Akiva Mozes: Regulator stifles Israeli companies
The outgoing Israel Chemicals CEO sees Israeli managers as unusually exposed to regulatory action.
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IAI signs largest ever deal
The $1.6 billion deal for Israel Aerospace Industries with an Asian country includes the Green Pine radar – part of the Arrow anti-ballistic missile system.
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Thu: TASE up 1.4% on week
The banks boosted the market, while Teva and Bezeq fell back.
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Local authorities to strike from Monday
Local Authorities chairman Shlomo Bohbot told “Globes”. “Each day, there will be a new campaign to disrupt work by government ministries, just like the IDF.
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Electricity Authority: Raise rates 19% within 3 years
The Public Utilities Authority (Electricity) has asked the Treasury for permission to raise electricity rates by 19% over three years, including 6% in 2012.
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“Israels housing market poised for hard landing”
“Global Property Guide” says that prices will continue falling in the coming months.
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Academics, activists condemn firing of Maoz
Sapir College: Maoz’s opinions were unpleasant but everyone can express his position without losing his livelihood.
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Delek lends $25m to gas exploration units
Yitzhak Tshuva is lending money to Avner and Delek Drilling while negotiations on a loan from HSBC continue.
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Teva CFO: Were seeking Asian acquisitions
Eyal Desheh said that Teva wants to boost sales and expand production in Asia.
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Delek to appeal against ban on Leviathan lien
The lien on Delek’s Leviathan rights is intended to obtain $500 million it needs to develop the Tamar and Noa gas fields.
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Excellence Nessuah fires chief economist Maoz
In a tirade against the “Ashkenazi elite” today, Shlomo Maoz said Bank Leumi was “a bank for white people.”
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Comverse to distribute dividend through subsidiary
Comverse Technology Inc. expects the dividend to be distributed in the second half of fiscal 2012.
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IBI: Elbit Imagings malls sale buys time
The $1.43 billion sale “has no profit significance in terms of debt repayment, and only cash flow importance.”
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2011 tax revenues fall just short of govt target
State tax revenues reached NIS 211 billion in 2011, a shortfall of only NIS 2.2-2.5 billion from the planned target.
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Residents oppose Tshuvas shopping center sale to daughter
Yitzhak Tshuva-controlled Delek Real Estate sold its half of the Bitan Aharon shopping center to his daughter.
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Migdal Insurance to join Viola in Clal Industries bid
Migdal is in talks with Viola Private Equity to participate in the acquisition of Nochi Dankner’s industrial holding company.
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Tamar partners sign two gas contracts for $1.2b
Delek, Isramco, Noble Energy, and Alon Gas signed to contracts with private power companies owned by Edeltech and Turkey’s Zorlu.
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IAI CEO Yitzhak Nissan to step down
Israel Aerospace Industries chairman Dov Baharav refused to renew Nissan’s contract, which expires at the end of 2012.
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Perrigo acquires CamAms diabetes unit
Perrigo is paying $36 million for the diabetes care products distributor.
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Delta Galil cancels Jones Group jeans acquisition
Delta Galil called off the talks due to the weakness in Jones Group’s jeans business.