A stockbroking firm being sued by a credit union over the way €5.3m was invested will not have to hand over reports of an Irish Stock Exchange investigation, the Court of Appeal has ruled.

Research by J&E Davy shows that there was a rise in household incomes last year up to the end of September.

A businessman claims Davy Stockbrokers was negligent in advising him to sell investment bonds for around €5.58m which he says was at a significant undervalue.

OF the $561 million IAWS is paying to acquire Otis Spunkmeyer, close to $196m is in acquired debt.