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#Losses

# losses - Thursday 17 December, 2020

'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach
# Revenue
# Revenue

'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach

Dec 17th 2020, 6:15 AM 34,872 Views 14 Comments

Those that fell short of their 25% loss estimation are being asked by Revenue to repay the wage subsidy.

# losses - Thursday 21 May, 2020

Woodward vows to 'weather these challenges' as Man United record losses for 2020
# Money Matters
From The42
# Money Matters

Woodward vows to 'weather these challenges' as Man United record losses for 2020

May 21st 2020, 1:35 PM 6,110 Views 12 Comments

The executive vice-chairman revealed that an estimated £20m is due back to broadcasters.

# losses - Tuesday 7 April, 2020

Covid-19 pandemic could cost Premier League at least £1 billion
# Losses
From The42
# Losses

Covid-19 pandemic could cost Premier League at least £1 billion

Apr 7th 2020, 7:47 PM 3,213 Views 8 Comments

The estimate was set out in a letter from chief executive Richard Masters.

# losses - Tuesday 10 March, 2020

Crisis for Mayo Ladies as 10 executive members step down from county board - report
# Losses
From The42
# Losses

Crisis for Mayo Ladies as 10 executive members step down from county board - report

Mar 10th 2020, 10:34 PM 12,666 Views 6 Comments

An email has been circulated to all clubs saying the departed members have requested an “emergency general meeting.”

# losses - Thursday 24 January, 2019

Coca-Cola set to lay off part of its workforce in Drogheda
# Southgate
# Southgate

Coca-Cola set to lay off part of its workforce in Drogheda

Jan 24th 2019, 3:11 PM 23,716 Views 30 Comments

Around 200 people are employed at the location at Southgate just off the M1.

# losses - Wednesday 27 September, 2017

Twitter is doubling its character count in a bid to boost growth
# 280 Characters
# 280 Characters

Twitter is doubling its character count in a bid to boost growth

Sep 27th 2017, 7:26 AM 6,810 Views 29 Comments

The company, which has never turned a profit, is trying out 280-character tweets in a bid to increase its engagement with users.

# losses - Thursday 11 May, 2017

Snapchat shares plunge as it posts losses of over €2 billion
# Going Down
# Going Down

Snapchat shares plunge as it posts losses of over €2 billion

May 11th 2017, 7:18 AM 19,165 Views 30 Comments

Snap disappointed analysts with reported revenue of $149.6 (€138) million in the three months ending in March.

# losses - Friday 10 February, 2017

Irish gamblers are the third biggest losers in the world
# Nosedive
# Nosedive

Irish gamblers are the third biggest losers in the world

Feb 10th 2017, 4:51 PM 23,032 Views 39 Comments

Online gambling is the biggest source of the losses.

# losses - Thursday 1 December, 2016

Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised
# Acquisition
# Acquisition

Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised

Dec 1st 2016, 1:08 PM 19,109 Views 39 Comments

UTV Ireland currently employs 61 permanent staff.

# losses - Wednesday 25 May, 2016

High Court appoints examiner to Debenhams chain
# Losses
# Losses

High Court appoints examiner to Debenhams chain

May 25th 2016, 4:36 PM 18,655 Views 7 Comments

Over 1,400 staff are directly employed while 500 concession staff and 300 cosmetics staff also work in the company’s 11 stores.

# losses - Tuesday 22 March, 2016

Regency Hotel, site of murder of David Byrne, has suffered "immense loss of business", High Court hears
# Reputational Damage
# Reputational Damage

Regency Hotel, site of murder of David Byrne, has suffered "immense loss of business", High Court hears

Mar 22nd 2016, 2:22 PM 28,376 Views 6 Comments

The hotel is in the High Court seeking an indemnity from its insurer on the back of the shootings in February.

# losses - Thursday 19 March, 2015

The company that created smartphone sensation Angry Birds is in freefall
# Sick Birdies
# Sick Birdies

The company that created smartphone sensation Angry Birds is in freefall

Mar 19th 2015, 10:45 AM 20,054 Views 26 Comments

Finnish developers Rovio are pinning their hopes on the birds’ movie debut, due next year.

# losses - Monday 9 March, 2015

Down, down, down - McDonald's sales continue to spiral
# Hatin' It
# Hatin' It

Down, down, down - McDonald's sales continue to spiral

Mar 9th 2015, 4:45 PM 27,728 Views 40 Comments

New CEO Steve Easterbrook faces an uphill challenge to recast as a ‘modern, progressive burger company’

# losses - Sunday 13 July, 2014

Enterprise Ireland investment losses more than quadruple to €16.8 million
# Start Ups
# Start Ups

Enterprise Ireland investment losses more than quadruple to €16.8 million

Jul 13th 2014, 8:00 AM 9,508 Views 15 Comments

It may have been a record year for the agency, but many investments seem not to have gone to plan.

# losses - Friday 27 June, 2014

Losses mount at O'Reilly's Providence Resources
# Gas Man
# Gas Man

Losses mount at O'Reilly's Providence Resources

Jun 27th 2014, 5:20 PM 10,372 Views 22 Comments

The company blamed increased losses on administration expenses.

# losses - Tuesday 20 May, 2014

Fine Gael and Labour face support fallout, as polls show a boost for Sinn Féin
# Cruising For A Bruising
# Cruising For A Bruising

Fine Gael and Labour face support fallout, as polls show a boost for Sinn Féin

May 20th 2014, 7:47 AM 7,806 Views 143 Comments

This poll shows a significant drop in support for the coalition parties in comparison to the 2009 election.

# losses - Wednesday 14 May, 2014

Strong PS4 and smartphone sales not enough to keep Sony out of the red
# Restructuring
# Restructuring

Strong PS4 and smartphone sales not enough to keep Sony out of the red

May 14th 2014, 9:25 AM 5,141 Views 8 Comments

The company lost €916 million during its fiscal year to March, and expects to lose €356 million net loss over the next twelve months.

# losses - Wednesday 5 March, 2014

AIB lost €1.7 billion last year, but that's much better than the previous year
# Money Money Money
# Money Money Money

AIB lost €1.7 billion last year, but that's much better than the previous year

Mar 5th 2014, 7:41 AM 7,157 Views 53 Comments

The bank says that it thinks it will return to profitability by next year.

# losses - Monday 3 March, 2014

"Profitable and generating capital": BoI losses narrow, mortgage arrears still 'key priority'
# Profit And Loss
# Profit And Loss

"Profitable and generating capital": BoI losses narrow, mortgage arrears still 'key priority'

Mar 3rd 2014, 9:30 AM 6,988 Views 25 Comments

Bank of Ireland has released its results for 2013. Richie Boucher says the institution made “further substantial progress” last year.

# losses - Thursday 29 August, 2013

Over 15 per cent of Permanent TSB's home loan customers are in arrears
# Permanent TSB
# Permanent TSB

Over 15 per cent of Permanent TSB's home loan customers are in arrears

Aug 29th 2013, 11:58 AM 4,126 Views 21 Comments

Pre-tax losses for the bank have fallen from €587 million in the first half of 2012 to €131 million in the first six months of this year.

# losses - Saturday 30 March, 2013

Bank of Cyprus customers could lose up to 60 per cent of savings
# Cyprus
# Cyprus

Bank of Cyprus customers could lose up to 60 per cent of savings

Mar 30th 2013, 5:33 PM 9,578 Views 104 Comments

Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.

# losses - Thursday 28 February, 2013

Ulster Bank parent company lost nearly €6bn in 2012
# Ulster Bank
# Ulster Bank

Ulster Bank parent company lost nearly €6bn in 2012

Feb 28th 2013, 10:00 AM 2,801 Views 3 Comments

Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.

# losses - Tuesday 29 January, 2013

200 jobs to go at EBS Building Society
# Cuts
# Cuts

200 jobs to go at EBS Building Society

Jan 29th 2013, 8:52 PM 9,096 Views 29 Comments

Staff are to hold a meeting to discuss the possibility of industrial action after being informed of the cuts.

# losses - Friday 14 December, 2012

Bus Eireann to cut some payments after unions reject Labour Court hearing
# Bus Eireann
# Bus Eireann

Bus Eireann to cut some payments after unions reject Labour Court hearing

Dec 14th 2012, 2:19 PM 4,535 Views 28 Comments

The company has said that it is to cut overtime, shift, premium and rota payments after trade unions rejected the offer, it said today.

# losses - Friday 10 August, 2012

Bank of Ireland reports half-year loss of €1.25 billion
# Bank Of Ireland
# Bank Of Ireland

Bank of Ireland reports half-year loss of €1.25 billion

Aug 10th 2012, 8:54 AM 3,079 Views 13 Comments

Bank CEO says H1 2012 has been a difficult environment to operate in, given ongoing eurozone difficulties and challenges to the Irish economy.

# losses - Monday 14 May, 2012

One of Wall Street's most powerful women retires after $2 billion trading loss
# JP Morgan
# JP Morgan

One of Wall Street's most powerful women retires after $2 billion trading loss

May 14th 2012, 3:15 PM 4,504 Views 8 Comments

Ina Drew had been with JP Morgan for more than 30 years.

# losses - Saturday 12 May, 2012

Explainer: How can JP Morgan lose $2bn in less than six weeks?
# Banking
# Banking

Explainer: How can JP Morgan lose $2bn in less than six weeks?

May 12th 2012, 4:05 PM 5,030 Views 20 Comments

There has been some alarm and many questions as to how America’s biggest bank lost so much money.

# losses - Friday 4 May, 2012

BMI Baby to end some flights to Ireland West Airport
# Don't Fly With Us
# Don't Fly With Us

BMI Baby to end some flights to Ireland West Airport

May 4th 2012, 1:11 PM 2,233 Views 7 Comments

The airline is to cease flights between the former Knock Airport and Birmingham from June.

# losses - Monday 2 April, 2012

Permanent TSB reports losses of €424million
# Permanent TSB
# Permanent TSB

Permanent TSB reports losses of €424million

Apr 2nd 2012, 8:38 AM 2,564 Views 21 Comments

The bank warned of a “significant deterioration” in the number of borrowers in arrears.

# losses - Friday 30 March, 2012

AIB reports losses of €2.3 billion for last year
# AIB
# AIB

AIB reports losses of €2.3 billion for last year

Mar 30th 2012, 9:19 AM 2,007 Views 27 Comments

The bank’s annual financial report has been released this morning, revealing a growing number of bad mortgage debts.

# losses - Friday 24 February, 2012

Lloyds Bank reports losses of £3.5bn for 2011
# Lloyds Bank
# Lloyds Bank

Lloyds Bank reports losses of £3.5bn for 2011

Feb 24th 2012, 8:40 AM 708 Views 2 Comments

The banking group was forced to set aside £3.2 billion to cover compensation claims after mis-selling insurance products to customers in 2011.

# losses - Wednesday 4 January, 2012

Natural disasters mean most expensive year ever for insurance damages
# Earthquakes
# Earthquakes

Natural disasters mean most expensive year ever for insurance damages

Jan 4th 2012, 12:06 PM 1,554 Views 2 Comments

Earthquakes in Japan and New Zealand contributed to almost €300billion in overall economic losses from natural disasters.

# losses - Tuesday 1 November, 2011

Column: Confused about what will happen to the euro? Everyone is.
# Opinion
# Opinion

Column: Confused about what will happen to the euro? Everyone is.

Nov 1st 2011, 8:30 PM 13 Views 24 Comments

Former trader Nick Leeson speaks to those working at the heart of financial markets and finds that uncertainty and confusion is thwarting a move forward.

# losses - Friday 26 August, 2011

Anglo Irish Bank reports half yearly losses of over €100 million
# Anglo
# Anglo

Anglo Irish Bank reports half yearly losses of over €100 million

Aug 26th 2011, 1:50 PM 293 Views 2 Comments

An improvement on last year, when interim losses were €8.2 billion, the worst in Irish corporate history.

# losses - Thursday 25 August, 2011

Gold falls below US$1,800 as rush ends
# Gold
# Gold

Gold falls below US$1,800 as rush ends

Aug 25th 2011, 9:10 AM 371 Views 2 Comments

It looks like gold’s bull run could be at an end with the yellow metal plunging in Wednesday’s trading.

# losses - Wednesday 10 August, 2011

BoI signals eventual increase in mortgage interest rates
# Mortgages
# Mortgages

BoI signals eventual increase in mortgage interest rates

Aug 10th 2011, 5:25 PM 255 Views 3 Comments

Richie Boucher says his bank can’t keep absorbing ECB hikes – and that it’ll have to pass on any future increases.

Early morning gains pared in European markets
# Markets
# Markets

Early morning gains pared in European markets

Aug 10th 2011, 10:33 AM 178 Views 0 Comments

Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.

Bank of Ireland losses narrow to €723m
# Bad Loans
# Bad Loans

Bank of Ireland losses narrow to €723m

Aug 10th 2011, 9:35 AM 396 Views 2 Comments

So far in 2011, Ireland’s only domestic lender outside State control has almost halved its pre-tax losses.

# losses - Monday 8 August, 2011

Nick Leeson - who brought down Barings Bank - apologises to boss
# Apology
# Apology

Nick Leeson - who brought down Barings Bank - apologises to boss

Aug 8th 2011, 10:27 PM 2,747 Views 3 Comments

The infamous ‘rogue trader’ has come face to face with his former boss for the first time since the bank’s crash in 1995.

# losses - Thursday 4 August, 2011

Irish losses impact on Lloyds bank as it posts massive losses
# Lloyds
# Lloyds

Irish losses impact on Lloyds bank as it posts massive losses

Aug 4th 2011, 1:10 PM 445 Views 0 Comments

The losses are mainly as a result of the mis-selling of payment protection insurance in the UK but its exposure to the Irish property market hasn’t helped either

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