Budget picks
Budget 2019 didn’t put much money back into our pockets. Much of the focus of Finance Minister Pascal Donohue last Tuesday was on housing and health – with little left in the pot for anyone else. Many of us will only be better off to the tune of about €5 or €6 a week next […]
Irish food supplier Greencore to sell entire US business for €927m
Irish food-to-go supplier Greencore has reached an agreement to sell its entire US business to Hearthside Food Solutions for £817m (€927m). Greencore said it will hand a large part of the proceeds to shareholders via a special dividend of £509m, or 72 pence per ordinary share. The group said that the deal will also “support […]
Irish food supplier Greencore to sell entire US business for €927m
Irish food-to-go supplier Greencore has reached an agreement to sell its entire US business to Hearthside Food Solutions for £817m (€927m). Greencore said it will hand a large part of the proceeds to shareholders via a special dividend of £509m, or 72 pence per ordinary share. The group said that the deal will also “support […]
Brexit the big cloud in bank’s forecasts for jobs and growth
THE Central Bank has laid out a rosy economic forecast, with continued growth and tens of thousands more people in work over the next three years. However, it warned that a hard Brexit would damage the country – and even a soft Brexit would slow growth substantially for an economy that is more exposed to […]
Iseq hits two-year low as market volatility returns
THE Iseq index of Irish shares slumped to its lowest level since November 2016, mirroring moves in European shares as investors moved to shed risk. The market was gripped by turbulence for a second consecutive day, with sharp falls at heavily weighted stocks almost pushing the index through the 6,000 level. Cement giant CRH – […]