Mellanox Technologies Ltd. tumbled the most this month in Tel Aviv after U.S.-traded shares of the Israeli maker of data-transfer technology fell and amid concern over the lack of a decision about splitting the roles of chairman and chief executive officer.
Results from Given Imaging Ltd.’s latest clinical study of a pill-sized camera used to identify colon cancer probably will help the Israeli manufacturer secure U.S. regulatory approval this year, Chief Executive Officer Homi Shamir said.
Azorim-Investment Development & Construction Co.’s bonds gained, pushing the yield down the most on record, after investors sought more than three times the amount available of the Israeli company’s debt.
Bezeq Israeli Telecommunication Corp. 2022 bonds fell, lifting the yield to the highest in more than a month, as the country’s largest phone service provider today plans to sell debt in a private placement.
Teva Pharmaceutical Industries Ltd., which just two years ago was analysts’ highest-rated stock among the world’s 20 biggest drugmakers, is struggling to convince investors that a key part of its strategy will revive growth.