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| Stock exchange and the latest financial / business news. | |||||
| News 22.04.2005 - 16.08.2006 | |||||
| News 25.10.2004 - 21.04.2005 click here. | |||||
| News 03.05.2004 - 24.10.2004 click here. | |||||
| News before 03.05.2004 click here. | |||||
| Copyright © 2006 i.B.D.C. All rights reserved | |||||
| 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. | |||||
| 16.08.06 | Tel-Aviv | Tel-Aviv 25: 802.80 | |||
| Stock Exchange | Tel-Aviv 100: 823.32[1] | ||||
| Tel-Tech15: 342.14 | |||||
| Kamur | Purchase six real estate assets in West Germany for € 52.2M | ||||
| Magal Systems | New orders for $ 1.7M | ||||
| Ituran | 2nd Q income: $ 25M | ||||
| Comverse | Mr. Kobbi Alexander (Chairman) wanted by the FBI. | ||||
| 07.08.06 | Comverse | Request SEC to delay F20 deadline | |||
| M System | Increase in turnover by 72%. | ||||
| Alon USA | 2nd Q net profit: $ 43.1M | ||||
| Koor Industries | 2nd Q net loss: $ 21.3M | ||||
| Oil Refineries | Ashdod facility sold to Zadik Group. | ||||
| Teva | Year 2006 estimated turnover: $ 2.17Bn | ||||
| Delek | Purchase Republic Insurance Co. (USA) | ||||
| 27.06.06 | Fishman Eliezer | Estimated loss in the currency marker increased to (Turkish Lira): $ 400M | |||
| Retalix | Dutch food retailer Laurus has selected Retalix StoreLine | ||||
| as the in-store solution for its 400 supermarkets in Holland. | |||||
| GOLAN FINE CRAFTS | Criminal investigation against company's chairman Mr. Oded Dasso | ||||
| Mr. Dasso allegedly holds $ 4.8M of company's money. | |||||
| SEC ordered suspension of trade in company's shares. | |||||
| Tel-Aviv Stock Ex. | Tel-Aviv 25 = 796.32 | ||||
| Tel-Aviv 100 = 809.25 | |||||
| TelTech 15 = 354.64 | |||||
| Marvell (MRVL) | Purchase Intel's communication chips mfg. company (including DSPC) | ||||
| for $ 600M | |||||
| 15.06.06 | Bank of Israel | Published misleading information to the public. | |||
| Consumer Price Index | Remains unchanged for June 2006 | ||||
| Eli Reifman | Delays in payment of $ 70M bonds. | ||||
| Dor - Alon | The supreme court reject attempt to merger with Sonol. (Granit Carmel ). | ||||
| 07.06.06 | Eli Reifman | Delays in payment of $ 70M bonds. | |||
| Requested the local court to permit dividend payments from | |||||
| Emblaze although the company never made any net profit. | |||||
| Mr. Reifman issued personal bonds for $ 70M at 5%. | |||||
| The trustee, Leumi Bank ordered to pay off the bonds. | |||||
| Ormat | Ormat Tech. new construction orders for $ 29M in Canada. | ||||
| Zim | Purchase 8 containers ships from Hyundai for $ 1Bn. | ||||
| 25.05.06 | Hapoalim Bank | 1Q 2006 net profit: $ 262M | |||
| Fishman Eliezer | Estimated loss in the currency marker (Turkish Lira): $ 220M | ||||
| Mr. Fishman is a major shareholder in: | |||||
| C.A.L. (Visa) Ltd., Yediot Aharonot Ltd., Globes Publishing Ltd., | |||||
| Alliance Ltd., Home Centers Ltd., Mega Sport Ltd., Best Buy Ltd. | |||||
| HOT | Year 2005 turnover: $ 463M. Net loss: $ (122M) | ||||
| 17.05.06 | Cellcom | 1Q 2006 net profit down to : $ 27M | |||
| Financial exp. increased to $ 4.5M | |||||
| Retained earning in 2005: $ 740M. (Before dividend). | |||||
| Retained earning in 1Q2006: $ 10M. | |||||
| Decrees in Cash 1Q2006: 3$ 334M | |||||
| Cellcom | Will issue bonds for $ 65M. | ||||
| I.D.B. | Expecting Cellcom's dividend for $ 61M | ||||
| Elbit Systems | 1st. Q 2006 net profit: $ 14.5M. | ||||
| 11.05.06 | Israeli Banks | Total income from distribution commissions for a year : $ 130M | |||
| Tel-Aviv Stock Exch | Tel-Aviv 100 = 916.11 | ||||
| TelTech = 415.39 | |||||
| Machteshim Agan | 1Q income: $ 494M. Net profit: $ 57.7M. (Down 5%) | ||||
| Deutsche Bank AG | Purchase 3.06% of Israel Discount Bank shares. Option for additional 3%. | ||||
| Alon USA | 1Q 2006 net profit: $ 54M | ||||
| Teva Pharm.. | 1Q 2006 net loss: $ 1Bn. | ||||
| 05.05.06 | Iskar ( IMC ) | Wertheimer sold 80% shares to Berkshire Hatherway for $ 4Bn. | |||
| Iskar average turnover for the last 5 years estimated a $ 1.2Bn. | |||||
| Net profit estimated at 20% - 30% of turnover. | |||||
| 01.05.06 | Comverse Tech. | The chairman and CEO Mr. Alexander announced his resignation. | |||
| I.D.B. Inv. | Purchase 30% of Koor Ind. For $ 450M. | ||||
| 27.04.06 | Orckit | Year 2005 net profit: $ 5,800K | |||
| Emblaze BLZ | Year 2005 turnover: $ 130M, Net loss ($ 21M) | ||||
| Tschuva | Negotiations to purchase Koor Industries for $ 330M | ||||
| 17.04.06 | Barak 013 | Negotiation to merge with Netvision. | |||
| MMN | Decrease in profit. Layoff 30 employees. | ||||
| New Pharm | Merger with Super Sol maybe approved. | ||||
| Clal Insurance | Purchase Ilanot Discount for $ 123M | ||||
| Lipman | Veriphone will purchase holdings at $ 800M | ||||
| 09.04.06 | Citibank | If more then $ 50M lawsuits are forward against Cellcom we have | |||
| Cellcom | the option to ask clearing of the $ 300M loan. | ||||
| dor - Alon | Merger with Sonol was approved. | ||||
| IAI | Year 2005 turnover: $ 2.3Bn. Net profit: $ 25M | ||||
| Hapoalim Bank | Year 2005 net profit: $ 624M | ||||
| 22.03.06 | Dor Alon | Year 2005 net profit: $ $ 7.6M | |||
| Lipman | VeriFone offer to purchase holdings for an estimated $ 850M ( more then | ||||
| 20% of market value). | |||||
| Tnuva | Year 2005 turnover: $ 1.140Bn, net profit: $ 43.35M | ||||
| 20.03.06 | Efkon | Year 2005 turnover: $ 26.5M. Net profit: $ 1.2M | |||
| Discount Investments | Year 2005 net profit: $ 97M | ||||
| 19.03.06 | IAI | Elta negotiates selling Falcon EWCS system for $ 1.1Bn to S. Korea. | |||
| Refael | Year 2005 income: $ 800M, Orders in process: $ 1.8 Bn. | ||||
| 17.03.06 | Azurim Ltd. | Dankner (I.D.B.) sell all holdings to Boymelgreen for estimated value | |||
| $ 500M before dividend. | |||||
| 15.03.06 | Golf Group. A.K. | Dividend NIS 2.0236 per share. Total of NIS 60M | |||
| Record date: 23.03.2006 | |||||
| X date: 26.03.2006 | |||||
| Payment date: 09.04.2006 | |||||
| Crystal Consumer | Year 2005 turnover: NIS 270,427K. Net profit: NIS 11,563K | ||||
| CitiBank | May request change loans terms if lawsuits against Cellcom will | ||||
| exceed $ 50M. Citibank loans to Cellcom are estimated at $ 350M. | |||||
| Lawsuits against Cellcom are expected to exceed $ 100M in | |||||
| property damages and health's risks. | |||||
| Cellcom turnover is expected to decrease due to WiFi technology | |||||
| enabling free VOIP. | |||||
| 08.03.06 | TASE | ||||
| Tel-Aviv 25 = 812.64 | |||||
| Tel-Aviv 100 = 834.94 | |||||
| Tel-Tech = 436.72 | |||||
| Elbit (VSI) | New contract for $ 71M from Lockheed Martin's F-35 | ||||
| Ormat Tech. | Year 2005 net profit: $ 15.2M | ||||
| Haifa Chemicals | Shareholder negotiates to sell holdings. | ||||
| El-Op | $ 35M contract was cancelled by the Turkish. | ||||
| Alon USA | Year 2005 net profit: $ 104M | ||||
| 09.02.06 | Bluephoenix Solu. | announced today that pursuant to the Company’s prospectus dated | |||
| February 1, 2006 the company has successfully completed an underwritten | |||||
| public offering of convertible notes in Israel. | |||||
| Maariv Holdings | Maalot rated Maariv's bonds as A. | ||||
| Discount Invest | Sold all holdings in Tafron Ltd. for NIS 80M | ||||
| 02.02.06 | Discount Investments | Cellcom will have to pay compensation to people living near radiation | |||
| facilities, further mote, Cellcom may be responsible for properties and | |||||
| health damages. | |||||
| It is reasonable to estimate that a multi million $ suites will be submitted. | |||||
| 24.01.06 | First International | Purchase Otzar Hahayal Bank from Hapoalim Bank for $ 152M. | |||
| First Interantional Bank paid 182% of Otzar Hahayal capital. | |||||
| 19.01.06 | Ormat Tech | Submitted From F-3 ( of the self balance sheet ) to the SEC in attempt | |||
| to raise up to $ 1BN in bonds and options | |||||
| IsraAir | Authorized to operate flights from Tel-Aviv to N.Y. on normal basis. | ||||
| Groupe Coface | Purchase 60% of BDI shares. | ||||
| Cellcom | Multi millions Dollars lawsuits against the company. | ||||
| 02.01.06 | TASE | Trading in Industries & Investments Of Sefen shares are suspends. | |||
| ( SEFEN ) | The company did not submitted balance sheet on time. ( 30.09.05) | ||||
| The Israeli SEC conduct an inquiry. | |||||
| Shamir Food Ind. | Uncertainty bout company's ability to pay debts. | ||||
| Elisra | New contract from Hungarian Air Force for $ 80M | ||||
| 01.01.06 | Elite-Strauss | Increase international activities to 50%. | |||
| Teva Pharm. | FDA approves generic Simvastatin market value at $ 4.4Bn. | ||||
| * * * * * * * * * * * * * * * * * * * | |||||
| 31.12.05 | Year 2005 | Tel Aviv 25: + 33.2% | |||
| Tel Aviv 100: + 29.4$ | |||||
| Tel Bank: + 55.2% | |||||
| Interest rate: 4.5% | |||||
| Total capital raised in Tel Aviv Stock Exchange (TASE): $ 11.35Bn | |||||
| Total value of TASE: $ 222.39Bn (+28%). | |||||
| Corrency rates: | |||||
| US$ = 4.6030 | |||||
| € = 5.4465 | |||||
| ₤ = 7.9406 | |||||
| ¥ 100 = 3.9211 | |||||
| Can$ = 3.9642 | |||||
| Aus$ = 3.3772 | |||||
| CHF. = 3.4985 | |||||
| Elite-Strauss | Merger by Elite-Strauss International with Santa Clara coffee co. from Brazil. | ||||
| The merger company will be Brazil's second largest coffee company. | |||||
| Oil Refineries | A dividend for $ 100M | ||||
| 22.12.05 | ELBIT MEDICAL | Dividend $1.11 per share. Total of $28.2M | |||
| Record date: 22.12.2005 | |||||
| X date: 04.01.2006 | |||||
| Payment date: 17.01.2006 | |||||
| 13.12.05 | Ormat | Sell holdings in Orbotech for $ 7.2M | |||
| IAI | New contract from Australian Air Force. | ||||
| Elbit Systems | New contract in S. Korea for $ 260M | ||||
| 24.11.05 | El Al | 3rd Q 2005 turnover: $ 485.2M. Net profit: $ 52.2M | |||
| B.D.I. | 18 International Air Lines companies submitted a law suit for NIS 2,900,000 | ||||
| Business Data Israel | agains B.D.I - Business Data Israel Ltd. | ||||
| 16.11.05 | Machteshim Agan | Shares buy-back was initiated for $ 150M | |||
| Dor Chemicals | Dankner's holdings are for sale. | ||||
| D.B.S. (YES) | 3rd Q net loss: $ 21.3M | ||||
| Cellcom | 3rd Q net profit down to: $ 30.6M | ||||
| 08.11.05 | Tower Semiconductor | The 2005 third quarter loss was $55.4 million. | |||
| Teva Pharm. | 3rd Q 2005 turnover: $ 1.3Bn. Net profit: $ 267M | ||||
| Discount Bank | Negotiations to purchase Union Bank for $ 220M | ||||
| 01.11.05 | 888.com | 3rd Q 2005 turnover: $ 70M | |||
| Super - Sol | Maalot rated Super - Sol $ 110M bonds as ( AA ) | ||||
| Leumi Bank | Purchase 95% of Eurom Bank S.A. in Romania for $ 41.7M | ||||
| Elbit Systems | A joint venture with Rockwell Collins, VSI, awarded JHMCS contracts | ||||
| valued at more than $100 million. | |||||
| 30.10.05 | M Systems | Submitted a prospectus in attempt to issue shares in $ 200M | |||
| I.M.I | Israeli Military Ind. Employees will receive today a partial salary payments. | ||||
| Hapoalim Bank | Will purchase 10% of Cellcom for $ 200M | ||||
| Partner | Fishman, Delek Group and Yediot Group negotiation to purchase | ||||
| Partner from Orange Group. | |||||
| 19.10.05 | Hapoalim Bank | Purchase 15% of Delek Real Estate from Mr. Tshuva. | |||
| Mr. Tshuva will purchase Hapoalim holdings in Industrial Buildings Ltd. | |||||
| State of Israel | No. 28 in corruption of government and civil sectors. | ||||
| I.D.B. Inv. | Leumi Bank can be a part of our portfolio. | ||||
| 07.10.05 | I.D.B. | Dividends from Clal and Discount Investments for $ 130M | |||
| Errison | Attempts to sell Shikun U Binui for $ 390M | ||||
| Check Point | Purchase Sourcefire for $ 225,000,000 | ||||
| ClubMarket | Settlement with creditors was established. Total debts: $ 160M | ||||
| Comverse | Purchase GSS for $ 251,000,000 | ||||
| KNAFAIM - ARKIA | Sold holdings ( 24.9%) in Kishrey Teufa for $ 1,018,000 | ||||
| ELBIT SYSTEMS LTD | Elbit Systems Awarded a $57 Million Framework Contract (IDIQ), To | ||||
| Supply the Aviator’s Night Vision Imaging System/Heads Up Display | |||||
| (ANVIS/HUD) System for US Army and other DOD Helicopters | |||||
| JERUSALEM ECONOMIC | Negociations to purchase 8 assets in Germany for € 14,600,000 | ||||
| 23.09.05 | Taro | FDA approved a generic Bactroban. | |||
| Israel Corp. | Negotiations to purchase government holdings in Oil Refineries | ||||
| on a dead end. | |||||
| The State: "We will prosecute the Israel Corp for backing up from an | |||||
| agreement. The Israeli Corp continued its negotiations methods since | |||||
| purchasing government shares in Zim". | |||||
| Bino Zadik | May purchase some holdings in Cellcom from I.D.B. | ||||
| Phoenix | Delek will increase holding to 45.35% to mach Shahar - Kez holdings. | ||||
| 22.09.05 | Cellcom | A multi million $ lawsuits are forwards. Cellcom antennas may cause | |||
| cancer. Cellcom continue to install antennas in apartments buildings. | |||||
| I.D.B Investments | Finalized Cellcom purchase. | ||||
| Medinol | Boston Scientific will pay $ 750M as compensation. All previous | ||||
| agreements are cancelled. Medinol agreed stop any legal | |||||
| actions against BS. | |||||
| 19.09.05 | Delek Group | Purchase 33% of The Phoenix Insurance Co. from Mr.Shlomo Eliyahu | |||
| for $ 200M. | |||||
| Tower Semi. | Cooperation with SandDisk. | ||||
| Scop | Agreement to purchase $ 36 - 38M of aluminum. | ||||
| Military Ind. | Government try to sell its holdings. | ||||
| 13.09.05 | PERRIGO COMPANY | Has received tentative approval from the U.S. FDA to manufacture | |||
| and market Famotidine Tablets USP, 20 mg | |||||
| Hapoalim Bank | Will purchase holdings in C- Kredi ve Kalkimna Bankasi A.S for $ 113M | ||||
| Dor Chemicals | Dankner negotiating to sell holdings. | ||||
| 04.09.05 | ITURAN | Submitted registration statement on form F-1 to the SEC. ( NASDAQ ) | |||
| STRAUSS-ELITE LTD | Completed purchasing MK PREMIUM coffee brand in Poland for $ 31M | ||||
| 24.08.05 | Omnitech | 2Q 2005 turnover: $ 28,517K. Net profit ( loss ): $ 199K | |||
| Ace | The Receiver request court decision between two offers. | ||||
| Gaon Zbeida offer was not approved yet. | |||||
| 23.08.05 | Blue Square | Bronfman-fisher shall sell to Alon ordinary shares in Bronfman Alom ( the | |||
| holder of approximately 77.63% of Blue Square's outstanding shares) in | |||||
| consideration for 30 million dollars, according to a company value, which | |||||
| reflects the company’s value (100%) of approximately $462 million dollars | |||||
| for Blue Square [before reducing the liabilities of Bronfman Alon]. | |||||
| Internet Gold | Purchase 50% of Internet site Tipo. | ||||
| C.I.L. | 2Q 05 net profit: $ 22.48M | ||||
| 22.08.05 | Pinnes Ofir | Compensation from cellular companies. (Cellcom, Orange and Pelephone) | |||
| Cellcom continue its brutal activities against residents near the company's | |||||
| antennas all over the country. | |||||
| I.E.C | 2Q 2005 turnover: $ 1.5Bn. Net profit ( loss ): $ 89M | ||||
| Oil Refineries | 2Q 2005 turnover: $ 1.5Bn. Net profit ( loss ): $ 89M | ||||
| Castro Model | 2Q 2005 turnover: $ 22M. Net profit ( loss ): $ 1.6M | ||||
| Super - Sol | Purchase Club Market Ltd. | ||||
| Gaon Zbeida Group. | Purchase Ace Buy & Build Ltd. For $ 21M | ||||
| 16.08.05 | Ikea Israel | Year 2004 turnover:$ 77M. Net profit: $ 7.8M | |||
| Year 2005 estimated turnover increase by 8%. | |||||
| Dankner - I.D.B.Inv | Sign the agreement to purchase Safra's shares in Cellcom. | ||||
| Discount Investment | The agreement with BellSouth is expected during next month. | ||||
| Discount Investment will pay $ 720M for Safra's 34.75% holdings. | |||||
| Discount Investment will pay $ 1,350M for Cellcom. | |||||
| It is reasonable to estimate that Cellcom's retained earning will | |||||
| used for dividends during this year. ( $ 700M | |||||
| Cellcom as other cellular companies is under attack from home owners | |||||
| and resident who lives near the microwave antennas. | |||||
| A nation wide protests against the cellular companies is expected to | |||||
| continue. | |||||
| The Safra family sold holdings in Cellcom as part of strategic decision | |||||
| to avoid any business activities in Israel. During year 2004 Safra sold | |||||
| holdings in The First International Bank in Israel. | |||||
| Index | The consumer price index in 07/2005 was 1.1%. | ||||
| The expected inflation in year 2005 2%. | |||||
| MAMAN- CARGO | Arcive Year 2000 Ltd. purchase Arcive Jerusalem Ltd. for $ 1,750K | ||||
| El - Al | 2Q 2005 turnover: $ 423M. Net profit ( loss ): $ 30M | ||||
| A decrease in turnover and profit can be expected in an "Open Sky" | |||||
| policy will be enforce by the Israeli government. | |||||
| 15.08.05 | Club Market | Expected to request to extend the " Stay of proceeding" status. | |||
| Mei Arad | Request "Stay of proceedings" for a $ 40M debts. | ||||