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Stock exchange and the latest financial / Business news.
From  22.10.03 - 02.05.04
02.05.04 Elran Dividend NIS 1.158 per share. Total of NIS 24,999,193
Record date: 12.05.04
X date: 13.05.04
Payment date: 24.05.04 
Kamor Issues bond and stock options.
Mr. Brener submitted a $ 25M guarantee for Kamor's
bankers.
Electra Negotiation to purchase Ariel Assets Ltd.
Tefen Ind. A dividend for NIS 15,730,000 ( NIS 3 per share ).
**** *****
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I.B.D.C. is not responsible for the information 
published in this news page.
We strongly recommend to verify any information
before making / avoiding any type of action.
29.04.04 Partner Communications 1Q 04 income: $ 269.1M EBITDA: $ 81.2,net profit: $ 20.3M
Elran (D.D.) Investments Merger: Dor - Dankner - Salt - Elran Holdings, cancelled.
Europe Israel Year 2003 net loss: NIS (214M), capital deficit: NIS ( 245M).
Bezeq Reduce bonds issue from NIS 1.2BN to NIS 800M
Nice 03 annual income: $ 224,258K net profit: $ 7,091K
Leumi Mortgage 1Q 04 income: NIS 93M net profit: NIS 26M
Pilat Media New contract with Sky Italy and TVR Sweden for NIS 20M
Chim Nir 03 annual income: NIS 83,372K net loss: NIS (8,876K)
Retalix  (Nasdaq: RTLX) offering of 3,000,000 of its ordinary shares at a price to the
public of $18 per share.
Coca Cola Israel Purchase Tara for $ 39,000,000.
28.04.04 Hatehof Court approved settlement  and issue Stay in Proceeding
order.
Scop 03 annual income: NIS 80,507K net profit: NIS 4,314K
Aryt Aryt Sys. subsidiaries received NIS 3M order from the IDF.
Chim Nir Year 2003 balance sheet was not submitted on time.
Dorot  Year 2003 balance sheet was not submitted on time.
Technomix 1Q 04 net profit: $ 300,000
27.04.04 Independence Day
26.04.04 Memorial Day.
25.04.04 Ormat Purchase a geometric power station in Hawaii for $ 71M.
Clal Ind. Negotiation with CRH to sell 25% of Mashav shares
are suspend. 75% of Mashav shares held by CRH.
Macpell Tafron issued 4.6M shares for $ 20M.
Y.A.D. Lay-off 15% of employees and reduce 13.5% of the
remaining's salary.
22.04.04 Arkia Attempt to sell local activities.
Amdocs 1Q income up by 30%, net profit $ 63M
AudioCodes 1Q income up by 82% to $ 15.3M
Checkpoint 1Q income up 11%, net profit down to $ 41.9M
IMF The Israeli economy is expected to grow this year by 2.4%
Pardes Last day on trade 28.04.04
21.04.04 Radvision 1Q revenues $ 14.3M, Net income: $ 15K
Sano Dividend NIS 5 per share. Total of NIS 61,400,000
Record date: 18.05.04
X date: 19.05.04
Payment date: 02.06.04 
Teva Will pill out all activities in Israel if patent law is change
Israel Discount Bank The treasury refuse to permit selling of IDB N.Y.
20.04.04 Magal Shareholders sold more then $ 60M shares.
M System Estimate 1Q income exceeds $ 60M
Direct Insurance Offers 25-30% of I.D.I's  shares for an estimated NIS 200M
Mind C.T.I. 1Q revenues $ 4M, Net income: $1.34M
Uriely Construction The court appointed a Temporary Liquidator for Uriely Livne.
19.04.04 Lipman New orders from AK Bank for total of $ 6.4M.
BMW's importer Attempt to issue convertible bonds for NIS 50M
Melta - Inter New NIS 5M contrct.
Magic Software Tow new contracts with leading wireless companies. $ 1.5M
Discount Inv. Maalot rated NIS 150-200M bonds as AA
18.04.04 Engel Construction 03 annual income: NIS 255,490K, net loss: NIS (14,858K)
Tadiran Systems Lay-off 75 employees.
Nisko Projects Dividend NIS 2.9255 per share. Total of NIS 33,000,000
Record date: 03.05.04
X date: 04.05.04
Payment date: 17.05.04 
N.I.A. Metal Lay-off 12 employees.
Agis Attempts to merge with Ivax. Est. value $ 1.10Bn.
15.04.04 Israeli Shipyards Ltd. Submitted a draft prospectus.
Tara Intend to issue in Tel-Aviv based on a value of NIS 300M.
Tempo Purchase back 100,221 of its shares for $ 3.8037 a share.
Marshal Investments Intend to issue ~35% of its shares in Tel-Aviv for NIS 40M.
Mei Eden Purchase the Spanish Co. Montana Azul for Eur.22M.
Palram Will acquire control of Poligal Ind. For NIS 15M
14.04.04 Scitex Court approved NIS 118.5M dividend.
Hilan Tach Court approved NIS 25M dividend.
Although Co. does not fulfill count 303 of the New Corp. law.
Granite An antitrust lawsuits was submitted today agais Supergas.
13.04.04 Zim Corporate restructure process has begun.
Israel Rail 1.9M passangers during last month
Yes 03 annual income: NIS 842M, net loss: NIS (555M)
Capital deficit: NIS 2,800M
Retalix Retalix announces public offering of 3,000,000 ordinary
shares.
12.04.04 * * Easter * *
11.04.04 * * Easter * *
09.04.04 Clal Investment House Liquidation order was issued today by the Court.
The First Inter. Bank request NIS 280M to cover 
Glasgow and Clal Inv. Debts. (part of Mr. Gad Zeevi Group).
Mr. Zeevi is expected to submit a request to the supreme
court for a stay of execution.
Electra Commerce Maalot rated up to NIS 150M bonds as A+
EMI Maalot rated Claims Paying Ability as AAA
Israel Discount Bank Employees demands 12% raise for years 2003 and 2004. 
Bezeq Bezeq will go public. The Israeli Gov. expected to sell
50% - 70% of Bezeq's shares for an estimated NIS 2bn.
Leumi Investments. Discount Capital and UBS are the
leading underwriters.
Israel Statistics Data Foreign trade deficit for:
01.2004: $ 228,000,000
02.2004: $ 625,000,000
08.04.04 Palram 03 annual income: NIS 660M, net profit: NIS 21.5M
Ormat Ind. Opti Canada will issue 13.7M shares for C$ 300M
ICL Rotem Amfert damage will effect ICL in $ 9,000,000.
07.04.04 Synel Ind. Dividend NIS 0.87832. per share. Total of NIS 4,763,978
Record date: 14.04.04
X date: 15.04.04
Payment date: 05.05.04 
Nehushtan Inv. 03 annual income: NIS 156,308K, net loss: NIS (56,060K)
Elbit Image 03 annual income: NIS 549,756K, net loss: NIS (112,081K)
05.04.04 * * Easter * *
04.04.04 Elbit System Joint venture with Rockwell Collins, Vision Systems Inter.
awarded $ 62.6M contract from Boeing.
Dor Chemicals Failed to fulfill an agreement, NIS 12M surety note
will be presented and agreement cancelled.
Malam Systems Dividend NIS 2.1769. per share. Total of NIS 10,000,000
Record date: 20.04.04
X date: 21.04.04
Payment date: 05.05.04 
Berger Holdings. Merger with Dash was completed.
01.04.04 Dor Chemicals Milomar cancelled agreement.
The auditors report warns about an associated company
Treofen. Treofen will not be able to pay its liabilities to 
bankers if required to do so. 
Treofen activities are ~ 90% of Dor's income.
I.D.B. Inv. Sold holdings in Kit Elearning for $ 9.4M and $ 2.5M
depends on business results until 2007.
I.E.S 03 annual income: NIS 18,812K, net profit: NIS 6,6706K
M.P.I. 03 annual income: NIS 46,415K, net profit: NIS (3,000K)
Omega Partners 03 annual income: NIS 20,614K, net profit: NIS 1,629K
31.03.04 Volkan 03 annual income: NIS 59,703K, net loss: NIS (3,429K)
Ampa Inv. 03 annual income: NIS 163,441K, net loss: NIS (29,978K)
Atrifon 03 annual income: NIS 8,785K, net loss: NIS (1,909K)
Salt Ind. 03 annual income: NIS 229,939K, net profit: NIS 39,936K
Gama 03 annual income: NIS 8,571K, net loss: NIS (4,915K)
30.03.04 I.D.B. Holdings Dividend NIS 11. per share. Total of NIS 414,330,000
Record date: 18.04.04
X date: 19.04.04
Payment date: 06.05.04 
Intergama 03 annual income: NIS 411M, net loss: NIS (2M)
Shamir Optic Year 2003 annual turnover: NIS 280,000,000
I.D.B. Holdings Considering requesting debt resettlement for Barak 013
bonds holders. It is possible that Barak 013 could not pay
the principal of $ 120,000,000 on 2007. Interest: 12.5%.
Annual interest rate: $ 15,100,000
FiBi Year 2003 net loss: NIS 9,000,000
Clal Issuing Year 2003 net profit: NIS 209,000
Discount Bank Year 2003 net profit: NIS 168,000,000
Afcon 03 annual income: NIS 320,316K, net loss: NIS (11,285K)
Ophir 03 annual income: NIS 121,630 K, net loss: NIS (2,489K)
29.03.04 Israel Chem Year 2003 net profit: NIS 451,400,000.
Issta Lines Will become an holdings company.
New Kopel Maalot rated NIS 150M bonds as A.
Oz Hydraulic 03 annual income: NIS 31,855K, net profit: NIS 270K
Ashlad 03 annual income: NIS 38,803K, net loss: NIS (5,673K)
Brand Ind. 03 annual income: NIS 53,556K, net profit: NIS 260K
Hilan Tech 03 annual income: NIS 84,313K, net profit: NIS 5,848K
Yamit Hotel 03 annual income: NIS 19,236K, net loss: NIS (3,640K)
28.03.04 Polar Inv. First profit for the last 7Q: NIS 1,000,000.
Harel Inv. 03 annual income: NIS 401,000,000
Delek Group Delek US Holdings negotiating to purchase an Alabama
holding co. including 100 fuel stations and stores.
Est. cost: $25M + $26M of liabilities.
The target company turnover for 2003: $200M
Ytong Dividend: Total of NIS 55,000,000
The request was forward to court, requesting
court order.
If approved, the total dividend payments: NIS 135,000,000
Packer Dividend NIS 14.30 per share. Total of NIS 13,297,456
Record date: 07.04.04
X date: 08.04.04
Payment date: 22.04.04 
Afrika - Israel Dividend NIS 38.85 per share. Total of NIS 180,000,000
Record date: 01.04.04
X date: 04.04.04
Payment date: 19.04.04 
Clal Ind. Dividend NIS 1.72 per share. Total of NIS 270,000,000
Record date: 08.04.04
X date: 13.04.04
Payment date: 28.04.04 
Hod Metals 03 annual income: NIS 679,638K, net profit: NIS 2,320K
Discount Inv. 03 annual income: NIS 6,954M, net loss: NIS (26K)
25.03.04 Industrial Export In Jan. 2004 increasing by 21% annually.
Manufacturing Production In Jan. 2004 increasing by 7.4% annually
Intercosma 03 annual income: NIS 214,688K, net profit: NIS 522K
Unidress 03 annual income: NIS 71,410K, net profit: NIS 4,577K
Discount Bank UK Year 2003 loss: NIS 55,000,000.
A.L.D. 03 annual income: NIS 41,934K, net loss: NIS (3,980K)
Inspire 03 annual income: NIS 10,049K, net loss: NIS (2,716K)
Mei Eden Year 2003 net loss: NIS 20,700,000
24.03.04 Dan Hotels 03 annual income: NIS 406,300KK, net loss: NIS (9,800K)
Elco Holdings 03 annual income: NIS 9,594,958K, net profit: NIS 67,319K
Aspen Construction 03 annual income: NIS 74,830K, net loss: NIS (6,478K)
Israel Corp. - Oil Ref. Year 2003 net profit: NIS 220M.
Edgar Inv. 03 annual income: NIS 108,734K, net profit: NIS 16,089K
23.03.04 Signature Bank  (SBNY) Successful public offering for 5.4M shares at $ 15.5 / share.
Leader Tech 03 annual income: NIS 1,260K, net loss: NIS (4,641K)
Tefen 03 annual income: NIS 122,301K, net profit: NIS 4,851K
First International Year 2003 net profit: NIS 156M ( up 65%)
Optima 03 annual income: NIS 39,510K, net profit: NIS 39,510K
Bril 03 annual income: NIS 207,211K, net profit: NIS 11,144K
22.3.04 Afcon Electro 03 annual income: NIS 185.3M, net loss: NIS (6.6M)
Excellence Bashan Year 2003 net profit: NIS 66K
Delek  International 03 annual income: NIS 328,677K, net profit: NIS 111,373K
Elite - Strauss Merger approved by shareholders.
21.03.04 Priortech 03 annual income: NIS 243,031K, net loss: NIS (21,420K)
Natour 03 annual income: NIS 633,171K, net loss: NIS (4,073K)
Spacecom 03 annual income: NIS 8,700K, net profit: NIS 3,698K
Electra Consumer Maalot rated NIS 150M bonds as A+
International Tech 03 annual income: NIS 87,831K, net profit: NIS 7,937K
Clal Tour 03 annual income: NIS 314,545K, net loss: NIS (38,983K)
Osem 03 annual income: NIS 2,357,948K, net profit: NIS 133,388K
Tempo 03 annual income: NIS 551,949K, net profit: NIS 6,207K
Bezeq 03 annual income: NIS 7.9BN, net loss: NIS (437.8M)
18.03.04 Tower Semi TOWER SEMICONDUCTOR RAISES ITS Q-1 REVENUE 
GUIDANCE 
AudioCodes Astral Selects AudioCodes CPE Media Gateways to 
Deliver Voice Services over Cable Networks
Migdal Sold 4.2% of Leumi bank shares for NIS 8.65 per share.
Migdal UBS assist Migdal in selling some of Leumi bank shares.
Kamor 03 annual income: NIS 348,231K, net profit: NIS 8,338K
Nissan 03 annual income: NIS 177,605K, net loss: NIS (3,763K)
Ytong 03 annual income: NIS 577,456K, net loss: NIS (837K)
17.03.04 Ormat Ind. 03 annual income: NIS 524,490K, net profit: NIS 65,793K
Poalim Hanpakot Maalot rated bonds 22 and 23 as AA+
Nisco Proj. Dividend NIS 0.9309 per share. Total of NIS 10,500,000
Record date: 30.03.04
X date: 31.03.04
Payment date: 14.04.04 
Magam 03 annual income: NIS 56,702K, net profit: NIS 79K
Pardes 03 annual income: NIS 5,646K, net loss: NIS (275K)
Paz Hen 03 annual income: NIS 712K, net loss: NIS (9,591K)
16.03.04 Melisron 03 annual income: NIS 128,520K, net profit: NIS 48,648K
Statistics Year 2003 GDP: 1.3% compare to year 2002: - 0.8
Azorim 03 annual income: NIS 420,408K, net profit: NIS 29,052K
Ituran 03 annual income: NIS 286,935K, net profit: NIS 24,974K
TelSys 03 annual income: NIS 163,035K, net profit: NIS 14,500K
15.03.04 Discount Mortage CEO Mr. Meir Eldar submitted his resignation today.
Matav Memorandum of agreement between Partner and Matav
partner investment in matav.
Matav will issue 40% shares for $ 137M
Shemen Ind. 03 annual income: NIS 544,652K, net loss: NIS (3,037K)
14.03.04 Telkoor Telecom US customer order $ 1.3M power supplies.
Elbit Systems Elbit Systems Contract for its Portion of the Turkish Army
M60A1 Tank Modernization Program Becomes Effective
US$ 183,000,000.
Olitzki 03 annual income: NIS 96,495K, net profit: NIS 13,430K
Polgat 03 annual income: NIS 766,458K, net loss: NIS (3,125K)
Ericom 03 annual income: NIS 24,273K, net loss: NIS (2,425K)
Electra 03 annual income: NIS 1,785,431K, net profit: NIS 64,678K
Elco Ind. 03 annual income: NIS 312,323K, net profit: NIS 10,273K
11.03.04 Teldor 03 annual income: NIS 312,803K, net profit: NIS 4,434K
Delta Dividend $ 0.12 per share.
X date: 22.03.04
Payment date: 07.04.04 
Elron 03 annual income: $ 48,268K, net loss: $ (7,205K)
Delta 03 annual income: $ 580,130K, net profit: $ 23,352K
Hadera Paper 03 annual income: NIS 465,092K, net profit: NIS 60,047K
Clal Insurance 03 annual income: NIS 675,892K, net profit: NIS 427,173K
Dafron 03 annual income: NIS 71,688K, net loss: NIS (3,637K)
10.03.04 Kardan N.V Shareholders are charged in using inside information
while trading Kardan's shares.
Shemen 03 annual income: NIS 544,652K, net loss: NIS (3,037K)
Elbit Systems 03 annual income: $ 897,980K, net profit: $ 45,945K
Super - sol 03 annual income: NIS 6,321M, net loss: NIS (131M)
Nice Systems $ 3M Contract at Major International airport
Spancrete 1990 Confiscation order against the company was issued today.
09.03.04 Analyst 03 annual income: NIS 26,710K, net profit: NIS 20,451K
A.M.S Electronics 03 annual income: NIS 31,592K, net loss: NIS (809K)
Mehadrin 03 annual income: NIS 351,831K, net loss: NIS (7,883K)
Manpikim - I.D. Bank Maalot rated NIS 500M bonds risk as AA-
N.I.A. Metal Bankers rejects an attempt to change holdings
Tadiran Comm New contract to supply $ 113M of military hardware to an
Asian country.
Analyst I.M.S. Dividend for NIS 12,004,310. NIS 1.20 per share.
Record date: 23.03.04
X date: 24.03.04
Payment date: 07.04.04 
08.03.04 Gav - Yam 03 annual income: NIS 249,074K, net profit: NIS 58,158K
Magal Systems Announced that it has signed a contract for US$3.8
million to protect an International Airport in East Europe.
Gambit 03 annual income: NIS 26,041K, net profit: NIS 7,335K
Medtechnica 03 annual income: NIS 246,762K, net profit: NIS 27,785K
R.S.L. Electronics USArmy submited an order for $ 1.1M
I.D.B. Development Purchase offer for ClalTours shares.
Agis 03 annual income: NIS 1,691,554k, net profit: NIS 136,916K
Cargal 03 annual income: NIS 279,316k, net loss: NIS (2,113K)
Blue Square 03 annual income: NIS 5,170,510k, net loss: NIS (7,046K)
04.03.04 Oil Ref. Plans to issue $ 200M bonds.
At this time Oil Ref. bond are rated : AA.
This issue required for inv