Tag archive for ‘operating’
Vered Weiss On Sunday, February 1st, 2015

Arab Bank of Jordan Reports Robust Loan Growth

Jordan’s Arab Bank Group, the leading lender in the country, reported loan growth with a 15% increase in net profit for 2014 to $577 million, as reported by Reuters. Even though there was volatility More...

Vered Weiss On Sunday, February 1st, 2015

Mark Zuckerberg Can Afford a ‘Spend to Win’ Strategy for Facebook

Facebook reported successful quarterly earnings, but like many large companies, it might have to keep spending to win. After growth companies pass the first phase of a meteoric rise in stock price and popularity, More...

Jewish Business News On Sunday, February 1st, 2015

Magic Software Enterprises Has Another Record Year in 2014

Magic Software Enterprises Ltd, an Israeli provider of software platforms for enterprise mobility, cloud applications, and business integration, announced its fifth consecutive year of record breaking revenues. Revenues More...

Eli Horn On Saturday, January 31st, 2015

Spotify Expected to Seek $500 Million in Financing Before Going Public

Music streaming service Spotify has hired Goldman Sachs for a new round of financing in an effort to raise about $500 million and boost the startup’s value to as much as $8 billion, according to anonymous sources. The More...

Vered Weiss On Monday, January 26th, 2015

Can Paula Schneider Work Her Magic at American Apparel?

Paula Schneider, who has been a retail turnaround artist at Warnaco and Big Strike, is likely to work her magic as new CEO of American Apparel after Dov Charney was finally ousted after a period of scandal More...

Noam Meir On Monday, January 26th, 2015

New York’s Historic Adas Yisroel Anshe Mezritch Synagogue to Soon Reopen

New York’s historic Adas Yisroel Anshe Mezritch Synagogue will reopen soon after a long renovation which began six months ago. Located on 415 E. 6th St. in Manhattan’s East Village neighborhood its building More...

Jewish Business News On Monday, January 26th, 2015

Gazit-Globe Takes Over Atrium

Israel’s largest real estate investment firm, Gazit-Globe, has become the controlling shareholder in Atrium European Real Estate Limited. It now has a 55% stake in the company after acquiring an additional More...

Idan Rabi On Thursday, January 22nd, 2015

Harman Acquires Red Bend Software for $200 Million

Software management technology company Red Bend is based in Hod Hasharon.     Veteran Israeli company Red Bend Software was sold today for $170 million in cash and shares, and a further $30 million More...

Eli Horn On Thursday, January 22nd, 2015

Report: Value of Marc Lasry’s Milwaukee Bucks Climbs to $600 Million

Less than a year after Marc Lasry and Wes Edens bought the Milwaukee Bucks for $550 million, the franchise is now worth $600 million, according to a new analysis of the values of National Basketball Association More...

Gil Tanenbaum On Friday, January 16th, 2015

Google Pulls Glass Explorer to Develop Newer Google Glass Product

Tony Fadell, who worked at Apple and co-founded the Nest thermostat company, has been tapped by Google to take charge of its Glass Glass. The company is also putting an end to its Glass Explorer program. Google More...

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