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1

Tue: Biomed Index jumps 2.7% on launch

  Biomed companies helped lift the TASE today, as Given Imaging rose, and Compugen, Clal Biotech, and BiolineRX soared. Kamada was one of the few biomed party-poopers.
  Aviv Levy and Gali 02/03/2010
 The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.73% to 1,195.72 points, the Tel Aviv 100 Index rose 0.74% to 1,124.31 points, and the Tel-Tech Index rose 1.32% to 265.59 ...
2

Mon: TASE hits highest level since December 2007

  Perrigo and Cellcom celebrated the start of March with strong gains, but Africa-Israel fell back sharply on profit warnings by subsidiaries.
  Aviv Levy 01/03/2010
 The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 2.37% to 1,187.08 points, the Tel Aviv 100 Index rose 2.18% to 1,116.10 points, and the Tel-Tech rose 2.58% to 262.12 points....
3

Apartments sold and rented

 
  Einat Paz-Frankel 28/02/2010
 Second-hand apartments sold Tel Aviv and central region Tel Aviv: A 62-sq.m. two-and-a-half-room apartment on Yehoshua Ben-Nun St., north Tel Aviv, was sold for NIS 1.47 million. A partly renovated...
4

Hadera finally annexes the city port

  The port serves IEC's Orot Rabin Power Station.
  Michal Margalit 28/02/2010
 The Hadera Municipality's steadfastness in its effort to annex the city port has finally paid off. The Ministry of Interior has agreed to the municipality's request to transfer the port, which serves...
5

Jerusalem homeowners offer their homes to builder

  The initiative is not the usual method for vacate and build projects.
  Michal Margalit 28/02/2010
 The owners of 144 apartments near Emek Refaim Street in Jerusalem's German Colony will, in a few days, publish a vacate-and-build-tender for developers. The apartments are on an eight-dunam (two-acre)...
6

Leumi US to build new tower on Fifth Avenue

  The bank's offices are currently spread over four locations in Manhattan.
  Eran Peer 28/02/2010
 Sources inform ''Globes'' that Bank Leumi (TASE: LUMI ) subsidiary Bank Leumi USA will build an 18-storey building with 71,000 square feet (5,100 square meters) of net space on Manhattan's Fifth Bank...
7

Tel Aviv to get NIS 750m hotel, residential seafront project

  Apartments in Henry Taic's project will cost NIS 55,000-70,000 per sq.m. and range up to 1,000-sq.m. in size.
  Erez Wollberg 28/02/2010
 Henry Taic plans to build a luxury hotel and residential seaside project adjacent to the Opera Tower for an estimated NIS 750 million, including the cost of the land. The project will be built on an ...
8

Long term study points to Teva drug Copaxone safety

  More than 80% of patients were still walking without assistance despite a mean MS disease duration of 22 years.
  Globes' correspondent 25/02/2010
 Pharmaceutical company Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA ; TASE: TEVA ) today announced the publication of data from a long term clinical study of Copaxone which highlighted the The In...
9

Mutual fund assets grow NIS 3.1b

  Investors turn to stock, bond mutual funds.
  Roee Bergman 25/02/2010
 Israel's mutual fund sector posted another strong month of new investment, mostly by fixed income mutual funds. Total assets managed by mutual funds rose by NIS 3.1 billion during February, with about...
10

Shamrock faces NIS 28m loss on Kaman Trade sale

  The move may be a bit hasty, given the about face in the markets, and the fact that its Mendelson stake seems headed back in a positive direction.
  Aviv Levy 25/02/2010
 Shamrock Holdings faces a loss of NIS 28 million over two and a half years, an annualized loss of 22% on investment, on the sale of its stake in Kaman Trade Ltd., according to a presentation by Kaman...

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