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1

Tue: Biomed Index jumps 2.7% on launch

growth
  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
 Bank Hapoalim and TNS, rose 0.8% to 134.9 points. The index has been stable since August, which the bank says is in line with economic growth, and especially with the increase in jobs since mid-2009. Long-term Shahar unlinked government bonds rose by up to 0.1%, while long-term Galil CPI-linked bonds ...
2

Yorkville invests in Israel's BiondVax and MobileMax

growth
  The two investments will total up to $12 million.
  Mira Awwad 25/02/2010
 2001. It has 50 employees and $1 billion in assets under management. The fund specializes in investments in public companies around the world with rapid growth potential in a range of industries, including real estate, life sciences, energy, high tech, and media. BiondVax's share price fell 0.5% by midday to ...
3

Regulator holds up CEO removal at Bank of Jerusalem

growth
  A former Bank Hapoalim executive impressed the bank's controlling shareholders so much, they want to make him CEO.
  Eran Peer 24/02/2010
 weeks ago, former Bank Hapoalim executive Uri Paz met with the controlling shareholders, and presented them with a concept for retail banking based on rapid growth by small bank branches. The Shovals were impressed, and they sought to hire Paz for the bank. The parties opened negotiations to give Paz ...
4

TowerJazz guides toward 90% first quarter growth

growth
  The chip foundry posted record revenue of $100.6 million in the fourth quarter.
  Adi Ben-Israel 24/02/2010
  TowerJazz guides toward 90% first quarter growth The chip foundry posted record revenue of $100.6 million in the fourth quarter. Adi Ben-Israel24/02/2010 13:59:00 Independent foundry TowerJazz (Nasdaq: TSEM; TASE: TSEM) reported fourth quarter revenue of $100.6 million, 30% higher than the $77.5 million recorded in the corresponding ...
5

Internet Gold turns to profit

growth
  2009 net profit was NIS 101 million, compared with a net loss of NIS 24 million in 2008.
  Shira Horesh 24/02/2010
 11 million, (NIS 2.32 or $0.61 per share) compared with a net loss of NIS 8.4 million for the corresponding quarter. The company attributed the growth to the record results by subsidiary 012 Smile.Communications Ltd. (Nasdaq:SMLC; TASE: SMLC). Internet Gold's operating profit rose 104.7% to NIS 56.7 million for ...
6

Steinitz to propose scrapping spending limit

growth
  Finance Minister Yuval Steinitz will also ask the cabinet to approve another two-year budget.
  Lilach Weissman 23/02/2010
 fiscal rules for public spending by the government. He proposes a new spending formula that will define public spending as a function of the average growth in the previous years while aiming for a debt-to-GDP ratio of 60%, the level stipulated in the EU Maastricht Treaty. The current spending formula ...
7

Procurement Managers Index shows continued growth

growth
  The employment component rose to 68% in January, indicating that businesses are hiring.
  Yael Gruntman 23/02/2010
  Procurement Managers Index shows continued growth The employment component rose to 68% in January, indicating that businesses are hiring. Yael Gruntman23/02/2010 12:00:52 The Israeli Procurement Managers Index rose by 1.3 percentage points in January 2010 to 65.1% from 63.8% in December 2009. January was the eighth consecutive ...
8

Goldman Sachs: Low inflation led to interest rate hold

growth
  Nevertheless, the investment house still sees interest rates at 3% by year end.
  Globes' correspondent 23/02/2010
 the pace of the rate hikes could be slower. "The key risks here are a faster pace of disinflation than we currently expect, weak global growth lowering the demand for Israeli exports, and a slower pace of monetary policy normalization in the Eurozone than our European colleagues currently expect." Published ...
9

The periphery pays the penalty

growth
  Netanyahu's transport plans have been derailed.
  Adrian Filut and Amiram 22/02/2010
 when he was minister of finance is no longer the same Bibi. He now has to worry about much more than balancing the budget and growth. He is the prime minister and must concern himself with security matters too. He doesn't want to argue and must maintain industrial quiet in ...
10

Netanyahu scraps Eilat and Kiryat Shmona railway lines

growth
  The prime minister's NIS 51b transport plan has been halved but the railway to Carmiel will be built.
  Adrian Filut 22/02/2010
 hours of Tel Aviv. This will connect the country, and there will be no more Dan Region as there is today. "The second thing is growth generation. The network will enable development of the north and the south. There era in which all Israeli is backed up and blocked is ...

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