AIB Group Shares Partly Weighed Down by BlackRock Stake Cut -- Market Talk

Dow Jones

Mar 31, 2025

1140 GMT - The recent weakness in AIB Group's shares could partly be attributed to the stake reduction of one of its top shareholders, John Cronin, analyst and founder of SeaPoint Insights, says in a note to subscribers. BlackRock trimmed its holding in the Irish lender to 8.47% from 11.88% on Wednesday, according to regulatory filings. "While one can only speculate as to why BlackRock has been selling, there has been no noteworthy negative company-specific newsflow of late but, clearly, the Irish macro outlook is now in full focus," he writes. The market is struggling to figure out what game the U.S. is playing to reshore pharmaceutical companies and the economic damage this and potential tariffs could inflict on Ireland, Cronin notes. Shares shed 2.8%, extending month-to-date losses to almost 14%. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

March 31, 2025 07:41 ET (11:41 GMT)

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BlackRock trimmed its holding in the Irish lender to 8.47% from 11.88% on Wednesday, according to regulatory filings. \"While one can only speculate as to why BlackRock has been selling, there has been no noteworthy negative company-specific newsflow of late but, clearly, the Irish macro outlook is now in full focus,\" he writes. The market is struggling to figure out what game the U.S. is playing to reshore pharmaceutical companies and the economic damage this and potential tariffs could inflict on Ireland, Cronin notes. Shares shed 2.8%, extending month-to-date losses to almost 14%. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 31, 2025 07:41 ET (11:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AIB Group Shares Partly Weighed Down by BlackRock Stake Cut -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAIB Group Shares Partly Weighed Down by BlackRock Stake Cut -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-31 19:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1140 GMT - The recent weakness in AIB Group's shares could partly be attributed to the stake reduction of one of its top shareholders, John Cronin, analyst and founder of SeaPoint Insights, says in a note to subscribers. BlackRock trimmed its holding in the Irish lender to 8.47% from 11.88% on Wednesday, according to regulatory filings. \"While one can only speculate as to why BlackRock has been selling, there has been no noteworthy negative company-specific newsflow of late but, clearly, the Irish macro outlook is now in full focus,\" he writes. The market is struggling to figure out what game the U.S. is playing to reshore pharmaceutical companies and the economic damage this and potential tariffs could inflict on Ireland, Cronin notes. Shares shed 2.8%, extending month-to-date losses to almost 14%. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 31, 2025 07:41 ET (11:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1481011911.USD","symbol_name":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2523948249","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2523948249","pubTimestamp":1743421260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1140 GMT - The recent weakness in AIB Group's shares could partly be attributed to the stake reduction of one of its top shareholders, John Cronin, analyst and founder of SeaPoint Insights, says in a note to subscribers. BlackRock trimmed its holding in the Irish lender to 8.47% from 11.88% on Wednesday, according to regulatory filings. \"While one can only speculate as to why BlackRock has been selling, there has been no noteworthy negative company-specific newsflow of late but, clearly, the Irish macro outlook is now in full focus,\" he writes. The market is struggling to figure out what game the U.S. is playing to reshore pharmaceutical companies and the economic damage this and potential tariffs could inflict on Ireland, Cronin notes. Shares shed 2.8%, extending month-to-date losses to almost 14%. 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BlackRock trimmed its holding in the Irish lender to 8.47% from 11.88% on Wednesday, according to regulatory filings. \"While one can only speculate as to why BlackRock has been selling, there has been no noteworthy negative company-specific newsflow of late but, clearly, the Irish macro outlook is now in full focus,\" he writes. The market is struggling to figure out what game the U.S. is playing to reshore pharmaceutical companies and the economic damage this and potential tariffs could inflict on Ireland, Cronin notes. Shares shed 2.8%, extending month-to-date losses to almost 14%. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 31, 2025 07:41 ET (11:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}