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Headlines
18:20
The World Cup warning: Riots don’t start in the streets. They start online
18:07
“There’s a price where you have to say yes”: CyberArk founder on the $25 billion Palo Alto deal
14:18
"If there is no significant change, we will see a 25%-30% reduction in high-tech's workforce"
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“There is no better solution for Zim than the one we created”
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"If an engineer in Ireland costs 20% less, it is clearly part of the consideration when deciding where to expand"
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Iron Dome and Iron Beam maker Rafael unveils new weapon against the drone threat
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"If there is no significant change, we will see a 25%-30% reduction in high-tech's workforce"
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Echo: “Employees have become very good at identifying performative culture”
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Unicorn Artlist to cut 200 jobs, 40% of workforce, despite surpassing $300 million ARR
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Finance
20 stories about Finance
Israel’s National Security Council Pushing for Local Committee on Foreign Investments
03.03.19
|
Omri Milman
The council intends to propose the establishment of a consulting committee headed by the council, to operate much like the CFIUS committee in the U.S.
Teva to Close 11 More Manufacturing Facilities in 2019
14.02.19
|
Lilach Baumer
The drugmaker published its fourth quarter and annual reports Wednesday, dropping almost 8% on NYSE after forecasting a steep cut in profits for 2019
Israeli Drugstore Chain Super-Pharm Considering Tel Aviv IPO
12.02.19
|
Golan Hazani
In 2017, private equity firm CVC Capital Partners walked out on a deal to buy a 40% stake in the company at a $540 million valuation
Gene Golovinsky Appointed Head of Intuit’s Operations in Israel
10.02.19
|
Meir Orbach
Intuit employs 170 people in the country and is currently in the process of relocating its offices
Israel Tax Authority to Demand Over NIS One Billion From Teva
16.01.19
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Omri Milman and Tomer Ganon
Teva did not pay taxes in Israel for the decade preceding 2014, saving NIS 20.6 billion in tax benefits
Israel Approves CRS Tax Regulations, With a Caveat
03.01.19
|
Omri Milman
Israel's parliamentary finance committee approved on Tuesday a series of statutes that will make life a lot harder for tax evaders in the country. Philanthropic Jewish orthodox community lending institutes will be exempted
Citi, Credit Suisse, Goldman Sachs, and J.P. Morgan Back Fintech Startup AccessFintech
16.12.18
|
Lilach Baumer
AccessFintech raised a $17.5 million Series A to further develop its risk and exception management services
Israel Accepted as Member of Global Anti-Money Laundering Organization FATF
11.12.18
|
Lilach Baumer
Financial Action Task Force is an intergovernmental organization founded to create anti-money laundering and anti-terrorism funding policies
Teva Ups Guidance on Third Quarter Results
01.11.18
|
Lilach Baumer
Teva reported revenues of $4.5 billion for the quarter, down from $4.7 billion in the second quarter of 2018, and a 19.6% decrease year-over-year
Tel Aviv High-End Real Estate Deals in Free Fall
10.08.18
|
Nimrod Busso
With tightening local regulation and appreciating shekel, foreign investments have slowed down, while some Israelis are still priced out of the market
Teva's American Dream Boat is Sinking
08.08.18
|
Uri Tal-Tene
Over the past six quarters Teva's North American sales have been in free fall. The company's operating profit is in even worse shape. Mylan's decision to slash the price tag on its generic Copaxone offering further threatens Teva's revenues, meaning the company must hurry to provide the three potential trump cards it has up its sleeve
CyberArk Announces 35% Year-Over-Year Revenue Increase for Second Quarter
08.08.18
|
Lilach Baumer
The information security company upped its guidance for 2018 after exceeding quarterly guidance on all metrics
Regulator Hopes to Pave the Way for Newcomers in Israel’s Rigid Financial Services Market
07.08.18
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Raheli Bindman
On Monday, Israel’s central bank and Ministry of Finance announced they are working to establish open banking standards in the country
Citing Stable Economic Outlook, S&P Gives Israel Its Highest Credit Rating Ever
05.08.18
|
Omri Milman
On Friday, the credit rating agency upgraded Israel’s rating to AA- with a stable outlook. The higher rating will enable Israel to raise credit with more favorable terms
EMEA Region Drives Radware's Second Quarter Revenues Up
02.08.18
|
CTech
Radware's stock price climbed over 35% in 2018
Orbotech Reports Record Revenues for Second Quarter of 2018
01.08.18
|
CTech
Due to its pending acquisition by KLA-Tencor, Orbotech only provided guidance for its third quarter revenues
Amdocs CEO Eli Gelman to Step Down Effective October 2018
01.08.18
|
Lilach Baumer
On Tuesday, the Nasdaq-listed company announced record revenues of $1 billion for the third quarter but lowered 2018 forecasts
Weakness in the Mobile Sector Drags Down Tower Semiconductor’s Quarterly Profits
26.07.18
|
Hezi Sternlicht
On Thursday, the company reported net profits of $38 million, up 45% from the first quarter of the year but down 24% compared to the second quarter of 2017
Israel Sells 250 Million Euros Worth of Government Bonds at 0.05% Interest
23.07.18
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Omri Milman
The bonds issuance is part of a wider effort by the Israeli government to encourage Asian investments in Israel
Moody's Upgrades Israel's Outlook to Positive
22.07.18
|
Omri Milman
The change was based on Israel’s favorable fiscal outcomes, strong institutional framework and on its “increasingly resilient economy”
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