TEL AVIV, Oct 3 Hedge fund managers recommended
buying Japanese equities and shares in German utility E.ON
, and shorting AT&T debt among their top
investment picks at the Sohn investment conference in Tel Aviv
JERUSALEM Companies operating in both Israel and Egypt will buy a 39 percent stake in the EMG pipeline to enable a landmark $15 billion natural gas export deal to begin next year, the partners said on Thursday.
TEL AVIV, Aug 16 Israel's largest lender Bank
Hapoalim reported higher quarterly net profit that
topped estimates, but put its second quarter dividend on hold
for now due to a U.S. tax evasion investigation.
TEL AVIV Israeli shares jumped nearly 2 percent on Sunday after Standard & Poor's upgraded the country's sovereign debt rating, and analysts said that in the short term the move would boost stocks, bonds and the shekel.
TEL AVIV Teva Pharmaceutical Industries on Thursday raised its profit outlook for 2018 after reporting a smaller than expected drop in second-quarter net profit, but its shares tumbled eight percent on disappointment over its unchanged revenue outlook.
TEL AVIV Network security provider Check Point Software Technologies reported a better-than-expected second quarter net profit and doubled its overall share repurchase program on Wednesday to $2 billion.
REHOVOT, Israel Israeli defense firm Elbit Systems on Thursday unveiled a 1.6 ton unmanned aircraft vehicle (UAV) designed to fly in airspace currently reserved for piloted civilian planes as a race heats up to deploy military drones outside combat zones.
TEL AVIV A former employee of cyber surveillance company NSO Group has been charged with stealing intellectual property and trying to sell it for $50 million over the Darknet in a manner that could harm state security, Israel's Justice Ministry said.
TEL AVIV BrainStorm Cell Therapeutics Inc will not make its experimental stem cell treatment for neurodegenerative diseases available under the new U.S. "Right to Try" (RTT) act, citing a failure to find a way to enable all patients to afford the treatment.
TEL AVIV Cybersecurity firm McAfee is looking at further acquisitions after buying security provider SkyHigh Networks this year and has not ruled out going public again to widen its options, its chief executive said.