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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Netanyahu, Treasury agree: NIS 2.7b defense cut for education
The prime minister and Finance Ministry officials have agreed on the details of the NIS 5.4 billion “large adjustment package”.
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Shekel strengthens as intl markets open for 2012
The shekel-dollar exchange rate is down 0.49% to NIS 3.802/$.
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PM: Dont eulogize Trajtenberg Report yet
Netanyahu: We need to defend our citizens and our budget; Mofaz criticizes NIS 1.67b. defense budget addition.
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Solar energy co Sunday granted stay of proceedings
Sunday Energy, controlled by CEO Kobi Dinar, owes NIS 41 million.
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Amendment 16 catches Akirov: foregoes NIS 2.7m at Alrov unit
Alfred Akirov’s salary cost at Alrov Israel and subsidiary Alrov Properties was NIS 17.5 million in 2008-10.
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Shekel above NIS 3.80/$ for first time in 15 months
The shekel has lost 12% against the dollar since July and was last above NIS 3.80/$ in August 2010.
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Comptroller: Set medical equipment reuse policy
Health Ministry failure to reach decision over equipment reuse for 15 years could cost up to NIS 70 million, says State Comptroller.
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Clal Biotech doubles stake in oncology co Biocancell
Clal Biotech will increase its stake as part of Biocancell’s NIS 11.1 million private placement.
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Ormat Industries distributes NIS 336m dividend
The geothermal company will distribute a dividend of NIS 2.83 per share.
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Property sales boost Africa-Israel profit to NIS 148m
Revenue rose to NIS 2.41 billion for the third quarter from NIS 1.37 billion for the corresponding quarter.
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Koor buys 2.52m Credit Suisse shares
Koor owns 30.32 million Credit Suisse shares worth NIS 2.61 billion.
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Azrieli sees lower profit on higher NOI
Third quarter net profit fell to NIS 179.5 million from NIS 255 million for the corresponding quarter.
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Credit Suisse drags Koor to NIS 1.6b loss
Koor still owns 27.8 million Credit Suisse shares, which are currently worth NIS 2.4 billion.
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Cellcom Q3 profit down 40% on lower revenue
Nochi Dankner’s mobile carrier posted a net profit of NIS 199 million.
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Leumi, First International warn on profit
Bank Leumi expects to report a third quarter net profit of NIS 50-100 million, substantially less than in preceding quarters.
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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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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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Shekel weakens after interest rate left unchanged
The shekel-dollar exchange rate is up 0.2% in morning inter-bank trading to NIS 3.651/$.
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Shekel strengthens against euro
The shekel-euro exchange rate has fallen below NIS 5/’