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Sunday 2 April 2023 Dublin: 6°C

# Shares

Last year
2022
# Tesla
Elon Musk sells nearly $7 billion worth of Tesla shares, legal filings show
Musk and Twitter are in a legal battle over his effort to walk away from the April agreement to buy the company.
# are you still watching
Netflix shares plunge as subscribers drop for first time in a decade
The company blamed the quarter-over-quarter erosion to suspension of its service in Russia due to Moscow’s invasion of Ukraine.
# New York
Lawsuit accuses Elon Musk of breaking law while buying Twitter stock
The complainant has accused Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5%.
# Twitter
Elon Musk buys 9.2% stake in Twitter
Musk purchased approximately 73.5 million shares, according to a regulatory filing.
All time
# divestment
Courts Service of Ireland reduces shares in Big Tobacco, but still holds €4.5m worth in stocks
Critics state the Courts Services continued investment in the tobacco industry flies in the face of the government’s Tobacco Free Ireland vision.
# media merger
Walt Disney Company makes deal to buy 21st Century Fox for €44.3 billion
21st Century Fox’s television stations and Fox News channel will be spun off before the sale.
# stocks and shares
Donohoe defends his share-holdings in drinks company Diageo
Three ministers were asked about their share-holdings during a press conference today.
# float on
The government confirms it sold around 28.75% of AIB for €3.4 billion
Paschal Donohoe did not rule out returning to Cabinet to receive backing to sell further stakes in AIB if the opportunity arises.
# Shares
Government to sell off a 25% stake in AIB
AIB shares will be listed on the Irish Stock Exchange and on the London Stock Exchange.
# not binding
'Contempt for Dáil Éireann': Government still plans to sell AIB shares despite vote against it
The Government yesterday forgot to vote against a motion delaying the sale.
# Going Down
Snapchat shares plunge as it posts losses of over €2 billion
Snap disappointed analysts with reported revenue of $149.6 (€138) million in the three months ending in March.
# Snap Happy
Snapchat's parent company is now valued at €32 billion
Wait, what?
# Fighter Planes
Market value of US military contractor drops by €1.8bn after Trump tweet
The President-elect said he will cut “billions” in costs for military purchases.
# problems
The New York Stock Exchange has stopped trading, and no-one is certain why...
The Stock Exchange has been quick to rule out any kind of cyber breach.
# business boys
These are the international (and Irish) Mark Zuckerbergs you need to know about
Get inspired by these guys.
# fundraiser
Sony wants to raise €3.2 billion so your phone can take better pictures
The company hopes to return to long-term profit by boosting its production on image sensors for smartphone and digital cameras.
# follow the money
David McWilliams' media company is doing very nicely, thanks
The economist’s Iconic Media Ltd. posted accumulated profits of €630,000 for 2014
# Lovin' it
The CEO of McDonald's has resigned after coming under severe pressure
Shares jumped after he stepped down. Ouch.
# Takeover
It looks like IAG really wants to get their hands on Aer Lingus
Reports today suggest that company has tabled ANOTHER offer for the airline.
# Silicon Valley
Twitter share drop: It may be evolving, but not fast enough and nothing like Facebook
Analysts say investors want to see more rapid change at the social network.
# Restructuring
Troubled Malaysia Airlines shares suspended as it prepares to go private
The airline lost 443m ringgit in the first quarter of this year.
# Cashing Out
Wilbur Ross has made €477 million from his Bank of Ireland share sale
The market is taking the move in its stride, experts said.
# Shares
Billionaire Wilbur Ross to sell his stake in Bank of Ireland
The US investor owns 5.54 per cent of the bank’s shares.
# Happy Days
Man Utd shares jump 6% after manager Moyes booted
Shares of the popular British football team, traded on the New York Stock Exchange, leaped in opening trade and rose to $19.18.
# Anglo Trial
Anglo jury continue deliberations on charges against Willie McAteer and Pat Whelan today
Yesterday, former CEO and Chairman of Anglo Irish Bank Sean FitzPatrick was found not guilty on all charges.
# This Week
Regrets, friends and the Dubai connection: 6 things we heard at the Anglo trial
A look back at seven days of evidence at the Criminal Courts of Justice.
# need to know
The three little letters at the centre of the Anglo trial
Warren Buffett described them as ‘weapons of mass destruction’, but what exactly are they?
# Stocks
Apple buys back $14 billion of its own shares in two weeks
The company has bought back more than $40 billion of its shares over the past twelve months and expects to buy back an additional $20 billion.
# fail whale
Twitter loses $511 million in one quarter
The social media company’s shares also dropped more than 13 per cent.
# In hot water
Facebook and banks face lawsuit over misleading investors
The company and numerous banks have been accused of selectively disclosing parts of its revenue outlook before its IPO in May 2012.
# Your Say
Poll: Would you like to buy Twitter shares?
What do you think of the move? Would you like to be a part of it?
# Twitter
Twitter hikes IPO amount to $1.61 billion
The company said it would sell 70 million shares in a price range between $17 and $20 a share.
# Shares
Central Bank: Short sale selling not banned for AIB shares
The bank made the comment as Aillied Irish Banks’ stock price rocketed and it became a hugely valuable bank in Europe.
# Aviation
Ryanair issues profit warning, sees €1 billion wiped off share value
The company says that it “cannot guarantee” that profits won’t fall below the €570 million mark this year.
# Groupon
Groupon shares plunge to lowest level yet
The online deals giant went public a year ago. It reported a loss yesterday of $3 million.
# Apple
Apple raises App Store prices as iPad profits miss targets
Apple CEO Tim Cook said the company remains confident entering the holiday season.
# idle tweets
Time not ripe for Twitter IPO
CEO Dick Costolo ruled out an imminent initial public offering or sale of the social networking site.
# samsung
Samsung shares tumble after court judgement
The company’s shares dropped by 7.5 per cent after a California jury said it had infringed on Apple patents.
# rejection
"Reject Ryanair": Aer Lingus in third recommendation to shareholders
Airline’s board is extremely clear on where it stands on the takeover bid.
# Cash Splash
Billionaire George Soros invests in Man United
Soros’s stake of 3.1 million Class A shares is worth 1.9% of the Premier League giants.