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Encyclopedia Judaica 22 Volume Set
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Israel Business News Feeds

Main Headlines from Globes

Israeli Stocks on Wall Street from Globes

Cellcom sees NIS 320m sliced off net profit (Sep 2, 2010 8:05 PM)
The company is considering legal action over the cut in interconnect fees.

Communications minister slams mobile phone cos as he cuts rates (Sep 2, 2010 8:05 PM)
Moshe Kahlon cut the interconnect fee 73% to to NIS 0.068 per minute, effective January 1.

Teva loses Evista appeal (Sep 2, 2010 5:05 PM)
The company won't market a generic version of Eli Lilly's osteoporosis drug Evista.

No winner yet in Comverse land sale (Sep 2, 2010 4:48 PM)
Sources: Comverse will hold an auction next week, and will likely announce the winner by the end of the month.

Elbit Systems buys Mikal subsidiaries, not Mikal (Sep 2, 2010 3:48 PM)
After buying all or most of three subsidiaries, Elbit Systems will sell its existing stake in Mikal.

Will the banks flood the market with Tower shares? (Sep 1, 2010 8:56 PM)
In its second quarter financials, Bank Hapoalim recorded Tower's convertible capital notes as an asset available for sale for the first time.

Emblaze in talks to sell Formula stake (Sep 1, 2010 8:46 PM)
The buyer is apparently Asseco of Poland. It is unclear whether Emblaze founder Eli Reifman will benefit from the deal.

Not resigned to Harari's resignation (Aug 31, 2010 4:51 PM)
Intel gets in to iPhones and iPads, for obvious reasons. Dr. Eli Harari gets out of SanDisk, and it is not yet clear why.

Partner turns to court to halt rate reduction (Aug 31, 2010 3:39 PM)
The mobile carrier wants the court to order the Communications Ministry to hand over all documents about the connectivity fees hearing.

InSightec system treats first prostate cancer patients (Aug 31, 2010 11:10 AM)
The ExAblate system has been used until now for the treatment of uterine fibroids and bone metastases.

EDT takeover gives Elbit Imaging a profit (Aug 30, 2010 6:25 PM)
An accounting gain of NIS 385 million for the closing of the acquisition of EDT Retail Trust (ASX: EDT) in June secured a good second quarter financial report for the company.

Indian project thaw unfreezes Ceragon orders (Aug 30, 2010 4:03 PM)
The communications equipment firm won a multimillion dollar order.

Pluristem to take part in EU stem cell study (Aug 30, 2010 3:56 PM)
This is a new indication for Pluristem's PLX placenta cell therapy product.

More customers, paying less, drive Partner revenue (Aug 30, 2010 3:53 PM)
The mobile carrier posted a net profit of NIS 293 million on NIS 1.68 billion revenue.

Defense industry rivals seek joint IAF trainer bid (Aug 30, 2010 2:38 PM)
IAI and Elbit Systems want to jointly maintain the IAF's next generation jet trainer.

OpTier looks to Nasdaq IPO in 2011 (Aug 29, 2010 9:13 PM)
The company has met with Morgan Stanley and with another large US underwriter.

Jacob Gelbard appointed Partner CEO (Aug 29, 2010 10:09 AM)
Current CEO David Avner and his deputy are leaving the telecommunications company.

Content revenue jump boosts Cellcom profit (Aug 26, 2010 2:57 PM)
The increase in content services did not affect Cellcom's core business of airtime minutes.

Ormat begins recovered energy plant operation (Aug 26, 2010 11:03 AM)
Electricity produced by the station will be sold to Great River Energy.

Elbit Systems strongly denies layoff reports (Aug 25, 2010 10:38 AM)
"Employees were transferred within Elbit Systems, which is routine."

Israeli Startup Companies and Venture Capital from Globes

Second Israeli pill camera co mulls IPO (Sep 2, 2010 5:49 PM)
CheckCap's product is at an earlier stage than those of Given Imaging.

Library solutions co Ex Libris in Finnish National Library deal (Sep 2, 2010 5:11 PM)
Ex Libris will provide a unified interface for its collections and electronic resources.

Hadasit Bio Holdings raises NIS 11.5m in TASE offering (Aug 31, 2010 7:02 PM)
In the second quarter of 2010, Hadasit recorded its first ever significant profit of NIS 13 million due to capital raised by portfolio company ProtAb.

ECI spin-off Celtro raises $2.7m (Aug 31, 2010 6:04 PM)
The company develops switching solutions for mobile carriers.

Incubator co Xenia reports jump in portfolio value (Aug 30, 2010 4:04 PM)
Xenia CEO: Some of our portfolio companies have shown a sharp rise in sales, profitability and positive cash flows.

OpTier looks to Nasdaq IPO in 2011 (Aug 29, 2010 9:13 PM)
The company has met with Morgan Stanley and with another large US underwriter.

Meditor Pharmaceuticals seeking $20m (Aug 25, 2010 7:22 PM)
The company wants to complete the development program of its hypotension and migraine drugs.

Fuel monitoring co Petratec raises $15m (Aug 24, 2010 9:17 PM)
Alleghany Capital made the investment in the start-up controlled by former Paz CEO Mordechai Ben-Shach.

N-trig scores design win with iPad rival (Aug 23, 2010 7:34 PM)
It is not yet clear for which company HTC is building its product.

Germany's IPB to invest in Israeli renewable energy patents (Aug 23, 2010 5:51 PM)
IPB is teaming up with Israeli patent attorneys Luzzatto and Luzzatto.

Xenia to invest further in SAManage (Aug 22, 2010 7:25 PM)
SAManage will also receive Chief Scientist funding.

Mobile ad co Inneractive raises $2.3m (Aug 22, 2010 12:14 PM)
Evergreen Venture Partners invested in the company's second financing round.

Biomed capital (Aug 8, 2010 2:24 PM)
Jerusalem wants to overtake Rehovot as the country's top biomed city.

Treasury plan better late than never (Jul 4, 2010 5:03 PM)
Israeli high tech is helping overseas companies more than the local economy.

The entrepreneurs' top VC (Apr 18, 2010 6:05 PM)
Co-founder Avi Zeevi on the Carmel Ventures touch.

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