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Latest Economy of Israel Stories

2014-08-19 04:22:53

TEL AVIV, Israel, August 19, 2014 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that Elbit Medical Technologies Ltd. ("Elbit Medical") (TASE: EMTC-M), a subsidiary of the Company in which it holds approximately 86% of the voting power, announced that on August 18, 2014, Gamida Cell Ltd., in which Elbit Medical holds approximately 30.8% of the voting power ("Gamida Cell") and a vast majority of Gamida Cell's shareholders...

2014-08-13 04:20:18

HAIFA, Israel, August 13, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE :ESLT) ("Elbit Systems") announced today that it was awarded an $80 million contract to supply a Latin American country with Command, Control, Computer & Communications (C4I) systems. The project, to be performed over a three-year period, is part of the Army's extensive modernization program and is designated for all echelons, from the maneuvering forces up to the command...

2014-08-11 08:21:27

AZOUR, Israel, August 11, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of NIS 0.66 per share or $0.19 per share, totaling approximately NIS 13.8 million or US$4.0 million. The dividend will be paid to shareholders of record as of September 22, 2014. The Company will pay the dividend out on October 7, 2014. In its decision to approve the distribution...

2014-08-11 08:20:50

Record Revenue of $46.6m; Record operating profit of $12.1m AZOUR, Israel, Aug. 11, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN, TASE: ITRN), today announced its consolidated financial results for the second quarter ended June 30, 2014. Highlights of the Second Quarter -- Net subscribers adds in the quarter amounting to 17 thousand, to a record of 775 thousand as of June 30, 2014; -- Record gross margins at 53.3%; -- Record operating margin at...

2014-08-04 08:21:42

FORT WORTH, Texas, August 4, 2014 /PRNewswire/ -- Elbit Systems of America, LLC, a subsidiary of Elbit Systems Ltd., announced that David Rogers has joined the company as Senior Vice President of Operations. With over 20 years of experience in roles including general management, operations, industrial manufacturing, engineering, and business development, Rogers will oversee operations of Elbit's sites in Texas, New Hampshire, Alabama, Virginia, Mississippi, and Florida....

2014-08-04 08:20:44

AZOUR, Israel, August 4, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN)(the "Company") announced today that, it received from the Israeli tax authority ("ITA") tax assessments for the years 2010-2012 amounting to NIS 36 million (approximately US$ 10.5 million). Approximately 50% is due to disallowance of various deductions and the remaining balance is due to timing differences of the deduction of certain expenses, which will be deducted in the coming...

2014-07-29 04:20:24

FORT WORTH, Texas, July 29, 2014 /PRNewswire/ -- Elbit Systems of America, LLC, is pleased to announce initial deliveries of our latest F-16 avionics upgrades, the Center Pedestal Display (CPD) and updated Common Data Entry Electronics Unit (CDEEU) to Lockheed Martin. These systems were delivered in support of avionics integration in Lockheed Martin's F-16 Systems Integration Lab and represent just one of many F-16 avionics upgrades that Elbit is supporting around the world....

2014-07-23 08:30:46

TEL AVIV, Israel, July 23, 2014 /PRNewswire/ -- Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company") announced today, following its announcement dated July 1, 2014 (the "Previous Announcement"), that following the Court's approval the transactions contemplated by the settlement between the Company and Bank Leumi Le Israel B.M. ("Bank Leumi") have been consummated. Under the settlement, Bank Leumi received ownership of all marketable securities held in the...

2014-07-21 16:28:53

TEL AVIV, Israel, July 21, 2014 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today further to the Company's announcements made on March 27, 2014 and June 26, 2014, that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) ("Plaza"), has announced that following the Dutch Court (the "Court") approving Plaza's restructuring plan (the "Plan") on July 9, 2014, Plaza has received confirmation that the decision of the...

2014-07-16 08:20:43

Conference Call Scheduled at 9am ET AZOUR, Israel, July 16, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN , TASE: ITRN), announced that it will be releasing its second quarter 2014 results on Monday, August 11, 2014. The Company will also be hosting a conference that day at 9am Eastern Time. On the call, management will review and discuss the results, and will be available to answer investor questions. To participate, call one of the...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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