Wednesday | Irish Independent
Bank and firms differ in defining a loan refusal
A key Government-commissioned report into bank lending to small businesses has found a massive difference between what banks and firms call a loan refusal.
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Irish Banks Face $49 Billion in Losses as Economy, Housing Slump, IMF Says
Irelanda s banks face losses of as much as 35 billion euros through next year as the economy shrinks at an a oeunprecedenteda pace, the International Monetary Fund said.
Allied Irish Banks cleans house in executive suite
Allied Irish Banks PLC bowed to investor pressure yesterday and parted company with its chairman, chief executive and finance director in a dramatic clearout of its top brass.
Bank shares soaring on belief taxpayers will bear NAMA pain
SHARES in Ireland 's largest bank soared 14-fold in the past 10 weeks because international investors expect the taxpayer to absorb most of the pain when the Government finally unveils details of the National Asset Management Agency .
Allied Irish Banks, p.l.c. - Exchange of Outstanding Securities by Exchange Offers
Allied Irish Banks, p.l.c. today announces that it and its subsidiary, AIB Capital Exchange Offering 2009 Limited, have accepted offers to exchange six series of Euro and Sterling denominated Tier 1 and Tier 2 securities for the equivalent of circa EUR 1.3bn of new Lower Tier 2 capital qualifying securities to be issued on 25th June 2009.
`Incredibly Cheap' Irish Banks Gain as Government Readies Property Plans
Irish bank stocks, the biggest losers in Europe in the first quarter, have been the best performers since March as investors bet the government will rescue the lenders without punishing shareholders.
The Best Stocks for the Next 4 Years
Did I miss something, or have we completely emerged from the market's bottom? We can't be sure just yet, but investors in Insmed , Satyam Computer Services , Allied Irish Banks , and RF Micro Devices are likely convinced -- each of those stocks is up more than 50% over the past month! But some analysts, like Nouriel Roubini, believe this rally will ...
An Investing Strategy for Any Market
Despite the recent stock market recovery, the economy remains in deep trouble. Even President Obama effectively agrees, recently saying in a Bloomberg News interview a oeIta s going to take a long timea for a full-fledged recovery, as households work off the debt accumulated during the real estate boom.
Today's Big Losers: IRE, AIB, LEA
The Bank of Ireland is down over 15% today on a downgrade from Deutsche Securities.
19:44: Motor business claims freezing of accounts was unconstitutional
A motor repair and sales business has commenced High Court proceedings against both the AIB and the State arising out of a decision to freeze the firm's bank accounts following a direction from the Gardai.
Some stocks are one-hit wonders that make a big splash when they first appear and then quickly fizzle into obscurity or oblivion.
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PennyStockChaser.com Announces Investment Opinion on CNB, AIB, LVLT, EMKR and ACAS
NEWARK, Del. - PennyStockChaser.com is a leading stock website that provides free daily alerts on stocks that are moving up.
Allied Irish Banks, P.L.C. and Aib Capital Exchange Offering 2009 Limited
Allied Irish Banks, p.l.c. [NYSE: AIB] has today announced the following: FOR INFORMATION ONLY: SEE OFFER RESTRICTIONS IN USA ALLIED IRISH BANKS, P.L.C. AND AIB CAPITAL EXCHANGE OFFERING 2009 LIMITED ANNOUNCE EXCHANGE OFFERS in relation to any and all of the EUR 200,000,000 Perpetual Subordinated Callable Step-Up Notes 400,000,000 Perpetual ...
Allied Irish Banks, BlackRock, Fronteer, Headwaters: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading . Stock symbols are in parentheses and prices are as of 7:45 a.m. in New York.
Stocks on the move: Angiotech, Arena, DuPont, Headwaters, Qwest
Shares of the following companies are having unusual moves in U.S. trading this morning.
Backer of Post Office savings faces credit rating downgrade
Moody's said it had placed the long-term bank deposit ratings of Bank of Ireland "on review for possible downgrade". The same applied to Allied Irish Banks, it added.
Nama deadline for banks loan details
Today is the deadline for banks and building societies covered by the State guarantee to provide a breakdown of their property loan portfolios to the National Treasury Management Agency officials working on the National Asset Management Agency project.
Financials main movers on Irish market
The Irish stock market had a largely unremarkable day of trading closing down slightly to finish at 2,707.35. Brokers said the bank holiday weekend in the United Kingdom and America had created a generally quiet day in the markets which would most likely be repeated again on Monday.