Daniel Meron News
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Allot Communications Ltd. rose to a seven-week high in New York on speculation an order from India’s Tata Communications Ltd. will spur further emerging-market sales for the Israeli technology company.
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ClickSoftware Technologies Ltd., the Israeli company that makes computer programs used to manage workforces, rallied the most in three weeks after its 2013 sales forecast beat analysts’ estimates.
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A divided U.S. Supreme Court ruled for the first time that criminal defendants have a constitutional right to a competent lawyer when they are offered a chance to plead guilty to get a reduced sentence.
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ClickSoftware Technologies Ltd., the maker of order-tracking programs, is posting the best returns among the largest Israeli companies traded in New York after adjusting for price volatility as its customers seek to retain clients by investing in better service.
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Israeli technology companies will benefit from the shekel’s worst performance in a decade when reporting 2011 earnings this week, as the currency’s slide reduced their local expenses.
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Allot Communications Ltd., Israel’s biggest maker of high-speed networking equipment, jumped to a two-month high in New York yesterday, limiting losses in the country’s stocks traded in the U.S., after signing a contract.
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Israeli stocks traded in New York fell, sending the benchmark index on track to its first monthly retreat since May, as the global slowdown propelled Nice Systems Ltd. and Ceragon Networks Ltd. to cut their outlooks.
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Ormat Technologies Ltd., the Reno, Nevada-based unit of an Israeli power plant developer, rose the most in two months in New York on speculation a new building contract will boost earnings per share by the end of 2013.
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Nice Systems Ltd. is posting the best start to a year since 2007 amid speculation it will report record net income as an increase in corporate Internet attacks boosted demand for the Israeli technology company’s products.
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EZchip Semiconductor Ltd. surged to the highest on record as it closed the gap with U.S.-traded shares after the Tel Aviv Stock Exchange opened for the first time since Feb. 7 following a general strike.
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