Daily roundup / Consumer confidence slides to 2-year nadir
York Capital increases share of IDB bonds; third round trials for new Teva drug look good; Discount bank tries to step in at Kaman; reevaluated Tamar gas field gets a boost.
Consumers feeling blue: The Bank Hapoalim Consumer Confidence Index has slid to a 2-year low, dropping 0.8% in September from the previous month to 124.6 points. Hapoalim's economists suspect the bugbear is fear of firing (technically, the public's perception of the state of unemployment in six months' time boils down to fear). Another reason for the cracking confidence is rising...
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