ACCBank to appeal Fleming rescueACCBANK WILL appeal the High Court’s decision to approve a rescue plan for the troubled Fleming construction group.Tue Nov 17 2009 - 00:00
HSE seeks tenders to cut its €20m legal billTHE HEALTH Service Executive (HSE) hopes to cut its €20 million annual legal bill by putting the service out to tender.Tue Nov 17 2009 - 00:00
Openhydro set to raise €30m as tidal energy generator installed in CanadaIRISH GREEN energy firm Openhydro has installed one of the first tidal energy generators of its kind off the Canadian coast and…Tue Nov 17 2009 - 00:00
Fleming group loans look set for NamaANALYSIS: IT LOOKS almost certain that loans from the Irish banks to the Fleming construction group will end up in Nama after…Sat Nov 14 2009 - 00:00
Anglo restructures securities on assets of Howard HoldingsSTATE-OWNED ANGLO Irish Bank has restructured securities it holds over the assets of developer Howard Holdings assets in a move…Sat Nov 14 2009 - 00:00
Paddy Power entering French marketBOOKMAKER PADDY Power is entering the French market through a joint sports betting venture with the country’s state-owned tote…Fri Nov 13 2009 - 00:00
Revenues at BT Ireland dip 3% to settle at £388mREVENUES AT BT’s Irish subsidiary fell 3 per cent to £388 million (€433 million) in the first half of the year, it said yesterday…Fri Nov 13 2009 - 00:00
Losses at Harcourt Developments approach €22mA NEAR €10 million reduction in the value of investment properties and an interest bill of €25Fri Nov 13 2009 - 00:00
TVC's equity value per share up 28%STOCK MARKET growth boosted the value of investment holding company TVC’s publicly quoted assets in the first half of its financial…Thu Nov 12 2009 - 00:00
DCC pays €18m for Shell's Austrian oil distribution armINDUSTRIAL HOLDING company DCC is buying an oil distribution business in Austria in a deal worth €18 million.Wed Nov 11 2009 - 00:00
McInerney to break bank covenantsHOUSE BUILDER McInerney expects to break guarantees it has given to its banks later this month.Wed Nov 11 2009 - 00:00
Strong world markets help elevate most leading stocksIseq: 3,014.04 (+42.08) Settlement date: November 12thTue Nov 10 2009 - 00:00
CIF calls for budget tax breaks and stamp duty reductionTAX BREAKS for first-time house buyers, a reduction in stamp duty and reform of the planning system are all on this year’s budget…Tue Nov 10 2009 - 00:00
CIF warns on further job lossesUp to 300,000 builders will have lost their jobs by the end of next year if action is not taken to ease the impact of the recession…Mon Nov 09 2009 - 00:00
Iseq trails European peersA further strong performance on world markets fed through to Dublin today, lifting most of the market’s leading stocks.Mon Nov 09 2009 - 00:00
Property firm of FitzPatrick, O'Brien and Quinn €5m in red in May 2008A PROPERTY company whose backers include former Anglo Irish Bank chief Seán FitzPatrick, media owner Denis O’Brien and ESB chairman…Sat Nov 07 2009 - 00:00
Fleming rescue plan criticised by ACC BankTHE RESCUE plan for the Fleming construction group will strip out the viable parts of the business and leave creditors with the…Thu Nov 05 2009 - 00:00
Builder puts up €5m assets for rescue planBUILDER JOHN Fleming is putting up €5 million in personal assets as collateral to support a new company that is taking over part…Wed Nov 04 2009 - 00:00
Bord Gáis ordered to pay staff 3.5% riseTHE LABOUR Court has awarded a pay rise to Bord Gáis staff which could add more than over €2 million a year to the State energy…Sat Oct 31 2009 - 00:00
Most Fleming group creditors approve rescue packageMOST FLEMING building group creditors support the rescue plan that will be submitted to the High Court for approval next Tuesday…Sat Oct 31 2009 - 00:00
Ladbrokes takes €62m in winnings from Irish puntersIRISH PUNTERS bet more than €470 million with Ladbrokes last year, according to figures for the British operator’s main Irish…Sat Oct 31 2009 - 00:00
CRH seeks arbitration in dispute on Portuguese firmBUILDING MATERIALS group CRH is seeking to take a dispute with its joint-venture partner in a Portuguese business to arbitration…Fri Oct 30 2009 - 00:00
Punch Industries shareholders got €10m dividendSHAREHOLDERS IN homecare products manufacturer Punch Industries were paid a €10 million dividend last year, according to the …Fri Oct 30 2009 - 00:00
Private investors to own more than 50% of Nama's loansANALYSIS: A separate company will buy and manage Nama’s debts to avoid a breach of EU rulesThu Oct 29 2009 - 00:00
Law would allow firms to use US accounting standardsA PROPOSED new law will allow some companies operating in the Republic to file accounts using US accounting standards rather …Wed Oct 28 2009 - 00:00
Irish pub firm seeks to meet creditorsA COMPANY that designs and fits Irish pubs around the world is seeking a meeting with its creditors, normally an indication that…Wed Oct 28 2009 - 00:00
Veris shareholders back US dealVeris shareholders voted overwhelmingly today in favour of the sale of its property and facilities management businesses to US…Wed Oct 28 2009 - 00:00
CRH may seek to sell US businessTHERE IS speculation that building materials giant CRH is seeking to sell its US distribution business.Wed Oct 28 2009 - 00:00
Associated Hardware posts €460,000 loss as construction decline takes tollTHE BUILDING slump and increased interest payments to its banks left independent builders’ merchants and DIY group, Associated…Mon Oct 26 2009 - 00:00
Jurys Inn firm posts £21.5m pretax lossA REFINANCING deal in July has cut £15 million (€16Mon Oct 26 2009 - 00:00
Bord na Móna raises $205m in US to fund expansionSTATE COMPANY Bord na Móna has raised almost €150 million from US financial institutions to fund its expansion into the energy…Sat Oct 24 2009 - 01:00
State tax loss from business failures has trebled since 2007THE AMOUNT of tax lost to the State as a result of businesses going to the wall has more than trebled since 2007, according to…Fri Oct 23 2009 - 01:00
Profits up over 30% at firm with contract to build Luas extensionPROFITS AT the building company which earlier this year won the €150 million Luas extension contract increased by more than 30…Fri Oct 23 2009 - 01:00
€150m in unpaid taxes written offThe growing number of business failures has forced the Revenue Commissioners to write off over €150 million in taxes so far this…Thu Oct 22 2009 - 01:00
Galway port plans €200m expansionGALWAY HARBOUR Company will seek planning permission for a €200 million modernisation of the city’s port early next year.Thu Oct 22 2009 - 01:00
CIF calls for construction forumOVER 300,000 builders will have lost their jobs in the three years to the end of 2010, the industry’s main representative body…Wed Oct 21 2009 - 01:00
Bord Gáis to create 250 jobs in expanded home services businessSTATE COMPANY Bord Gáis will create 250 jobs by the end of next year in an expansion of its home services business.Wed Oct 21 2009 - 01:00
Bord Gáis to create 250 jobsBord Gáis is to create up to 250 new jobs by the end of next year as part of a major energy efficiency initiative.Tue Oct 20 2009 - 01:00
O'Briens lease dispute in UK may be subject of court actionA NUMBER of O’Briens sandwich bar operators in Britain are considering legal action over a deal involving the transfer of leases…Fri Oct 09 2009 - 01:00
Shareholders to invest in troubled car rental groupSHAREHOLDERS IN car rental group Murray’s are set to invest a substantial sum in the business as part of a rescue plan for the…Fri Oct 09 2009 - 01:00
Rohan firm cuts value of properties by €19mDEVELOPER KEN Rohan’s Airspace investments wrote down the value of its properties by €19 million in 2008, leaving it €13.4 million…Fri Oct 09 2009 - 01:00
Group of creditors backs INM proposalA NUMBER of Independent News & Media (INM) creditors have formally backed the group’s restructuring proposal that will see…Thu Oct 08 2009 - 01:00
U2's main Irish trading company has €870,000 lossU2’S MAIN Irish-registered trading company lost €870,000 last year, according to its latest accounts.Thu Oct 08 2009 - 01:00
O'Brien's company goes into liquidationO'BRIEN'S IRISH Sandwich Bars has been placed in liquidation after a deal to rescue the business from examinership failed.Thu Oct 08 2009 - 01:00
'Buy & Sell' set to be saved from receivershipTHE FAMILY behind the old Adare printing and packaging group is set to rescue Buy & Sell magazine from receivership.Tue Oct 06 2009 - 01:00
Irish events firm to build venue for Bahrain air showAN IRISH-OWNED outdoor events business has won a €20 million construction contract to supply a major air show in the Middle East…Mon Oct 05 2009 - 01:00
Fás staff will have to declare conflicts of interestDIRECTORS AND staff of State employment agency Fás will be obliged to declare conflicts of interest if a Bill to be published…Mon Oct 05 2009 - 01:00
Court to decide on Zoe appealDEVELOPER LIAM Carroll’s Zoe group could face liquidation next week, if one of its creditors succeeds in halting its appeal against…Sat Oct 03 2009 - 01:00
McFadden and Carroll to ask court to wind up RQBBUSINESSMEN Niall McFadden and Declan Carroll are set to ask the courts to wind up a property company, in which they both hold…Sat Oct 03 2009 - 01:00
Veris investors to share €14.8m if €51m takeover by US firm approvedSHAREHOLDERS IN property services group Veris will share €14Fri Oct 02 2009 - 01:00
