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Bio Blast posts 1Q loss

TEL AVIV, Israel— Bio Blast Pharma Ltd. on Wednesday reported a first-quarter net loss of $4.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Tel Aviv, Israel- based company said it had a net loss of 32 cents. Keywords: Bio Blast Pharma, Earnings Report.

Source: The Associated Press

Israel Chemicals posts 1Q profit

TEL AVIV, Israel _ Israel Chemicals Ltd. on Wednesday reported first-quarter net income of $66 million. On a per-share basis, the Tel Aviv, Israel- based company said it had net income of 5 cents. Keywords: Israel Chemicals, Earnings Report.

Source: The Associated Press

Galmed Pharmaceuticals reports 1Q loss

TEL AVIV, Israel _ Galmed Pharmaceuticals Ltd. on Monday reported a loss of $4 million in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share. Galmed Pharmaceuticals shares have fallen 34 percent since the beginning of the year.

Source: The Associated Press

Alcobra reports 1Q loss

TEL AVIV, Israel _ Alcobra Ltd. on Monday reported a loss of $5.1 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

Source: The Associated Press

UPDATE 1-Teva Pharm's quarterly profit beats forecast, sees Actavis deal closing in June

TEL AVIV, May 9- Teva Pharmaceutical Industries', the world's biggest generic drugmaker, reported better-than-expected first-quarter profits on Monday and said it still expected its $40.5 billion acquisition of Allergan's generic drug business to close in June. Israel- based Teva earned $1.20 per share excluding one-time items in the quarter, compared with...

Source: Reuters

Wix.com reports 1Q loss

TEL AVIV, Israel _ Wix.com Ltd. on Wednesday reported a loss of $19.9 million in its first quarter. For the current quarter ending in July, Wix.com said it expects revenue in the range of $66 million to $67 million. Wix.com shares have climbed slightly more than 7 percent since the beginning of the year.

Source: The Associated Press

INTERVIEW-Israeli brothers bring TripAdvisor model to world of funds

LONDON, April 13- Consumers who are happy to buy everything from hotels to washing machines, movies and cars on the recommendation of online rankings can now do one more thing: invest in funds. Co-founded by two brothers from their base just outside Tel Aviv, the platform- launched this week- ranks individual funds according to reviews from professional and retail...

Source: Reuters

Silicon Valley gets direct flight to Israel

The Silicon Valley-Israel technology connection has been building for decades, and now it’s possible to get a direct flight from San Francisco to Tel Aviv.

Source: CNBC.com

United flying direct from San Francisco to Tel Aviv

United Airlines 954 is the first non-stop flight from San Francisco to Tel Aviv's Ben Gurion airport.

Source: CNBC.com

U.S. firms target investment in Israeli cannabis R&D

*Israel focuses attention on cannabis research. *Investment in Israel expected to double in 2016. TEL AVIV, March 29- Already a pioneer in high-tech and cutting-edge agriculture, Israel is starting to attract American companies looking to bring medical marijuana know-how to a booming market back home.

Source: Reuters