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1

Bank of England leaves interest rate unchanged

investors
  The last time the Bank of England changed the interest rate was almost exactly one year ago.
  Globes' correspondent 04/03/2010
 when it cut the rate by 0.5 percentage points to 0.5% on March 5, 2009. The European Central Bank (ECB) also left rates unchanged. As investors expected, the interest rate on the main refinancing operations was kept at 1%. Published by Globes [online], Israel business news - www.globes-online.com - on March 4, ...
2

Chinese car co BYD heads for Israel in 2011

investors
  BYD plans to focus on hybrids and electric cars.
  Dubi Ben-Gedalyahu 03/03/2010
 year. BYD is China's sixth largest carmaker, and is expected to manufacture almost 800,000 cars this year. Warren Buffett is one of BYD's major investors, after buying 10% of the car from its parent company, battery manufacturer BYD Co Ltd. (Shenzhen: 1211). Nochi Dankner-controlled IDB Holding Corp. Ltd. (TASE:...
3

ProteoLogics IPO oversubscribed three-fold

investors
  In response, ProteoLogics raised the price of units of shares and warrants by 23%.
  Gali Weinreb 03/03/2010
 carry out reverse merges with stock market shells, the TASE launched its Biomed Index yesterday to great acclaim, and there is a general appetite among investors for risk whetted by the market rally and the gushing oil exploration partnerships. A source who participated in ProteoLogics' IPO said, "Even the underwriters ...
4

Bezeq doubles net profit

investors
  Strong results led the telecommunications firm to set a NIS 2.4 billion dividend.
  Adi Ben-Israel 03/03/2010
 the entire company and merge with it.Bezeq's guidance for 2010, which predicts similar "or slightly higher" revenue and profits, compared with 2009, may disappoint investors. "The guidance is based on the strength of Bezeq's telecommunications services for private and business customers, while scrupulously focusing on improving operational efficiency," said ...
5

"We believe there are reserves adjacent to Tamar and Dalit"

investors
  At a press conference in Tel Aviv, Noble Energy CEO Charles Davidson called the Tamar offshore gas field "a monster."
  Adi Ben-Israel 02/03/2010
 the Tel Aviv Hilton not only to wax poetic about biblical Israel, but to outline its program to develop its natural gas reserves in Israel. Investors are eager for any scrap of information about the Leviathan lease, where 3D seismic survey is underway, whose results are due later this month. ...
6

AesThera sale disappoints

investors
  AesThera raised $20 million in venture and private capital funding.
  Gali Weinreb 02/03/2010
 aesthetics surgical device manufacturer. According to IVC Online, AesThera raised $20 million from Adams Street Partners, Kleiner Perkins Caufield & Byers, and MedVenture Associates LP. Private investors included former Lumenis CEO Yacha Sutton and directors Thomas Hardy and Zeev Tadmor, a former president of Technion Israel Institute of Technology. A source ...
7

Africa-Israel debt deal upheld

investors
  Bondholders will get additional shares in Africa-Israel Properties.
  Adi Ben-Israel 02/03/2010
 AFID), which handles the company's Russian activities. The parties agreed to allot an extra 5% of Africa-Israel Properties, worth NIS 60 million, to Africa-Israel's institutional investors as compensation. The agreement means that Africa-Israel's debt settlement will hold, and that the company's shareholders will meet on March 14 to approve it, ...
8

Merrill Lynch: Developed Markets status natural for Israel

investors
  Analysts: Israel's economy is stable compared to countries like Portugal, Ireland, Greece, Spain, and Dubai and that is reflected in considerably lower spreads on credit default swaps.
  Adi Ben-Israel 01/03/2010
 in the new Israel index, which will bring the weighting even lower (0.89% of EAFE). Analysts Israel and Goldberg see a net investment by passive investors those simply tracking the relevant MSCI indices of $3.3 billion, as Emerging Markets index investors sell, and developed market index investors buy. Merrill Lynch ...
9

Biocancell drops on institutional placement

investors
  Controlling shareholders Clal Biotech, Tikro Technologies, and CSO Prof. Avraham Hochberg were not part of the placement.
  Gali Wienreb 01/03/2010
 part of the placement. Gali Wienreb01/03/2010 17:00:00 Biocancell Therapeutics Ltd. (TASE:BICL) raised NIS 10.6 million in a private placement to institutional investors. The company did not disclose the names of the investors who committed to buying the shares, but they do not include controlling shareholders Clal ...
10

TASE readies for tomorrow's launch of Biomed Index

investors
  The Biomed Index would have risen 377% in 2009 had it been operating last year.
  Shiri Habib-Valdhorn and 01/03/2010
 after its successful IPO two weeks ago when it raised NIS 35.2 million. Past performance, as they say, is no guarantee of future success but investors will be well aware that had the Biomed Index been operating in 2009, it would have risen by 377%. This dream performance hastened the ...

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