Business News Archive - May 16, 2011

TEL-AVIV, Israel, May 16, 2011 /PRNewswire-FirstCall/ -- ICL (TASE:ICL), a multinational fertilizer and specialty chemicals company, today reported its financial results for the first quarter ended March 31, 2011. Financial Results The first quarter of 2011 was the Company's second best Q1 on record (second only to Q1 2008, an exceptional "spike" year for the fertilizer industry) despite the the Dead Sea Work's 44-day strike during the quarter (see below), which impacted the quantity of potash sold.

HAIFA, Israel, May 16, 2011 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (the "Company") (NASDAQ: ESLT, TASE: ESLT), the international defense company, reported today its consolidated financial results for the first quarter ended March 31, 2011. (Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 ) In this release, the Company is providing its usual US-GAAP ("GAAP") results as well as additional non-GAAP financial data, which are intended to provide investors a more comprehensive understanding of the Company's business results and trends.

HADERA, Israel, May 16, 2011 /PRNewswire-FirstCall/ -- Hadera Paper Ltd. (AMEX:AIP) (the "Company" or "Hadera Paper") today reported financial results for the first quarter ended March 31, 2010 (the "Reported Period").

GENEVA, May 16, 2011 /PRNewswire/ -- Boeing (NYSE: BA) today announced the first five customers for 747-8 Intercontinental VIP airplanes will have the option to use loaned GEnx-2B engines that will be replaced with the latest production-configuration GEnx engines upon completion of the airplanes' interiors. Called the GE Pusher Program, Boeing will use GEnx engines from flight test airplanes or the lease pool to ferry the 747-8 Intercontinental VIPs to the completion center of the customer's choice. "At Boeing Business Jets, we work very closely with our customers to ensure we're providing the products and services that best fit their needs," said Capt.

SINGAPORE, May 16, 2011 /PRNewswire/ -- Today, defense and security company Terma marks the expansion of its business activities and opens its new office in Singapore emphasizing the company's strong focus on the Asian market. Terma opened its first office in Singapore in 2007 to support the growing radar business and to move closer to the many customers in the region.

ROSH HAAYIN, Israel, May 16, 2011 /PRNewswire-FirstCall/ -- Pointer Telocation Ltd.

TEL AVIV, Israel, May 16, 2011 /PRNewswire-FirstCall/ -- The Makhteshim Agan Group (TASE: MAIN), the world leader in branded off-patent crop protection solutions, today reported financial results for the 2011 first quarter, ended March 31, 2011. FINANCIAL HIGHLIGHTS Below are key financial metrics for 1Q 11: In millions of US$ 1Q 2011 1Q 2010 Change Sales 780.5 723.1 8.0% EBITDA 143.2 132.8 8.0% Gross profit 255.5 232.9 9.7% Gross margin 32.7% 32.2% Operating profit 112.1 106.5 5.3% Net income 91.7 70.9 29.4% Mr.

LONDON, May 16, 2011 /PRNewswire/ -- Helping to save the planet has just become a whole lot easier for bikers with a cause as motorcyclists can now source greener motorcycle insurance policies for their bike through one of the UK's leading price comparison websites comparethemarket.com.

GENEVA, May 16, 2011 /PRNewswire/ -- - Large Cabin Jet for the Super Mid-Size Market; Will Lead in Airport Performance, Range, Efficiency and Style Dassault Falcon today launched the Falcon 2000S, bringing a large cabin aircraft to the super mid-sized business jet market.

Word of the Day
  • An uxorious, effeminate, or spiritless man.
  • A timorous, cowardly fellow.
Probably a blend of meek and cock, or from meek +‎ -ock (“diminutive suffix”).