Previous Day
Google Ireland doubles revenues to €3.3bn
Google Ireland, the Irish subsidiary of the dominant internet
search and advertising company, had revenues of €3.343
billion in 2006 and reported a pre-tax profit of €17.36
million. p
Anglo sells Swiss unit
Anglo Irish Bank is selling its Swiss private banking subsidiary and its affiliated Portuguese branch to Swiss bank St Galler Kantonalbank for a sum understood to be in the region of €150 million. p
Dell set to sell range of PCs in Irish shops
Computer maker Dell, the pioneer of selling PCs online, will sell its products in Irish shops for the first time in January. p
Other Stories
Deal makes PML biggest poster firm
Irish-owned outdoor advertising specialist PML has acquired the Dublin-based operation of Posterscope, a UK out-of-home poster management business. pLandsbanki scales back interest in Irish Nationwide
Icelandic bank Landsbanki is drawing back from the race for the Irish Nationwide Building Society only six weeks before its managing director, Michael Fingleton, must retire from its board when he turns 70. pMan ordered to stop eBay software sale
A man employed by Waterford Institute of Technology has been ordered by the High Court to stop selling software on the eBay website after Microsoft claimed it was counterfeit. pCheers at Yahoo as income tops €100m mark
Internet search engine operator Yahoo has declared annual royalty income of more than €100 million at one of its main Irish units and pretax profits of €4.22 million. pNationwide manager faces fresh inquiry
The Irish Nationwide Building Society (INBS) home loans manager who secured an injunction last month stopping his suspension over loans to solicitors Michael Lynn and Thomas Byrne is facing a fresh disciplinary investigation, the High Court was told yesterday. pKerry bid for Breeo may face snag
Food giant Kerry is working to resolve potential competition issues that might arise if its bid for the consumer food brands controlled by Reox Holdings proves successful. pWeill warns of Citigroup break-up
Sandy Weill, the former chairman of Citigroup, yesterday urged Vikram Pandit, the financial group's newly-installed chief executive, not to break up the company. pPaint firm unions to discuss takeover
Management and unions at the Irish Crown Paints manufacturing plant will meet next week to discuss the fallout from Akzo Nobel's acquisition of ICI. pRadio Kerry to buy Clare FM
Clare FM is to be sold to Radio Kerry for €7.2 million. The board of Clare FM has recommended the sale to its shareholders, including the Diocese of Killaloe, Minister of State Tony Killeen and the Galvin family, who own the Clare Champion newspaper. pEuropean stocks advance after big fall on Thursday
European stocks advanced yesterday after suffering their biggest drop in three weeks on Thursday, as shares were left near their cheapest level in at least five years. pLadbrokes hopes to expand Irish business
British bookmaker Ladbrokes is racing ahead with plans to expand its Irish business by seeking to buy rivals in the North. pCourt hears firm 'colluded' with DAA
A maintenance company from which Ryanair rented hangar space at Dublin airport "colluded" with Dublin Airport Authority (DAA) in favour of Aer Lingus to deny the budget airline longer-term accommodation, the High Court in London was told yesterday. pAlitalia shares nosedive in Milan
Desperate efforts by the Italian government to find a buyer for Alitalia ran into deeper trouble yesterday as shares in the lossmaking airline plunged on the Milan stock exchange and unions threatened wildcat strikes over the Christmas holidays. pIn short
A round-up of today's other stories in brief pCRH helps cement market recovery
MARKET REPORT: After a dip in fortunes earlier in the day, the Iseq managed to drag itself up into positive territory, ending the day 1 per cent higher. p
