IL&P reveals state bond deals worth €2bn Sunday, March 07, 2010
By David Clerkin, Markets Correspondent Irish Life & Permanent (IL&P) acquired €2.2 billion in Irish government bonds last year - 10 per cent of the exchequer’s borrowing requirements - despite borrowing almost the same amount from the state owned Anglo Irish Bank.
Tax change forces Grafton to alter share policy Sunday, March 07, 2010 By David Clerkin, Markets Correspondent Grafton is to end its practice of buying back its shares instead of paying cash dividends, in response to a recent change to tax laws.
Thin trading behind 40% hike in AIB share price Sunday, March 07, 2010 By David Clerkin, Markets Correspondent The 40 per cent rise in AIB’s share price last week was triggered by a series of trades worth just €6 million.
BoI staff may see final salary pension cut Sunday, March 07, 2010 By David Clerkin, Markets Correspondent Bank of Ireland staff could see their future pension entitlement cut from two-thirds to less than half of their final salary, following the bank’s review aimed at cutting its pension liabilities.
Over-65s lose €1bn in state proposal Sunday, March 07, 2010 By Kathleen Barrington People aged 65 and over will be missing out on pension payments of about €1 billion a year as a result of the government’s proposal to increase the retirement age to 68.
The Inquisitor Sunday, March 07, 2010 By Richard Curran Pension providers have little to complain about
Grafton shareholders are soothed by stabilisation signs Sunday, March 07, 2010 By David Clerkin Markets Correspondent Signs of stabilisation were the best Grafton shareholders could hope for last week, as the builders’ merchant and DIY specialist reported a sharp fall-off in profits on the back of the construction downturn in Ireland and Britain.
Growth at Kingspan wanes, but investors stay put for now Sunday, March 07, 2010 By Samantha McCaughren The growth story at building materials and insulation group Kingspan has stalled, but investors are staying with the company in the belief it will take a larger chunk of the construction market when it recovers.
Doherty’s impaired vision Sunday, March 07, 2010 By David Clerkin, Markets Correspondent Confidence in AIB’s guidance on loan losses is in short supply after the bank posted catastrophic results last week
Murphy lines up a Permanent split Sunday, March 07, 2010 By David Clerkin, Markets Correspondent Last week saw Irish Life & Permanent (IL&P) report what is likely to be its last set of full-year results before its life assurance and banking businesses go their separate ways.
Comment Sunday, March 07, 2010 INM set to make dignified retreat from London