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Tesla jumps after Musk buys shares worth $1 billion

Tesla shares jumped about 7% in opening trade on Wall Street after a regulatory filing showed that CEO Elon Musk had purchased nearly $1 billion worth of the electric-vehicle maker's stock last week.

Business • 15 Sep

Robinhood's shares hit a record high and were last up 6.6%

Robinhood tokens allow EU users to trade in US stocks

Robinhood Markets has launched tokens that will allow its customers in the European Union to trade more than 200 US stocks and exchange-traded funds, including Nvidia, Apple and Microsoft

Business • 30 Jun

Wizz Air profit slumps on grounded planes, shares tumble

Budget carrier Wizz Air's grounded planes that are awaiting engine repairs took their toll on annual profits today, sending the shares down 23%

Business • 05 Jun

Ryanair's Micheal O'Leary could earn €100m shares jackpot

Ryanair Chief Executive Michael O'Leary hit a share-price target today that could earn him over €100m, a payout he told investors earlier this month would be good value compared to the salaries of football stars.

Business • 29 May

The latest buyback between AIB and the Minister for Finance was approved by the bank's shareholders at its AGM last week

AIB proceeds with buyback to cut Government stake

AIB has agreed to proceed with a direct share buyback with the State as its share price rose back above the agreed buyback price, allowing it to cut the Government's stake in the bank to 3.3% from just under 12%.

Business • 08 May

Cairn Homes chief executive Michael Stanley

Cairn Homes CEO sells 8 million shares in homebuilder

The co-founder and chief executive of Cairn Homes, Michael Stanley, has sold eight million shares in the house building company.

Business • 06 Sep 24

The sale is likely to raise €617m for the State

State to reduce its stake in AIB below key 30% threshold

The State is to sell another 5% of its stake in AIB.

Business • 27 Jun 24

With its shares at a record high of $734.96, Nvidia was worth $1.82 trillion in market value on Wall Street yesterday

AI frenzy puts Nvidia ahead of Amazon in market value

Nvidia briefly surpassed Amazon.com in market capitalisation yesterday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable US company.

Business • 13 Feb 24

HealthBeacon said today it now only has sufficient cash to continue to trade until the last week of October

HealthBeacon shares suspended from Dublin Euronext

HealthBeacon shares have been suspended from the Euronext Growth Dublin index after the board of the medtech firm warned it is in a "highly constrained financial position" and said it "requires additional financing urgently in order to continue as a going concern".

Business • 13 Oct 23

The State's stake in AIB will fall to 53.35% after the latest share buyback programme

New share buyback to cut State's stake in AIB to 53.35%

The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding in the bank.

Business • 25 Apr 23

A total of €286.4m has been raised from the AIB trading plan since it was first announced last year

Finance Minister extends AIB share trading plan to July

The Minister for Finance Michael McGrath has further extended AIB's share trading plan into a third phase which is due to end in July.

Business • 06 Jan 23

Finance Minister Paschal Donohoe gave the go-ahead for the sale of 135 million AIB shares on November 7 at a price of €2.96

'Right timing' for sale of State's shares in AIB

Interest rate hikes by the European Central Bank had been "positive for Irish banks" and meant the timing was right for the state to sell more of its share in AIB, according to Department of Finance documents.

Business • 12 Dec 22

Most of the recipients first bought their shares back in the 1960s

Farmer Business Development shareholders to share €4.4m

490 farmers who are shareholders of Farmer Business Development plc, will tomorrow share a €4.4m pay out as a result of a voluntary share buy-back scheme

Business • 18 Aug 22

The Dow Jones Industrial Average rose 174.44 points

Stocks climb as Fed hike view dialed back

European shares tracked global equities higher on Monday, but investors were seen staying cautious ahead of a European Central Bank policy meeting and a scheduled resumption of Russian gas flows via the Nord Stream 1 pipeline.

Business • 18 Jul 22

The Bank of Ireland share trading plan's total proceeds to date amount to €532m

Bank of Ireland share trading plan extended to October

Minister for Finance Paschal Donohoe has announced a further extension of Bank of Ireland's share trading plan, with the programme now extended to October.

Business • 07 Apr 22

One of Barclays' top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight

Barclays shares fall after top investor offloads stake

Shares in Barclays fell as much as 6% in earlier trade today, after one of its top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight.

Business • 29 Mar 22

Ryanair announced plans to drop its London listing earlier this month due to a fall in trading volumes there

Ryanair to drop London Stock Exchange listing

Ryanair said today it had moved a request with Britain's financial watchdog to delist from the London Stock Exchange.

Business • 19 Nov 21

Benefits on offer were more comprehensive in the multinational sector

Health insurance, pensions among benefits workers want

Health insurance, pensions and paid sick leave are among the top benefits sought by employees from their employers, new research has revealed.

Business • 24 Aug 21

The proposal will be voted on by shareholders at the bank's AGM

AIB to seek permission to buy back some state shares

AIB is to seek permission from its shareholders to be in a position to buy back up to 5% of the bank from the state using excess capital if conditions allow.

Business • 01 Apr 21

The group said it has identified €1.2 to €1.4 billion of investment opportunities

Smurfit Kappa to raise €650m to fund new opportunities

Packaging company, Smurfit Kappa, has announced plans to raise €650m through the placing of new ordinary shares.

Business • 19 Nov 20

Saudi Armaco's valuation has stayed above the sensitive $2 trillion mark

Saudi Aramco share posts first drop since listing

Saudi Aramco shares posted their first drop today after five days of listing on the Saudi Stock Exchange Tadawul, but its valuation stayed above the sensitive $2 trillion mark.

Business • 17 Dec 19

Origin Enterprises' latest quarterly revenues fall to €371.2m from €430m the same time last year

Origin Enterprises' shares slump as it warns on profits

Shares in agri-services group Origin Enterprises slumped over 7% today as it cautioned that its full year operating profit is now expected to be lower than the current range of estimates.

Business • 20 Nov 19

Tesla's CEO Elon Musk is now set to buy stock worth up to $25m, more than double his initial commitment

Tesla set to raise up to $2.7bn in enlarged share sale

Tesla is set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet.

Business • 03 May 19

Shares in the department store have lost more than 89% year-on-year

Debenhams warns on profit again as restructuring looms

Debenhams has today warned on profit again, as the department store group edged nearer to a restructuring that analysts expect will include a share issue and an acceleration of its store closure plans.

Business • 05 Mar 19

The viaduct was part of the A10 motorway linking Genoa with the French border to the west and was managed by toll-road operator Autostrade per l'Italia, a unit of Atlantia

Atlantia shares down again after Genoa bridge collapse

Shares in Italy's infrastructure group Atlantia opened down 9.4% this morning, after falling 22.5% last week following the collapse of a motorway bridge in the Italian port city of Genoa.

Business • 20 Aug 18