11/20 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 Little Things November 19, 2009 at 9:25 pm REVENUES AND profits at Appleby Westward, the British food distributor owned by the Irish wholesale cash and carry group BWG, led by Leo Crawford (right), fell last year, according to accounts just filed. A whole new ball game for sports catalogue firm November 19, 2009 at 9:25 pm UNDER THE RADAR - Philip McLaughlin, McSport:IF THE free market is a form of natural selection for the commercial world and the secret of survival is the ability to adapt to change, Philip McLaughlin is managing to stay well ahead of the evolutionary curve. Toying with the idea of financing a family business November 19, 2009 at 9:25 pm WHILE MOST Irish viewers were glued to RTÉ watching Thierry Henry's handball rob us of a place in next year's World Cup finals, British satellite channel More 4 was showingGerry's Big Decision, a reality TV show featuring troubled Donegal department store group Foy Company. 14 out of 17 projects have commercial backing €12m invested in digital research November 19, 2009 at 9:25 pm GORDON SMITH Cybersecurity threat is stalking the globe November 19, 2009 at 9:25 pm Melissa Hathaway says the US must do more to avoid a creeping technological menace and urges Ireland to take on a dedicated adviser, writesGordon Smith Tech venture capitalist riding high November 19, 2009 at 9:25 pm Tim Draper is famous for spotting the potential of Hotmail and Skype, and his company now manages more than $6 billion in funds, writesKarlin Lillington Lull continues on another quiet day for traders November 19, 2009 at 9:25 pm DUBLIN REPORT: Iseq:2,867.83 (-38.53)Settlement date:November 24th 'Threat to jobs' if case delayed US unemployment figures stabilise EU clears Avaya's Nortel purchase November 19, 2009 at 9:25 pm US telecom equipment maker Avaya has received EU regulatory clearance for its planned buy of assets owned by bankrupt Canadian peer Nortel Networks. Avaya is buying Nortel's enterprise business, which builds networks and voicemail systems for companies and government agencies, for about $900 million. Planet Business November 19, 2009 at 9:25 pm A look back at the week in business. Eircom's Esot windfall ongoing November 19, 2009 at 8:54 pm WHILE THE rest of the economy stutters along, the tax-free Esot gravy train for current and former workers at Eircom continues on its merry way. O'Leary not impressed by ex-highflier's appointment November 19, 2009 at 8:54 pm NOEL DEMPSEY'S ears must have been burning yesterday as Ryanair boss Michael O'Leary gave the Department of Transport a lashing at a press conference in relation to passenger charges at Dublin Airport. Tech Tools November 19, 2009 at 8:54 pm This week's gadgets Salesforce insists it is a force to be reckoned with November 19, 2009 at 8:54 pm Firm squares up to heavyweights Microsoft and SAP, writesIan Campbellin San Francisco Twitter: the talk of the town November 19, 2009 at 8:54 pm There is much debate over the personal and commercial possibilities of the microblogging phenomenon, writesRichard Gillis Is that text message really worth a life? November 19, 2009 at 8:54 pm NET RESULTS:Using a mobile while driving can impair judgment even more than driving over limit. So why do we do it? asksKARLIN LILLINGTON Web Log November 19, 2009 at 8:54 pm This week's web roundup 14 out of 17 projects have commercial backing November 19, 2009 at 8:54 pm THE NATIONAL Digital Research Centre invested €12 million to support 17 research projects over the past year, the organisation's first annual report reveals. Microsoft risks losing its grip in smartphone revolution November 19, 2009 at 8:54 pm What matters is that there's a fight in the industry, and a new phase of clever development Tech Shorts November 19, 2009 at 8:54 pm A roundup of today's other technology news in brief Technology 'could save HSE millions' November 19, 2009 at 8:54 pm THE HSE could save €79 million a year by introducing electronic patient records and €195 million a year by treating chronic illness in the home, according to a report prepared by a coalition of 17 telecoms and technology firms. Get known online or fail, firms told November 19, 2009 at 8:54 pm ENSURING YOUR company is engaged with the latest developments in digital and social media may ensure it survives the downturn, a conference in Dublin heard during the week. Payments firm founder named 'Internet Hero' November 19, 2009 at 8:54 pm INTERNET ENTREPRENEUR Colm Lyon, who founded online payment service Realex Payments, was named last night as 2009 Internet Hero at the Eircom Golden Spiders Awards. Extending bank guarantee November 19, 2009 at 8:54 pm Q&A:Q IN REPLY to a number of letters recently, you have said that the extension of the bank guarantee to 2013 is in the National Asset Management Agency (Nama) legislation. Now that this legislation has passed all stages, can you confirm that it is still included? Further asset bubbles appear inevitable November 19, 2009 at 8:54 pm SERIOUS MONEY:Federal Reserve bailouts have contributed to an unhealthy disrespect for risk, writesCHARLIE FELL It's time to revisit the debt penalty November 19, 2009 at 8:54 pm Urgent reform is needed to drag our Victorian personal debt system into the 21st century, writesCaroline Madden Financing limited until Nama starts - REO November 19, 2009 at 8:54 pm LISTED PROPERTY developer Real Estate Opportunities (REO) said yesterday that bank finance in the Republic will continue to be limited until the State's rescue agency, Nama, begins its work. Blow to UK recession hopes as loan levels prove far higher than expected November 19, 2009 at 8:54 pm BRITISH PRIME minister Gordon Brown's hopes of an end to recession in the UK have received a major blow with news that government borrowing in October was billions higher than had been expected. Tote Ireland has 2008 losses of €800,000 November 19, 2009 at 8:54 pm A FALL in turnover, tightened margins and increased costs left State-owned horseracing pool betting operator, Tote Ireland, with an €800,000 loss last year. Dutch group cuts value of Irish property by €21m November 19, 2009 at 8:54 pm DUTCH BUILDING and civil engineering giant, Royal BAM, took a €21 million hit on the value of its Irish properties so far this year. More action needed for recovery, says OECD November 19, 2009 at 8:54 pm FURTHER FISCAL measures will be needed to aid Irish economic recovery, including cuts in public expenditure and further increases in revenue, as public indebtedness increases sharply, the Organisation for Economic Co-operation and Development (OECD) said yesterday. Aer Lingus planning to outsource jobs, staff groups claim November 19, 2009 at 8:54 pm GROUPS REPRESENTING Aer Lingus staff have accused the company of planning to outsource jobs, a claim that Aer Lingus denies, insisting that two joint ventures in the UK and US do not represent an outsourcing of jobs. Greencore announces €20m deal to sell loss-making bottled water division November 19, 2009 at 8:54 pm GREENCORE HAS announced that it is to sell its loss-making bottled water division to British water company Highland Spring in a deal worth almost €20 million (£17.5 million). Department notified over AIB chief's pay November 19, 2009 at 8:54 pm ALLIED IRISH Banks (AIB) notified the Department of Finance informally late last week about the bank's intentions on the proposed salary for the new managing director, Colm Doherty. Datalex third quarter revenues fall 19% November 19, 2009 at 8:54 pm CONTINUED DIFFICULT conditions in the travel industry caused revenue at travel software firm Datalex to fall 19 per cent in the third quarter. Ryanair to seek review of decision on charges November 19, 2009 at 8:54 pm RYANAIR IS planning to seek a judicial review of Minister for Transport Noel Dempsey's direction last month to the aviation regulator on airport passenger charges at Dublin Airport. Kerry expects to raise 2009 earnings to higher forecast November 19, 2009 at 8:54 pm KERRY GROUP is expecting to increase its earnings for the full year to the higher end of forecasts as business volumes showed a modest improvement. Insurance group FBD takes 3.3% stake in INM November 19, 2009 at 8:54 pm INSURANCE GROUP FBD has taken a 3.3 per cent stake in Independent News Media (INM) as part of the debt for equity swap agreed in the restructuring of the media group's borrowings. In Short November 19, 2009 at 8:54 pm Other business news in brief Manager sees no conflict in dealings November 19, 2009 at 8:54 pm A SENIOR AIB manager in Galway has said there is no conflict involved in his being personally active with property companies. Notions of 'fairness' should not dictate fiscal policy November 19, 2009 at 8:54 pm ECONOMICS:What may appear eminently fair to one group may seem profoundly unfair to another Exploring new world of opportunity November 19, 2009 at 8:54 pm THE FRIDAY INTERVIEW - Ray Nolan, technology entrepreneur: AT $340 MILLION (about €230 million), Ray Nolan's baby last week became the single-largest company exit of the past decade in Ireland, surpassing E-Tel, Iona Technologies, StockByte and Sterile Technologies. Senior AIB manager was a director of several property companies November 19, 2009 at 8:54 pm A senior executive, based at AIB headquarters in Dublin, is a director or former director of a number of companies in the property sector, including one in which he worked alongside a senior AIB manager from Galway Shares' value may be wiped out, warns Payzone November 19, 2009 at 8:54 pm IRISH LISTED e-payments group Payzone warned yesterday that shareholders could have the value of their holdings wiped out as part of a planned financial restructuring with its lenders. Esot may have to buy €10.3m shares as part of STT deal November 19, 2009 at 8:54 pm THE EIRCOM employee group Esot, which owns 35 per cent of the company, could have to pay up to €10.3 million to buy additional shares in the business as a condition of the sale of the company to Singapore Technologies Telemedia (STT). Anglo hires KPMG to cost options including wind-up November 19, 2009 at 8:54 pm STATE-OWNED Anglo Irish Bank has hired consultants from the international headquarters of accountancy firm KPMG in Holland to cost various options facing the bank, including the winding down of the lender over time.   This email was sent to carpenter.autoblog@gmail.com.  Manage Your Account Don't want to receive this feed any longer? Unsubscribe here.