TLV

Massivit to Present at the LD Micro Invitational XIV

Retrieved on: 
Tuesday, March 26, 2024
Sofitel New York Hotel, TLV

Lod, Israel--(Newsfile Corp. - March 26, 2024) - Massivit (TLV: MSVT) announced today that it will be presenting at The 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024.

Key Points: 
  • Lod, Israel--(Newsfile Corp. - March 26, 2024) - Massivit (TLV: MSVT) announced today that it will be presenting at The 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024.
  • The event is expected to feature 80 companies presenting in half-hour increments, as well as private 1:1 meetings.
  • Massivit is scheduled to present on April 9th at 01:00PM ET.
  • Erez Zimerman, CEO, will be leading the presentation.

Phoenix Holdings Publishes Financial Statements for Q4 and 2023

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Business, Insurance, Finance, Asset Management, Consulting, Banking, Friends, The Phoenix Companies, Growth, Memory, Share repurchase, Corporation, Policy, TLV, Acquisition, Tel Aviv Stock Exchange, Life, Credit, Solvency, Asset management, Report, SME, Analyst, Safety, Barzilai Medical Center, P&C, Holding, Collection, Pain, Rehabilitation, Mobile phone

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the fourth quarter of 2023 and calendar year 2023.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the fourth quarter of 2023 and calendar year 2023.
  • Phoenix is financially resilient with high levels of liquidity and a high Solvency II ratio for Phoenix Insurance, which reached 209% with transitional measures as of September 30, 2023.
  • Comprehensive income before tax in 2023 amounted to NIS 241 million, compared to NIS 235 million in 2022.
  • Comprehensive income before tax in 2023 amounted to NIS 307 million, compared to NIS 300 million in 2022.

Phoenix Acquires Actively Managed Mutual Funds with NIS 22 Billion Assets Under Management from Psagot

Retrieved on: 
Thursday, December 21, 2023
Professional Services, Other Professional Services, Insurance, Finance, Asset Management, Consulting, Psagot Investment House, Acquisition, Growth, KSM, TLV, Holding, AUM

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today announced that it is acquiring actively managed mutual funds with NIS 22 billion AUM from Psagot Investment House.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today announced that it is acquiring actively managed mutual funds with NIS 22 billion AUM from Psagot Investment House.
  • The acquisition represents another step in the execution of Phoenix’s growth and value creation strategy, strengthening its leadership in asset management
    Phoenix Holdings CEO, Eyal Ben Simon: “The acquisition of actively managed mutual funds from Psagot will significantly increase the Group’s leadership in asset management.
  • This synergetic acquisition is another step in executing our proven strategy that has driven growth and value creation over the past few years.”
    Phoenix Investment House CEO, Avner Hadad: “The acquisition of the actively managed funds with NIS 22 billion AUM creates synergies for the investment house in general, and for KSM branded mutual fund platform in particular.
  • We believe that now, during this challenging time for the State of Israel, is precisely the time to invest in Israel."

Phoenix Holdings Consolidates Credit Activities in Phoenix-Gama Platform

Retrieved on: 
Tuesday, December 12, 2023
Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Insurance, The Phoenix Companies, TLV, Growth, Holding, Bank, Risk management, Financial services, Retail

The transfer of Phoenix Construction Finance Ltd. from Phoenix Insurance to Phoenix-Gama creates a leading credit platform for clients with significant credit portfolios and creates and unlocks value in Group’s credit activities.

Key Points: 
  • The transfer of Phoenix Construction Finance Ltd. from Phoenix Insurance to Phoenix-Gama creates a leading credit platform for clients with significant credit portfolios and creates and unlocks value in Group’s credit activities.
  • The consolidation includes the transfer of Phoenix Construction Finance from Phoenix Insurance to Phoenix-Gama to offer an extensive value proposition to the Group’s clients and the management of a significant credit portfolio under a single specialized platform.
  • The consolidation will also maximize synergies between the Group's various credit activities, creating a platform with significant growth potential.
  • The concentration of most of the Phoenix’s credit activities under the management of Phoenix-Gama will enable us to maximize the potential of the Company’s existing credit activities while offering optimal credit and financing solutions to our clients.

Phoenix Holdings Publishes Financial Results for Q3 2023, with Continued Improvement in Core Income

Retrieved on: 
Thursday, November 30, 2023
Professional Services, Business, Insurance, Finance, Asset Management, Consulting, Banking, The Phoenix Companies, Courage, ROE, Tel Aviv Stock Exchange, Hope, Organization, Analyst, Corporation, Barzilai Medical Center, Report, TLV, Person, Total, Memory, Growth, Holding, P&C, Tourism, Real estate, Beauty salon, Management, Cryptocurrency, Phoenix, Psagot

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the third quarter of 2023.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the third quarter of 2023.
  • Phoenix made direct donations and facilitated donations from organizations and people around the world for immediate and urgent needs.
  • The results for the third quarter of 2023 reflect the continued improvement in core income across the Group’s activities and the continued execution of our growth strategy in the insurance, asset management, distribution, and credit businesses.
  • The comprehensive income before tax for the third quarter of 2023 amounted to NIS 22 million, compared to a comprehensive income of NIS 24 million before tax in the third quarter of 2022.

ScyllaDB Raises $43M to Take on MongoDB at Scale, Push Database Performance to New Levels

Retrieved on: 
Tuesday, October 17, 2023
Cloud, Partnership, Qualcomm Ventures, ScyllaDB, TLV, Amazon DynamoDB, Deloitte Technology Fast 500, P99, AI, MongoDB, Palo Alto Networks, NoSQL, R, Cloud database, Database, AllianceBernstein, Cryptocurrency

These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.

Key Points: 
  • These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.
  • Across industries, R&D teams are increasingly realizing that ScyllaDB’s dramatically different database architecture delivers better performance and horizontal scalability for data-intensive workloads.
  • In an independent benchmark , ScyllaDB achieved up to 68X lower latencies vs. MongoDB, up to 20X higher throughput, and 19X better price/performance ratio.
  • Overall, the study compared a total of 133 performance measurements and ScyllaDB outperformed MongoDB in 132 of 133 measurements.

Steam Trap Market worth $4.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 30, 2023
Diaphragm, SCADA, MES, Pomona Waste To Energy Power Station, Occupational safety and health, Temperature, Stainless steel, Steam, DCS, Function, Steel, Schlumberger, Forbes Marshall, Functional safety, Component, Maintenance, Circuit rider (water/wastewater), Electronics, Cast iron, Instrument, Mobile robot, Cooking, Growth, Wastewater treatment, Cryogenics, PLC, Overheating, PAM, Energy, HMI, Automation, Sterilization, Ball, Water, Textile, Process control block, Food, Process, TLV, Actuator, Oil, Xylem Inc., Pasteurization, Wood drying, Coal, Safety, Region, Chemical substance, Linearity, Position

Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.

Key Points: 
  • Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.
  • The mechanical steam trap segment is expected to account for the largest size of the steam trap industry throughout the forecast period.
  • Steam trap market for tracing applications is expected to grow faster during the forecast period.
  • The steam trap market for tracing applications is expected to grow faster during the forecast period.

Steam Trap Market worth $4.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 30, 2023
Diaphragm, SCADA, MES, Pomona Waste To Energy Power Station, Occupational safety and health, Temperature, Stainless steel, Steam, DCS, Function, Steel, Schlumberger, Forbes Marshall, Functional safety, Component, Maintenance, Circuit rider (water/wastewater), Electronics, Cast iron, Instrument, Mobile robot, Cooking, Growth, Wastewater treatment, Cryogenics, PLC, Overheating, PAM, Energy, HMI, Automation, Sterilization, Ball, Water, Textile, Process control block, Food, Process, TLV, Actuator, Oil, Xylem Inc., Pasteurization, Wood drying, Coal, Safety, Region, Chemical substance, Linearity, Position

Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.

Key Points: 
  • Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.
  • The mechanical steam trap segment is expected to account for the largest size of the steam trap industry throughout the forecast period.
  • Steam trap market for tracing applications is expected to grow faster during the forecast period.
  • The steam trap market for tracing applications is expected to grow faster during the forecast period.

Yalla, Tel Aviv! Shake Shack Is Israel Bound

Retrieved on: 
Wednesday, April 19, 2023
Food, Beverage, Retail, Shack, FOX, Beer, TLV, 21st Century Fox, Wine, NYSE, Shake Shack, Food delivery, Nightclub

Shake Shack’s (“Shake Shack” or the “Company”) (NYSE: SHAK) global expansion continues into Israel, with plans to launch in Tel Aviv in 2024.

Key Points: 
  • Shake Shack’s (“Shake Shack” or the “Company”) (NYSE: SHAK) global expansion continues into Israel, with plans to launch in Tel Aviv in 2024.
  • Shake Shack will partner with Harel Wizel and Yarzin Sella Group to bring Shake Shack to Israel.
  • "I am thrilled that together with Harel Wizel, we will be bringing Shake Shack to Israel," says Yuval Sella, Chairman of Yarzin Sella Group.
  • This is an exciting milestone for our company, and we look forward to sharing the joy of Shake Shack with the people of Israel.

Nano Dimension Issues a Special Message to Its Shareholders:

Retrieved on: 
Tuesday, January 31, 2023
Cloud, Legislation, General Electric, Tower Semiconductor, Colonel, Algorithm, IDF, Goldman Sachs, Fund, Research, 3D, Waltham, REDI (Execution Management System), Artificial intelligence, Hotel manager, 3D printing, Verint Systems, Murchison, Rothschild, Disclosure, Business, Amazon (company), PowerDsine, Software, TLV, Risk, Senior management, Graphik Dimensions, Ltd., PDSN, Rothschild & Co, Growth, Letter, Security (finance), Management, Cryptocurrency, Retail, Bank, Private investigator, Intel

Waltham, Mass, Jan. 31, 2023 (GLOBE NEWSWIRE) --  Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that publicly available information reveals hundreds of illegal actions by Murchinson Ltd. (“Murchinson” or the “Fund”) and its manager, Mr. Marc Bistricer, including investigation by the U.S. authorities and the severe sanctions imposed on the Fund.

Key Points: 
  • A letter of complaint about Mr. Bistricer's behavior, which was written about an hour after the event by the counsel of Nano Dimension, caused Mr. Bistricer to respond by a falsified smear campaign on Nano Dimension and its management.
  • Furthermore, Nano Dimension is in active processes and expects to carry out additional significant acquisitions and mergers in the coming months.
  • The management of Nano Dimension is committed not to allow such fate for the Company and its shareholders who deserve better.
  • Nano Dimension succeeded in working hard and persistently improving its capabilities, its product lines, and its business focus.