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The IDR takes into account the reduced debt that Eircom exited examinership in early June 2012

Fitch takes negative view on Eircom

Fitch Ratings has affirmed Eircom Holding Ireland Limited's default rating at 'B-' and the instrument and Recovery Ratings on the company's senior secured bank debt at 'B'/ 'RR3'.

Business • 22 Mar 13

Hilco is seen as the frontrunner to take full control of HMV in Britain

Restructuring firm Hilco buys HMV debt

Restructuring specialist Hilco has bought the debt of HMV, according to sources close to the situation, giving it a big influence in the fate of the British entertainment retailer which fell into administration last week.

Business • 22 Jan 13

Five industrial disputes began during 2012

8,486 days lost to industrial disputes in 2012

There were 8,486 days lost to industrial disputes last year, according to figures from the Central Statistics Office.

Business • 22 Jan 13

Petroceltic get regulatory approval for gas field

Petroceltic International has announced that the Algerian Competent Authorities have given their approval to the plan of development for the Ain Tsila gas-condensate field in the Illizi basin of Algeria.

Business • 21 Dec 12

Elan announces completion of demerger of Prothena

Elan has announced completion of the separation of a substantial portion of its drug discovery business into a new independent, publicly traded company, Prothena.

Business • 21 Dec 12

RIM loses BlackBerry subscribers for first time

Research In Motion's stock plunged in after-hours trading after the BlackBerry maker said it plans to change the way it charges fees.

Business • 21 Dec 12

HMV shares drop sharply after poor results

HMV's new boss today warned the entertainment group is in talks with banks over its future after worse than expected trading in the run-up to Christmas.

Business • 13 Dec 12

United Drug appoints broker after FTSE inclusion

United Drug has appointed Jefferies Hoare Govett, a division of Jefferies International Limited, as its London corporate broker.

Business • 13 Dec 12

Santos acquires shareholding in Tamboran

Tamboran Resources has entered into a joint venture with energy company, Santos.

Business • 13 Dec 12

Glanbia co-op members vote to reduce plc holding

Glanbia co-op has approved the proposal to reduce the Society’s shareholding in Glanbia plc to 41.4%.

Business • 12 Dec 12

Porsche breaks its own sales record

German sports car maker Porsche AG says it has already broken last year's record sales number with one month left in 2012.

Business • 12 Dec 12

Lidl had expected to hand out about 1,000 of the €20 dinner packs

Lidl Christmas dinner offer goes viral on Twitter

Discount retailer Lidl faces a €200,000-euro Christmas dinner bill after an offer of chicken vol-au-vents and ice cream cake for the poor went viral.

Business • 12 Dec 12

SMEs facing insurance problems - Labour Senator

Difficulties being faced by smaller companies in securing a renewal of their insurance policies at the former Quinn Insurance have been raised in the Seanad.

Business • 11 Dec 12

Delta Airlines to buy 49% stake in Virgin Atlantic

Delta Airlines is to buy Singapore Airlines' 49% stake in Virgin Atlantic for $360 million (€227.2m) and has agreed to a transatlantic joint venture with the British carrier.

Business • 11 Dec 12

Diageo talks with Jose Cuervo end without deal

The world's biggest spirits maker, Diageo, has pulled out of long-running talks to buy a stake in top-selling tequila brand Jose Cuervo in a surprise move that could slow its race into fast-growing emerging markets.

Business • 11 Dec 12

Glanbia Co-Op vote 'to go ahead as planned'

Food and milk company Glanbia has said tomorrow’s vote to conclude the reorganisation of the Glanbia Co-Op will go ahead as planned.

Business • 11 Dec 12

Tullow Oil acquires Norwegian exploration company

Tullow Oil has announced to the Stock Exchange that it has agreed to acquire Norwegian exploration company, Spring Energy Norway in a deal worth over $372 million.

Business • 11 Dec 12

Musgrave purchases two Supervalu stores

Retail group Musgrave has completed a deal to purchase two Supervalu stores in Thomastown, Kilkenny and Clonmel, Tipperary.

Business • 11 Dec 12

Aston Martin cars were made famous by James Bond films

Reports of bids for Aston Martin denied

The company Investment Dar which owns Aston Martin has denied reports that it has received competing bid for a 50% stake in the car brand.

Business • 26 Nov 12

Origin Enterprises reports slow start to year

Agri-Services group Origin Enterprises has issued a trading update that reports a slower start to its financial year ahead of its AGM today.

Business • 26 Nov 12

Further claims against State Street bank

The pension funds of Sainsbury and the British Royal Mail are among those billed by State Street in London for fees which were not included in their contracts with the bank it has emerged.

Business • 23 Nov 12

C&C acquires Gleeson Group

Drinks group C&C has announced that it has agreed to acquire the Gleeson Group for €12.4m.

Business • 22 Nov 12

Mothercare narrows loss as sales pick-up

British baby products retailer Mothercare narrowed its losses for the first half of the year as international sales growth and an improving UK performance helped boost business.

Business • 22 Nov 12

From left to right: Vincent Reynolds, Chair of the Network of County and City Enterprise Boards, Jim Hughes, Innovate Business Technologies and Tom Banville, CEO of Wexford County Enterprise Board

Wexford based company wins enterprise award

A Co Wexford based technology and telecoms provider has emerged as the overall winner at the National Enterprise Awards.

Business • 22 Nov 12

Ulster Bank yet to pass on mortgage relief rise

Ulster Bank has said it will make a lump sum payment to mortgage customers short-changed by its failure to give them the right level of mortgage interest relief.

Business • 21 Nov 12

Companies

Fitch takes negative view on Eircom

Restructuring firm Hilco buys HMV debt

8,486 days lost to industrial disputes in 2012

Petroceltic get regulatory approval for gas field

Elan announces completion of demerger of Prothena

RIM loses BlackBerry subscribers for first time

HMV shares drop sharply after poor results

United Drug appoints broker after FTSE inclusion

Santos acquires shareholding in Tamboran

Glanbia co-op members vote to reduce plc holding

Porsche breaks its own sales record

Lidl Christmas dinner offer goes viral on Twitter

SMEs facing insurance problems - Labour Senator

Delta Airlines to buy 49% stake in Virgin Atlantic

Diageo talks with Jose Cuervo end without deal

Glanbia Co-Op vote 'to go ahead as planned'

Tullow Oil acquires Norwegian exploration company

Musgrave purchases two Supervalu stores

Reports of bids for Aston Martin denied

Origin Enterprises reports slow start to year

Further claims against State Street bank

C&C acquires Gleeson Group

Mothercare narrows loss as sales pick-up

Wexford based company wins enterprise award

Ulster Bank yet to pass on mortgage relief rise