Shares of On Track Innovations Ltd jumped 6.9 percent to $3.55. Net Element Inc more than doubled, up 119 percent to $3.80. But eBay Inc fell 3.1 percent to $51.10 as analysts viewed as a threat to PayPal, its online payment service.
Sept 10- Apple Inc's unveiling of larger iPhones and a mobile payments service led to contrasting fortunes for GT Advanced Technologies Inc and On Track Innovations Ltd.. Shares of GT Advanced plunged a second day on Wednesday after it emerged that the company's scratch-resistant sapphire glass had been left out of Apple's new large-screen iPhones.
NEW YORK, Sept 10- U.S. stocks were higher on Wednesday, with shares erasing early losses on the back of strength in technology shares, which offset continued weakness in energy names.
NEW YORK, Sept 10- U.S. stocks edged higher at midday on Wednesday as a rebound in Apple's stock offset declines in energy shares. It continues to be an underweight name for most institutional investors, "said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. Exxon Mobil fell 1 percent.
NEW YORK, Sept 10- Companies that deal in wireless and cash-less payments are soaring on Wednesday, notching some of their biggest moves ever in the wake of Apple Inc announcing a mobile payment service. Net Element Inc more than doubled, up 155 percent to $440 in its biggest one-day advance ever.
NEW YORK, Sept 10- U.S. stocks dipped on Wednesday, putting the S&P 500 on track to retreat for a sixth session out of the past seven, although the longer-term strength of the equity market was still considered intact.
By and large Israel’s business and finance movers and shakers are confident Israel will weather whatever storm comes at them and persevere on the business front.