ADVISORY, Nov. 26, 2007 (PRIME NEWSWIRE) --
What: The Nasdaq Stock Market, Inc. (NASDAQ(r) (Nasdaq:NDAQ) will host its 2nd Annual NASDAQ TASE Israeli Investor Conference in Association with CIBC World Markets in New York on November 27, 2007. Presentations will be made by the senior management of 13 companies. These presentations will be webcast live at http://investors.nasdaq.com. NASDAQ currently has 70 Israeli companies listed on the exchange, with a combined global market cap of over US$60 billion. Presentations will be made by the senior management of the following 11 Israeli companies, including Tel Aviv Stock Exchange (TASE) listed, NASDAQ listed and dual listed companies: Africa Israel Investment Ltd. (AFIL), Check Point Software Technologies (CHKP), Elbit Medical Imaging Ltd. (EMIT), Given Imaging Ltd. (GIVN), Israel Chemicals Ltd. (ICL), Mizrahi Tefahot Bank Ltd. (MZTF), Oil Refineries Ltd. (ORL), Orbotech Ltd. (ORBK), Syneron Medical Ltd. (ELOS), Teva Pharmaceutical Industries Limited (TEVA), Zoran Corporation (ZRAN). In addition the Tel Aviv Stock Exchange will be closing the market at the NASDAQ Market Site, Times Square at 4pm on Monday November 26th. Where: 300 Madison Avenue - CIBC Headquarters When: Tuesday, November 27th, 2007 Contacts: Media Contacts: Harriet Benson +44 (0) 20 7825 5544 harriet.benson@nasdaq.com Jolene Libretto 646.441.5220; Jolene.Libretto@nasdaq.com
Webcast:
Details of how to access the web casts live on these dates or afterwards in archived form can be found at the NASDAQ Institutional Investor Center at http://investors.nasdaq.com/.
About NASDAQ
NASDAQ(r) is the largest electronic screen-based equity securities market in the United States. With approximately 3,100 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
About the TASE
Founded in 1953, the Tel Aviv Stock Exchange has become the central economic platform in Israel. The TASE provides under one roof trading in stocks, bonds, T-bills and derivatives, and carries out clearing as well. It is owned by the stock market members, through which any investor can trade in securities. The TASE is the "home turf" for Israeli companies to raise capital for investment and to finance their business activities, and for the government to privatize its companies. The TASE is also the center of activity for the public of Israeli and foreign investors, providing a state-of-the-art trading arena. For more details, please visit the TASE website at http://www.tase.co.il/TASEEng/Homepage.htm.
About CIBC
CIBC World Markets is the wholesale and corporate banking arm of CIBC, providing a range of integrated credit and capital markets products, investment banking, and merchant banking to clients in key financial markets in North America and around the world. We provide innovative capital solutions and advisory expertise across a wide range of industries as well as top-ranked research for our corporate, government and institutional clients. On Nov. 4, 2007, CIBC announced the sale of its U.S. domestic investment banking, equities, leveraged finance and related debt capital markets businesses to Oppenheimer Holdings Inc. The transaction, due to close in January 2008, includes CIBC's Israeli investment banking and equities businesses, and certain parts of other U.S. capital markets-related businesses located in the U.K. and Asia. For more information, see the news releases on www.cibc.com and www.opco.com
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