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Europe Top News and Analysis Ireland

  • *Q4 total sales rise 4.6 pct to $7.92 bln. The minimally invasive therapies unit, which Medtronic acquired as part of its $42.9 billion Covidien deal, generated sales of $2.61 billion in the quarter ended April 28, a 6 percent rise from a year earlier. Leerink Partners analysts note that if Medtronic can continue to successfully execute on a steady stream of new...

  • *Q4 total sales rise 4.6 pct to $7.92 bln. The Dublin- based company said on Thursday it expects fiscal 2018 adjusted earnings to grow 9 percent-10 percent on a constant currency basis. The minimally invasive therapies unit, which the company acquired as part of its $42.9 billion Covidien deal, generated sales of $2.61 billion in the quarter ended April 28, a 6...

  • The minimally invasive therapies business, which the company acquired as part of its $42.9 billion Covidien deal, generated sales of $2.61 billion, a 6 percent rise from a year earlier. Net income attributable to Medtronic rose to $1.16 billion, or 84 cents per share, in the fourth quarter ended April 28, from $1.10 billion, or 78 cents per share, a year earlier.

  • NEW YORK— Medtronic PLC said higher sales of heart and surgical devices helped give a boost to its fiscal fourth-quarter profit, topping Wall Street expectations. Sales at Medtronic's cardiac and vascular unit, which makes implantable heart devices and valves, rose 4 percent to $2.85 billion, while the division that makes surgical staplers and breathing...

  • According to an EU paper, member states will be asked to decide on new homes for the European Medicines Agency and the European Banking Authority by October 2017. Leading contenders to house the EMA are already jockeying for position, with Spanish Health Minister Dolors Montserrat setting out the case for Barcelona to host the agency during a visit to Brussels...

  • NEW YORK, May 23- More than 20 banks and asset management firms are in advanced discussions with regulators in France about shifting jobs there following Britain's vote to leave the European Union, former Bank of France chief Christian Noyer said on Tuesday. Noyer is leading the French government's efforts to lure London- based financiers to Paris as they seek...

  • DUBLIN _ Perrigo Co. on Monday reported a loss of $1.36 billion in its fourth quarter. On a per-share basis, the Dublin- based company said it had a loss of $9.48. Six analysts surveyed by Zacks expected $1.17 billion.

  • DUBLIN, May 22- The overwhelming favorite to succeed Enda Kenny as Irish Prime Minister said on Monday he wants to lower an ambitious debt reduction target set last year, in order to free up more funding for infrastructure projects. Noonan has consistently pitched the measure as one of the key steps required to ensure the economy and public finances are equipped...

  • Barclays will now seek to bolster staff in its private banking hubs of London, Dublin, Geneva, Monaco, India, Dubai, Jersey, Guernsey and the Isle of Man, the source said. "In line with Barclays International's overall strategy we are positively investing in Private Bank& Overseas Services," a spokesman for Barclays said. Banks worldwide are pushing into private...

  • FRANKFURT, May 19- Germany could make it easier to hire and fire senior bankers in what would be a rare exception to its strict labour rules, an ally of Chancellor Angela Merkel said, as Frankfurt seeks to attract finance groups from London after Brexit. "I have discussed this with the German chancellor, Angela Merkel, and she is supportive, as is the finance ministry,"...

  • *U.S. shares rise 3.4 pct, UK stock up 1.7 pct. May 18- Successful late-stage data on Shire Plc's, long-acting preventative treatment for hereditary angioedema brings the Dublin- based drugmaker one step closer to U.S. approval, it said on Thursday. It affects about one in 50,000 people, according to the U.S. National Institutes of Health.

  • Why now is the right time for Irish Taoiseach Enda Kenny to resign

    Fine Gael Chairman Martin Heydon speaks about the political strategy behind Irish Prime Minister Enda Kenny's resignation.

  • Irish Prime Minister Enda Kenny

    Irish Prime Minister Enda Kenny resigned as leader of his Fine Gael party on Wednesday, kicking off a succession contest.

  • LONDON, May 16- The euro hit a six-month peak and German stocks touched a record high on Tuesday as signals on further European integration contrasted with political turmoil and fresh doubts about the economy in the United States. President Donald Trump disclosed highly classified information to Russia's foreign minister about a planned Islamic State...

  • DUBLIN _ Strongbridge Biopharma on Tuesday reported a loss of $29.5 million in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PARIS, May 16- Facebook has been fined 150,000 euros by France's data protection watchdog for failing to prevent its users' data being accessed by advertisers. Watchdog CNIL said its fine- which was imposed on both Facebook Inc and Facebook Ireland- was part of a wider European investigation also being carried out in Belgium, the Netherlands, Spain and Germany...

  • Billionaire investor Carl Icahn sold out of the pharmaceutical giant entirely, while Farallon Capital Management LLC, David Tepper's Appaloosa LP and Seth Klarman's Baupost Group LLC were among those trimming their stakes by as much as 32 percent, according to regulatory filings. Paulson& Co Inc and Leon Cooperman's Omega Advisors Inc also pulled back on the...

  • May 5- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial center. Financial services firms need a regulated subsidiary in an EU country to offer their products across the bloc, and this could lead...

  • LONDON— JPMorgan Chase has bought an office building in Ireland as it accelerates its contingency planning for moving jobs to the European Union once Britain leaves the trading bloc. Carin Bryans, senior country officer for JPMorgan in Ireland, says that the "new building gives us room to grow and some flexibility within the European Union."

  • DUBLIN, May 15- JPMorgan Chase has agreed to buy a Dublin building with room for 1,000 staff in the first sign of a financial services firm expanding significantly in Ireland since the government began a major campaign to attract firms in the wake of Brexit. Dublin, Frankfurt, Paris and Luxembourg are widely seen as the locations most likely to benefit as firms...