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Tel Aviv Stock Exchange Sun: Teva tanks as TASE losses mount

Teva plunged ahead of Monday's first quarter results and Perrigo and Mylan fell amid pharma sector gloom. But the banks rose strongly.

Thu: Nice, Ormat rise on good results

The Tel Aviv 25 Index ended the week on an uptick, with Nice, Ormat, Kenon, and Sodastream prominent advancers.

Amdocs boosted by Q2 results

Higher revenue and profit and beating analyst's consensus have pushed the company's share price higher.

Barak Eilam Nice Systems beats estimates, raises guidance

First quarter non-GAAP earnings per share were $0.81, $0.07 ahead of the analysts' consensus.

Wix CFO Lior Shemesh Wix prefers growth over profits

Revenue for the Israeli startup grew by 38% from the corresponding quarter, though adjusted EBITDA stood at $2.7 million.

Idan Ofer Israel Corp promises no new investments

Israel Corporation will soon begin a roadshow for a NIS 750 million bond issue.

Mega Four bids for Mega expected as deadline approaches

The trustees hope to get NIS 250-300 million for the supermarket chain, not including inventory.

Shekels Photo: Shutterstock Shekel slide continues as Bank of Israel intervenes

FXCM Israel: Market sources believe the Bank of Israel has intervened in trading to stop the shekel's appreciation.

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