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Europe Top News and Analysis Ireland

  • The European Central Bank said it will host a meeting of banks on May 4 at its offices in Frankfurt. It will spell out in detail what those moving some of their operations out of London must do to apply successfully for a licence. Ireland's central bank will hold a similar gathering next month to advise groups considering a move to Dublin, which along with Frankfurt,...

  • *Q1 profit $0.50/ shr vs est $0.49/ shr. The maker of automotive batteries and building heating systems said it now expects fiscal 2017 profit to be in the range of $2.60 to $2.68 compared with its previous forecast of $2.60 to $2.75. Sales in the company's building technologies and solutions unit, its biggest, rose 1 pct to $5.54 billion in the second quarter ended...

  • DUBLIN 4, Ireland _ Alkermes PLC on Thursday reported a loss of $68.9 million in its first quarter. The Dublin 4, Ireland- based company said it had a loss of 45 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

  • CORK, Ireland _ Johnson Controls International PLC on Thursday reported fiscal second-quarter profit of $148 million. For the current quarter ending in July, Johnson Controls expects its per-share earnings to range from 70 cents to 73 cents. Johnson Controls shares have climbed 4.5 percent since the beginning of the year, while the Standard& Poor's 500 index...

  • DUBLIN _ Icon PLC on Thursday reported first-quarter net income of $71.4 million. Icon PLC expects full-year earnings to be $5.06 to $5.26 per share, with revenue in the range of $1.7 billion to $1.75 billion. Icon PLC shares have climbed 2 percent since the beginning of the year.

  • DUBLIN _ Allegion PLC on Thursday reported first-quarter profit of $68.4 million. Allegion expects full-year earnings in the range of $3.60 to $3.75 per share. Allegion shares have increased 25 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 7 percent.

  • DUBLIN _ Seagate Technology PLC on Wednesday reported fiscal third-quarter net income of $194 million, after reporting a loss in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Six analysts surveyed by Zacks expected $2.71 billion.

  • DUBLIN _ Ingersoll-Rand PLC on Wednesday reported first-quarter earnings of $117.1 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Seven analysts surveyed by Zacks expected $2.92 billion.

  • The ECB is breathing a sigh of relief after the first round of the French election but they are unlikely to change their policy stance until June.

  • DUBAI, United Arab Emirates— Aircraft leasing company Dubai Aerospace Enterprise has agreed to buy rival AWAS, more than tripling the size of its fleet. DAE said Monday it agreed to buy the Dublin- based company from funds managed by its shareholders, Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. DAE is majority-owned by the Dubai...

  • Pittsburgh Steelers team owner Dan Rooney holds the Vince Lombardi trophy after his team won Super Bowl XL against the Seattle Seahawks in February, 2006.

    Pittsburgh Steelers chairman Dan Rooney, one of the NFL's most influential and popular executives, has died. He was 84.

  • DUBLIN, April 11- Yahoo's European regulator said it is preparing to give the U.S. Ireland's Data Protection Commissioner, the lead European regulator on privacy issues for Yahoo because the company's European headquarters are in Dublin, told Reuters she would issue the report "in the next couple of weeks". "We are preparing to serve the final report on Yahoo EMEA...

  • FRANKFURT/ LONDON, April 11- Cross-border banks in London looking to shift operations to the euro zone after Britain leaves the European Union should allow at least six months for a new licence, the European Central Bank said on Tuesday. Banks in London fear a "hard" Brexit with no access to the bloc's single market after 2019, and face pressure from regulators to...

  • FRANKFURT/ LONDON, April 11- Cross-border banks in London looking to shift operations to the euro zone after Britain leaves the European Union should allow at least six months for a new license, the European Central Bank said on Tuesday. Banks in London fear a "hard" Brexit with no access to the bloc's single market after 2019, and face pressure from regulators to...

  • *Graphic on Ireland's GDP ride http://bit.ly/2oRrlcD. DUBLIN, April 10- Ireland has increased its forecasts for economic growth to 4.3 percent this year and 3.7 percent next year but even that may prove too pessimistic after a muted initial impact from Brexit, Finance Minister Michael Noonan said on Monday. Ireland's economy was the best performing in the...

  • LONDON/ MADRID April 10- A gap in EU financial rules is allowing member countries to compete to host the trading operations of London- based investment banks after Brexit by offering looser regulatory standards. This is largely because when the ECB became responsible for euro zone supervision in 2014 the bulk of broker-dealers were in London and therefore not...

  • *Tax transparency could increase disputes- Malta. VALLETTA, April 7- Malta's presidency of the European Union said on Friday the bloc should slow down its drive against corporate tax avoidance because it might hurt Europe's economy by increasing legal uncertainty. In a paper to be discussed by EU finance ministers in Valletta on Friday and Saturday, Malta, which...

  • *Ryanair says Brexit will lead to lower UK and EU growth. LONDON, April 6- Ryanair, Europe's largest airline by passenger numbers, plans to pivot its growth away from Britain over the next two years as it fears the lack of clarity over Brexit will cause major travel disruption and hit demand. "Ryanair is pivoting its growth away from the UK," Finance Director Neil...

  • BERLIN, April 5- European Union officials have heard complaints from some members of the bloc about others lowering the requirements for "passporting" rights to sell financial services in the EU single market, the European Commission vice president said. As Britain prepares to leave the EU, some British financial firms- and foreign banks using London as a...

  • STRASBOURG, April 4- All financial business denominated in euros should be moved from London to the European Union after Britain leaves the bloc, an EU lawmaker said on Tuesday. London is the world's leading financial centre for the clearing of derivatives denominated in euros, a lucrative business that the European Central Bank had tried in vain two years ago...