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Latest Economy of Israel Stories

2013-10-17 04:20:06

FORT WORTH, Texas, October 17, 2013 /PRNewswire/ -- For the past two decades, Elbit Systems of America engineers and manufacturing personnel have been developing, producing and supporting sophisticated avionic systems for many advanced aircraft such as the AH-64E, V-22, F/A-18 E/F and the F-35. Now, in support of the US Army's H-60L digital cockpit upgrade, Elbit Systems of America is leveraging its Fort Worth, Texas based systems integration capabilities and experience to...

2013-10-16 04:21:11

HAIFA, Israel, October 16, 2013 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a follow-on contract to supply advanced Helmet Mounted Display (HMD) systems for the Republic of Korea Army's SURION helicopter. The contract, which is in an amount that is not material to Elbit Systems, will be performed over a four-year period. Elbit Systems will supply the HMD systems to Korea Aerospace Industries Ltd....

2013-10-10 08:34:55

TEL AVIV, Israel, October 10, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's press release dated October 3, 2013 that the Tel Aviv District Court ordered, that as allegedly the majority of the Noteholders supported the adjusted plan of arrangement as submitted by the Company on September 18, 2013, there is no reason why not to approve the same at Noteholders meetings that will be convened within 7...

2013-10-01 08:28:21

TEL AVIV, Israel, October 1, 2013 /PRNewswire/ -- Elbit Imaging Ltd. (NASDAQ: EMITF) ("EI" or the "Company") today announced the results of the General Meeting of its shareholders held September 30, 2013, in Bnei-Brak, Israel. At the meeting, Proposal No. 2 as set forth in EI's proxy statement dated August 26, 2013, namely, the reelection of Mr. Zvi Tropp as one of the Company's external directors, whose previous term has recently expired, was duly approved....

2013-10-01 08:24:21

NEW YORK, October 1, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting Marathon Petroleum Corporation (NYSE: MPC), Valero Energy Corporation (NYSE: VLO), KiOR, Inc. (NADAQ: KIOR), Delek US Holdings, Inc. (NYSE: DK), and PBF Energy Inc. (NYSE: PBF). Today's readers may access these reports free of charge - including full price targets, industry analysis...

2013-08-28 08:21:51

TEL AVIV, Israel, Aug. 28, 2013 /PRNewswire/ -- Delek Group Ltd. (TASE: DLEKG, OTCQX: DGRLY) (hereinafter: "Delek Group" or "The Group") announced today its results for the three and six month period ended June 30, 2013. The full financial statements will be available in English on Delek Group's website at: www.delek-group.com. First Six Months 2013 Highlights - Net income reached NIS 555 million for the reporting period, compared with NIS 150...

2013-08-21 04:21:22

TEL AVIV, Israel, August 21, 2013 /PRNewswire/ -- Elbit Imaging Ltd. (NASDAQ: EMITF) (the "Company") announced today, further to its announcement on July 22, 2013, that the Tel Aviv District Court (the "Court"), in a ruling dated August 19, 2013, rejected the Company's position that the unsecured creditors of the Company approved the resolution at the Company's creditors' meetings held on July 15, 2013 and July 17, 2013, to approve the Company's proposed plan of arrangement of...

2013-08-11 04:20:02

HAIFA, Israel, Aug. 11, 2013 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that its Australian subsidiary, Elbit Systems of Australia Pty Ltd (ELSA), was awarded a contract in the amount of approximately $32 million U.S. dollars (approximately $35 million Australian dollars) to supply the Australian Federal Police (AFP) with an Investigation, Intelligence and Incident Management (IIIM) Solution to be supplied over a four-year period....

2013-08-05 08:33:19

GE Joins JVP as Newest Cyber-Security Investor FAIRFIELD, Connecticut and JERUSALEM, August 5, 2013 /PRNewswire/ -- ThetaRay, an Israeli innovator in preventing Advanced Persistent Threats (APT) and Zero Day Attacks, announced today that GE (NYSE:GE) is joining Jerusalem Venture Partners (JVP) as an investor in ThetaRay (the "Company"). ThetaRay was founded by Professor Amir Averbuch of Tel Aviv University and Professor Ronald Coifman of Yale University. The Company's...

2013-08-05 08:20:27

AZOUR, Israel, August 5, 2013 /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 0.60 per share or $0.17 per share, totaling approximately NIS 12.6 million or US$3.5 million. The dividend will be paid to shareholders of record as of September 17, 2013. The Company will pay the dividend out on October 3, 2013. In its decision to approve the distribution of...