Quantcast
Last updated on April 20, 2014 at 19:30 EDT

Latest Economy of Israel Stories

2013-08-05 08:20:20

Surpasses 700,000 subscribers globally AZOUR, Israel, Aug. 5, 2013 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN, TASE: ITRN), today announced its consolidated financial results for the second quarter ended June 30, 2013. Highlights of the Second quarter A 18 thousand increase in net subscribers in the quarter, to a record of 702 thousand as of June 30, 2013; Gross margin at 50.9% and record operating margin at 23.5%; EBITDA of $13.7 million or 31.7% of...

2013-07-24 12:26:52

TEL AVIV, Israel, July 24, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated February 28, 2013, that the Company's controlling shareholders, Europe-Israel MMS Ltd. ("Europe-Israel") and Mr. Mordechay Zisser, notified the Company that the Tel Aviv District Court (the "Court") has appointed Adv. Giroa Erdinast as a receiver (the "Receiver") with regards to the ordinary shares of the...

2013-07-22 08:30:43

Conference Call Scheduled at 9am ET AZOUR, Israel, July 22, 2013 /PRNewswire/ -- July 22, 2013 [\\lonpivdocs\redocs\2013\07\22\MMMM d, yyyy ] - Ituran Location and Control Ltd. (NASDAQ: ITRN , TASE: ITRN) announced that it will be releasing its second quarter 2013 results on Monday, August 5, 2013. 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...

2013-07-16 12:25:44

TEL AVIV, Israel, July 16, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that Bank Hapoalim B.M (the "Bank") notified the Company that the Bank's management did not approve the standstill agreement, as detailed hereinafter, and hence, it did not enter into force. On July 15, 2015, the respective representatives of the Company and the Bank agreed upon a form of a written standstill agreement subject to effectiveness of...

2013-07-10 12:27:46

TEL AVIV, Israel, July 10, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's announcements on June 6, 2013 and June 20, 2013, that Bank Hapoalim B.M. has notified the Company that it intends to reserve all of its rights under the acceleration notice it provided to the Company on June 5, 2013, and that any plan of arrangement of the Company's outstanding unsecured financial debt will not derogate...

2013-07-09 08:21:01

Conference Call Scheduled for August 13, 2013 at 9:00am ET HAIFA, Israel, July 9, 2013 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that it will be releasing its second quarter 2013 financial results on Tuesday, August 13, 2013. The Company will also be hosting a conference call later the same day, August 13, 2013 at 9:00am Eastern Time. On the call, management will review and discuss the results and will be available to answer questions....

2013-07-03 04:21:07

KARMIEL, Israel, July 3, 2013 /PRNewswire/ -- Opgal [http://www.opgal.com ], a leader in thermal imaging technology, announced today that it signed a new contract with Elbit Systems of America, LLC, for the design and manufacturing of hundreds of advanced EVS (Enhanced Vision System) units. The newly designed systems will include Opgal's advanced thermal imaging and optics technology integrated into the Elbit Systems of America's next generation EVS. The Opgal...

2013-06-26 12:29:55

TEL AVIV, June 26, 2013 /PRNewswire/ -- Elbit Imaging Ltd. (NASDAQ: EMITF) ("Elbit") announced today that the Company has placed a free English-language translation of the opinion of the court-appointed expert, Mr. Ron Alroy, which was submitted to the Tel Aviv District Court (the "Court") on June 5, 2013, with regards to a proposed restructuring of the Company's unsecured financial debt pursuant to a plan of arrangement (the "Arrangement") under Section 350 of the Israeli...

2013-06-20 12:31:58

TEL AVIV, Israel, June 20, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's filing on June 19, 2013 with the Tel Aviv District Court (the "Court") of a petition requesting the Court's permission to convene meetings of its creditors and shareholders to vote upon the Company's amended plan of arrangement, that the Court has ordered all relevant parties that object to convening such meetings to file a...

2013-06-17 12:30:58

TEL AVIV, Israel, June 17, 2013 /PRNewswire/ -- Elbit Imaging Ltd. (NASDAQ: EMITF) (the "Company") announced today, that it has placed an Investor Relations Presentation relating to its restructure of corporate debt on the Company's website at: http://www.elbitimaging.com under: "Investor Relations - Company, Presentation". About Elbit Imaging Ltd. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial and Entertainment Centers -...