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Latest Economy of Israel Stories

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...

2014-07-15 04:20:34

Conference Call Scheduled for August 6, 2014 at 9:00am ET HAIFA, Israel, July 15, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that it will be releasing its second quarter 2014 financial results on Wednesday, August 6, 2014. The Company will also be hosting a conference call later the same day, Wednesday, August 6, 2014 at 9:00am Eastern Time. On the call, management will review and discuss the results and will be available to answer...

2014-07-13 12:20:39

TEL AVIV, Israel, July 13, 2014 /PRNewswire/ -- Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company") announced today, that Plaza Centers N.V. ("Plaza"), a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds directly and indirectly approximately 62.5% of the outstanding shares, announced following its Annual General Meeting held on July 8, 2014, that the following individuals shall be appointed to its board...

2014-07-10 12:30:58

TEL AVIV, Israel, July 10, 2014 /PRNewswire/ -- Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company") announced today, following its announcement dated June 26, 2014, that Plaza Centers N.V. ("Plaza"), a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds directly and indirectly approximately 62.5% of the outstanding shares, and following the confirmation hearing held yesterday, that the Dutch Court has...

2014-07-01 04:22:47

TEL AVIV, Israel, July 1, 2014 /PRNewswire/ -- Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company") announced today, following its announcement dated February 20, 2014 (the "Previous Announcement"), that the Company and Bank Leumi Le Israel B.M. ("Bank Leumi") have reached an agreement on the terms of a proposed settlement of the parties' disputes with respect to the Company's debt to Bank Leumi (the "Settlement"). The consummation of the Settlement is subject...

2014-06-23 08:20:19

FORT WORTH, Texas, June 23, 2014 /PRNewswire/ -- Elbit Systems of America, LLC, a subsidiary of Elbit Systems Ltd. announces that Leanne Collazzo has joined the company as Vice President of Commercial Aviation. Collazzo has over 25 years of experience in the Aerospace and Defense industry, including roles in general management, operations, engineering, and marketing. Collazzo is a graduate of the United States Military Academy, West Point, NY and retired as a Lieutenant...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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