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Jewish Business News

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Business

– Perrigo is acquiring Ireland’s Elan, a beneficiary of royalties from rival multiple sclerosis treatment, Tysabri. – – A safety warning by the US...

IPOs

– The medical devices company plans to raise the money at a company valuation of $500 million by February. – – Sources inform ”Globes”...

Business

– Assuming that Check Point pays a tax rate of 5-6%, its tax liability will be $82-102 million (NIS 300-360 million). – Check Point...

Business

– Carlos Slim has invested in the company and America Movil will offer Mobli’s services to its mobile users. – The Mexican Billionair Carlos...

Money

– Yehudit Bronicki will retire on June 30, 2014, after 48 years at the geothermal energy company, including 23 years as CEO. – Yehudit...

Court

– In July, the US Court of Appeals upheld a lower court decision invalidating four patents on the blockbuster MS treatment. – – Reuters...

Real Estate

– Barry S. Sternlicht who is Chairman of Starlight Capital, and a major current shareholder of TRI Pointe – TRI Pointe Homes of Irvine Cailifornia today...

Financial Research

– JPMorgan has downgraded Teva to “Underweight”, just two months after downgrading it to “Neutral.” – JPMorgan has downgraded Teva Pharmaceutical Industries Ltd. (NYSE:TEVA; TASE: TEVA) to...

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– Representatives of Australia’s Woodside Petroleum will be in Israel shortly to move forward on buying 30% of the Leviathan field. – – Representatives...

Business

– Perrigo Initiates Nationwide Voluntary Product Recall Of Acetaminophen Infant Suspension Liquid, 160 mg/5 mL, Due To A Potential Defect With The Co-Packaged Oral...