EZchip Semiconductor Ltd., the worst-performing stock among Israeli companies traded in New York over the past month, is poised to extend declines as competition grows, according to Chardan Capital Markets LLC.
Rakefet Russak-Aminoach stepped down as chief executive officer of one of Israel’s leading accounting firms in 2003 to pursue her long-time dream of succeeding her mentor, Galia Maor, in the top job at Bank Leumi Le-Israel Ltd.
Mellanox Technologies Ltd. Chief Executive Officer Eyal Waldman is betting the purchase of Voltaire Ltd. may help the Israeli maker of data-center adapters and software to boost sales 10-fold within the “coming years.”
Mellanox Technologies Ltd., an Israeli adaptor maker, expects more takeovers in the sector as the acquisition of RadVision Ltd. helps boost the volume of technology and Internet deals to the highest since 2007.
Potash Corp. of Saskatchewan Inc. is in discussions to acquire Israel Chemicals Ltd. less than five months after it dropped a bid to raise its stake. Talks may be even more difficult this time as the country heads to January elections amid security tensions.
Options traders are raising bets to the highest since October that Mellanox Technologies Ltd., the maker of data-center adapters and software part-owned by Oracle Corp., will extend a 115 percent rally on demand for cloud technology.
Gazit-Globe Ltd., the Israeli real estate firm that surged to a two-year high yesterday, is seeking to grow in Sweden and sees Brazil’s slowdown as an opportunity to buy properties at lower prices, Chairman Chaim Katzman said.
Mellanox Technologies Ltd. tumbled to the lowest level since April in New York after the Israeli developer of data-management technology cut its fourth-quarter revenue forecast on weaker demand and a product glitch.