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created on 08/09/2011  |  http://fubar.com/wmldswlxh/b342831

Africa-Israel Investments Ltd. (AFIL) climbed the most in two weeks after Lev Leviev’s holding company reported second-quarter net income of 32 million shekels ($8.9 million) as revenue increased 37 percent. The shares jumped 4.9 percent, Men Nike Air Yeezy Gary white black the most since Aug. 14, to 14.43 shekels at 12:11 p.m. in Tel Aviv. The stock has dropped 23 percent over the past year. Net income declined from 1.21 billion shekels a year earlier, the Yehud, Israel-based company said today in an e- mailed statement. Revenue climbed to 1.69 billion shekels in the quarter from 1.23 billion shekels. The results aren’t directly comparable because the company reached a settlement with bondholders last year, said Noam Pincu, an analyst at Psagot Investment House Ltd. in Tel Aviv. Africa-Israel exchanged about 7.5 billion shekels of fixed- income securities for new bonds, cash and equity in May 2010 after the value of its real-estate portfolio tumbled amid the global credit crisis. “As long as Africa-Israel has a profit after the problems it had in the past it’s good,” Pincu said by telephone. “Profit at Africa-Israel like many holding companies, Men Nike Air Yeezy Navy blue gray white especially in real estate, is very volatile.” On the disillusionment of Nigerians about security, the source said: “The President has realised that most Nigerians are disillusioned and he is going to address the nation to reassure all that the government is on top of the situation.” Another source also confirmed that the President has told his security chiefs that the nation has had enough of stick-and-carrots method aimed at prevailing on Boko Haram sect members and other insurgents to sheathe their swords. The Presidency source said: “The President is determined to put an end to these explosions and he has been holding a series of meetings with his security chiefs on the way forward. “One thing is clear, the President has been careful in dealing with perpetrators of violence and bomb explosions, Men Nike Air Yeezy Red black but he said he has had enough of the stick and carrot approach.” President Jonathan has promised an enhanced security in the country. He has also taken counter terrorism measures in view of the blast of the United Nations building in Abuja. A Ramadan message to Nigerians yesterday from the presidency said: “Against the background at last Friday’s terrorist attack on the United Nation’s Building in Abuja and other recent events which may have caused Nigerians to be apprehensive about the security of their lives and property, the President wishes to reassure all citizens and foreigners resident in the country that his Administration is taking every necessary action to enhance national security. “In this regard, President Jonathan has directed the security services to rapidly evolve and implement additional security, intelligence-gathering and counter-terrorism measures, Kids Air Yeezy varsity Red black including greater cooperation with other nations engaged in the global war against terrorism, to thwart the evil machinations of misguided terrorists and other promoters of mindless violence in the country. “The President also wishes to assure Nigerians that he will not be distracted from the full implementation of his Agenda for National Transformation by the actions of terrorists and retrogressive elements in the country.

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