CIBC World Markets' Conference Highlights Leading Israeli-related Technology Companies; Intel, TEVA Pharmaceutical Executives Keynote Speakers At November 27 - 28 Conference.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--Nov. 27, 2001 Senior executives of leading Israeli-related technology companies will provide the latest information about their companies' technologies and products at CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company World Markets' Sixth Annual Israeli-Related Equities Conference. The two-day conference, which begins this morning at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Marriott East Side, features 45 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , ranging from semiconductor and digital DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. chip-makers to defense contractors and pharmaceutical firms. Many of the Israeli-related tech stocks featured at the conference are traded over the Nasdaq Composite The Nasdaq Composite is a stock market index of all of the common stocks and similar securities (e.g. ADRs, tracking stocks, limited partnership interests) listed on the NASDAQ stock market, meaning that it has over 3,000 components. It is highly followed in the U.S. Growth Index. Shaul Eyal, CIBC World Markets' equity analyst who heads up research coverage of the Israeli technology sector, and Eli Shani, the firm's investment banking representative in Israel, organized the annual conference. "The fortunes of Israeli-related stocks are less closely tied than in the past to political and military events in the Middle East," said Eyal. "Generally, Israeli companies The top 10 Israeli companies by sales are[1]:
Companies making presentations at the conference include Check Point Software Technology, Tower Semiconductors Ltd., Zoran Corp., Elbit Systems Ltd. and Taro Pharmaceutical Industries Ltd. A complete list of presenting companies is available at the conference web site: www.cibcwm.com/conferences/israeliO1. Today's luncheon presentation features a keynote address by Jamie Robertson-Lavalle, director of strategic investments, Intel Corp. The keynote presentation at 1:00 P.M. tomorrow includes Dan S. Suesskind, chief financial officer, TEVA TEVA Tucson Electric Vehicle Association Pharmaceuticals Industries Ltd., and a round table of top-ranked CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. analysts. "Today's conference reaffirms CIBC World Markets' commitment to Israeli technology and healthcare companies," said Marshall A. Heinberg, managing director and head of corporate finance for CIBC World Markets. "For the past decade, we have been a prominent investment bank in Israel, with a full line of investment banking and research services." Since 1994, CIBC World Markets has participated in more than 80 transactions with Israeli-related companies, raising more than $5 billion. In addition, CIBC World Markets is the leading market maker and research provider for about 100 Israeli companies - mostly high-tech firms - that are currently traded over U.S. stock exchanges, Heinberg added. CIBC World Markets, the investment and merchant banking operation of CIBC, offers a full range of integrated credit and capital markets products, securities, and brokerage and asset management services to corporate, government, and institutional clients. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion