|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||3.4500 - 3.5300|
|52 Week Range||2.7500 - 4.6400|
|Beta (5Y Monthly)||0.04|
|PE Ratio (TTM)||7.75|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 25, 2018|
|1y Target Est||N/A|
The three corruption cases against Israeli Prime Minister Benjamin Netanyahu have all the makings of a political thriller. On Thursday, after more than three years of investigations, the most dominant Israeli politician of his generation was charged with bribery, fraud and breach of trust. Investigators have not revealed the informants who provided the first tips about alleged corruption by the veteran conservative nicknamed "King Bibi." But from there they methodically picked off members of the prime minister's inner circle of hand-picked aides and senior officials as state witnesses against him.
Israeli Prime Minister Benjamin Netanyahu said on Thursday he would not resign despite being charged with bribery, fraud and breach of trust in a corruption scandal that he denounced as an "attempted coup". The charges announced by Attorney General Avichai Mandelblit were the first of their kind against a serving Israeli prime minister and represented the gravest crisis in the political career of Israel's longest-serving leader.
Israel is prepared to ease up on demands it had made on Bezeq Israel Telecom to rescue plans for a nationwide fiber-optic network, the Communications Ministry said on Tuesday. Bezeq, Israel's main fixed-line operator, has said it was unable to carry the costs of laying fiber optics to some rural areas, stalling plans for a national network in a country that prides itself as a hub for technology and software development. Under the new proposals, instead of requiring Bezeq to build a fiber-optic network across the whole country, the regulator would allow the company to choose where it rolls out its network, the ministry said.
Israel's largest telecom group, Bezeq, said on Thursday that wholly owned subsidiary Bezeq International, an internet service and overseas calling provider, reached an agreement with its labor union regarding a efficiency program through 2021. The plan, which will cost some 6 million shekels ($1.7 million), calls for letting go up to 325 workers, some under a voluntary retirement framework, and the possibility that the company will not replacing them. In addition, the agreement includes a one-time payment to employees not included in the retirement plan, Bezeq said in a regulatory filing in Tel Aviv.