Big Mac index finds shekel is overvalued versus the dollar by 15.1% | Deutsche Bank declines to roll over loan to Housing & Construction | Tel Aviv shares end mixed, weighed by tech indices
Bank of Israel: Financial system stable, but housing sector remains top risk ■ Migdal Holdings CEO Czerninski resigns, to be replaced by Doron Sapir of Migdal Ins. ■ Clal Technology’s Neon expected to raise $100 million in Nasdaq initial public offering
U.S. investment funds Advent, Bain said to be in talks to buy Isracard | Clal unit with stake in beverage maker Jafora raises NIS 230 million in IPO | Stock exchange asks banks to extend deadline to sell their stakes | Tel Aviv shares end higher, but just barely
Pilot shortage forcing El Al to pull flights ■ Internet Gold raises NIS 100 million in private placement ■ After resisting the idea, Bezeq launches a package of internet, telephony and TV
FDA rejects Perrigo’s generic version of Teva’s ProAir asthma treatment ■ Ituran shuts user section of web page due to hacking concerns ■ Tech stocks take TASE higher
Deal values maker of nonwoven fabrics at a big premium to market price
Delek Royalties will be paid overriding royalties in the Tamar gas field that could reach 5 billion shekels
Teva reportedly selling Kansas City-area unit to Florida company ■ Nice seeking to boost CEO’s pay by 20%, along with stock bonus ■ TASE wraps up holiday trading week with sharp declines, amid fears of global trade war
The leading defense entrepreneur was released to house arrest as the probe of his Israel Shipyards expands
Economist says strong shekel irrelevant as tech CEO frets: The dollar-shekel rate works against startups looking to go public
The acquisition will bring together two players in burgeoning market for semiconductors, printed circuit boards and flat screens
The move may be seen by critics as exploiting a loophole in the concentration law
Adika's IPO does better than Rani Zim’s; Keshet fund seeks institutional investors; Insurers send stocks higher
Decision comes six years after supplies were halted, forcing EMG shareholder Ampal into bankruptcy
Gilat finally swings to profit ■ Leumi turns bearish on Leviathan ■ Stocks end mixed
Police raid Shapir offices, question four ■ Fattal Hotels cuts valuation on IPO by 25% ■ Starwood Retail files to sell a billion shekels in bonds in Tel Aviv
Plan’s aim is to split Mizrahi Tefahot, Melisron between different wings of the family
Teva reports disappointing results from asthma drug trials ■ Discount transfers 5% Cellcom stake to two Elsztain allies to conform with law ■ Delek’s Ithaca unit sells oil field to help pay down debt ■ Teva, Israel Chemicals give a lift to Tel Aviv shares
Four stock exchange shareholders agree to sell shares back to bourse ■ Control of Elco split between male heirs, leaving daughter out ■ Together shares reach new high on cannabis deal with Germany ■ TA-35 index ends lower after end-of-session drop
Regulators cite concerns over competition on Eilat route and risk of El Als abusing monopoly over ground security