Wednesday, January 29, 2020

Makov: “Nothing in the world will stop generics”

Teva reports Q2 results showing $230 million profits, beating analyst projections. Shares suffer from recent sharp declines   Results for Israeli pharmaceutical Teva were pleasing, despite negative sentiment that hovered over its shares...

Car prices to drop 10% by 2006

Director of Customs and VAT Dept. Eitan Rov: Possible reduction in purchase tax on new cars to be explored. The current tax on private cars totals 95% of the price. Good news...

Progress in ports strike talks

Progress being made in negotiations between Treasury and Histadrut; strike could end within 24 hours. Significant progress has been made in negotiations between the Histadrut and the Treasury. Earlier this morning (Tuesday)...

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...

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...

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...