11/19 The Irish Times - Finance

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. The Irish Times - Finance - Articles from The Irish Times - Finance Iseq reverses trend amid lack of market direction November 18, 2009 at 8:01 pm DUBLIN REPORT: Iseq: 2,906.35 (+6.55) Settlement date: November 23rdTHE ISEQ edged up towards the end of yesterday's session to finish marginally higher, reversing the downward trajectory of recent days. As with other European markets, traders in Dublin noted a lack of direction about the market as investors looked for signs of the state of the macro-economic climate. Obama warns of second recession November 18, 2009 at 8:01 pm US president Barack Obama warned that the US economy could head into a "double-dip recession" unless steps were taken to rein in mounting public debt. 2,000 ILP staff vote on pay increases November 18, 2009 at 8:01 pm About 2,000 junior and middle-ranking staff at Irish Life & Permanent (IL&P) are voting on pay increases this year and next, as proposed by the Labour Relations Commission (LRC). KBC Ireland shows that money still talks November 18, 2009 at 8:01 pm CANTILLON:MANAGEMENT AT KBC Bank Ireland are presumably breathing a sigh of relief. The Irish operation failed to tick many boxes in the analysis done by its parent of what should stay and what should go under the restructuring plan approved by Brussels yesterday, but it has avoided the chop due its strong profitability. Vodafone advert makes Eircom see red November 18, 2009 at 8:01 pm MEDIA & MARKETING:Vodafone's call to 'show Eircom the door' provokes a retaliation, writesSIOBHÁN O'CONNELL Glanbia expects 2009 earnings to be lower due to weak sentiment November 18, 2009 at 8:01 pm FOOD CONGLOMERATE Glanbia expects earnings for 2009 to be at the lower end of the scale, as weak consumer sentiment drives competition in the market. KBC rules out selling Irish unit as part of downsizing November 18, 2009 at 8:01 pm BELGIAN BANK KBC has said it will retain and review its Irish bank in a sharp downsizing of the overall banking group as a condition of EU approval for the state rescue of the bank. Few winners in protracted talks on AIB succession November 18, 2009 at 8:01 pm ANALYSIS:The level of arrogance shown has become synonymous with AIB over the past year, writesSIMON CARSWELL New chief executive of NTMA named by Minister November 18, 2009 at 8:01 pm THE CHIEF executive of the National Treasury Management Agency (NTMA) Michael Somers will step down on December 3rd. Doherty choice followed global hunt for bank director, says AIB November 18, 2009 at 8:01 pm ALLIED IRISH Banks (AIB) undertook a "comprehensive search" across the world for a suitable candidate before proposing its own executive Colm Doherty for the role of managing director, the chairman of the bank's remuneration committee Seán O'Driscoll said yesterday. Aer Lingus warns of compulsory job cuts November 18, 2009 at 8:01 pm AER LINGUS has warned that it may have to introduce additional job losses – some possibly on a compulsory basis – if there is no agreement reached with trade unions on a controversial €97 million cost-saving plan before the end of the month. UTV records 12% drop in revenue to end October November 18, 2009 at 8:01 pm UTV MEDIA has blamed a "difficult economic environment" for a 12 per cent slump in total revenue during the first 10 months of 2009. Bank raises 2009 bad debt forecast to €5.3bn November 18, 2009 at 8:01 pm ALLIED IRISH Banks (AIB) raised its forecast for bad debts for 2009 by €1 billion to €5.3 billion, primarily due to higher losses on development and property-related loans moving to the National Asset Management Agency (Nama).   This email was sent to carpenter.autoblog@gmail.com.  Manage Your Account Don't want to receive this feed any longer? Unsubscribe here.