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Melisron in talks to buy British Israel
September 5, 2010[Story ID: 12854] The talks are at a premium on British Israel’s market cap of NIS 1.83 billion.
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CEO to double stake in Delek Auto
September 5, 2010[Story ID: 12857] Delek Auto: Gil Agmon is in talks to acquire a stake in the company for NIS 1 billion.
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Options point to shekel strength against dollar
September 5, 2010[Story ID: 12861] On Friday, the Bank of Israel set the shekel-dollar representative rate at NIS 3.779/$.
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August was top month this year for mutual funds
September 1, 2010[Story ID: 12578] Assets managed by mutual funds hit a record NIS 150 billion.
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IDB Q2 profit down 90% to NIS 50m
August 31, 2010[Story ID: 12505] IDB Tourism lost NIS 36.7 million in the first half.
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HOT loses more TV customers
August 31, 2010[Story ID: 12448] The telecommunications company reported a second quarter net loss of NIS 49 million.
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More customers, paying less, drive Partner revenue
August 30, 2010[Story ID: 12415] The mobile carrier posted a net profit of NIS 293 million on NIS 1.68 billion revenue.
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Credit Suisse pulls Discount Investments profit down 90%
August 30, 2010[Story ID: 12418] The IDB unit will distribute a NIS 300 million dividend for the second quarter, bringing its total dividends so far this year to NIS 870 million.
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Asia deals drive drug co Can-Fite revenue growth
August 29, 2010[Story ID: 12332] Can-Fite narrowed its net loss by 68% to NIS 2.1 million for the second quarter.
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Hapoalim profit rises 34%
August 25, 2010[Story ID: 12190] The bank’s provisions for doubtful debts fell by 36% to NIS 341 million.
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Union Bank profit drops
August 23, 2010[Story ID: 12067] Union Bank’s mortgage activities grew by 75% in the first half of 2010 with NIS 856 million in new loans.
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Debt settlement gain puts Africa-Israel into black
August 23, 2010[Story ID: 12065] CEO Izzy Cohen: The effects include net profit of more than NIS 1 billion.
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Capital market losses weigh on Clal Insurance
August 22, 2010[Story ID: 12011] Second quarter net profit fell to NIS 29 million from NIS 151 million for the corresponding quarter.
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Ginko Oil Exploration IPO fails
August 18, 2010[Story ID: 11795] The company sought to raise NIS 34 million, but orders totaled just NIS 29.9 million.
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Mizrahi to pay first dividend since economic crisis
August 16, 2010[Story ID: 11674] Mizrahi Tefahot Bank’s net profit rose 34% to NIS 201 million for the second quarter.
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Ashtrom unit to bring KIKA to counter IKEA
August 15, 2010[Story ID: 11614] The real estate company bought 15% of KIKA Israel for NIS 11 million.
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Gabriella Ravid lands on her feet
August 11, 2010[Story ID: 11393] Ravid, who fell from grace as head of Psagot, will receive a package worth up to NIS 5 million in 2010 at DS Apex.
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Cancer co Biocancell looks to Nasdaq despite going concern warning
August 9, 2010[Story ID: 11269] Biocancell had NIS 5.6 million in cash at the end of March, after a negative cash flow of NIS 1.1 million in the second quarter.
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Executive pay skyrockets; performance does not
August 4, 2010[Story ID: 11035] In 2003, the average executive salary was NIS 1.6 million a year; it rose to NIS 3.9 million in 2009.
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Elbit Systems raises offer for ITL shares
July 29, 2010[Story ID: 10728] The revised total offer reached nearly NIS 11.8 million.