Member banks would retain a 22 percent stake in TASE while TASE employees own another 6 percent TASE has until April 18 to accept the buyback offer.
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"The TASE is updating the rules to remove barriers and aligning itself to international standards, to increase the number of active members of TASE," he said.
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The TASE began 2017 with a new chief executive, Itai Ben-Zeev.. Earlier this month, the TASE revamped its indexes, adding 10 more companies to its blue-chip index.
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"If you don't stop ... I'm gonna Tase you," he says.
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"Johnson, watch out," one officer says, preparing to tase Garcia.
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Rameez Tase is Axios vice president for audience development and insights.
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A deputy pulls out his baton, strikes, they tase him again.
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I met the police officer who chose to talk rather than tase.
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In the same period, the TASE lost more than 150 listed companies.
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Deputies attempted to Tase the suspect, identified as Austin Kelly Harrouff, 19.
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An official says Boykin gave up after cops threatened to tase him.
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TASE hosts 447 listed companies with a combined market value of $209 billion.
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Officers had to tase him after they say he tried to attack them.
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"Tase her," the other officer instructed his partner, but neither officer had a Taser.
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Earlier this year Israel enacted a law that demutualised the TASE and ended banks' control in a reform aimed at turning it into a for-profit bourse, a move Hauser said would turn the TASE into a more competitive and efficient exchange.
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Jefferies will become the second remote member of the TASE along with Merrill Lynch International.
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Current TASE members — local and foreign banks — will keep 22.3 percent of the bourse's ownership.
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In the video, he actually never asks for ID before officers tase and arrest Mumford.
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The TASE, founded 66 years ago, said the IPO drew demand from institutions, mostly global investors.
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The TASE has struggled for years to revive flagging listings and volumes, despite attempts to reform.
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"The last thing I want to do is Tase you like that," Officer Brown tells Donesha.
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The scene got so crazy cops had to tase Ronnie and handcuff him to a stretcher.
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In February Reuters reported that more than 13 exchanges, including Warsaw, have shown interest in buying TASE.
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"I made the noise with the Taser, but I did not tase my son," she told KNXV.
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Deputies tried to tase Okobi seven times as he tried to stumble away and call for help.
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"The last thing I want to do is tase you like that," Brown tells Gowdy in the video.
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Ittai Ben-Zeev, the TASE's chief executive, said it was important to open the TASE to new players.
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Many companies have complained that new regulations since the 2008 financial crisis keep them from listing on TASE.
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The word caught on and eventually gave us the verb "tase," meaning to fire a Taser at someone.
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" Braxton told the paper that King was shot four or five times, asking "Why didn't they tase him?
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He had barely entered the house, Wilsey said, when he yelled for the other officers to Tase the boy.
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In the extremely graphic video, which you can watch below, officers tase Sterling and push him to the ground.
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The TASE has seen an increasing number of IPO's this year, with eight so far, the most since 2011.
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A little excitement caused delay.. Miami PD had to TASE & forcibly remove this asshole from my flight home 😳 pic.twitter.
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That came after the TASE demutualised last September, became a for-profit bourse and offered to buy out its shareholders.
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If approved, it would be subject to a public hearing and then the TASE bylaws would need to be amended.
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TASE has also agreed to deploy Nasdaq's Genium INET technology for trading in equities, derivatives, bonds, fixed income and commodities.
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Volume remained steady at an average of $407 million a day in the first half of 2018, according to TASE.
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A police officer can elect to shoot a suspect, or tase them, or negotiate with them, or otherwise subdue them.
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Drone company Aeronautics recently raised some $130 million, in what is the largest IPO so far this year on the TASE.
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The driver allegedly refused to drop the weapon, prompting police to tase him and arrest him, officers said during the news conference.
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The TASE and the Israel Securities Authority (ISA) have long tried to lure tech firms to the stock exchange with little success.
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With 447 traded companies at a market value of $215 billion, the TASE has been struggling with delistings and declining trading volumes.
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The TASE and ISA said they want to promote technological innovation in the capital market and have already met 15 interested parties.
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The new mutual funds, meant for both private and institutional investors, are to be traded on the Tel Aviv Stock Exchange, TASE.
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The TASE earned 5.4 million shekels in the first quarter, down from 8.1 million a year earlier, citing lower revenue and higher expenses.
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Last year TASE sold nearly a 20 percent stake to investment fund Manikay Partners and another 19 percent to four other foreign investors.
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TASE, which has been struggling with delistings and declining trading volumes, became a public company this month after completing an initial public offering.
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Shmuel Hauser, chairman of the ISA, said the bill will bring TASE up to speed with the most advanced bourses in the world.
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No date has been set but in a draft prospectus, the TASE plans to sell 31.7 million shares at 7 shekels per share.
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Earlier this month, TASE and Nasdaq said they would jointly create a private market in Tel Aviv to support small growth companies in Israel.
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Hauser also said he expected the Tel Aviv Stock Exchange (TASE) to complete its demutualisation and become a for-profit entity sometime this year.
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Adding curry powder to scrambled eggs or following Tase of Home's recipe and adding it to egg salad is a great change of pace.
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The TASE, which has been struggling with delistings and declining trading volumes, became a public company this month after completing an initial public offering.
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A police department in Georgia is defending its decision to tase a 87-year-old grandmother who was cutting dandelion greens outside her house.
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Cops also tell us Jen told them Ronnie went off the rails after doing coke, which could explain why cops had to tase him.
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Last week, a source close to TASE said that more than ten stock exchange operators have shown an interest in buying a controlling stake.
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Officers repeatedly warned him that they'd tase him, but he didn't cooperate, even trying to close the car door to avoid the stun gun.
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JERUSALEM (Reuters) - U.S. financial services firm Jefferies will join the Tel Aviv Stock Exchange (TASE) as a remote member, the Israeli bourse said on Sunday.
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The TASE, which has 22 members, said Jefferies is one of the largest and most significant international players in Israel's high-tech and biotech sectors.
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"These are markets whose regulatory level is as high as in Israel and dual-listing could encouraging trade on TASE," ISA Chairman Shmuel Hauser said.
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Since the funds themselves will be traded on the TASE, they're also open to foreign investors but Laor was confident they'd attract Israeli investors foremost.
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"At no point during his interactions with Mr. Gray did Plaintiff Rice see any officers use excessive force, strike or tase Mr. Gray," the lawsuit states.
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In April, U.S.-based investment fund Manikay Partners agreed to buy 19.9 percent of TASE in a deal valuing it at 551 million shekels ($154 million).
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They already had them, like, as soon as he was running he was already grabbing for his gun, not even trying to Tase him or anything.
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The securities regulator said the deal would enable TASE to become a public company with a more diversified control of ownership and greater transparency of operations.
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The TASE said the timing of the IPO, which will be led by global financial services firm Jefferies, was now dependent on the Israel Securities Authority.
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The TASE is in the process of a demutualisation plan that has already been approved by the bourse's members and Israel's government and is awaiting parliamentary approval.
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"Hopefully... we will be get more players who are custodial members so they have direct access to the Israeli market," said Orly Grinfeld, a TASE vice president.
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It said its iShares TA-25 Israel ETF is the first that trades the underlying shares of the 25 largest shares on the Tel Aviv Stock Exchange (TASE).
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Hauser has said TASE could see a sharp increase in trading volumes after demutualisation and that the exchange should be able to cooperate with U.S. and European bourses.
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The TASE has been battling a drop in trading volume and company listings and that, according to Israeli media, has caused friction between management and the board's chairman.
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That was my mistake with the baseball bat guy: I was trying to Tase him—to no avail; the probes bounced off—after he'd introduced a deadly weapon.
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Rather than raise money on TASE, many high-tech companies have been sold to large foreign ones, which has led to a steep drop in Israel's intellectual property.
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The Tel Aviv Stock Exchange, TASE, is about to see its largest IPO ever with the sale of part of the Tamar natural gas field by Delek Drilling.
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If you're gonna run from me when I tell you to stop after I see you hit him, I'm gonna chase after you and I'm gonna tase you.
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In Tampa Bay, police tried to clear 150 people out of a park that had closed hours earlier, and had to tase a player who refused to leave.
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TASE, with 456 traded companies at a market value of $201 billion, demutualised last September and became a for-profit bourse and offered to buy out its shareholders.
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JERUSALEM, July 3 (Reuters) - Israeli cabinet ministers on Sunday unanimously approved a bill to change the structure of the Tel Aviv Stock Exchange (TASE) to a for-profit entity.
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One of the fastest growing segments on the Tel Aviv Stock Exchange (TASE) is medical cannabis and the sector got a boost in January when the government approved exports.
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The Union City Police Department defended its tactics after the rapper voiced frustration about seeing cops tase a white man on Wednesday as he attempted to flee from court.
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He is told by an officer to take his hands out of his pockets, and when he doesn't immediately, the officers wrestle him to the ground and tase him.
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The U.S. bourse cooperates closely with TASE on various issues and earlier this year the two exchanges agreed to create a private market to support small Israeli growth companies.
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I also had "river" incorrectly at the beginning of STEAMBOATS, "dog" for LOP, and "tase" for LASE, all in the early stages of solving, but everything eventually got sorted.
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He often clashed with TASE management over how to revive volumes, leading to the resignations of both the CEO and chairman of the exchange within a week in mid-2013.
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Also as part of the bill, the TASE would shift to Monday through Friday trading from its current Sunday to Thursday format, to align itself with global — mainly European — markets.
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The global financial crisis added to the exchange's woes, while many of Israel's growing high-tech firms bypass the TASE in favor of private funding or going public on Nasdaq.
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The demutualization plan, which still needs parliament's approval, aims for TASE to be more competitive, enable it to cooperate with foreign exchanges and end Israeli banks' control over the exchange.
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The membership, taking effect next month, will allow Brussels-based Euroclear to access TASE directly without engaging in trading activity, while providing settlement and asset services for domestic Israeli securities.
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The bourse will also holds talks with operators of stock exchanges abroad about a strategic partnership that could include taking a stake in TASE before it goes public, he said.
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Ronnie Ortiz-Magro from "Jersey Shore" is in police custody after allegedly striking Jen Harley, chasing her with a knife and, eventually, forcing cops to tase him ... TMZ has learned.
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TASE last September demutualized and became a for-profit exchange, offering to buy out its shareholders to list on its own bourse in 23 at a value of about $150 million.
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Ronnie allegedly refused to come out when police arrived ... and they had to bust the door and tase him before slapping cuffs on him and wheeling him out on a gurney.
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JERUSALEM (Reuters) - More than 10 foreign stock exchanges have shown interest in buying a controlling stake in the Tel Aviv Stock Exchange (TASE), a source close to the exchange said on Tuesday.
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TEL AVIV, Jan 15 (Reuters) - The Tel Aviv Stock Exchange (TASE) is planning to go public on the Tel Aviv bourse sometime in 2019, the bourse's chief executive officer said on Monday.
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JERUSALEM, June 6 (Reuters) - The Tel Aviv Stock Exchange (TASE) submitted a draft prospectus for an initial public offering to Israel's securities regulator on Thursday and reported a decline in quarterly profit.
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TASE posted a 5 percent rise in revenue in 2018 to 256 million shekels ($71 million) as net profit excluding one-time items grew to 21 million shekels from 13 million in 2017.
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JERUSALEM, Dec 25 (Reuters) - Israel's markets regulator said on Monday he will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange (TASE).
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JERUSALEM, July 15 (Reuters) - The Tel Aviv Stock Exchange (TASE) has launched an initial public offering of up to 30% of its shares that values the exchange at 700 million shekels ($198 million).
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TASE on Wednesday asked Israeli banks to extend the deadline to sell their shares in the bourse until the end of August after the Israel Securities Authority requested more time to examine the international buyers.
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TEL AVIV (Reuters) - The Tel Aviv Stock Exchange (TASE) must make significant changes to its structure, regulations and image or it will run itself out of business, a senior Nasdaq OMX official said on Wednesday.
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TASE, which is struggling with falling trading volumes and a declining number of listed companies, is in the process of a demutualization plan that has already been approved by the bourse's members and Israel's cabinet.
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A final vote by Israel's full parliament on the proposal to make the banks sell their TASE shares within five years so each holds no more than 5 percent, is expected in the coming days.
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TEL AVIV, Dec 17 (Reuters) - The Tel Aviv Stock Exchange (TASE) said on Tuesday it is considering a new plan to try to enhance liquidity and improve transparency to try to attract more ordinary investors.
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JERUSALEM (Reuters) - The Israel Securities Authority (ISA) said on Sunday it approved a plan to allow Israeli companies traded in Singapore, Hong Kong and Toronto to easily dual-list on the Tel Aviv Stock Exchange (TASE).
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Poland's state fund PFR could support Warsaw stock exchange GPW in its bid to buy a 72 percent stake in Tel-Aviv stock exchange TASE in a transaction worth 490 million zloty ($144.54 million), Rzeczpospolita daily reported.
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Israel has a bustling technology sector but most start-ups and established companies opt for private sources of funding rather than tap the Tel Aviv Stock Exchange (TASE), whose regulations are deemed too stringent for smaller firms.
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JERUSALEM (Reuters) - Israeli cabinet ministers on Sunday unanimously approved a bill to change the structure of the Tel Aviv Stock Exchange (TASE) to a for-profit entity, a move to make the bourse stronger and more competitive.
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Along with more than 200 de-listings over the past decade, TASE volumes have slumped and averaged 1.27 billion shekels ($343 million) in 2016, down from 1.45 billion in 2015 and 2 billion a day in 2010.
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Israel has a bustling technology sector but most start-ups and established companies opt for private sources of funding rather than tap the Tel Aviv Stock Exchange (TASE), whose regulations are deemed too stringent for smaller companies.
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"Our company has been doing business in Israel for 20 years ... and we are looking forward to helping the continued growth of TASE and the companies listed on it," said Natti Ginor, head of Israel markets at Jefferies.
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JERUSALEM, June 29 (Reuters) - Israeli Finance Minister Moshe Kahlon will submit a bill to change the structure of the Tel Aviv Stock Exchange (TASE) to a for-profit entity to cabinet ministers on Sunday, he said on Wednesday.
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It also plans to float 21 to 23.9686 percent of Israel Natural Gas Lines on the TASE this year, and sell a 20 percent stake in the Israel Postal Authority to a private entity in 2016, he said.
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TEL AVIV (Reuters) - The Tel Aviv Stock Exchange (TASE) will hold an initial public offering for 30 percent of its shares in the coming months, after it publishes its first quarter 2019 financial results, the bourse said on Tuesday.
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In Santa Clarita's freshman year finale, "Baka, Bile And Baseball Bats," Joel ends up in a psychiatric hospital after police tase the realtor and take him into custody (he was accosting an old Serbian woman for her vomit, naturally).
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TEL AVIV, Feb 22 (Reuters) - Israel extended the term of Securities Authority Chairman Shmuel Hauser by three years to give him more time to implement a plan to bring more investors back to the Tel Aviv Stock Exchange (TASE).
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TEL AVIV, Feb 18 (Reuters) - The Tel Aviv Stock Exchange (TASE) expects to hold an initial public offering of close to one-third of its shares this year but the timing is uncertain, its chief executive officer said on Monday.
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JERUSALEM, Aug 14 (Reuters) - Israel's securities regulator and the Tel Aviv Stock Exchange (TASE) on Wednesday called on investment houses and financial technology firms to offer retail brokerage services to expand investors' trading options and cut the cost of services.
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Itai Ben-Zeev said this month that TASE has commitments from member banks to buy back 71.7 percent of their shares, a stake that will be sold to a large foreign exchange as a strategic partner ahead of going public.
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In a recent survey, TASE found that the public's perception of the market is poor, with more than half of respondents believing it is for the rich and 55 percent saying they found the prospect of investing in the stock market too risky.
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In a bid to allay the public's fears about the risks of investing, TASE will launch a TV campaign this week with the message that an investment in the blue-chip index 20 years ago would have returned 375 percent by now.
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TASE has offered to buy out the shares held by its members - commercial and investment banks - at a valuation for the bourse of $150 million, Ittai Ben-Zeev told Reuters on the sidelines of a Dun & Bradstreet capital markets forum at the exchange.
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Hauser did not identify any companies that would be affected by his ban, but at least two firms listed on the Tel Aviv Stock Exchange (TASE) now describe digital currencies or the technology behind them as essential to their business: Blockchain Mining BLCM.
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Much of Hauser's tenure was devoted to trying to boost trading volumes at the Tel Aviv Stock Exchange (TASE) after Israel lost a chunk of passive investment when it was upgraded to developed market status from emerging by index compiler MSCI six years ago.
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These efforts have been further complicated by other incidents of police use of force, including an alleged use of a prohibited chokehold by an officer in 2017, and a recorded incident that same year where an officer threatened to Tase a group of teenagers.
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JERUSALEM, June 14 (Reuters) - Bank Leumi, Israel's second-largest lender, said on Thursday it had agreed to a request by the Tel Aviv Stock Exchange (TASE) to extend the deadline for an agreement to sell its shares in the bourse until the end of August.
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JERUSALEM, Aug 21 (Reuters) - The newly privatised Tel Aviv Stock Exchange (TASE) has won approval from Israel's securities regulator for a deal to sell nearly 23.6584 percent of the exchange to investment fund Manikay Partners and another 19 percent to four other foreign investors.
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Sources familiar with the matter tell TMZ ... Ronnie is adamant he NEVER picked up or threatened Jen with a knife during their latest domestic disturbance in L.A. ... which required the cops to come out, break down a door and tase him in the end.
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When Issa finds them back at their rental house, everyone has reached the "I don't want to be high anymore" portion of the drug trip: Molly is trying and failing to do work, Kelli is mad at everyone because of what she calls "tase rage," and Tiffany is in the closet crying on the phone with Derek because she had a piece of an edible while pregnant.
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