Dublin: IFG Group is moving at a slower pace “than we would have expected” in reviewing takeover approaches, according to Edmund Truell, the main investor in Fiordland Investment, one of two potential bidders for the company.

IFG Group chief executive Mark Bourke said the financial services group’s full-year earnings per share should meet analysts’ estimates of between 18 cents and 20 cents.

RENEWED concern over the actual pace of recovery in the world’s economy hampered growth in international markets yesterday.

The IFG Group has reported €19.5m drop in revenue from 2007 in its preliminary results for last year to December 31, 2008.

TENS of thousands of home owners will pay up to €3,000 too much this year for their mortgage, it was claimed yesterday.

IFG Group has announced that Gary Owens who was appointed chief executive officer of IFG Ireland in July 2007, has been co-opted as an executive director of the Company, effective immediately.

A MULTI-million euro Cork-based employee share scheme company will create up to 50 jobs in Clonakilty over the next two years following the announcement it has secured $3.25m (€2.3m) in funding.

The ISEQ Index fell 3.51 points yesterday to 9,699.53.

A REPORT published yesterday on the International Sport Horse Show (ISHS) at Punchestown for the years 2002-2004 gives a rare insight into the running of a major equestrian event.

THE ISEQ index was slightly higher yesterday. The Dublin Exchange firmed 16.32 points, closing at 7,798.15.

Shares in Dublin fell for the first day in three as investors capitalised on recent gains. At the closing bell the ISEQ index had fallen 62.50 points to 7422.96.

A MAJOR shake-up of the Irish pensions market is promised with the launch of a new product which has already caused a stir in New Zealand and Australia.

FINANCIAL services firm IFG Group has paid out €10 million for a subsidiary of the Bank of Scotland.

ONE in five of all residential and commercial transactions are delayed for months as a result of problems with the property’s title according to First American, the title insurance subsidiary of the IFG Group.

FINANCIAL services provider IFG Group’s shares are rated a buy by stockbrokers Dolmen and NCB in advance of the company’s 2004 interim results next Monday.

MORTGAGE refinancing will be the next big thing in the Irish financial services market, according to a leading player in the sector.

THE Irish market followed the upward trend set by the major European bourses with the ISEQ index ending the session 11.93 points higher at 5308.58.

A SUBSIDIARY of the financial services group IFG has been fined close to €250,000 in Britain for serious failings in the advice it gave to clients cashing in their pension early.

IFG Group has sold 50% of its mortgage business to GE Capital for €13.3m.

THE ISEQ index edged higher for a second day in succession, gaining 6.50 points to 4548.59.

The ISEQ index of shares climbed back above the 4,000 level, gaining 20.39 points to 4003.53.

The ISEQ index rose for the second consecutive day to close at 4376.40, a gain of 35.03 points.

THE ISEQ index gained 27.50 points yesterday to close at 4246.77.

IT was another quiet day on the Irish market yesterday, with the index creeping 22.96 points higher to 4078.88.

THE ISEQ closed 94.24 points lower at 3748.66 yesterday. News of a preliminary takeover approach to Abbey National

SHARES in Dublin followed European markets higher yesterday, closing 63.25 points stronger at 3926.35.

THE Irish Index of shares recovered 24.58 points yesterday, to close at 3863.1.

The ISEQ Index closed 133.15 points lower yesterday at 4156.68.

THE Irish Index of shares followed the global indices as it fell 64.28 points to 4205.08. Yet again the financials took the brunt of the fall as the financial market slipped 167.92 points lower to 8337.45.

THE ISEQ continued to climb yesterday, rising 67.49 points higher to close at 4355.68.

THE Dublin market closed 39.14 points higher yesterday, at 4189.75.

THE Dublin market closed 37.69 points lower yesterday, at 4150.61.

THE ISEQ index mirrored falls in the London market

THE ISEQ index slipped back 7.42 points to 4478.72 yesterday.

THE ISEQ index of Irish shares dropped 40.94 points to end the day at 4,447.14 yesterday.

THE Irish market put on a strong performance yesterday pushing the ISEQ index up 101.39 points to 4404.81.

SHARES in Dublin rebounded from their lowest level in nearly four years with an 89.03 point gain to 4042.51.

THE ISEQ index reached another 52-week low yesterday, slipping 103.88 points lower to 4105.03.

THE ISEQ index followed the continuing global trend slipping 42.75 points lower to 4348.6.

YESTERDAY the ISEQ index improved on Wednesday gains as it rose 15.62 points to 4391.35.

THE Irish market fell 84.53 points lower yesterday to 4343.33 as world equity markets continued to fall.

THE ISEQ index opened the week by falling 28.12 points to 4486.94.