Roberto Abraham Scaruffi

Tuesday, 15 March 2011





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Markets

Tel Aviv Stock Exchange

TASE logoTue: Japan panic sends TASE lower
The big banks and Israel Chemicals led TASE losses today, but Elbit rose after reporting earnings.

Buy, Sell, Hold - Shlomi Cohen

Shlomi CohenFor these firms, the ties that bind with Japan
Nearly every high tech company has ties of some kind with Japan, but some of the companies held in my portfolio tracked by "Globes" have very tight connections.

News

Israel Chemicals sued for $291m in gov't royalties
The government claims that Dead Sea Works has been underpaying royalties since August 2000.

Israel Chemicals obtains $675m credit line

Despite breakdown, Cellcom pays NIS 303m dividend

Wireless backhaul co Ceragon Networks axes 200

Rakib considers NIS 40m injection into Ma'ariv

Despite Japan, IEC chairman urges nuclear power

Egypt seeks to raise gas price for Jordan

Ness wins $75m Barclays Capital's Israeli center contract

Elbit Systems orders backlog reaches $5.45b

Camtek wins order from new Asian fab

Stem cell co Pluristem, NYU partner on foot ulcers

FIMI invests $36m in Alon USA

M&A deals fall as IPO figures improve

Treasury raises $124m from Thai investors

Disney fund Shamrock invests in Medison Pharma

Nikkei plunges 10% amid nuclear disaster fears

Egyptian gas supply resumes to Jordan but not to Israel

Israel Beitenu opposes Sheshinski gas tax hike

CPI rises 0.3% in February - above expectations

Purchasing Managers Index fall indicates economic contraction