Saturday, September 19, 2020

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...

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...

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...

Bank of Israel sets optimistic forecast for 2005

Foresees growth of 3.5%, business output up 4.8% and unemployment down to 9.9%. Economic growth will reach 3.5% in 2005, business production will increase by 4.8% and standard of living (individual consumption)...

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...

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...