Israel Corp loss deepens on weak shipping unit

Newswire

JERUSALEM, May 30 (Reuters) - Israel Corp, one of Israel's largest holding companies, reported a wider quarterly net loss on Wednesday as poor results at shipping unit Zim continued to weigh on its bottom line. Israel Corp posted a first-quarter net loss of $82 million compared with a $57 million loss a year earlier. Zim lost $163 million after losing $111 million in the first three months of 2011, as the company has been hit by tough conditions in the global market and rising ...

Premium Content (PAID Subscription Required)

"Israel Corp loss deepens on weak shipping unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×