×

Europe Top News and Analysis Ireland

  • LONDON— The European Union's chief Brexit negotiator reassured Ireland on Thursday that the bloc will fight to ensure there is no return to a hard border with Northern Ireland after the U.K. leaves the EU. Ireland is the only EU country that shares a land border with the U.K., which plans to leave the EU single market and customs union once it quits the bloc.

  • BERLIN, May 11- Germany's federal cyber agency said on Thursday that Yahoo Inc had not cooperated with its investigation into a series of hacks that compromised more than one billion of the U.S. company's email users between 2013 and 2016.. Yahoo's Dublin- based Europe, Middle East and Africa unit "refused to give the BSI any information and referred all questions...

  • Michel Barnier during a news conference after a meeting of EU finance ministers at the European Council headquarters in Brussels, Belgium.

    The EU’s chief Brexit negotiator Michel Barnier has said that securing Ireland’s interests and avoiding a hard border between with the U.K. will be at the forefront of upcoming talks.

  • May 9- Botox-maker Allergan Plc posted a first-quarter loss on Tuesday as it took a nearly $2 billion write-down on the value of its stake in Teva Pharmaceutical Industries, which has lost more than 40 percent of its value since last year. Allergan sold its generics business Actavis to Teva in August 2016 for $33 billion in cash and 100 million shares of the...

  • *Q1 adj. profit $1.23/ shr vs est $1.10/ shr. May 9- Endo International Plc reported a higher-than-expected quarterly adjusted profit, driven by strong demand for its newly launched generic drugs, sending its shares up more than 16 percent. Endo said total U.S. sales of generic drugs increased about 24 percent to $722 million in the first quarter ended March 31,...

  • *Raises revenue forecast to $15.8 bln- $16 bln. *Q1 EPS of $3.35 beats est. by 5 cents. Excluding items, Allergan earned $3.35 per share, beating the average analyst estimate by 5 cents, according to Thomson Reuters I/B/E/S.

  • *Q1 adj. profit $1.23/ shr vs est $1.10/ shr. *Total sales up about 8 pct, topping estimates. May 9- Endo International Plc reported an adjusted quarterly profit that topped analysts' estimates as strong demand for the company's newly launched generic drugs offset declining sales of older generics.

  • Excluding items, Dublin- based Allergan earned $3.35 per share, helped by sales of its newer medicines and key products, including Botox. The company raised its net revenue forecast to $15.8 billion- $16 billion, from $15.5 billion- $15.8 billion. Net loss attributable to ordinary shareholders was $2.63 billion, or $7.86 per share, in the first quarter ended March...

  • May 9- Botox-maker Allergan Plc reported a 5.1 percent rise in quarterly revenue on Tuesday, as sales of its newer medicines helped offset declines in its older drugs. Net loss attributable to ordinary shareholders was $2.63 billion, or $7.86 per share, in the first quarter, compared with a profit of $186.1 million, or 47 cents per share, a year earlier.

  • However, the drugmaker's net loss attributable to shareholders widened to $173.8 million, or 78 cents per share, in the first quarter ended March 31 from $133.9 million, or 60 cents per share, a year earlier. Excluding items such as an impairment charge of $204 million, Endo earned $1.23 per share, well above the average analysts' estimate of $1.10 per share,...

  • The company's total first-quarter quarter revenue fell roughly 8 percent to about $221 million, missing analyst average estimates of $248 million, according to Thomson Reuters I/B/E/S. Its adjusted profit of 21 cents per share also missed analysts' expectations of 23 cents. Horizon Pharma also cut its full-year 2017 revenue forecast to $1.00- $1.04 billion...

  • *Goldman Sachs CEO says London growth could stall. LONDON, May 8- The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape. Thirteen major banks including Goldman Sachs, UBS, and Citigroup have given an indication of...

  • LONDON/ PARIS, May 8- Emmanuel Macron's victory in the French presidential election and his plans to swiftly implement structural reforms is a boon for Paris in its efforts to attract banks and other financial service companies seeking to move operations out of Britain, the head of lobbying group Paris Europlace said on Monday. Britain's decision to leave the...

  • LONDON/ PARIS, May 8- Emmanuel Macron's victory in the French presidential election and his plans to swiftly implement structural reforms is a boon for Paris in its efforts to attract banks and other financial service companies seeking to move operations out of Britain, the head of lobbying group Paris Europlace said on Monday. Britain's decision to leave the...

  • May 3- 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 centre. Financial services firms need a regulated subsidiary in an EU country to offer their products across the bloc, and this could lead...

  • DUBLIN, May 3- Paddy Power Betfair said it was cautious on revenue growth in its main European market due to a "pretty extreme" level of competition, even as it almost doubled earnings across the group in the first quarter. Competition has intensified among gambling firms seeking to offset higher taxes and tighter regulation with increased revenues, leading to a...

  • An employee works on the assembly line installing parts on the Duratech 35 V6 engine at the Ford Motor Co. Engine Plant in Lima, Ohio.

    Companies shifting their profits overseas are making official statistics less reliable, according to a study.

  • 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,...

  • 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...