Your Search Returned 22 tagged news reports
The company released its third quarter financial results this morning. The company's troubled shipping unit, Zim Integrated Shipping Services Ltd. , reported a loss attributable to Israel Corp. shareholders of $208 million, compared with a loss of $61...
Tags: Israel Corp., corresponding quarter, Israel, Rishon Le Zion, Tel Aviv Stock Exchange, Business Finance, Zim Integrated Shipping Services
Friday injected an additional $21 million into Better Place LLC . The sum is Israel Corp.'s share, based its proportional holding in the company, of a general capital injection decided on by Better Place's board of directors. Israel Corp. has already...
Tags: better place, electric cars, Israel Corp., Israel Corporation, cars venture, Shay Agassi, Israel, Rishon Le Zion, Solar power in Israel, Battery swapping, Charging station, Electric car, Electric vehicles, Alternative propulsion, Battery leasing, Business Finance, Environment
After eight months of negotiations, the merger between investment firms Yashir and Meitav (which now includes Gaon Capital Markets) is moving ahead. According to Yashir IDI, the parent company of Yashir Investment House, the merger was approved by the...
Tags: Israel Corp., Knesset Committee on Labor, Weils, IEC, Yashir IDI, Yashir Investment House
The kit was developed at Hadassah Medical Organization in Jerusalem by a team headed by Dr. Asher Salmon. Micromedic said that, in view of the results, it would begin a larger trial at several medical centers in Israel and the US. Article continues after...
Tags: Edgar Bronfman, Matthew Bronfman, Bronfman-Schron, Africa-Israel, Israel Corp., Shlomo Zohar, financial reports
Shipping company Zim, controlled by Israel Corp., and burdened by $3.5 billion of debt, is nearing completion of an arrangement with its creditors. After Israel Corp. postponed by two weeks a shareholders meeting that was due to have been held today to...
Tags: foreign residents, Israel Corp.
US-Israeli IP video conferencing solutions start-up Vidyo Inc. (formerly Layered Media) has raised $7 million from Menlo Ventures and Star Venture Enterprises Israel . The company raised $15 million six months ago and has raised $45 million since it was...
Tags: Israel Corp.
Israeli stocks fell on Thursday, led by a slump at Israel Corp., which is trying to restructure its Zim shipping subsidiary, and by continued losses in real estate. Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index declined...
Tags: Israel Corp., Israel Chemicals, Israeli, israel stock
Mercantile Discount Bank today reported its results for the second quarter of 2009. The bank reported a net profit of NIS 72 million, 12.5% up on the corresponding quarter of 2008...Mercantile Discount Bank said that the main reasons for the improved...
Tags: Africa-Israel, Africa Israel, Israel Corp., corresponding quarter, net profits, Tel Aviv, Delek Group, Mercantile Discount Bank, index fell, discount banking
Zim Integrated Shipping Services Ltd. , the parent company's board of directors found a creative solution, and will give Zim a capital injection of $60 million, backed by guarantees. Israel Corp. believes that Zim will face a cash flow shortfall of $1...
Tags: Israel Corp.
The rejection came five days after a stormy general shareholders meeting to discuss the proposal. The $100 million capital injection was part of a broader plan for a $350 million capital injection into the company. Zim has been in severe crisis this year...