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Europe Top News and Analysis Ireland

  • Feb 13- Allergan Plc on Monday said it would buy Zeltiq Aesthetics Inc for about $2.48 billion to gain access to its flagship body contouring technology. Dublin- based Allergan, led by its acquisitive Chief Executive Brent Saunders, has orchestrated a flurry of deals since its $160 billion merger with Pfizer Inc collapsed in April. Zeltiq's body contouring...

  • Feb 8- Allergan Plc Chief Executive Brent Saunders said on Wednesday he does not anticipate U.S. tax reforms this year and that a border-adjustment tax could have a detrimental impact on the Dublin- based drugmaker. House Speaker Paul Ryan said last week that U.S. House Republicans are unlikely to begin tackling tax reform legislation until the summer, focusing...

  • The company's revenue rose 7 percent to $3.86 billion in the fourth-quarter ended Dec. 31, beating the average estimate of $3.77 billion, according to Thomson Reuters I/B/E/S. Net loss attributable to ordinary shareholders narrowed to $70.2 million, or 20 cents per share, in the fourth-quarter ended Dec. 31, from $700.5 million, or $1.78 per share, a year earlier.

  • Feb 8- Allergan Plc reported a 7 percent rise in quarterly revenue, as demand for its facial aesthetic therapies, including Botox, as well as eye treatments and constipation medicine Linzess more than made up for declining sales of older drugs. Net loss attributable to ordinary shareholders narrowed to $70.2 million, or 20 cents per share, in the fourth-quarter...

  • Feb 7- Perrigo Co Plc struck a deal on Tuesday with Starboard Value LP, agreeing to add three directors to the drugmaker's board as the activist hedge fund ramps up pressure on the company. Starboard's CEO and founder Jeffrey Smith, Advent International partner Bradley Alford and Lux Capital partner Jeffrey Kindler were appointed to the board on Tuesday.

  • Feb 7- Perrigo Co Plc said it has entered an agreement with Starboard Value LP, which owns about 6.7 percent of Perrigo's shares, regarding the membership and composition of the drugmaker's board. Starboard's CEO Jeffrey Smith, Bradley Alford and Jeffrey Kindler have been appointed to the board of the drugmaker. Perrigo's announcement comes nearly five months...

  • *Paris, Frankfurt seek to lure bankers from London. More than 80 representatives from banks and business met with authorities from Paris who are highlighting the attractions of the French capital if Britain's exit from the European Union forces the relocation of some activities to continental Europe. And Brexit has opened up "fierce competition" among the...

  • Feb 4- A U.S. judge has ordered Google to comply with search warrants seeking customer emails stored outside the United States, diverging from a federal appeals court that reached the opposite conclusion in a similar case involving Microsoft Corp.. Magistrate Judge Thomas Rueter in Philadelphia ruled on Friday that transferring emails from a foreign server...

  • Brexit to bring about more regulatory hurdles: Former Irish PM

    John Bruton, former prime minister of Ireland, says that businesses will now have to adhere to both British and European standards when exporting.

  • MOSCOW- Central Bank of Russia interest rate decision. WARSAW- National Bank of Poland monetary policy council meeting. BUDAPEST- Hungarian Central Bank non-rate-setting meeting.

  • DUBLIN, Feb 2- The European Commission's estimate that Apple owes Ireland up to 13 billion euros in a disputed tax ruling is unlikely to be altered greatly by Dublin's calculations, the Irish finance minister said on Thursday. The Commission ordered Apple to pay Ireland the unpaid taxes after ruling in August that the iPhone maker won sweetheart tax deals from...

  • *How rival cities compare to London: http://tmsnrt.rs/2ey4wqb. LONDON/ FRANKFURT Feb 1- Regulators in European countries competing for post-Brexit banking business are offering London- based banks a range of short-term workarounds to help them relocate, bankers, regulators and lawyers say. Global banks have warned they might have to move their European...

  • LJUBLJANA- European Central Bank President Mario Draghi to give a speech at the joint ECB/ Bank of Slovenia conference on the 10th anniversary of the adoption of the euro- 1215 GMT. PRAGUE- Czech National Bank monetary policy meeting, after which a statement and a presentation will be published. WARSAW- National Bank of Poland monetary policy council meeting.

  • Feb 1- Johnson Controls International Plc's quarterly organic sales growth fell short of its estimate, hurt by weakness in its biggest business, and the multi-industry U.S. manufacturer forecast current-quarter earnings below Wall Street expectations. Johnson Controls forecast second-quarter earnings per share of 48- 50 cents, below the average analyst...

  • *How rival cities compare to London: http://tmsnrt.rs/2ey4wqb. LONDON/ FRANKFURT Feb 1- Regulators in European countries competing for post-Brexit banking business are offering London- based banks a range of short-term workarounds to help them relocate, bankers, regulators and lawyers say. Global banks have warned they might have to move their European...

  • Cork, Ireland- based Johnson Controls said sales in the power solutions business, which makes automotive batteries, rose 9.2 percent to $1.90 billion, in the first quarter ended Dec. 31. This was Johnson Controls' first full quarter of results after completing the acquisition of fire protection and security company Tyco International Plc in September.

  • LONDON, Jan 31- Some British-based financial services firms have already decided to relocate at least part of their operations to Ireland, and others are expected to follow in the first half of this year, Ireland's minister for the sector said on Tuesday. Irish central bank governor Philip Lane said he expected economic ties between Britain and Ireland would...

  • LONDON, Jan 31- Some British-based financial services firms have already decided to relocate at least part of their operations to Ireland, and others are expected to follow suit in the first half of this year, Ireland's financial services minister said on Tuesday. Speaking at an event hosted by the London Irish Business Society, Eoghan Murphy said the clear...

  • Apple misses deadline to pay Ireland $13.9B

    The tech giant has yet to fully paid the $13.9 billion it owes to Ireland in illegal tax benefits.

  • Margrethe Vestager, the European Commissioner for Competition, reacts to the political surprises of 2016.