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Last 19.50
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IDBH On Other Exchanges
Tel Aviv
As of 10:24 AM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

idb holding corp ltd (IDBH) Snapshot

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52 Week High
09/1/14 - $39.00
52 Week Low
12/21/14 - $13.40
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idb holding corp ltd (IDBH) Details

IDB Holding Corporation Limited engages in the communication, financial, technology, industry, real estate, and retail sectors in Israel, the United States, and Switzerland. The company provides cellular and landline telephony, and roaming services, as well as music, video, and mobile office services; and data communications, Internet connectivity, and international telephony services. It also offers non-life insurance products, including automobile, home, property, liability, and multifaceted business insurance products; long-term savings; and health, travel, dental and nursing care, and foreign workers’ insurance products, as well as commercial and consumer credit, mortgages, factoring, and credit insurance. In addition, the company provides various services, such as asset management, investment banking, underwriting, brokerage, foreign currency, investment management, and issuance of financial products. Further, it is involved in the manufacture, marketing, and sale of crop protection products comprising herbicides, insecticides, and fungicides, as well as plant growth regulators, environmental solution products, food supplements, and aroma chemicals; and oil and gas exploration activities. Additionally, the company develops and leases real estate properties comprising commercial, office, and residential projects; has holdings in agricultural, leisure, and sports fields; and manages high-tech and industrial parks, logistic centers, and residential neighborhoods. It also operates a retail chain for food and consumer goods; offers travel and aviation services and products; and operates in medical devices and imaging, defense electronics, information and communications technologies, and semiconductors sectors. IDB Holding Corporation Limited is headquartered in Tel-Aviv, Israel.

idb holding corp ltd (IDBH) Top Compensated Officers

Chief Executive Officer and Chief Executive O...
Total Annual Compensation: 1.8M
Compensation as of Fiscal Year 2013.

idb holding corp ltd (IDBH) Key Developments

IDB Holding Corporation Limited Auditor Raises 'Going Concern' Doubt

IDB Holding Corporation Limited filed its Annual on Apr 02, 2015 for the period ending Dec 31, 2014. In this report its auditor, Somekh Chaikin, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

IDB Holding Corporation Limited Reports Earnings Results for the Second Quarter and Half Year of 2014

IDB Holding Corporation Limited reported earnings results for the second quarter and half year of 2014. For the quarter, the company posted a profit of ILS 1.7 billion, which compares with a loss of ILS 108 million in the corresponding quarter. The company’s revenue fell 34%, to ILS 3.46 billion. For the six months, the company posted a profit of ILS 1.97 billion in the first half of 2014, compared with a profit of ILS 22 million in the corresponding period of 2013. The company's revenue totaled ILS 9.15 billion in the first half of 2014, compared with ILS 10.85 billion in the first half of 2013, representing a 16% decline.

IDB Holding Corporation Limited Announces Executive Changes

After losing control of IDB Holding Corp. Ltd., Nochi Dankner has resigned from the company's board of directors, as well as from the boards of its operational subsidiary, IDB Development Corporation, and from all of the conglomerate's companies, including Clal Insurance Enterprises Holdings Ltd, Discount Investment Corporation, Property and Building Ltd, Shufersal Ltd., and Koor Industries Ltd. As part of IDB Holding's debt settlement, directors on behalf of its previous controlling shareholder, Dankner, have resigned, and will be replaced by directors representing the trustees and the new controlling shareholders, Eduardo Elsztain and Moti Ben-Moshe. The Tel Aviv District Court has also approved the appointment of Aharon Fogel as chairman of IDB Development, and a new CEO will be appointed for the company.


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