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Israel Corporation Ltd (ILCO.TA)

ILCO.TA on Tel Aviv Stock Exchange

51,450.00ILa
4:30pm IST
Change (% chg)

-2,130.00 (-3.98%)
Prev Close
53,580.00
Open
52,750.00
Day's High
52,750.00
Day's Low
51,150.00
Volume
11,026
Avg. Vol
11,261
52-wk High
105,100.00
52-wk Low
51,150.00

Latest Key Developments (Source: Significant Developments)

Israel Corporation Reports Qtrly Net Profit Of $42 Million
Friday, 15 Nov 2019 

Nov 14 (Reuters) - Israel Corporation Ltd ::ISRAEL CORP. REPORTS RESULTS FOR THIRD QUARTER OF 2019.ISRAEL CORPORATION LTD QTRLY NET PROFIT TO CO'S SHAREHOLDERS $42 MILLION.ISRAEL CORPORATION LTD - AS OF SEPT 30, FINANCIAL LIABILITIES WERE $1,332 MILLION, AND INVESTMENTS IN LIQUID ASSETS AMOUNTED TO $302 MILLION.ISRAEL CORPORATION LTD - NET DEBT AS OF SEPT 30, TOTALED $1,000 MILLION.  Full Article

Israel Corp Qtrly Net Profit To Company's Shareholders $58 Mln Versus $49 Mln
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Israel Corporation Ltd ::ISRAEL CORP. REPORTS RESULTS FOR SECOND QUARTER OF 2019.ISRAEL CORPORATION - AS OF JUNE 30, TOTAL FINANCIAL LIABILITIES WERE $1,315 MILLION, & INVESTMENTS IN LIQUID ASSETS AMOUNTED TO $254 MILLION.ISRAEL CORPORATION LTD QTRLY NET PROFIT TO COMPANY'S SHAREHOLDERS $58 MILLION VERSUS $49 MILLION.ISRAEL CORPORATION LTD - INTENDS TO ALLOCATE AGGREGATE AMOUNT OF $350-500 MILLION IN NEXT FOUR YEARS IN ORDER TO MAKE INVESTMENTS IN NEW COMPANIES.  Full Article

Israel Corp Says Financial Liabilities Of $1,365 Mln At March-End
Thursday, 16 May 2019 

May 16 (Reuters) - Israel Corporation Ltd ::ISRAEL CORP. REPORTS RESULTS FOR FIRST QUARTER OF 2019.AS OF MARCH 31, 2019, TOTAL FINANCIAL LIABILITIES WERE $1,365 MILLION, AND INVESTMENTS IN LIQUID ASSETS AMOUNTED TO $285 MILLION.QTRLY NET PROFIT TO COMPANY'S SHAREHOLDERS $65 MILLION VERSUS $432 MILLION.NET DEBT AS OF MARCH 31, 2019 TOTALED $1,064 MILLION.IN CONNECTION WITH UPDATING BUSINESS STRATEGY, IC WILL MAKE CHANGES IN ITS MANAGEMENT TEAM.AVISAR PAZ WILL FINISH HIS ROLE AS CEO OF COMPANY AND WILL CONTINUE TO SERVE AS A DIRECTOR IN BOTH ICL AND ORL.YOAV DOPPELT WILL BE APPOINTED AS CEO AND WILL LEAD UPDATED STRATEGY IN PARALLEL TO HIS POSITION AS CHAIRMAN OF BOARD OF ICL.DATE OF AVISAR PAZ'S TERMINATION OF OFFICE AND YOAV DOPPELT'S BEGINNING OF OFFICE IS EXPECTED TO TAKE PLACE DURING Q2.BOARD INSTRUCTED MANAGEMENT TO SUBMIT COMPREHENSIVE PLAN TO IMPLEMENT UPDATED STRATEGY FOR BOARD'S APPROVAL IN COMING MONTHS.INTENDS TO ALLOCATE AGGREGATE AMOUNT OF $350-500 MILLION IN NEXT FOUR YEARS IN ORDER TO MAKE INVESTMENTS IN NEW COMPANIES.WILL AVOID INVESTING IN START-UP COMPANIES..  Full Article

Israel Corp Says Yoav Doppelt Will Be Appointed As CEO Of Company
Wednesday, 20 Mar 2019 

March 19 (Reuters) - Israel Corporation Ltd ::ISRAEL CORP. REPORTS RESULTS FOR FOURTH QUARTER OF 2018.ISRAEL CORPORATION LTD - AVISAR PAZ WILL FINISH HIS ROLE AS CEO OF COMPANY.ISRAEL CORPORATION LTD - YOAV DOPPELT WILL BE APPOINTED AS CEO OF COMPANY.ISRAEL CORPORATION - DATE OF AVISAR PAZ'S TERMINATION OF OFFICE AND YOAV DOPPELT'S BEGINNING OF OFFICE IS EXPECTED TO TAKE PLACE DURING Q2 OF 2019.  Full Article