Tag: Stock Market
Teva Pharmaceutical sees secondary drop in share prices amid reported losses
After yesterday's (Thursday) announcement that Teva Pharmaceutical would take on a number of recovery measures in response to their $6 billion loss, the Israeli-based...
In accordance with Israel’s gas agreement: Major floatation of Tamar gas field begins
The largest floatation to ever be offered on the Tel Aviv Stock Exchange has started. The 9.25% stake in the Tamar gas field is...
Amazon’s newest deal: Whole Foods Market to be bought for $13.7 billion
Amazon will be purchasing Whole Foods Market in a deal valued at $13.7 billion. The company will pay $42 a share for the organic...
Largest high-tech deal in history: Intel purchases Mobileye
The largest business deal in Israeli high-tech history has been reached. Computer chip giant Intel will purchase shares worth $15 billion from the company...
Snapchat stock increased by over 40%, raised 3.4 billion dollars
Mobile application Snapchat stock soared on New York Stock Exchange and already raised 3.4 billion dollars.
Following court ruling: Teva’s share price drops 9%
Teva’s share price in New York dropped 9% following a US court’s ruling against the company. The court decided that four of Teva’s patents...
In interview, Kahlon says he is considering further tax cuts
The Finance Minister said he would implement the tax cuts if the fundamentals of the Israeli market remain positive.
