Gaming Game maker Sega to acquire Dermot Smurfit jr’s gambling firm GANThe sale is the culmination of a long strategic review process by the company after a period of struggling share price and revenue performance
Stock Take It makes sense for growing Irish firms to leave for bigger stock exchanges Euronext has called for stamp duty to be scrapped on share trading – but it might not be enough to halt the exodus of companies
Markets Markets Wrap: Stocks sink as bonds convulse and dollar rally growsThe turmoil in bond markets has damped optimism the start of the new month would bring some clarity to the financial world, analysts said
Smurfit Kappa Smurfit Kappa gives its top executives €16m in bonusesThe paper and cardboard giant has given its top people over €16 million worth of share-based bonuses within various vesting and performance schemes
Companies New York hedge fund takes short positions against Irish firms Kingspan and CRHNew Central Bank filings show Millennium International Management holds sizeable short positions against both Kingspan and CRH
Companies Eamon Waters continues investment spree with multi-million euro stake in Irish Continental GroupThe founder of Panda Waste has been steadily buying up stakes in companies listed on the Irish stock exchange in the last year
Companies CRH chief sells €3 million shares in building materials giantAlbert Manifold, who is one of the highest paid executives in Ireland, sold over 58,000 shares in the firm last week
Business Dermot Desmond’s troubled gold company to be liquidatedThe New York stock exchange had announced it was planning to de-list a number of the company’s financial instruments from public trading “due to the company’s inability to file its quarterly reports” for periods in 2022 and 2023.
Companies Chinese stocks in Hong Kong tumble amid disappointing trade dataThe Hang Seng China Enterprises Index slid as much as 2.6 per cent
Markets US Stock Exchange: Markets are doing so well that it may be time to start worryingDespite markets thriving, analysts are bracing themselves for the exchange’s worst two months of the year
Markets London hedge fund doubles down on Uniphar short bet GLG Partners has now put down €9 million in flutter against 1.17 per cent of Irish listed healthcare group’s shares
Business Diamond mining firm launches Northern Ireland exploration after possible precious metals discoveryKarelian Diamonds has announced a Nickel-Copper-Platinum Group Metals exploration programme
Markets Morning Markets Wrap: Chinese stocks down amid stimulus worry as dollar makes gainsMarket pessimism around Chinese equities ‘probably at a level of extreme,’ investment expert warns
Markets Markets wrap: ISEQ up 41 points; Sterling up to 15-month high while Wall Street up as inflation eases The Business Post round-up of the markets
Markets Irish-listed Molten Ventures records loss of £243m in 2023Venture capital fund formerly known as Draper Espirit endured a turbelent year in which tech company valuations plummeted
business Three of Origin Enterprises’ biggest shareholders reduce stakesTwo of the shareholders have reduced their stakes to below 10 per cent of the company
business Hedge fund takes short bet against Bank of Ireland worth almost €50mMarshall Wace, co-founded by British right-wing supporter Paul Marshall, has bet against 0.5 per cent of the bank’s shares
Markets Markets wrap: S&P 500 on brink of bull run amid big tech rally and US jobs dataS&P 500 hit nine-month high on Friday after Congress passed a debt ceiling bill
Markets Hedge funds deploy ChatGPT to handle grunt workOne of the world’s largest hedge funds says technology can speed up the preliminary parts of research
Companies Dermot Desmond’s gold firm unable to file stock update ‘due to lack of funds’ Company said it was ‘working on securing additional funds’