Rabu, 25 November 2009

11/26 The Irish Times - Finance

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Unimpressive day as poor performer gets 'left behind'
November 25, 2009 at 7:26 pm

DUBLIN REPORT: Iseq: 2,873.20 (-9.54) Settlement date: November 30thTHE ISEQ ended 0.33 per cent lower yesterday in what was a pretty poor day for the Irish market. One trader described Ireland as the "loser" among the markets while another simply said the country had "gotten left behind" while European and global markets gained ground on the day.

Hershey prepares for Cadbury bid
November 25, 2009 at 7:26 pm

The charitable trust that controls Hershey, the US chocolate maker, has taken the first steps towards winning the local political approval it may need to outbid Kraft with a $17 billion offer for Cadbury.



GM job cuts to hit Germany hardest
November 25, 2009 at 7:26 pm

General Motors (GM) said yesterday that Germany would suffer 50 to 60 per cent of the job cuts it was planning at its European Opel-Vauxhall business.

MEPs approve fund to retrain Dell workers
November 25, 2009 at 7:26 pm

MEPs in the European Parliament have voted to approve a €21 million fund to help retrain up to 1,900 Dell workers being made redundant from the computer company's plant in Limerick, writes Arthur Beesley in Strasbourg.



Dubai creditor standstill plea shocks investors
November 25, 2009 at 7:26 pm

Dubai yesterday shocked investors by asking for a creditor standstill at Dubai World, the government's heavily indebted flagship holding company behind some of the world's most extravagant real estate developments.

Ireland Inc needs brand champions to beat the recession
November 25, 2009 at 7:26 pm

MEDIA & MARKETING:Developing Irish products into global brands could boost national morale, writesSIOBHAN O'CONNELL



Cantillon
November 25, 2009 at 7:26 pm

Inside the world of business

Tech firm Trintech announces third quarter revenues of $10m
November 25, 2009 at 7:26 pm

IRISH TECHNOLOGY company Trintech has announced revenues of $10 million (€6.6 million) for the third quarter and $29.1 million (€19.3 million) for the first nine months of 2009.



Britvic expects no further job losses
November 25, 2009 at 7:26 pm

BRITVIC IRELAND has said it does not expect further job losses in Ireland despite declines in revenue and operating profit in its Irish operation.

Study finds 30% tax relief on pensions could save €500m
November 25, 2009 at 7:26 pm

THE INTRODUCTION of a single rate of tax relief on pension contributions would save public money and would be fairer, according to a report from the Economic and Social Research Institute (ESRI).



Dealer pleaded to Cowen in vain
November 25, 2009 at 7:26 pm

One thousand jobs lost in sector since June, writesMICHAEL MCALEER, Motoring Editor

Provisional liquidator for motor dealership
November 25, 2009 at 7:26 pm

A PROVISIONAL liquidator has been appointed by the High Court to motor dealership EP Mooney after being told the firm is insolvent with debts of some €22 million. The firm operates five showrooms in Dublin and currently employs 95 people.



Fewer Irish in top 500 fast-growing IT firms
November 25, 2009 at 7:26 pm

IRELAND HAS achieved 18 places on the Deloitte Technology Fast 500, which ranks the fastest growing IT firms in Europe, the Middle East and Africa.

Paddy Kelly to wind up property management firm
November 25, 2009 at 7:26 pm

DEVELOPER PADDY Kelly is winding up a property management company whose business has been eliminated by the fall in demand for office space.



Clients reassured they will be repatriated or refunded
November 25, 2009 at 7:26 pm

CUSTOMERS AFFECTED by the collapse of Budget Travel have a "reasonable expectation" to be repatriated or refunded with minimal difficulty, according to a spokesman for the Commission for Aviation Regulation.

Budget Travel ceases trading
November 25, 2009 at 7:26 pm

IRELAND'S LARGEST tour operator Budget Travel has ceased trading with the loss of 172 jobs and the closure of 17 shops.



Commerce to be focus for funding
November 25, 2009 at 7:26 pm

THE BUDGET will prioritise research spending in areas that offer good commercial potential, the Tánaiste has indicated.

Eircom revenues, operating profits fall
November 25, 2009 at 7:26 pm

EIRCOM'S REVENUES and operating profit declined in the three months to the end of September – the first quarter of its financial year – as the effects of increased competition and the recession continued to bite.



Exceptional costs put Greencore in red
November 25, 2009 at 7:26 pm

EXCEPTIONAL COSTS of €25.2 million pushed listed food group Greencore into the red in the year to the end of September 25th, according to figures published yesterday.

Regulator blocks internal Anglo appointments
November 25, 2009 at 7:26 pm

THE FINANCIAL Regulator will not approve the appointment of any internal candidates to Anglo Irish Bank's long-term senior management team until the investigations into the State-owned lender have concluded.



Nama will not leave country awash with cash, says AIB
November 25, 2009 at 7:26 pm

THE CHIEF executive of Allied Irish Banks (AIB), Eugene Sheehy, has said that the country "won't be awash" with credit immediately after the Government acquires loans through the National Asset Management Agency (Nama).

Bank of Ireland 'will not need' more State money
November 25, 2009 at 7:26 pm

BANK OF Ireland does not expect to seek further cash injections from the State according to the five-year restructuring plan submitted to the EU, but expects the Government to remain a substantial shareholder after the reorganisation is completed.


 

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