Tel Aviv markets

Tel Aviv markets

  
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1

Tue: Perrigo pushes market down

Tel Aviv markets
  Perrigo fell strongly despite positive financials and Bezeq fell on the day's largest trading turnover.
  Aviv Levy 08/05/2012
 The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.21% to 1,145.33 points, the Tel Aviv 100 Index fell 0.15% to 1,046.46 points, but the BlueTech 50 Index rose 0.68% to 329.67...
2

Mon: HOT fails to boost flat market

Tel Aviv markets
  HOT posted the biggest gains as the market remained firm despite concerns about Europe. Israel Corp. was dragged down by a Zim rating downgrade.
  Aviv Levy 07/05/2012
 The Tel Aviv Stock Exchange (TASE) was mixed today. The Tel Aviv 25 Index rose 0.06% to 1,147.72 points, but the Tel Aviv 100 Index fell 0.05% to 1,048.04 points, and the BlueTech 50 Index rose 0.45%...
3

Sun: Teva slips as world markets drag TASE down

Tel Aviv markets
  Teva, Israel Chemicals and Mellanox lost heavily but HOT and Paz bucked the market.
  Aviv Levy 06/05/2012
 The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 1.76% to 1,147.07 points, the Tel Aviv 100 Index fell 1.78% to 1,048.52 points, and the BlueTech 50 Index fell 2.45% to 325.95...
4

Gazit-Globe to delist Gazit America

Tel Aviv markets
  Gazit-Globe Gazit America will offer to buy 73.1% of Gazit America at C$7.07 per share in cash and First Capital Realty shares.
  Globes' correspondent 06/05/2012
 Gazit-Globe Ltd. (NYSE: GZT ; TASE: GLOB ) and its Canadian subsidiary First Capital Realty Inc. (TSX: FCR ) plan to delist Gazit America Inc. (TSX: GAA ). Gazit-Globe currently owns 26.9% of Gazit ...
5

Africa-Israel raises NIS 214m in rights issue

Tel Aviv markets
  Chairman Lev Leviev injected NIS 102 million into the company.
  Globes' correspondent 06/05/2012
 Africa-Israel Investments Ltd. (TASE: AFIL ) raised NIS 214 million in a rights issue, the company notified the Tel Aviv Stock Exchange (TASE) today. Africa-Israel chairman Lev Leviev bought 7.6 99% ...
6

Tower teams with female Haredi initiative Rachip

Tel Aviv markets
  The partnership will provide Tower with external solutions and services to assist its customers with CAD, QA and run-set development.
  Globes correspondent 03/05/2012
 Specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM ; TASE: TSEM ), which markets under the name TowerJazz, today said that it is partnering with Rachip. The partnership will provide Tower with ...
7

Discount Bank to fire 150 within three months

Tel Aviv markets
  The Histadrut and the bank's management have reached agreement as Israel Discount Bank merges with Discount Mortgage Bank.
  Eran Peer and Shay Niv 03/05/2012
 Israel Discount Bank (TASE: DSCT ) and the Histadrut (General Federation of Labor in Israel) have signed an agreement about the integration of Discount Mortgage Bank employees into the parent bank ...
8

Globe Exploration halts Ofek 2 drilling

Tel Aviv markets
  The drilling has been hit by mechanical and technical limits at a depth of 5,400 meters.
  Hillel Koren. 03/05/2012
 Oil exploration company Globe Exploration LP (TASE: GLEX.L ) reported today that it had halted drilling activities at the Ofek 2 prospect before the drilling has reached the planned depth of 5,950 The...
9

Court appoints receiver for Delek Real Estate

Tel Aviv markets
  Judge Varda Alshech appointed a receiver from May 13 and urged Yitzhak Tshuva to reach a creditors agreement before then.
  Avi Shauly 03/05/2012
 Tel Aviv District Court Judge Varda Alshech has decided to appoint a temporary receiver for Delek Real Estate Ltd. (TASE: DLKR from Sunday May 13. Until then, she said, "The parties have a last She ...
10

UBS, Citi soothe investors over Leviathan setback

Tel Aviv markets
  UBS analyst Roni Biron: Market prices had not factored in oil.
  Globes correspondent 03/05/2012
 Analysts at UBS and Citi have been soothing Leviathan investors after Noble Energy Inc. (NYSE: NBL ) reported last night that drilling had failed to reach the target strata and has been suspended due...

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