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Tag: Kerry Group

Report says gap between CEO pay and Irish worker is widening

A trade union study of executive salaries says the gap between the pay packets of chief executives and those of average workers is widening in most major Irish companies. The report – Because We’re Worth It: The Truth about CEO pay in Ireland – was carried out by the Irish Congress of Trade Unions (Ictu). […]

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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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Bumper year for changes at top of corporate Ireland

Kerry Group The third-largest company on the Iseq by market value, Kerry Group sticks to a tried and tested formula when it comes to succession at the helm. When Stan McCarthy, the group’s third chief executive since it was established in 1972, signalled in February that he was preparing to step down in September as […]

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Kingspan, Dalata lead Iseq 20 gainers in 2017

Kingspan has emerged as the top gainer on in the Iseq 20 index in 2017, gaining almost 43 per cent as the insulation group continued to shrug off concerns over Brexit and strike at least €620 million of acquisition deals internationally. While the Cavan-based company initially plunged as UK voters decided in June 2016 to […]

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Sterling recovers as concerns about Brexit soften

Sterling recovered somewhat on Tuesday on the back of a softening about the likelihood for a Brexit deal. Dublin Shares in AIB ended the day up almost 1 per cent after earlier surging when the bank eased concerns it will have to set aside further provisions for an industry-wide, tracker-mortgage scandal. “The bank released a […]

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Euronext eyes Brexit dividend via Irish Stock Exchange deal

The liquidators of stockbrokers Bloxham could only look on this week as the failed firm missed out on a second windfall at the Irish Stock Exchange (ISE) in less than four years. The Dublin-based firm, whose licence was revoked in 2012 after it ceased trading amid a probe into financial regularities, saw the High Court […]

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Iseq bucks trend to finish higher

European shares struggled in the final trading session of the week, as Thursday’s bounce proved to have little staying power. The Stoxx Europe 600 Index closed down 0.2 per cent as the London, Frankfurt and Paris markets all edged lower, while the US market was also in negative territory in early trading. The Dublin market […]

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lseq bucks trend to finish higher

European shares struggled in the final trading session of the week, as Thursday’s bounce proved to have little staying power. The Stoxx Europe 600 Index closed down 0.2 per cent as the London, Frankfurt and Paris markets all edged lower, while the US market was also in negative territory in early trading. The Dublin market […]

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NY-listed Irish equities fund eyes more Dublin IPOs

The managers of a New York-listed fund focused on Irish equities, which is seeking to raise new money, expect Dublin will see further initial public offerings (IPOs) as the economy continues to expand in the coming years. The New Ireland Fund, an actively-managed portfolio of up to 25 stocks run by Kleinwort Benson Investors (KBI) […]

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