IRLBF---BKIR TRADING IN OTC IN NEW YORK (fka )

[mlkrborn]

This must be the reason for temporary pull bak: BKIR 0.16s in europe today: GSUX downgrade:
http://www.businesspost.ie/#!story/Home/News/Bank+of+Ireland+falls+after+Goldman+cuts+rating/id/19410615-5218-51b6-011a-e11169383605
Bank of Ireland continues to face operating headwinds, Goldman analysts said.
Bank of Ireland fell the most in more than two months in Dublin trading after Goldman Sachs Group cut its rating on the company’s stock to sell from neutral.
Bank of Ireland fell as much as 5 per cent to 17 cents in Dublin, the biggest intra-day decline since March 27th. Trading volume in the stock was 46 per cent of the average for the past three months at about 44.4 million shares.
In a note published today, Goldman Sachs said that the bank’s discount compared to European peers has closed this year and is now trading at 1 times estimated tangible book value, up from 0.6 times at the start of 2013.
“Despite better prospects for the Irish economy and progress on restructuring, the bank continues to face operating headwinds,” Goldman analysts said, adding it expects the bank only to reach break-even next year.
(reporting from Bloomberg)
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