News roundup: Top stories at 9.15am

The top Irish and international business stories this morning including C&C, Eircom, CRH, Tullow and the latest on the debt crisis.

16th May, 2012
C&C said profits rose despite a "cautious" outlook.

The top Irish and international business stories this morning:

**Drinks group C&C** posted a 9 per cent increase in operating profit before exceptional items to €111.2 million for the year to the end of February. The company saw revenues slip 4.8 per cent to €480.8 million.

**The parent company of mobile operator 3** Ireland is to join with a group of junior lenders to take a legal challenge against the survival scheme being prepared for Eircom.

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