Teva Stock Price Rises

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Teva Pharmaceutical, Ltd., traded on the NASDAQ and Tel Aviv Stock Exchanges, has bounced off its two-year low of $45 a share, and is currently trading 11% higher. This rise is likely due to its recent acquisition of a specialty, branded drug-maker Cephalon for $6.8 billion in early May. It …

The Upcoming Dollar Crisis

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The dramatic events of the global sub-prime crisis, credit crunch, ensuing tumble of home prices and the stock market in 2008/2009 have damaged many families’ financial situation, shaken their confidence, and caused much anxiety regarding their financial future. Our natural ability to adapt, however, makes us more inclined to “adjust” …

Israel Financial Update: March 2011

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In surprising economic news, Israel’s Gross Domestic Product (GDP) rose 7.8% in the fourth quarter of 2010 (5.4% in 2010). The Shekel continues to strengthen against the dollar, gaining another 1% in February, 2011. Israeli investment account holders enjoyed this benefits as their holdings are in Shekels. Israeli stocks continue …

Israel Financial News Update – February 2011

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The Shekel continues to strengthen against the dollar, gaining 16% in the past 21 months. Israeli investment account holders enjoyed this benefits as their holdings are in Shekels. The Israeli stock market outperformed Wall Street yet again in 2010. The Tel Aviv 25 Index returned 16.3% vs. the Dow Jones …