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Israeli cybersecurity company Check Point Software Technologies kicked off its first full quarter under new CEO Nadav Tzafrir with solid financial results, modestly exceeding analysts’ expectations. The company reported a 7% year-over-year increase in revenue, reaching $638 million—right in the middle of its forecasted range and slightly above market predictions of $636.2 million. Net income climbed 9% to $246 million, or $2.21 per share, surpassing analysts’ expectations of $2.19 per share

Many areas in Israel have been painted white, and in the high areas of Jerusalem the snow has piled up to a height of 2 cm. Snowflakes have been falling in the capital in recent hours, and according to the forecast, snow is expected to increase tonight. In Jerusalem and all the intercity lines to and from it as well as the light rail activity. In the evening, it also started to snow in Mitzpe Ramon. In the north, the snow piled up in some localities to a height of about 40 cm. Kerem Ben Zimra and Dalton. A resident of Mitzpe Ramon, Effie Perry, said following the snow that "the excitement...

The heavy rains that have been falling for more than a day across the country bring great blessing and tens of millimeters have fallen mainly in the north of the country. With this there are many glitches and accidents. A 27-year-old man was found unconscious on Thursday afternoon after drifting in a stream in the Wadi Selma area near Carmiel. MDA paramedics and paramedics perform CPR operations there. Rescue teams were called to the scene immediately when MDA Call Center 101 was reported missing. At the same time, searches for a 14-year-old boy who went missing in the Yarqa area continue...

Prime Minister Benjamin Netanyahu's announcement of a waiver of immunity is speeding his way to the bench, as Attorney General Avihai Mandelblit is no longer in charge of filing the indictment tomorrow morning. It is doubtful he will do so now that the prime minister is still in the US or back from his mission, but surely that will happen in the coming days

Following negotiations in the past few weeks between the Histadrut, the Pelephone employees and the company's management, the parties signed a new agreement that will allow the company to deal with the consequences of the Corona crisis, while reducing the damage to its employees. Negotiations on the agreement were led by MZA VP of Zvika Abramovitz, Chairman of the Cellular Workers 'Union, Internet and High Tech at the Yaki Pioneering Federation, and Chairman of the Workers' Committee Yechiel Shemen. Accompanying the negotiations: Prof. Yaron Zelicha Dr. Kfir Ze'ev of the Orna Lin office,...

Over the past few years, about 40% of all companies traded on the Tel Aviv Stock Exchange have distributed dividends to their shareholders, according to a survey conducted by analyst Yuval Tzuk of the TASE Research Department for 2014 to 2019. Of all companies that distributed a dividend, more than 80% (164 companies) Dividend classes regularly. Dividend distribution is a positive signal for investors about the company's profitability and transmits expectations about the future, while strengthening its position and image among investors. A situation where a dividend-dividing company does...

Israel is on its way to a fourth election in less than two years. The Knesset plenum rejected on Tuesday night in the first reading the bill to postpone the date of the dissolution of the Knesset, and it appears that it will be dissolved at midnight. This is after no agreements were reached between the Likud and Blue and White, and the Likud's attempts to recruit a majority failed. MK Michal Shir from the party objected and announced that she would join Gideon Saar's new party and MK Sharan Hashakel (Likud) was absent. A majority of Blue and White MKs were absent, but three of them,...