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Ori Yehudai  photo: Eyal Izhar Frutarom posts record quarter; raises sales target

Frutarom president and CEO Ori Yehudai: We are raising our target sales for 2020 to US$ 2.25 billion.

Partner CEO Isaac Benbenisti Photo: Amir Gossfried Partner Q3 profit nearly triples

30,000 subscribers have joined Partner's television service.

Rakefet Russak-Aminoach  photo: Ron Kedmi Leumi Q3 profit down 11% to NIS 820m

The corresponding quarter's profit reflected material one-time income. The bank has raised its dividend.

Israel Tax Authority Banks to inform Tax Authority on customers' foreign investments

Israelis investing abroad no longer need inform the Tax Authority about such investments in advance, instead the banks will provide data about overseas payments.

Tel Aviv Stock Exchange Photo: Eli Yizhar Starwood Capital, PennantPark plan TASE bond offerings

PennantPark and Starwood will join 30 other US companies that have raised debt worth NIS 18 billion on the TASE.

Internet   photo: PR BoI lifting restrictions on opening online bank accounts

New customers will no longer have to visit a bank branch for identification before opening an online account.

fiber optics Cellcom, Partner in talks on joint fiber-optic infrastructure

If agreement is reached, it will allow the two mobile companies to avoid duplicated future deployment.

Tamar Tamar flotation lifts Delek Drilling Q3 profit to $617m

Consumption of natural gas in Israel rose 5.6% in the first nine months of 2017. 

Arik Shor  photo: Tamar Matsafi Former Tnuva execs set up new food company

Arik Shor and Eyal Arad have teamed with Miki Delicatessen to boost market penetration for Israel's smaller food companies.

Exit Photo: Shutterstock ASAP Creative Israeli startup exits hit post record in Q3

Harel chief economist: The potential contribution of acquired companies moved overseas is lost to the Israeli economy.

cancer VBL Therapeutics raising $18.75m in Nasdaq offering

The Israeli drug development company's lead product is a targeted anti-cancer gene-therapy agent to treat a wide range of solid tumors.

Teva Photo: Reuters Teva recovery gains momentum

Despite no major announcements, Teva's share price has risen 23% since it hit a low point after the company's third quarter results.

ReWalk Photo: PR ReWalk raises $7.2m in secondary Nasdaq offering

Most of the money is designated for funding the company's upcoming clinical trial for stroke treatment.

Eran Vanounou Photo: Shlomi Yosef SaaS co Liveperson back on the growth track

After six quarters of declining revenue while it was developing a new software system, LivePerson is again showing signs of growth.

Raviv Zoller  photo: Tamar Matsafi IDI profit soars; Battery Ventures sells shares

IDI Direct Insurance's third quarter profit grew by 112% to NIS 58 million. 

FinTech Photo: Shutterstock Cyber-risk insurance co At-Bay raises $6m

Together with its cyber insurance policy and risk insights, the Israeli company allows clients and brokers to better manage and control cyber risk.

Yoni Heilbronn and Ofer Ben-Noon  photo: Shlomi Yosef How Argus drove to the exit

Argus's CEO and CMO talk about their competitive advantage and how they might expand from car cybersecurity.

Shaul Elovitch Photo: Eli Yizhar Elovitch steps aside as Bezeq chairman

However, even though the ISA has recommended indicting him, Elovitch will continue as chairman of Bezeq's subsidiaries, except Yes.

Nati Saidoff Photo: PR Africa-Israel bondholders hand co to Saidoff

The trustees of three series of bonds announced last night that the majority of bondholders supported Saidoff's offer for the company.

Shekels Photo: Shutterstock Shekel strengthening as inflation rises

The shekel has been boosted by rising inflation and the expectation of interest rate hikes in 2018.

Gadi Lesin Strauss reports Q3 rise in revenue and profit

Strauss CEO Gadi Lesin noted the Group's global growth drivers in the coffee and water companies, along with continued focus on efforts to improve Sabra's results.

Idan Ofer Idan Ofer buys stake in Atletico Madrid

The Israeli businessman is buying 10%-15% at a valuation of $700-750 million for the Spanish soccer club.

Zohr gas field Egypt to stop importing gas in 2018

The announcement by the Egyptian energy minister eliminates the possibility of exporting Israeli natural gas to Egypt.

Bank Hapoalim Hapoalim Canadian customers say bank aided tax evasion

114 taxpayers in Canada's voluntary disclosure program say that the Israeli bank helped them evade taxes.

Teva Photo: Tamar Matsafi US hedge funds reduce Teva exposure

Some financial institutions see an opportunity in Teva's low share price and have increased their holdings in the company.

Lilach Asher-Topilsky Discount Bank reports sharp rise in profit

Net profit rose in the third quarter to NIS 313 million, up from NIS 188 million in the corresponding quarter of 2016.

Shekels Photo: Shutterstock Shekel gains against dollar ahead of Oct CPI reading

The shekel continues to weaken against the euro as figures show that growth in the eurozone outstripped US growth in the third quarter.

Teddy Sagi Teddy Sagi invests NIS 40m in Alltrade

Alltrade, which dominates Israel's electronic recycling industry, has canceled its planned TASE IPO.

George Horesh Photos: PR and Tamar Matsafi George Horesh mulls buying Ra'anana land back from Teva

If Horesh exercises his option, he is likely to lease the land to Amdocs, which wants to buy it.

Teva Photo: Reuters Allergan begins selling 10% Teva stake to JP Morgan

Allergan has attached its shares in Teva in favor of the JP Morgan bank as security for a one-year loan of unspecified size.

Bezhalel Machlis  photo: Tamar Matsafi Elbit Systems reports steady growth, increased backlog

Elbit CEO: We see ongoing increases in defense budgets, which we have been able to capitalize on in many of our target markets.

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