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As American defense companies prepare to feel the ill effects of the sequester on their bottom lines, the companies are increasingly looking to court new customers abroad.
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*Exploring phosphate mining sites outside of Israel. Net profit in the quarter rose six percent to $305 million from $289 million a year earlier and revenue grew nine percent to $1.64 billion.
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JERUSALEM, May 10- He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.
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*The benchmark U.S. crude oil contract, for June, dropped 41 cents to $95.98 a barrel by 0101 GMT, after settling down 23 cents at $96.39. It ended 13 cents higher at $104.47 per barrel on Thursday, up more than $1 from a session low of $103.45.
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TEL AVIV, May 9- Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.
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The Israel- based company, which has submitted a bid with two partners to build a semiconductor plant in India, also said on Thursday it had been advised a decision would be made by the government in the next few weeks.
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*Sees Q2 revenue $220- $230 mln, adj EPS $0.58- $0.64. JERUSALEM, May 8- Israel- based software provider Nice Systems expects an increase in demand for its video analysis systems in the wake of the Boston Marathon bombing, where suspects were tracked down from security camera footage.
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UNITED NATIONS, May 7- The U.N. peacekeeping force in southern Lebanon has protested to Israel after it observed increased violations of Lebanese air space by Israel, which carried out raids in Syria to target what it said were Iranian missiles bound for Hezbollah militants.
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ANKARA, May 7- Turkish Prime Minister Tayyip Erdogan condemned on Tuesday Israeli air strikes on targets near Damascus, saying they were an opportunity for Syrian President Bashar al-Assad's government to cover up its own killings. "The air strike Israel carried out on Damascus is completely unacceptable.
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JERUSALEM, May 7- Israel will slash spending and hike taxes this year and next to rein in a growing budget deficit that Finance Minister Yair Lapid warned could cause an economic collapse if left unchecked.
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*Israelis hit air defences overlooking Damascus. Around Damascus the warplanes staged a series of raids in the early hours of Sunday including on President Bashar al-Assad's air defences, opposition and rebel sources said.
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ANKARA, May 7- Turkish Prime Minister Tayyip Erdogan condemned on Tuesday Israeli air strikes on targets near Damascus, saying they were an opportunity for Syrian President Bashar al-Assad's government to cover up its own killings. "The air strike Israel carried out on Damascus is completely unacceptable.
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*Israel says' no winds of war' despite Syria air strikes. LONDON, May 7- Brent crude oil fell slightly on Tuesday after the risk premium created by an Israeli air strike on Syria began to fade. The benchmark hit its highest in nearly a month above $105 in the previous session on fears of supply disruption after the Israeli air strikes on Syria close to Damascus.
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*Israel says' no winds of war' despite Syria air strikes. LONDON, May 7- Brent crude oil fell below $105 per barrel on Tuesday, after the risk premium caused by an Israeli air strike on Syria faded. The benchmark hit its highest in nearly a month above $105 in the previous session on fears of supply disruption following Israeli air strikes on Syria close to Damascus.
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*Israel says' no winds of war' despite Syria air strikes. LONDON, May 7- Brent crude oil fell below $105 per barrel on Tuesday, after the risk premium caused by an Israeli air strike on Syria faded. The benchmark hit its highest in nearly a month above $105 in the previous session on fears of supply disruption following Israeli air strikes on Syria close to Damascus.
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TEL AVIV, May 7- Super-Sol, Israel's largest supermarket chain, reported a 45 percent jump in quarterly net profit on Tuesday due to rising sales in its discount stores and cost cutting measures.
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*Israel says' no winds of war' despite Syria air strikes. SINGAPORE, May 7- Brent futures slipped below $105 a barrel on Tuesday, as investors saw the recent surge in prices as an opportunity to book profits, with concerns of an escalation in tensions in the Middle East helping to stem losses.
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*Israel says' no winds of war' despite Syria air strikes. SINGAPORE, May 7- Brent futures slipped back towards $105 a barrel on Tuesday as investors saw the recent surge in prices as an opportunity to book profits, with concerns of an escalation in tensions in the Middle East helping to stem losses.
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*Israel says' no winds of war' despite Syria air strikes. SINGAPORE, May 7- Brent futures slipped back towards $105 a barrel on Tuesday as investors saw the recent surge in prices as an opportunity to sell and book profits, with concerns of an escalation in tensions in the Middle East helping to stem losses.
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*Israel says' no winds of war' despite Syria air strikes. SINGAPORE, May 7- Brent futures slipped back towards $105 a barrel on Tuesday as investors saw the recent surge in prices as an opportunity to sell and book profits, with concerns of an escalation in tensions in the Middle East helping to stem losses.
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INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asian shares steady on higher Wall Street* Oil rises to over $105 per barrel on Mideast tensions* MIDEAST STOCKS-Dubai, Kuwait rally pauses; Gulf mkts mixed* Turkish markets mixed as lira rise signals more rate cuts* Gold ticks lower as equities gain, ETFs plunge* Israel says' no winds of war' despite Syria air strikes* Bombs, mosque attack kill 17 in Iraqi capital- police* Kerry to' make another stab' at Syria deal with Russia* UN distances self from report Syrian rebels used nerve gas* Influential U.S. senator offers bill to arm Syria rebels* Iran presidency candidates to step forward, finally.