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ISRAEL AT WAR - DAY 347

Q1 financial results

A branch of Bank Leumi in central Jerusalem (Maxim Dinshtein/Flash90)
From the WebMay 27, 2021, 3:56 pm
Israel’s Bank Leumi bullish on further 2021 profits
Reuters: Israel’s largest lender posted a jump in net profit to NIS 1.34 billion ($413 million) in the first quarter as economy rebounds post-corona
Bezeq workers installing fiber optic cables. (Courtesy)
From the WebMay 26, 2021, 12:00 pm
Israel’s Bezeq Telecom to reach 1 mln homes with fiber optic in 2021
Reuters: Israel’s largest telecom group says it is advancing a plan to merge two business units to cut costs and speeding up deployment of a fiber-optic network
Israeli flags are seen inside the 'Partner Orange' Communications Company offices in the city of Rosh Ha'ayin, Israel, Thursday, June 4, 2015. (AP Photo/Dan Balilty)
From the WebMay 26, 2021, 11:53 am
Israel’s Partner Comms sees boost from fibre-optics network
Reuters: Telecoms group says revenue rose 3% to NIS 833 million ($256), returning to pre-pandemic levels, propelled by a quick roll-out of a fibre optics network
El Al Airlines' Boeing 737s are pictured on the tarmac at Ben Gurion International Airport near Tel Aviv, March 10, 2020. (Jack Guez/AFP)
From the WebMay 20, 2021, 6:42 pm
Israeli carrier El Al to slash jobs as deepens cost cuts
Reuters: The nation’s flagship airline said it is cutting 1,900 posts as part of a broader plan to recover from COVID-19 impact, even as its net loss narrowed in the first quarter
Illustrative photo of a Bank Hapoalim branch on King George street, Jerusalem, November 15, 2013. (Meital Cohen/Flash90)
From the WebMay 13, 2021, 11:37 am
Israel’s Bank Hapoalim Q1 profit jumps on reversal of loan loss provision
Reuters: Israel’s largest lender posts a bigger-than-expected surge in quarterly profit, earning NIS 1.354 billion ($412 million) vs NIS 192 million in Q1 2020
An illustration of the Wix.com ecommerce platform in action (Courtesy)
From the WebMay 12, 2021, 3:44 pm
Website creator Wix.com expects $14 bln in revenue in next decade
Reuters: Due to the coronavirus, ‘merchants changed their behaviour. We are not going to go back,’ Chief Financial Officer Lior Shemesh says
An example of an AI-generated branding package created by Fiverr's logo maker. (Courtesy/Fiverr, Titus media)
May 6, 2021, 10:52 am
Fiverr reports 100% jump in Q1 revenue as momentum from pandemic stays strong
Remote work trends dictated by the virus pushed businesses online, propelling demand for the company’s freelancers’ services; Fiverr raises revenue growth forecast for 2021
By Shoshanna Solomon
Teva CEO Kare Schultz at a press conference in Tel Aviv, February 19, 2019 (Shoshanna Solomon/Times of Israel)
From the WebApril 28, 2021, 3:49 pm
Teva Pharm Q1 profit slips but Austedo sales keep rising
Reuters: First-quarter profit is in line with estimates; drugmaker on track to meet 2021 targets as sales in Huntington’s treatment Austedo and migraine product Ajovy rise
A man stands at a cash machine of the Israel Discount Bank in Jerusalem, on July 1, 2013. (Nati Shohat/Flash 90)
From the WebMay 27, 2020, 11:28 am
Israel Discount Bank Q1 profit dips on spike in credit loss provision
Reuters: The 31% decline in quarterly profit stems from a surge in credit loss provisions aimed to protect bank from potential bad loans stemming from the coronavirus pandemic
Illustrative image: Israelis walk next to Bank Leumi in Jerusalem on November 16, 2014. (Yonatan Sindel/Flash90)
From the WebMay 27, 2020, 11:12 am
Israel’s Bank Leumi moves to Q1 loss due to coronavirus outbreak
Reuters: Leumi, one of Israel’s two largest banks, lost NIS 232 million ($66 million) in the first quarter, compared with a net profit of NIS 1.09 billion a year earlier
View of the Bank Hapoalim offices in the center of Tel Aviv, August 04, 2015 (Miriam Alster/FLASH90)
From the WebMay 14, 2020, 12:41 pm
Israel’s Bank Hapoalim profit falls on COVID-19 provisions
Reuters: Israel’s largest bank reports Q1 net profit of NIS 192 million ($54 million) vs NIS 821 million a year earlier; shares slide 1.9% in morning trade, in line with market
Teva CEO Kare Schultz at a press conference in Tel Aviv, February 19, 2019 (Shoshanna Solomon/Times of Israel)
May 7, 2020, 4:00 pm
Teva’s shares surge as first quarter results beat expectations
Strong results due to greater demand for generic and OTC products and respiratory products, says pharmaceutical firm president and CEO Kåre Schultz
By Shoshanna Solomon
An Israeli worker walks by the offices of Israeli pharmaceutical company Teva Industries in Jerusalem, October 11, 2013. (Yonatan Sindel/Flash90)
From the WebMay 2, 2019, 4:42 pm
Israel’s Teva Pharm Q1 profit falls slightly less than forecast
Reuters: World’s largest generic drugmaker earned 60 cents per diluted share, down from 94 cents a year earlier; says on track to cut $3 billion in costs by the end 2019
Aerial view of the Caesarstone US manufacturing facility in Richmond Hill, Georgia. (Courtesy)
May 1, 2019, 5:13 pm
Countertop maker Caesarstone to cut 7% of global workforce
Reductions will come across all business units and regions; the firm plans to invest in innovation for its key products and expand sales efforts in key markets
By Shoshanna Solomon
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