TODAY'S PAPER
By Conor Keane, Business Editor - Thursday, May 17, 2012

One in three workers can expect a raise this year, two in three can expect a pay freeze, while 4% will endure pay cuts, a survey of employers indicates.
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By Geoff Percival - Thursday, May 17, 2012
Airtricity is set to boost its presence in the North by taking over the business of the region’s leading residential gas supplier Phoenix Supply.
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By Ed Carty - Thursday, May 17, 2012
Finance union leaders have called on Ulster Bank executives to publish the fine print on its plans for 950 redundancies after they agreed a new package of severance terms.
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By Geoff Percival - Thursday, May 17, 2012
Drinks group C&C has reported a 16% increase in full-year pre-tax profits, despite seeing core revenues in its Irish cider business fall by nearly 9%.
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By Vincent Ryan - Thursday, May 17, 2012
AIB has withdrawn staff from branches of IBRC where they were providing deposit account banking facilities to former Anglo Irish customers.
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By Shruti Date Singh, Bloomberg - Thursday, May 17, 2012
Deere & Co, the world’s largest maker of agricultural equipment, has raised its full-year earnings forecast and posted a fiscal second-quarter profit that topped analysts’ estimates after higher crop prices supported US farm incomes.
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By Joe Dermody - Thursday, May 17, 2012
IFA president John Bryan has called on the co-ops to hold May milk prices to protect dairy farmers, already hit by disastrous weather this month.
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By Reiji Murai, Reuters - Thursday, May 17, 2012
Apple plans to use a larger screen on its next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, according to sources.
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By Vincent Ryan - Thursday, May 17, 2012
Connemara Mining has completed an airborne search for gold deposits across five license areas in Wicklow and Wexford.
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By Vincent Ryan - Thursday, May 17, 2012
The euro crisis is giving a competitive edge to Irish exports as the value of the single currency falls against the pound and the dollar.
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By James Davey, Reuters - Thursday, May 17, 2012
Alliance Boots, owner of Europe’s biggest pharmacy chain, is looking to expand through partnership deals in Asia and Latin America, financed by its own cash flows, it said yesterday.
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Thursday, May 17, 2012
The ISEQ index fell 0.26 points yesterday, to close at 3,084.48, as investors continue to fret about eurozone political uncertainties and the outlook for global growth.
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By Gordon Deegan - Thursday, May 17, 2012
Revenues increased almost threefold to €22.89 million at Dublin Aerospace last year as the aircraft overhaul firm recorded a profit in only its second full year of operation.
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By Geoff Percival - Thursday, May 17, 2012
Tullow Oil has said it is on course to deliver further significant growth in 2012, having seen excellent progress in the year to date.
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