THE board of Greencore was condemned yesterday for the high salaries being paid to top executives and for its failure to deliver on the share price, which has fallen to €1.14 following the collapse of the proposed merger with Northern Foods.

DESPITE lacklustre performances across the markets yesterday the ISEQ 100 Index managed to stay in positive territory ending its first February session up a modest fraction at 0.2%.

THE banks and construction sector took a further hammering yesterday as the global construction downturn undermined confidence in building companies and banking shares.

TOUGHER credit conditions and falling consumer confidence resulted in a sharp dip in Irish housing completions for McInerney Properties, the group said in a trading update for last year.