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Stocks In Focus For Monday
Stocks In Focus For Monday
Homeloans slump forces 'broker of the year' to close

INNOVATIVE mortgage broker Rea Mortgages is to shut down due to the collapse in the home-loans market.

O'Dea denies reports of imminent Dell closure

Defence Minister Willie O'Dea has denied being informed by Dell executives that the computer giant plans to end its Irish operations early next year.

Europe responds with 'meaningless' guarantee

European finance ministers failed to agree on steps to shore up the banking system hours after their countries' leaders pledged to do whatever was needed to restore confidence as the continent's stocks fell the most since 1987.

Almost 1,500 firms fail this year, says bank

A TOTAL of 1,491 companies have failed to date this year, with the construction sector hardest hit, according to a survey by Bank of Ireland.

Retail chief is going through the roof

IBEC director and head of Retail Ireland Torlach Denihan has won permission to hugely increase the size of his house in Blackrock.

Europe's big four ask for 'free hand' to tackle the bank crisis

Europe's four major powers called for the EU to give them a free hand to tackle the global financial crisis, and vowed to support their countries' banks.

Honey, we forgot to shrink the inflated building industry

'WE should not do anything that disrupts unnecessarily an industry (construction) that is such an important driver of jobs. For this reason, for projects that are already in the pipeline, I am extending the date for which 100 per cent relief for expenditure will apply by five months from end July 2006 to December 31, 2006.

With Aer Lingus off on a bumpy ride, it's best to steer well clear

On Monday, Aer Lingus chief executive Dermot Mannion finally revealed the extent of swingeing cuts he wants to impose in order to rationalise the airline and save €74m as it faces renewed threats to its survival.

Oil rises on talk of cut by OPEC

OIL prices perked up yesterday as speculation on a cut in output by the OPEC cartel gripped markets, sending crude back to more than $90 a barrel.

33pc surge in people seeking State help over debts

THERE has been a 33pc surge in the number of people in financial difficulty seeking the support of the State-supported Money Advice and Budgeting Service.

British banks cry foul over cash migration

BRITISH banks continued to cry foul yesterday amid claims they have suffered an outflow of millions of pounds of deposits to state-protected Irish banks.

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