Mobileye likely to delay secondary offering; Hapoalim to report provisions for possible U.S. penalties; Lower Wall Street trims TA-25’s gains.
Big provisions come as value of tycoon’s Russian real estate assets plummet; Israeli lenders have so far set aside about 60% of the value of his loans - between 2.7 billion and 3 billion shekels.
Loss of between $200 million-$220 million expected, company says.
Attorneys demand partner Elsztain turn over half of shares he bought in rights offering.
Alon rejects ex-CEO's offer to acquire its retail group; Wix narrows 4Q loss, sees profit in 2015l Stocks perform better after elections than before, study finds.
Canadian family is teaming up with fund manager to take stake in innovative companies.
Takeover, which would enable Bezeq to offer TV, phone and Internet services, must still be cleared by minority shareholders and government.
Partner Moti Ben-Moshe failed to put up money, leaving him with just a 15% stake.
The fundraising goes ahead anyhow amid Moti Ben-Moshe's dispute with partner Eduardo Elsztain over ownership rights.
Markstone withholds part of bond repayment, Radcom revenues rally, TASE follows Wall Street up.