Sodastream continues to fizz in Q3
Third quarter revenue rose 39% to ‘
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Orbotech lowers guidance on revenue drop
Orbotech posted a net profit of $18.6 million on $144.4 million for the third quarter, beating the analysts’ forecasts.
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Makhteshims final report shows rise in revenue and profit
The agrochemicals manufacturer’s revenue rose 20% to $638.5 million, and it posted a net profit of $10.1 million for the third quarter.
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Ormat Technologies financing expenses hit profit
Revenue rose 9.2% to $110.8 million.
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Magic reports 8th straight quarter of double-digit growth
Revenue rose 34% to $30 million and net profit rose 60% to $4 million.
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Zisser misses Hapoalim payment deadline
The controlling shareholder in real estate company Elbit was due to pay NIS 80 million by today.
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Israel shouldve lauded Palestinian UNESCO vote first
Erekat tells Army Radio Israel, Palestinians share “land with common history and culture”; Canada reconsidering role in UNESCO; US cuts off $60 million for UN cultural agency; FM: Israel should cut ties with PA.
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Check Point buys compliance solutions co Dynasec
The price is estimated at $10-20 million.
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Magic buys BluePhoenixs AppBuilder business for $17m
BluePhoenix estimates its net proceeds from the sale at $14-14.5 million.
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YCD Multimedia acquires signage co C-nario
The merged company raised $6 million to accelerate its growth.
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Mellanox beats analysts on record Q3 revenue
Net profit rose to $13 million on 80% revenue growth to $68.2 million.
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Radware beats analysts on record Q3 revenue
Third quarter non-GAAP net profit rose to $7.8 million on $42.2 million revenue.
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Plesner criticizes lack of funds for haredi recruitment
MK slams government for failing to fulfill commitments to provide NIS 140 million for the recruitment of ultra-Orthodox to the IDF.
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Magic to acquire BluePhoenixs Appbuilder activity for $15m
The sale of a non-core business, such as Appbuilder is therefore logical for a company with just $8.1 million in cash and a negative cash flow.
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Silicom reports record revenue and profit
Third quarter non-GAAP net profit rose 48% to $2.2 million from $1.5 million for the corresponding quarter.
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Check Point beats analysts with record revenue
Non-GAAP net profit rose 15% to $152.9 million for the third quarter.
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ChemChina completes Makhteshim Agan buy
Koor will report a net profit of NIS 582-674 million on the sale. Makhteshim CEO Erez Vigodman will receive NIS 16 million for his options.
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1.2 billion of taxpayer money to a ‘worse than Solyndra’ company to create 15 jobs
The Obama administration has awarded SunPower 1.2 billion in taxpayer money to create a total of 15 U.S. jobs and to build a plant in…Mexico.
The company is in Solyndra-like financial difficulty. It has $820 million in debt, an amount $20 million greater than its market capitalization. There are lawsuits from numerous States against More > -
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Fundtech CEO to reap $11.8m on company sale
Reuven Ben-Menachem will receive $1.52 million compensation and $10.3 million for his stake in the company.
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ClickSoftware raises 2011 guidance
The automated workforce management and optimization solutions developer today raised its full-year revenue guidance to $85-87 million from $81.5-85 million.