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Updated: 3 hours 13 sec ago

Hasbro's turnaround efforts help quarterly sales, profit

Thu, 07/25/2024 - 12:10
Hasbro has today posted a smaller-than-expected drop in second-quarter sales and beat profit expectations, helped by cost-control strategies and steady demand for digital gaming, sending shares of the toymaker up 10% before the bell.

Vessels at main Irish ports down 5% in first quarter

Thu, 07/25/2024 - 11:41
New figures from the Central Statistics Office show that Irish ports handled 12.1 million tonnes of goods in the first quarter of this year, an increase of 2% compared with the same time last year.

New home completions down 5.4% in second quarter - CSO

Thu, 07/25/2024 - 11:24
New figures from the Central Statistics Office show that the the number of new home completions in the second quarter of this year fell by 5.4%.

Truck driver jobs see 83% increase in demand - Indeed

Thu, 07/25/2024 - 10:58
New research from hiring platform Indeed shows that truck driver jobs have seen the biggest growth in demand so far this year.

ITV's first half ad revenue up 10% on Euro 2024 demand

Thu, 07/25/2024 - 09:58
ITV has today reported a better-than-expected 10% rise in total advertising revenue in its first half after strong demand during the Euro 2024 soccer championship.

Viatris to close Cork plant by 2028, 200 jobs to go

Thu, 07/25/2024 - 09:15
Pharmaceutical company Viatris has announced plans to wind down and close its manufacturing plant in Little Island in Cork, which employs around 200 people.

€725m funding plan not a reward for RTÉ, says Bakhurst

Thu, 07/25/2024 - 08:48
The €725m funding plan for RTÉ is not a reward for the series of mistakes that RTÉ made, its Director General has said.

Nissan sees Q1 profit wiped out by US discounts

Thu, 07/25/2024 - 08:40
Nissan Motor saw its first-quarter profit almost completely wiped out today and slashed its annual outlook, as deep discounting in the US shredded the Japanese automaker's margins.

Stellantis misses forecasts with H1 drop in revenues

Thu, 07/25/2024 - 08:27
Stellantis has today pledged to take steps to address problems in North American and elsewhere, including cutting output and prices, after the world's fourth biggest carmaker delivered worse-than-expected first-half results.

Revolut gets UK banking licence, ending three-year wait

Thu, 07/25/2024 - 07:57
Financial technology firm Revolut has received a UK banking licence with restrictions from the sector's regulator, it said today, making new strides towards the full authorisation it has sought for three years.

IBM gets lift from software, AI demand as consulting dips

Thu, 07/25/2024 - 07:47
IBM has beaten analysts' estimates for second-quarter revenue and raised its annual growth forecast for its software business, riding on higher AI-linked spending by clients looking to adopt the technology.

Vodafone's growth slows in Q1 on decline in Germany

Thu, 07/25/2024 - 07:42
Vodafone has today reported a 5.4% rise in service revenue in the first quarter, a slowdown on the previous three quarters, after its biggest market Germany went into reverse due to changes in cable TV regulation.

Unilever's Q2 underlying sales growth misses expectations

Thu, 07/25/2024 - 07:38
Unilever has today beaten first-half profit expectations boosted by resilient pricing even as sales growth disappointed.

Bord Gáis Energy posts half year profits of €50m

Thu, 07/25/2024 - 07:31
Bord Gáis Energy has today announced a profit of €50m for the first half of 2024 as wholesale energy prices have fallen significantly since 2022 and early 2023 after hitting record highs following Russia's invasion of Ukraine.

Nestle lowers its full-year sales growth outlook

Thu, 07/25/2024 - 07:16
Nestle, the world's biggest packaged food company, lowered its sales outlook today, noting it had to slow its pace of price hikes earlier than it would have liked as consumers have become increasingly cost-conscious.

Lloyds posts falling half year pretax profit

Thu, 07/25/2024 - 07:12
Lloyds Banking Group has today reported a 14% fall in first half pretax profit to £3.3 billion, just above forecasts, but tougher than expected trading conditions and rising costs hit its shares.

CrowdStrike bug in quality-control process led to crash

Thu, 07/25/2024 - 07:09
A software bug in CrowdStrike's quality-control system caused the software update that crashed computers globally last week, the US firm has said, as losses mount following the outage which disrupted services from aviation to banking.

Ebow to double headcount following financial backing

Thu, 07/25/2024 - 05:00
Digital marketing agency Ebow Digital is set to double its headcount to 60 over the next two years and open new offices in Dublin, London and Manchester.

Boeing finalises plea deal after fatal 737 Max crashes

Thu, 07/25/2024 - 02:34
Boeing has finalised a guilty plea to a criminal fraud conspiracy charge and agreed to pay a $243.6 million fine after it breached a 2021 deferred prosecution agreement with the US Justice Department, according to a court filing.

Bord na Móna delivers highest ever operating profit

Wed, 07/24/2024 - 16:52
Bord na Móna has delivered its highest ever operating profit of €106.7 million for its financial year 2024, up from €95.2 million the previous year.

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