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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.

Ishay Davidi  photo; Tamar Matsafi FIMI to take 51% stake in PCB Technologies

Ishay Davidi's FIMI Opportunity Funds has signed an MOU to invest NIS 125 million in the Migdal Ha'emek-based electronics company.

Amir London Photo: Einat Levron Kamada heading for $100m revenue in 2017

Kamada CEO Amir London is expressing confidence, with the company publishing guidance of $116-120 million in revenue for 2018.

Idan Ofer Idan Ofer's Pacific Drilling files for bankruptcy

The company owes $3 billion, and has only $358 million in cash and cash equivalents.

Mizrahi Tefahot Pay pact depresses Mizrahi-Tefahot profit

The bank finished the third quarter with a NIS 261 million net profit.

TASE TASE treads water as IPOs offset by cos delisting

In the past 11 years the number of companies traded on the TASE has shrunk 30% from 640 to 460.

Amos Luzon  photo: Tamar Matzafi Battle for Africa-Israel heats up

Amos Luzon is the latest bidder for the company.

Barak Rosen and Assaf Tuchmeir Israel-Canada raises NIS 100m from Israeli institutions

The allocation to Menorah, Psagot, Israel Phoenix, Safra, and Noked Capital is at a 6% discount.

Kadimastem CEO Yossi Ben-Yosef, photo: Studio-One Kadimastem down 90% in 2017

Shares in Kadimastem, which is developing a stem-cell based therapy for ALS, dropped 28% in one day.

Wix  photo: Reuters Analysts cut targets as Wix plunges

$628 million evaporated from the Israeli DIY website company's market cap in three days.

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