Thursday, August 22, 2019

Merger in Mizrahi: Yones to guarantee four year freeze on layoffs

Collective bargaining agreement by Mizrahi CEO to the merger with Tefahot includes half-salary bonus to employees Eli Yones is advancing the Bank Mizrahi merger with Bank Tefahot. Maariv has learned that the...

Export Institute: 18% rise in industrial exports to Europe

Increase affected by 10% jump of Euro against the dollar Data on market recovery is continuing to stream in. The first half of 2004 saw an 18% surge in industrial exports (excepting...

Ginko plans to raise NIS 130 million for oil exploration

Estimates Dead Sea reserves hold 20 billion barrels. Ginko Oil Exploration is planning to raise NIS 130 million on the Tel Aviv Stock Exchange at the end of the month to finance...

Teva’s Q2 profits increase by 9%

Profits totaling $230 million in the second quarter, despite recent negative trends in company's stock. Financial results of the Israeli medicine company were surprisingly positive during the second quarter despite recent negative...

Alvarion earns $2.5 million in Q2

Income rises by 9% in comparison with previous quarter to $48.8 million; net profit rises by 74%   Alvarion reported Q2 2004 results, including a record income of $48.8 million, a 9% rise...

Antitrust director to force Dankner to sell telecommunications holdings

Demand is a condition for IDB acquisition of Bezeq. Strum: Dankner must resign from Cellcom Nochi Dankner will be required to sell his holdings in Barak, Netvision and Globecall before he can...