Aug. 20--Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) today published its financial report for the second quarter of 2008. Revenue totaled $58.1 million, up from $57.1 million for the corresponding quarter of 2007. The...
Aug. 20--First International Bank of Israel (TASE: FTIN1;FTIN5) subsidiary Ubank Ltd. has two core businesses -- private banking and the capital market, with a preference for the latter. Raviv told "Globes" at the time, "I...
Israel stocks snap three-session winning streak TEL AVIV (MarketWatch) - Israeli stocks fell on Tuesday, snapping a three-session winning streak, with the banks and Teva Pharmaceutical leading the losers and Israel Chemicals...
Jul. 22--The shekel-dollar and shekel-euro exchange rates both rose in morning trading in line with the trend at the close of the session yesterday. The shekel-dollar rate was up 0.89 percent at NIS 3.4575/$ this morning, and...
What good is a cash stockpile? ) is receiving credit of more than $1.5 billion from Israel's two largest banks, Bank Hapoalim and Bank Leumi, (to fund its acquisition of US generics rival Barr Pharmaceuticals Inc. (NYSE: BRL))....
The banks suspended their loans to Citypass in July 2007 because of problems in the project. Sources inform ''Globes'' that ) have renewed their loans to Citypass Ltd. , the Jerusalem light rail franchisee. The consortium was...
Moscow, Russia, July 18, 2008—IFC has signed a loan facility with Russia’s MDM Bank to help expand energy efficiency financing to local companies. A $35 million loan for IFC’s own account will support MDM Bank’s energy...
Is the Bank of Israel gambling with the currency? The Bank of Israel announced a plan to increase its foreign currency reserves by $10 billion within a more brief period, and began buying an average of $100 million worth of...
Over half of Teva's acquisition of Barr will be paid for in cash. ) with a NIS 6 billion ($1.79 billion) credit line for its acquisition of Barr Pharmaceuticals Inc. (NYSE: BRL). Teva announced on Friday that it would acquire...