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14, Globes correspondent After rising 20% since 2009, water rates will drop 5% at the start of next month. The Water Authority Council decided today to raise the planned price reduction from 3% to 5%, following an investigation of costs, and
Marketo today announced the acquisition of Insightera Ltd. , which offers a data analysis solution to improve online marketing. The company said in a conference call that the acquisition was for $20 million, of which $6 million was in cash and the
and has sold its entire 3.7% stake of 1.2 million shares. This is the private equity fund, which a few weeks ago sent a sharply worded letter to Given Imaging's board of directors, accusing it of bad management and failure to create value for
A-" to "BBB+", saying that the company's free cash flow in 2013-14 will be insufficient in to repay maturing debt, including $750 million due in March. Fitch says that its forecast "stems from the confluence of previously-announced significant cash
The grant will support the company's clinical and product development in 2014 for its innovative stem cell therapy candidate NurOwn. NurOwn is an adult stem cell therapy technology that differentiates bone marrow-derived mesenchymal stem cells into
In response to Lakewood's claim that Opko is traded at 75-100% above its value and that it is an illusion for investors, Greenberg says, "The bear case against Opko Health has been a losing game for shorts since the 2009 recovery and aside from a few
Histadrut (General Federation of Labor in Israel) signed a new labor contract today...The Histadrut said that the contract's details would be published later today. It reportedly includes a pay cut for employees and cancellation of their annual bonus.
Amir Elstein, a scion of one of Teva's founding families, as vice chairman to succeed 84-year old Prof...Teva's current chairman, Dr. Phillip Frost, is no hurry to step down, but in a recent interview with "Globes", he said, "I provide a service here.
I doubt we will return to proportions of 40-50% of trading, but we will rise from the lows of 5-10%. December 13 20:11, Shiri Habib-Valdhorn 2014 will be a turnaround year in terms of foreign investor activity in the Israeli market, says Deutsche
has distributed more modest compensation compared with previous years, but the rise in its share price has boosted the value of stock options held by managers and employees, according to the company's 20-F expanded annual financial report for its