Business in Brief - U. Dori losses balloon to $116 million
U. Dori losses balloon to $116 million; Eliezer Fishman moving forward with plans for IPO of cellular tower operator T4U Holding Brasil.
U. Dori losses balloon to 416m shekels in 18 months
U. Dori Construction, the financially troubled builder, said Monday it ran up losses of 416 million shekels ($116.3 million) over 2013 and the first half of 2014. The losses — which the company uncovered in July, forcing it to restate earnings going back to fourth quarter 2012 — left it with negative equity of 235 million...
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