Opening Bell: Eir reports growth, the Dow passes 20,000, Westminster's Brexit bill

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Eir has released its results for the second half of 2016 - it reports underlying revenue and EBITDA growth for the quarter of 2% and 4% respectively.

These figures both increased by 2% during the six months.

Its operating costs reduced by €3m or 2% year-on-year during the final quarter.

The company says that it is on track to bring high speed broadband to 1.9 million premises by the end of 2018.

500,000 customers were using its fibre based high speed broadband service at the end of December - representing growth of 36,000 customers during the quarter


The Dow Jones industrial average closed above 20,000 for the first time ever last night.

This is a continuation of a rally which began after Donald Trump's election victory.

Investors believe that he will follow through on his plans to deregulate business while pursuing expansionary economic policies.

Boeing, Goldman Sachs and IBM recorded the biggest gains.


The parliamentary bill on leaving the EU that the British government was forced into drawing up will be presented later.

If passed it will give approval for triggering article 50, the official process for exiting.

It's expected the bill will be rushed through within weeks - despite attempts from a number of parties to make amendments.


Bus Éireann workers will discuss the future of the company with their unions today.

Staff have refused to enter talks with management while pay cuts are on the agenda.

But bosses have warned major cost cutting is needed to stem multi-million Euro losses.

Bus Eireann lost around €8m last year and yesterday CEO Ray Hernan said they weren't 'scaremongering' about the need for change.