Bank of Israel Holds Key Rate but Says Risks Are Growing
The move disappoints many who thought global uncertainty would prompt the bank to act.
Dror Raich
Shekel Takes a Hit as Economy Shows Signs of Weakness
Dollar gains 2.4 percent in four days, euro 2.8 percent.
As TASE Trading Volume Drops, the Stock Exchange to Revamp the Indexes
TA-25 to become TA-35; TA-100 expanded to TA-125 as benchmarks will widen in bid to up trading volumes.
The Ticker / Incubator Operator Trendlines Readying for IPO in Singapore
888’s bid for Bwin upstaged by GVC; Bank of Israel holds base rate unchanged; Tel Aviv shares are mixed as Teva rallies amid China jitters
The Ticker / TA-25 Hits Record High, Then Pulls Back
Teva seeks medical-marijuana patents; FIMI raising $1 billion for private equity fund; Tiv Taam makes offer to Eden Teva Market.
The Ticker / Tel Aviv Shares Down as Investors Await Greek Referendum
Key executive quits ailing Mega supermarkets;Elbit wins $150m contract from Dutch; Playtech buys Israel’s Ava Trade for $105 million.
Israeli Shares Slide as Greek Crisis Threatens World Markets
Benchmark index ends 1.8% lower; energy stocks hit by delays in decision on gas cartel.
The Ticker / Shekel Continues to Strengthen Against Major World Currencies
Knesset Finance Committee seeking to delay steps toward sale of Israel Military Industries; TASE down amid global concerns about Greece, but bank shares rise; Alcobra drug fails mid-stage trial, sending its shares tumbling in New York.
The Ticker: Top Mylan Executive in Israel to Pitch Perrigo Bid
12.2% of TASE companies have ‘going concern’ warnings; Hamat in talks to build Turkish plant; PhotoMedex sells unit to repay banks.
Medical-device Maker Lumenis to Be Sold to Hong Kong's XIO for $510 Million
$14-a-share price is 16% premium over company's Nasdaq price on the eve of the announcement.
Israeli Shares Skid on Crisis Over Greece
Analysts believe Tel Aviv stocks will rebound quickly if Greeks exit the euro and declare bankruptcy.
Business in Brief / Africa Israel Returns to Profitability in First Quarter
Delek in talks to boost stake in Cyprus gas field, Azrieli in pact to sell Supergas to Tadiran, and telecoms stocks carry TASE higher.
The Ticker / Bank of Israel Likely to Intervene as Shekel Gains
Plus500 unfreezes most customer accounts after review; Emerson to buy Spectronix for $79 million; Tel Aviv shares rise as Greek crisis fades.
The Ticker / SodaStream Rallies After Profit Decline
Nice reports 26% rise in first-quarter profit; Nitzba wins TA bus station bidding; Ormat wins contract day after drop in profit; Kornit shares climb after strong earnings; Bank stocks lead TA-25 index higher.
The Ticker / ICL Issues Layoffs Warning
Kornit jumps 40% on first day of trading, Teva to pay $24m in pay-for-delay suit and shares edge up in short trading day.
The Ticker / Check Point Buys Israeli Startup for an Estimated $100 Million
New York developer Extell raises 600 milion shekels; Bino hands over shares to children; TA-25 closes at record high before Pesach.
The Ticker / Dollar, Euro Surge Further Following Bank of Israel’s Rate Cut
Teva announces success in test of new drug chronic migraine drug; Allot Communications to acquire operations of Madrid-based Optenet; TASE retreats from record high, energy stocks slide over antitrust decision.
Tech Nation / Unilever Joins Government's Tech Program
Unilever joins state tech program, My Size looks to expand, while Uber gets free ride on Channel 10 election show.
The Ticker / Acquisition Boosts Orbotech Quarterly Profit
LivePerson profit falls despite jump in sales, Israel Corporation severs last ties with Qoros.
Israel Chemicals Profit Plunges 45% in Fourth Quarter Amind Labor Disruptions
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.
The Ticker / Meretz Chief Urges Investors to Shun Delek Group Bond Offering
Thirty stocks account for 75% of TASE trade; Allot reports rise in net as sales climb 12%; RedHill raises $12.5m in offering of ADSs; TA-25 up on talk of Greek debt compromise.
The Ticker The Ticker / Stratasys Shares Plummet on Nasdaq
Markstone withholds part of bond repayment, Radcom revenues rally, TASE follows Wall Street up.
ClickSoftware Offering Itself for Sale for $300 Million
Piper Jaffrey has been selected to manage the sale of the company.
For Those With an Appetite for Risk, Six Israeli Biomed Stocks
Last year was less than brilliant for U.S.-listed Israeli biomedical firms, but if you’re willing to take on risk here are a half-dozen that are developing treatments for everything from acne and burns to Parkinson’s disease.
Tycoons Sold 5.5 Billion Shekels of Shares in 2014
Qoros' car sales jumped in fourth quarter; Moody's cuts Discount's deposit rating; Somoto tumbles on Apple clarifications.
Dollar, Euro Drop Against Shekel
Both foreign currencies lose more than 1% of their value.
Israeli Consumer Prices Fell in 2014 for Third Time Since 2003
Decline would have been steeper except for higher housing costs.
Can Israel Lead the World in Weed?
America's ‘Dr. Cannabis,’ Alan Shackelford, says Israel's openness and its 50-year history of marijuana research puts it in the vanguard of the medical-marijuana field.
Business in Brief / Israel Corp. Spin-off Starts Trading on TASE
Migdal moving forward with giant placement, UBS cuts target prices for gas shares but says most are Buys.
The Ticker / Bright Food Seeks More Time to Buy Tnuva
Hadera Paper mulls closing Turkish venture; Psagot warns on stocks facing regulation; Jordan suspends gas talks with Israel; TA-25 shares follow Wall Street lower.