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ICL Israel Chemicals Ltd (ICL.TA)

ICL.TA on Tel Aviv Stock Exchange

1,514.00ILa
28 May 2017
Change (% chg)

-12.00 (-0.79%)
Prev Close
1,526.00
Open
1,526.00
Day's High
1,534.00
Day's Low
1,514.00
Volume
511,018
Avg. Vol
1,497,336
52-wk High
1,825.00
52-wk Low
1,336.00

Latest Key Developments (Source: Significant Developments)

Israel Chemicals first quarter revenue up
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - ICL Israel Chemicals Ltd , ICL.N:Israel Chemicals (ICL) reported on Wednesday first quarter revenue of $1.3 billion versus $1.27 billion a year earlier..ICL reported adjusted net profit of $68 million for the quarter, versus $85 million a year earlier..The company's quarterly revenue view was $1.32 billion and adjusted net profit view $63.3 million, according to Thomson Reuters I/B/E/S.ICL declared a quarterly dividend of $34 million..  Full Article

Israel Chemicals in talks to sell 50 pct stake in IDE
Tuesday, 25 Apr 2017 06:38am EDT 

April 25 (Reuters) - ICL Israel Chemicals Ltd ::Says it is holding negotiations for sale of 50 percent stake of IDE Technologies.  Full Article

ICL adjusts its organizational structure
Wednesday, 12 Apr 2017 06:33am EDT 

ICL Israel Chemicals Ltd : ICL adjusts its organizational structure . ICL Israel Chemicals Ltd - ICL essential minerals to serve as ICL's agro division and ICL specialty solutions as company's industrial division . ICL Israel Chemicals Ltd - ICL specialty fertilizers becomes a part of ICL's essential minerals division .ICL Israel Chemicals Ltd - Operating ICL SF under essential minerals is expected to create synergies.  Full Article

Israel Corp says consolidated net income for Q4 was $3 million
Wednesday, 29 Mar 2017 03:24pm EDT 

Israel Corporation Ltd : Israel Corp. Reports results for the fourth quarter and 2016 .Israel Corporation Ltd - IC's consolidated net income for Q4 of 2016 was $3 million compared with $50 million in Q4 of 2015.  Full Article

Evogene, ICL Innovation enter multi-year R&D collaboration
Tuesday, 14 Feb 2017 07:00am EST 

Evogene Ltd :Evogene Ltd - co, ICL Innovation entered a multi-year research and development collaboration for discovery of novel crop enhancers.  Full Article

ICL announces dismissal of motion for approval of Class Action
Tuesday, 20 Dec 2016 03:48am EST 

Icl Israel Chemicals Ltd : ICL announces dismissal of motion for approval of a class action .ICL Israel Chemicals - court also ruled that plaintiff shall pay to company and other defendants a portion of trial expenses and attorneys' fees.  Full Article

ICL Israel Chemicals reported Q2 EPS $0.09
Wednesday, 10 Aug 2016 06:25am EDT 

ICL Israel Chemicals Ltd : Q2 sales $1.4 billion versus $1.2 billion . ICL reports Q2 2016 results . Qtrly EPS - $0.09; adjusted EPS - $0.10 . Performance of co's potash and phosphate businesses continues to be negatively impacted by low prices and a highly competitive market . Has decided to accelerate transition from extracting and producing potash to producing polysulphate at its ICL UK mine . Decided to accelerate transition from extracting and producing potash to producing polysulphate at its ICL UK mine . Phosphate results are expected to improve during second half of year . Performance of co's potash,phosphate businesses continues to be negatively impacted by low prices and highly competitive market . Potash market operated in a "suspended mode" during Q2 of 2016 due to delays in renewal of contracts with Chinese and Indian importers . Decision regarding ICL UK mine is expected to reduce mine's potash production year-on-year . Currently reviewing,evaluating economic,operational implications of changes including potential impact on workforce numbers .Q2 earnings per share view $0.06, revenue view $1.26 billion -- Thomson Reuters I/B/E/S.  Full Article

ICL signs potash contract for customers in China
Tuesday, 26 Jul 2016 06:25am EDT 

ICL Israel Chemicals Ltd : Agreements also include options to purchase additional quantities; contracts are for delivery during 2016. . Icl signs contracts to supply 700,000 metric tonnes of potash to its customers in China .Contracts are part of three-year framework agreements between icl and its Chinese customers..  Full Article

ICL Israel Chemicals posts Q1 earnings of $0.05/share
Wednesday, 18 May 2016 06:54am EDT 

ICL Israel Chemicals Ltd : ICL Israel Chemicals reports Q1 2016 results . Qtrly earnings per share $0.05 . Q1 sales fell 9.7 percent to $1.27 billion . Qtrly adjusted EPS of approximately $0.07 . Q1 earnings per share view $0.08, revenue view $1.30 billion -- Thomson Reuters I/B/E/S . Company's lower sales in quarter is attributed primarily to a decrease in volumes sold and a drop in selling prices . Sets quarterly dividend of $0.03 per share . For 2016 and 2017, ICL's dividend payout ratio will comprise up to 50% of its adjusted annual net income . Qtrly operating income was impacted by lower sales volumes and prices in fertilizers segment . Says adjusted company's dividend policy . Says to limit capital expenditures (excluding acquisitions) so as not to exceed $650 million a year in 2016 and 2017 . ICL Israel Chemicals Ltd qtrly potash production 1.4 million tonnes versus 834,000 tonnes . "Potash market is adversely affected by delay of 2016 contracts with China, which is usually a trigger for other markets" ."Weak sales to China and India also hurt potash business profit margins".  Full Article

ICL Israel Chemicals Ltd appoints Johanan Locker as Chairman
Wednesday, 20 Apr 2016 04:09pm EDT 

ICL Israel Chemicals Ltd:Johanan Locker has been appointed the next Chairman of the Board of Directors of ICL.Appointment is based on the recommendation of a search committee established by ICL's Board following the recent resignation of Nir Gilad as Chairman of the company.  Full Article

More From Around the Web

BRIEF-Israel Chemicals in talks to sell 50 pct stake in IDE

* Says it is holding negotiations for sale of 50 percent stake of IDE Technologies Further company coverage: (Reporting by Ari Rabinovitch and Tova Cohen)