Lod

BIRD - Israel-U.S. Binational Industrial R&D Foundation to invest $9.6 million in 10 new projects: The approved projects, with an overall budget of $24.5 million, involve innovations in the areas of Agrotech, Biotechnology, Electronics, Energy, Foodtech,

Retrieved on: 
星期三, 一月 31, 2024

In addition to the grants from BIRD, the projects will access private-sector funding, boosting the total investment in all projects to $24.5 million.

Key Points: 
  • In addition to the grants from BIRD, the projects will access private-sector funding, boosting the total investment in all projects to $24.5 million.
  • The BIRD Foundation promotes collaborations between U.S. and Israeli companies in various technological sectors for joint product development.
  • In addition to providing conditional grants of up to $1.5 million, the Foundation assists by working with companies to identify potential strategic partners and facilitate introductions.
  • The ten projects approved by the Board of Governors are in addition to the over 1000 projects that the BIRD Foundation has approved for funding during its 46-year history.

Leumi concludes Q3 2023 with an approximate NIS 1.8 billion ($463 million) profit

Retrieved on: 
星期三, 十一月 29, 2023

Net income in the first nine months of 2023 amounted to NIS 5.2 billion ($1.36 billion), compared to NIS 5.38 billion ($1.41 billion) in the corresponding period last year.

Key Points: 
  • Net income in the first nine months of 2023 amounted to NIS 5.2 billion ($1.36 billion), compared to NIS 5.38 billion ($1.41 billion) in the corresponding period last year.
  • Housing loans as at September 30, 2023 totaled NIS 129.6 billion ($33.9 billion), compared to NIS 120.9 billion ($31.6 billion) as at December 31, 2022 - a 7.2% increase.
  • Middle-market credit as at September 30, 2023 totaled NIS 64.4 billion ($16.8 billion), compared to NIS 60.8 billion ($15.9 billion) as at December 31, 2022 - a 5.9% increase.
  • Deposits by small businesses as at September 30, 2023 totaled NIS 53.2 billion ($13.9 billion), compared to NIS 55.4 billion ($14.5 billion) as at December 31, 2022 - a 4.0% decrease.

Mindray Expands Its Cardiac Biomarker Portfolio with Cutting-Edge hs-cTnI and NT-proBNP Assays, Empowering Enhanced Cardiovascular Diseases Care

Retrieved on: 
星期一, 十月 23, 2023

The additions have enhanced Mindray's diverse portfolio of cardiac biomarkers for cardiovascular diseases (CVDs) diagnosis and management.

Key Points: 
  • The additions have enhanced Mindray's diverse portfolio of cardiac biomarkers for cardiovascular diseases (CVDs) diagnosis and management.
  • While CVDs are the leading cause of death worldwide, early detection is key in saving lives.
  • The two assays are the collaborative effort of Mindray and HyTest, a Mindray company and a prominent global provider of antibodies and antigens.
  • HyTest, renowned for its cardiac biomarker expertise, had its cardiac troponin complex material selected as the international troponin standard by AACC in 2004.

Mindray Expands Its Cardiac Biomarker Portfolio with Cutting-Edge hs-cTnI and NT-proBNP Assays, Empowering Enhanced Cardiovascular Diseases Care

Retrieved on: 
星期一, 十月 23, 2023

The additions have enhanced Mindray's diverse portfolio of cardiac biomarkers for cardiovascular diseases (CVDs) diagnosis and management.

Key Points: 
  • The additions have enhanced Mindray's diverse portfolio of cardiac biomarkers for cardiovascular diseases (CVDs) diagnosis and management.
  • While CVDs are the leading cause of death worldwide, early detection is key in saving lives.
  • The two assays are the collaborative effort of Mindray and HyTest, a Mindray company and a prominent global provider of antibodies and antigens.
  • HyTest, renowned for its cardiac biomarker expertise, had its cardiac troponin complex material selected as the international troponin standard by AACC in 2004.

Leumi concludes Q2 2023 with a NIS 2.4 billion ($649 million) profit - and with a dividend distribution and share buyback of some NIS 1 billion ($270 million)

Retrieved on: 
星期二, 八月 15, 2023

Return on equity in the second quarter of 2023 was 19.4%, compared to 18.5% in the corresponding quarter last year.

Key Points: 
  • Return on equity in the second quarter of 2023 was 19.4%, compared to 18.5% in the corresponding quarter last year.
  • Efficiency ratio in the second quarter of 2023 was 29.5%, compared with 35% in the corresponding quarter last year.
  • Dividend and share buyback: The Bank's Board of Directors approved a dividend distribution totaling NIS 736 million ($199 million), which together with a share buyback of NIS 300 million ($81 million) represent approx.
  • The share buyback which took place is part of an overall plan of up to NIS 800 million ($216 million).

Leumi Concludes Q1 2023 with Continued Growth - and with a Dividend Distribution and Share Buyback of over NIS 1 Billion ($277 Million)

Retrieved on: 
星期二, 五月 23, 2023

Net of the one-off deduction with respect to the bank's shares in Valley, net income reached NIS 2.1 billion ($581 million).

Key Points: 
  • Net of the one-off deduction with respect to the bank's shares in Valley, net income reached NIS 2.1 billion ($581 million).
  • Leumi declares a share buyback of NIS 800 million ($221 million), in addition to a 30% quarterly dividend distribution.
  • Dividend: The Bank's Board of Directors approved a NIS 294 million ($81 million) dividend distribution, which constitutes 30% of the net income for Q1 2023.
  • Net interest income in the first quarter of 2023 totaled NIS 3.9 billion ($1.08 billion), compared to NIS 2.7 billion ($0.75 billion) in the corresponding quarter last year*.

Leumi Records Strong Results in 2022: Return on Equity of 19% in Q4 and 17% for Y2022

Retrieved on: 
星期二, 三月 14, 2023

Net income in Q4 reached NIS 2.3 billion ($654 million), compared to NIS 1.5 billion ($426 million) in the corresponding quarter last year.

Key Points: 
  • Net income in Q4 reached NIS 2.3 billion ($654 million), compared to NIS 1.5 billion ($426 million) in the corresponding quarter last year.
  • Return on equity in Q4 2022 was 19%, compared to 14% in the corresponding quarter last year.
  • Substantial improvement in the efficiency ratio: The efficiency ratio continued to improve in Q4 2022 - reaching 31.8%.
  • In the entire year, net of the results of Leumi USA, the efficiency ratio was 37.2%, compared to 45.8% in 2021.

Leumi Continues to Deliver Strong Results - Net Income in the First Nine Months of 2022 reaches NIS 5.4 Billion ($1.5 Billion)

Retrieved on: 
星期二, 十一月 29, 2022

Net income in the first nine months of the year reached NIS 5.4 billion ($1.5 billion), compared to NIS 4.6 billion ($1.3 billion) in the corresponding period last year.

Key Points: 
  • Net income in the first nine months of the year reached NIS 5.4 billion ($1.5 billion), compared to NIS 4.6 billion ($1.3 billion) in the corresponding period last year.
  • > Finance incomein the first nine months of 2022, net of the results of Leumi USA, reached NIS 9.9 billion ($2.8 billion), compared to NIS 8.5 billion ($2.4 billion) in the corresponding period last year, a 16.5% increase.
  • > Shareholder's equityas at September 30, 2022 totaled NIS 48 billion ($14 billion), compared to NIS 41.8 billion ($12 billion) as at September 30, 2021.
  • > Deposits by the publicas at September 30, 2022 totaled NIS 546.7 billion ($154.3 billion), compared with NIS 478.8 billion ($135.1 billion) as at September 30, 2021 - a 14.2% increase.

Multi-omics Startup Pleno Inc. Announces $40 Million in Series A Funding Led by Deerfield Management with Participation by Foresite Capital

Retrieved on: 
星期三, 十月 12, 2022

Pleno Inc., a multi-omic instrument platform company revolutionizing biological target detection for clinical testing and biomedical research, announced the close of $40 million in Series A financing led by Deerfield Management Company with participation by Foresite Capital .

Key Points: 
  • Pleno Inc., a multi-omic instrument platform company revolutionizing biological target detection for clinical testing and biomedical research, announced the close of $40 million in Series A financing led by Deerfield Management Company with participation by Foresite Capital .
  • Deerfield is proud to lead Plenos Series A financing, said Andrew ElBardissi, MD, Partner at Deerfield Management.
  • "Genotyping and sequencing have enhanced our understanding of the molecular drivers of disease and its response to treatment, particularly in oncology.
  • Yet the cost and increasing complexity of these centralized measurements causes healthcare disparities," said Dr. Vik Bajaj, Managing Director at Foresite Capital.

PARTNER COMMUNICATIONS ANNOUNCES RECEIVING A LAWSUIT

Retrieved on: 
星期三, 八月 17, 2022

ROSH HA'AYIN, Israel, Aug. 17, 2022 /PRNewswire/ --Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator,reports that on August 17, 2022, the Company received a lawsuit filed by Lapidot Capital Ltd. (the "Plaintiff"), that hold 2,173,126 of the Company's shares (the "Plaintiff's Shares"), in the Central District Court in Lod (the "Lawsuit").

Key Points: 
  • ROSH HA'AYIN, Israel, Aug. 17, 2022 /PRNewswire/ --Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator,reports that on August 17, 2022, the Company received a lawsuit filed by Lapidot Capital Ltd. (the "Plaintiff"), that hold 2,173,126 of the Company's shares (the "Plaintiff's Shares"), in the Central District Court in Lod (the "Lawsuit").
  • The Plaintiff's Shares are currently registered under the Plaintiff's name in the Company's shareholder registry as Founding Israeli Shareholder shares, as defined in the Company's Articles of Association.
  • Due to the preliminary stage of the proceeding, the Company is unable to evaluate the probability of success of the Lawsuit.
  • Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services).