Meitav Dash: Teva revenue to outstrip guidance

Meitav Dash Investment House Ltd. believes that Teva Pharmaceutical Industries Ltd.'s (NYSE: TEVA; TASE: TEVA) revenue in 2019 will outstrip the company's guidance. Meitav Dash raised its recommendation for Teva's share from "Market perform" to…

Yellow vest protest targets Tnuva

National Union of Israeli Students chairperson Ram Shefa, a leader of the "Yellow Vest" protest, has addreessed the 2018 Globes Business Conference. He commented on the announcement by Osem-Nestle postponing the planned price hikes for…

Dan Tel Aviv bus drivers to stop loading…

On Friday, the Rav Kav smart travel card reform by which bus drivers will no longer load the multi-ride travel cards, will come into effect on Dan company buses in Greater Tel Aviv region, the…

Govt eases next months electricity price hike

The electricity rate hike will be reduced "significantly" following the Ministry of Finance's agreement to cut taxes on fuel purchased by Israel Electric Corporation (IEC) (TASE: ELEC.B22), the Public Utilities Authority (electricity) announced yesterday in…

Shikun & Binui in talks to sell holdings…

Shikun & Binui Holdings Ltd. (TASE: SKBN), controlled by businessperson Naty Saidoff, is negotiating to sell its entire 37.5% holding in the ADO Group (TASE: ADO) to a number of buyers at a premium on…

Sodastream CEO: We are setting up a factory…

The second day of the 2018 Globes Business Conference in Jerusalem saw Pepsico CEO Ramon Laguarta and Sodastream CEO Daniel Birnbaum on the stage together. They spoke about Pepsico's acquisition of Israeli home carbonated drinks…