s biggest property developers believes Nama will take over most of its assets, but that the process will benefit…Fri Aug 28 2009 - 01:00
O'Brien's franchisees reject Sweeney rescueA NUMBER of O’Brien’s sandwich bar franchisees have written to the group’s examiner warning that they will not support any rescue…Fri Aug 28 2009 - 01:00
C&C cheers market with statement on €205m dealDUBLIN: Iseq: 3,066.80 (+49.76) Settlement date: September 1stFri Aug 28 2009 - 01:00
Authority to step up freesheet inquirySTATE MONOPOLIES watchdog the Competition Authority is to step up its investigation of a proposed deal involving four daily newspaper…Fri Aug 28 2009 - 01:00
Grand Slam, winning Irish horses dent Paddy PowerIRELAND’S SIX Nations Grand Slam and victories for Irish horses and jockeys at leading race meetings hit first-half profits at…Thu Aug 27 2009 - 01:00
Tullow makes new discovery in Lake Albert basin in UgandaDUBLIN AND London-listed exploration group Tullow has made a further discovery in Africa’s Lake Albert basin as it moves ahead…Thu Aug 27 2009 - 01:00
US group to take control of Beacon HospitalA LEADING US medical group is taking a 66 per cent stake in the independent Beacon Hospital in return for a €68 million investment…Wed Aug 26 2009 - 01:00
CRH profits fall by 80% in first half of yearPROFITS AT the biggest company on the Irish Stock Exchange fell by more than 80 per cent to €108 million in the first six months…Wed Aug 26 2009 - 01:00
Currency movements dent Creo portfolioCURRENCY MOVEMENTS dented the value of China Real Estate Opportunities’ (Creo) properties in the first six months of the year…Wed Aug 26 2009 - 01:00