Stocktake Business /
Agm season looms
AIB backs life science fund
Petroceltic pulling out of Kurdistan venture
? Petroceltic said it has agreed with its partner to withdraw from its Dinarta licence in the Kurdistan region of Iraq.
RBS sells off private bank
? Royal Bank of Scotland (RBS) agreed to sell its Coutts International private bank to Switzerland’s Union Bancaire Privee (UBP), last week, as the firm became the latest foreign bank to retreat from the Swiss wealth market.
Fastnet awarded new exploration licence
? Fastnet Oil & Gas, the Irish exploration company, has been awarded a new operated licensing option named the Ventry licensing option in the North Celtic Sea basin last week. The exploration company said it has a 100 per cent working interest in the
UTV is awarded Britain’s second radio licence
? UTV Media was awarded Britain’s second national DAB (digital audio broadcasting) radio licence by the communications regulator, Ofcom, last week along with its partners in the Sound Digital consortium, Bauer Media and Arqiva.
Accenture on the rise
? Shares in consulting and outsourcing firm Accenture were up last week as the company raised its full-year revenue forecast for the second time as it reported higher-than-expected quarterly profit and revenue.
Apple unveils details of its new watch
Tech giant Apple last week announced that its latest product, the Apple Watch, will be available on April 24 to customers in selected markets. It also unveiled details on the watch’s pricing and product specification.
Losses shrink at Permanent TSB
Permanent TSB indicated last week that it will raise €525 million from investors to plug a capital shortfall after it failed European-wide stress tests on its loan book last October. The bank also announced that its losses last year shrank to €48 mil
Advertising revenue up at INM for first time since 2007
Independent News & Media (INM) has reported a 4 per cent rise in operating profit to €34 million last year as strong growth in digital revenue offset a decline in publishing revenue. The media group also said that advertising grew for the first time
Cineworld earnings boosted by increase in box office revenue
Britain’s largest cinema operator Cineworld Group announced last week that its full-year pre-tax earnings more than doubled last year boosted by higher box office revenue. 2015 also has the makings of a strong year for Cineworld with a number of big
Intel cuts first quarter revenue forecast
Intel has slashed its first quarter revenue forecast by almost $1 billion on the back of lower-than-anticipated demand for corporate computers and weakening economies.
Boardroom Briefing