THE main banking stocks pulled the ISEQ index of Irish shares upwards yesterday, on the back of the announcement of the planned new “Basel III” capital rules for European banks, which are aimed at preventing another serious banking sector meltdown.

SPECIALIST IT services company Norkom Technologies has issued a profit warning for the first half of its current financial year.

More than €9m worth of new export deals were signed by Irish firms during a trade mission to Russia, it was confirmed today.

VENTURE capital specialist TVC Holdings – which yesterday announced a return to profitability – remains confident of selling off its non-core investments and realising its aim of building a portfolio of “four core platform investments”.

NORKOM Technologies has earmarked the US as its potential key region for future growth in the aftermath of seeing its pre-tax profits rise by over €2.5m and revenue jump by 3% in its last financial year.

Financial software company Norkom Technologies today posted a rise in profits for the year to end March.

THE Dublin-based anti- banking fraud software company Norkom Technologies has posted a year-on-year rise of 14% in first-half pre-tax profits and has said that it is well placed to increase market share in its core territories.

INVESTMENT company TVC Holdings is looking to exit a number of its smaller shareholdings within the next six to 12 months.

ORGANO Investments – one of the investment vehicles owned by Irish financiers Neill Hughes and Peter Crowley – has increased its stake in UTV Media, to more than 16%.

A STRONG performance from its operations in the Asia-Pacific region helped Norkom Technologies – the Dublin-headquartered specialist international software provider – increase profits and revenue in its latest financial year.

THE likes of clinical trials/medical devices company Icon, Kerry Group, Elan and FBD were steady fallers, as the Dublin market fell by just under 2% to 1,947.41 points yesterday.

DUBLIN Institute of Technology (DIT) is in talks with Egypt’s National Telecommunications Institute (NTI) with a view to establishing a centre of IT excellence there.

NORKOM Technologies is confident of ongoing profit growth, despite current global economic conditions, and has forecast a 20% increase in profits for its current full year, which runs until the end of March.

SHARES in UTV — the Belfast-based broadcast and media group — soared yesterday, after two high profile investments were made in the business.

IRISH financiers Neill Hughes and Peter Crowley have bought 6.3 million shares in UTV Media, giving them a 6.57% stake in the Belfast-based broadcasting company worth around £7.3 million (€9.18m).

Irish software executives are Down Under this week in a bid to download new business in the Australian and New Zealand markets.

NORKOM TECHNOLOGIES could seek an additional stock market listing as it continues its global expansion.

PROFITS at Norkom Technologies, a developer of software for banks to detect financial crime, were static at €1.6 million in the year to end March 2005.

SOFTWARE company Norkom Technologies, that counts Fran Rooney, Gavin O’Reilly and Denis O’Brien among it directors, laid off just over half its staff in 2003, according to recently filed accounts.

NORKOM Technologies, the Dublin-based customer relationship management software firm, saw its losses fall by 60% in 2002.

CRM provider, Norkom Technologies Ltd., has signed a deal with BT to implement a new European market intelligence programme using Norkom's customer intelligence solution Alchemist(tm).

Irish software company, Norkom Technologies is to partner with consultancy group, Cap Gemini Ernst &Young to market Norkom's money laundering technology, in the US.

Canadian Tire Financial Services (CTFS), a division of Canadian Tire Corporation, has partnered with Norkom Technologies Inc, specialists in business and customer analytics, to develop a Centre of Excellence facility in Toronto.

A new money laundering detection and prediction system has been unveiled by Cap Gemini Ernst & Young UK and Norkom Technologies.