Caesarstone Ltd. ( Hebrew : אבן קיסר , Even Qeysar ), is a publicly traded company that engages in the production and marketing of quartz surfaces used for kitchen countertops , vanity tops, flooring , wall cladding and general interior design . The company was founded in 1987 and is traded on the NASDAQ in New York (CSTE). Headquarters are located in Kibbutz Sdot Yam in Israel . Production facilities are in Israel , the United States and India with third party manufactured product sourced from China. Its products are sold in approximately 50 countries around the world through a network of 6 subsidiaries and numerous distributors.
75-729: Caesarstone Ltd. manufactures quartz surfaces in three different sites, two in Israel – Kibbutz Sdot Yam and the Bar Lev Industrial Zone near Karmiel , and in its new plant in Richmond Hill , GA, USA, since May 27, 2015 and sources products from third party facilities located in China. Caesarstone has also established warehouses and refinery plants in Shanghai, Beijing, Shenzhen, and Hong Kong. Its products, which are sold in over 50 countries around
150-489: A ban on engineered stone. Federal and state work safety and health ministers will meet on Friday (27 October 2023) to discuss a secret report that reportedly recommends a ban on engineered stone, dubbed the new asbestos. Caesarstone is pushing for a ban only on products with more than 40 per cent silica content. Kibbutz A kibbutz ( Hebrew : קִבּוּץ / קיבוץ , lit. ' gathering, clustering ' ; pl. : kibbutzim קִבּוּצִים / קיבוצים )
225-468: A ban on the product, which is linked to silicosis, a deadly lung disease. The ad claims that banning the product will harm workers and consumers. Trade unions and politicians have condemned the ad as a “disgrace” and a “misinformation” campaign, and have compared Caesarstone to James Hardie , the company notorious for its asbestos liabilities. Trade unions have also marched to the NSW Parliament to demand
300-418: A book about his experiences. We were happy enough working on the land, but we knew more and more certainly that the ways of the old settlements were not for us. This was not the way we hoped to settle the country—this old way with Jews on top and Arabs working for them; anyway, we thought that there shouldn't be employers and employed at all. There must be a better way. Though Baratz and others wanted to farm
375-677: A chance to expand through new members and inexpensive labour, but it also meant that Ashkenazi kibbutzim would have to adapt to Jews whose background was far different from their own. Until the 1950s, nearly all kibbutzniks were from Eastern Europe, culturally different from the Jews of Morocco , Tunisia , and Iraq . Many kibbutzim hired Mizrahi Jews as labourers but were less inclined to grant them membership. Ideological disputes were also widespread, leading to painful splits, sometimes even of individual kibbutzim, and to polarisation and animosity among members. Israel had been initially recognized by both
450-479: A middle-class lifestyle. With time, the kibbutz members' sense of identification with the kibbutz and its goals decreased. This process originated from personal frustrations among the kibbutz members as a result of internal processes, from the growing stratification and inequality due to the growth of capitalistic practices, and a generation born and raised in the kibbutzim that did not necessarily inherit their parents’ fiery ideological and motivational drive to “settle
525-453: A more prominent military role. Rifles were purchased or manufactured and kibbutz members drilled and practiced shooting. Yigal Allon , an Israeli soldier and statesman, explained the role of kibbutzim in the military activities of the Yishuv : The planning and development of pioneering Zionist were from the start at least partly determined by politico-strategic needs. The choice of the location of
600-444: A percentage of their reparations. Reparations that were turned over to the collective were used for building expansion and even recreational activities. The split between different factions within the kibbutz movement evolved between 1948 and 1954, when finally three kibbutz federations emerged, each aligned to a different Labour party : Ihud with Mapai , Meuhad with Ahdut HaAvoda , and Artzi with Mapam . Kibbutzniks enjoyed
675-489: A report by Spruce Point hedge fund claiming that the company's quartz surfaces contain less than the commonly accepted amounts of quartz, and yet are still sold at premium prices. In 2016 the share price declined compared to its former peak, however in H1 2017, Caesarstone shares climbed 23 percent; thus, Caesarstone's value stands at 1.49 billion dollars. In late October 2023, Caesarstone has launched an Australian ad campaign to oppose
750-453: A role in defining the borders of the Jewish state-to-be. By the late 1930s, when it appeared that Palestine would be partitioned between Arabs and Jews, kibbutzim were established in outlying areas to ensure that the land would be incorporated into the Jewish state. In 1946, on the day after Yom Kippur , eleven new "Tower and Stockade" kibbutzim were hurriedly established in the northern part of
825-509: A steady and gradual improvement in their standard of living in the first few decades after independence. In the 1960s, the kibbutzim standard of living improved faster than Israel's general population. Most kibbutz swimming pools date from the 1960s. Kibbutzim also continued to play an outsize role in Israel's defence apparatus. In the 1950s and 1960s many kibbutzim were in fact founded by an Israel Defense Forces group called Nahal . Many of these 1950s and 1960s Nahal kibbutzim were founded on
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#1733093618324900-448: A sub-component of the Israeli economic crisis of the 1980s ). During the 1980s, following the peak of the kibbutzim crisis, many people started leaving their kibbutzim, and there was considerable tension due to the economic situation. In order to cope with the situation, some kibbutzim began to change in various ways. The changes that occurred could be divided into three main types: Since
975-491: A white tablecloth and fine food and work was not done on Saturday if it could be avoided. Only later did some kibbutzim adopt Yom Kippur as the day to discuss fears for the future of the kibbutz. Kibbutzim also had collective Bar and Bat Mitzvahs for their children. Kibbutznikim did not pray three times a day like their parents and grandparents, but would mark holidays like Shavuot , Sukkot , and Passover with dances, meals, and celebrations. One Jewish holiday, Tu BiShvat ,
1050-497: Is an intentional community in Israel that was traditionally based on agriculture . The first kibbutz, established in 1910, was Degania . Today, farming has been partly supplanted by other economic branches, including industrial plants and high-tech enterprises . Kibbutzim began as utopian communities, a combination of socialism and Zionism . In recent decades, some kibbutzim have been privatized and changes have been made in
1125-504: Is crushed, the legs fail, the head hurts, the sun burns and weakens," wrote one of the pioneers. At times, half of the kibbutz members could not report for work and many left. Despite the difficulties, by 1914, Degania had fifty members. Other kibbutzim were founded around the Sea of Galilee and the nearby Jezreel Valley . The fall of the Ottoman Empire at the end of World War I , followed by
1200-621: Is made up of both American and foreign firms, with China and Israel being the largest foreign sources. "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority . On February 8, 1971, the Nasdaq stock market began operations as
1275-531: The London Stock Exchange to form the first intercontinental linkage of capital markets . In 1996, the SEC issued a report alleging that Nasdaq market makers fixed prices by avoiding "odd-eighths" quotes (at the time, stock prices were quoted in increments of an eighth of a dollar) to artificially widen spreads. The report was followed by a new set of rules for how Nasdaq handled orders. In 1998, it became
1350-584: The NASDAQ Financial-100 Index, which tracks the largest 100 companies in terms of market capitalization . On March 10, 2000, the NASDAQ Composite stock market index peaked at 5,132.52, but fell to 3,227 by April 17, and, in the following 30 months, fell 78% from its peak. In a series of sales in 2000 and 2001, FINRA sold its stake in the Nasdaq. On July 2, 2002, Nasdaq Inc. became a public company via an initial public offering . In 2006,
1425-509: The Second Aliyah planned to become farmers; almost the sole career available in the agrarian economy of Ottoman Palestine. The first kibbutz was Degania Alef , founded in 1910. Some founders of the Kibbutz movement in Israel were influenced by the ideals of Ancient Sparta , particularly in education and communal living. Yosef Baratz , one of the pioneers of the kibbutz movement, wrote
1500-645: The Slánský trial in which an envoy of Hashomer Hatzair in Prague was tried. Another controversy involved the Reparations Agreement between Israel and West Germany . Should kibbutz members turn over income that was the product of a very personal loss? If Holocaust survivors were allowed to keep their reparation money, what would that mean for the principle of equality? Eventually, many kibbutzim made this one concession to inequality by letting Holocaust survivors keep all or
1575-657: The Syrian tank advance into the Galilee with Molotov cocktails . Maagan Michael manufactured the bullets for the Sten guns that won the war. Maagan Michael's clandestine ammunition factory was later separated from the kibbutz and grew into Israel Military Industries . The establishment of Israel and the flood of Jewish refugees from Europe and the Arab world presented challenges and opportunities for kibbutzim. The immigrant tide offered kibbutzim
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#17330936183241650-700: The U.S. Securities and Exchange Commission to execute an initial public offering of up to $ 115 million and list its shares on the Nasdaq stock exchange. Among the companies involved in the IPO were J.P. Morgan , Barclays , Credit Suisse , and Baird . Caesarstone's 6.7 million shares began trading on the NASDAQ Global Select Market on 22 March and priced at $ 11 each. In 2015–2016, Caesarstone encountered challenges which included discord between shareholders and kibbutz members, departure of board members and CEO, and
1725-725: The United States and the Soviet Union . For the first three years of its existence, Israel was in the Non-Aligned Movement , but David Ben-Gurion gradually began to take sides with the West . The question of which side of the Cold War Israel should choose created fissures in the kibbutz movement. Dining halls segregated according to politics and a few kibbutzim even had Marxist members leave. The disillusionment particularly set in after
1800-589: The "birthday of the trees" was substantially revived by kibbutzim. All in all, holidays with some kind of agricultural component, like Passover and Sukkot, were the most significant for kibbutzim. Religious kibbutzim were established in clusters before the establishment of the State, creating the Religious Kibbutz Movement . The first religious kibbutz was Ein Tzurim , founded in 1946. Arab opposition increased as
1875-429: The "collaborative model" ( הזרם השיתופי ). There are now three kibbutz compensation models. 1) The traditional collective kibbutz/kibbutz shitufi , in which members are compensated equally, regardless of what work each member does; 2) the mixed model kibbutz/kibbutz meshulav , in which each member is given a small percentage of his or their salary along with a basic component given equally to all kibbutz members; and 3)
1950-554: The "peace camp". The party paper Al HaMishmar (On the Watch) presented this view. Kibbutzim were run as collective enterprises within Israel's partly free market system. Internally kibbutzim also practiced active democracy, with elections held for kibbutz functions and full participation in national elections in which the members generally voted along the lines of the kibbutz movement ideology. Jewish religious practices were banned or discouraged in many far left kibbutzim. Kibbutzim were not
2025-633: The 1917 Balfour Declaration and the wave of Jewish settlers to Palestine began to tilt the demographic balance of the area. Arabs responded with bloody riots in Jerusalem in 1920 , Jaffa in 1921 and in Hebron in 1929 . In the late 1930s, Arab–Jewish violence became virtually constant; the 1936–39 Arab revolt in Palestine is also known as the "Great Uprising" in Palestinian historiography. Kibbutzim began to assume
2100-403: The 1930s and 1940s. In 1922, there were 700 people living on kibbutzim in Palestine. By 1927, the number had risen to 2,000. When World War II erupted, 24,105 people were living on 79 kibbutzim, comprising 5% of the Jewish population of Mandate Palestine. In 1950, the figures went up to 65,000, accounting for 7.5% of the population. In 1989, the kibbutz population peaked at 129,000. By 2010,
2175-653: The EMiniCME. Below are the contract specifications for the Nasdaq 100 and derivatives. Nasdaq quotes are available at three levels: The Nasdaq Stock Market sessions, with times in the Eastern Time Zone are: 7:00 a.m. to 9:30 a.m.: extended-hours trading session (premarket) 9:30 a.m. to 4:00 p.m.: normal trading session 4:00 p.m. to 8:00 p.m.: extended-hours trading session (postmarket) The Nasdaq Stock Market averages about 253 trading days per year. The Nasdaq Stock Market has three different market tiers: After
2250-629: The Institute for the Research of the Kibbutz and the Cooperative Idea believes that by the end of 2012, there will be more kibbutzim switching to some alternative model. First Aliyah immigrants were largely religious, but those of the Second Aliyah were mainly secular. A Jewish work ethic thus replaced religious practice. Berl Katznelson , a Labor Zionist leader articulated this when he said "Everywhere
2325-513: The Jewish labourer goes, the divine presence goes with him." The first kibbutzim were founded in the upper Jordan Valley , the Jezreel Valley and the Sharon coastal plain . The land was available for purchase because it was marshy and malaria-infested. The Zionists believed that the Arab population would be grateful for the economic benefits that developing the land would bring. Their approach
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2400-627: The Nations"). The USSR voted at the UN for establishment of Israel. Stalin became hostile to Israel after it became apparent that Israel would not turn communist, so the USSR began serving diplomatic and military interests of various nations in the Arab world . This caused major crises and mass exit in both Kibbutz Meuchad and Kibbutz Artzi kibbutzim, especially after the 1952 Rudolf Slánský Prague show trials in which most of
2475-552: The Negev to give Israel a better claim to this arid, but strategically important, region. The Marxist faction of the kibbutz movement, Kibbutz Artzi, favoured a one-state solution over partition, but advocated free Jewish immigration, which the Arabs opposed. Kibbutzniks fought in the 1948 Arab–Israeli War , emerging from the conflict with enhanced prestige in the nascent State of Israel. Members of Kibbutz Degania were instrumental in stopping
2550-607: The U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange . The exchange platform is owned by Nasdaq, Inc. , which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges . Although it trades stock of healthcare, financial, media, entertainment, retail, hospitality, and food businesses, it focuses more on technology stocks . The exchange
2625-488: The US, quartz counter tops can be found in homes and kitchens such as Tommy Hilfiger , Cher , Alexandra von Furstenberg , and more. Caesarstone's operations are impacted by the performance of the home remodeling and new construction sectors of the economy. In 2016, the global quartz surface industry constituted about 6% of to the total global surfaces industry, valued at about 95 billion dollars. In 2016, Caesarstone's share in
2700-470: The accused and executed party functionaries were Jews and the 1953 Doctors' plot in Moscow of mostly Jews. Nonetheless many kibbutzim cancelled Purim celebrations when Stalin collapsed on March 1, 1953. Despite Communist atrocities and increasing state antisemitism in the USSR and its satellites many in the far left kibbutz movement, like Hashomer Hatzair (The Young Guard) viewed Stalin with awe and leader of
2775-461: The agricultural sector and industrial sector. As such, Chayuta Bussel states: "Communal education is the first step towards woman's liberation." Nasdaq The Nasdaq Stock Market ( / ˈ n æ z d æ k / ; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City . It is the most active stock trading venue in
2850-452: The arrival of the British, brought with it benefits for the Jewish community of Palestine and its kibbutzim. The Ottoman authorities had made immigration to Palestine difficult and restricted land purchases. Rising antisemitism forced many Jews to flee Eastern Europe. To escape the pogroms , tens of thousands of Russian Jews immigrated to Palestine in the early 1920s, in a wave of immigration that
2925-482: The common treasury. If a member received a gift in services—like a visit to a relative or a trip abroad paid for by a parent—there could be arguments at members' meetings about the propriety of accepting such a gift. Up until recently, members ate meals together in the communal dining hall. This was seen as an important aspect of communal life. When the first children were born at the kibbutz there were inevitably some ethical dilemmas that needed to be solved. One of these
3000-680: The communal lifestyle. A member of a kibbutz is called a kibbutznik ( Hebrew : קִבּוּצְנִיק / קיבוצניק ; plural kibbutznikim or kibbutzniks ), the suffix -nik being of Slavic origin. In 2010, there were 270 kibbutzim in Israel with a total population of 126,000. Their factories and farms account for 9% of Israel's industrial output, worth US$ 8 billion , and 40% of its agricultural output, worth over US$ 1.7 billion. Some kibbutzim had also developed substantial high-tech and military industries. For example, in 2010, Kibbutz Sasa , containing some 200 members, generated US$ 850 million in annual revenue from its military- plastics industry . Currently
3075-484: The company's location near Caesarea . The Caesarstone factory commenced its operations in 1987, at Kibbutz Sdot Yam, replacing its terrazzo tile factory . The company was established in the wake of development work performed jointly by members of the kibbutz and additional parties such as Professor Moshe Narkis of the Technion . After changing the focus from sale of floor tiles to quartz surfaces and establishing itself in
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3150-634: The continued price increases when selling market data . In December 2020, NASDAQ announced that it would strip its indexes of four Chinese companies in response to Executive Order 13959 . In September 2024, the European Commission said it had carried out an unannounced inspection at the offices of Nasdaq over potential anti-competitive practices. Nasdaq 100 futures are traded on the CME (Chicago Mercantile Exchange) while its derivatives, E-Mini Nasdaq 100 and Micro E-Mini Nasdaq 100 futures are traded on
3225-615: The customary Hebrew word for husband ba'ali (lit. "my master"). The children slept in children's houses and visited their parents only a few hours a day. There were also differences in religion. Kibbutz Artzi and United Kibbutz Movement kibbutzim were secular , even staunchly atheistic , proudly trying to be " monasteries without God". Although most mainstream kibbutznikim also disdained the Orthodox Judaism of their parents, they wanted their new communities to have Jewish characteristics nonetheless. Friday nights were still Shabbat with
3300-848: The domestic market, the company started to export its products to different countries around the world. In 2005, an additional production facility was opened at the Bar-Lev Industrial Park. In 2006, TENE Investment Fund invested 25 million dollars in exchange for 21.7% control in the company, which led to the adding of another production line at the Bar-Lev facility. In 2008, the company began establishing subsidiaries in its main markets: Australia (2008), Canada (2010), USA and Singapore (2011) and UK (2017) along with activity conducted through distributors in approximately 50 countries. In 2012, Caesarstone started trading on NASDAQ in New York under
3375-550: The end of the kibbutz concept. Among the communities that have recently officially ceased being kibbutzim are Megiddo in the Jezreel Valley, HagGoshrim in the Upper Galilee, Beyt Nir in the Negev, etc. These processes have created the "renewing kibbutz" ( הקיבוץ המתחדש )—a kibbutz settlement pattern not fully based on the original values of the kibbutz. Kibbutzim continuing under the original kibbutz values are associated with
3450-529: The eve of the United Nations Conference on Sustainable Development (Rio+20). In November 2016, chief operating officer Adena Friedman was promoted to chief executive officer , becoming the first woman to run a major exchange in the U.S. In 2016, Nasdaq earned $ 272 million in listings-related revenues. In October 2018, the SEC ruled that the New York Stock Exchange and Nasdaq did not justify
3525-406: The first stock market in the United States to trade online, using the slogan "the stock market for the next hundred years". The Nasdaq Stock Market attracted many companies during the dot-com bubble . Its main index is the NASDAQ Composite , which has been published since its inception. The QQQ exchange-traded fund tracks the large-cap NASDAQ-100 index, which was introduced in 1985 alongside
3600-428: The heavens.... At the center of our camp a fire burns, and under the weight of the hora the earth groans a rhythmic groan, accompanied by wild songs". Kibbutzim founded in the 1920s tended to be larger than the kibbutzim like Degania that were founded prior to World War I. Degania had had twelve members at its founding. Eyn Harod , founded only a decade later, began with 215 members. Kibbutzim grew and flourished in
3675-586: The kibbutzim are organised in the secular Kibbutz Movement with some 230 kibbutzim, the Religious Kibbutz Movement with 16 kibbutzim and the much smaller religious Poalei Agudat Yisrael with two kibbutzim, all part of the wider communal settlement movement . The kibbutzim were founded by members of the Bilu movement who emigrated to Palestine . Like the members of the First Aliyah (1881-1903) who came before them and established agricultural villages, most members of
3750-464: The land themselves, becoming independent farmers was not a realistic option in 1909. As Arthur Ruppin , a proponent of Jewish agricultural colonization of the Trans-Jordan, would later say, "The question was not whether group settlement was preferable to individual settlement; it was rather one of either group settlement or no settlement at all." Ottoman Palestine was a harsh environment. The Galilee
3825-410: The land”. Over the years, some kibbutz members established professional careers outside the kibbutz, accumulating power, privileges and prestige. The balance between individual values and values of the kibbutz began to tip, and work motivation was affected. An emphasis was placed on social compensation to encourage productivity. These processes occurred in parallel with a severe economic crisis (itself
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#17330936183243900-719: The left-wing Mapam party. In 1928, Degania and other small kibbutzim formed Hever Hakvutzot ("The Kvutzot Association"). Kvutzot were deliberately small, not exceeding 200 members, in the belief that this was imperative for maintaining trust. Kvutzot did not have youth-group affiliations in Europe. Kibbutzim affiliated with the United Kibbutz Movement took in as many members as they could. Givat Brenner eventually came to have more than 1,500 members. Artzi kibbutzim were also more devoted to gender equality than other kibbutzim. Women called their husbands ishi ("my man") rather than
3975-435: The mid-1990s, the number of kibbutzim making significant changes in their lifestyle has continued to grow, while the resistance to these changes has gradually decreased, with only a few dozen kibbutzim still functioning under more traditional models. It is important to note, however, that each kibbutz has undergone different processes of change. There are many people, outside and inside the kibbutzim, who claim these changes bring
4050-461: The monthly Stock Guides (stock guides and procedures) issued by Standard & Poor's Corporation. Over the years, it became more of a stock market by adding trade and volume reporting and automated trading systems. In 1981, Nasdaq traded 37% of the U.S. securities markets' total of 21 billion shares. By 1991, Nasdaq's share had grown to 46%. In 1992, the Nasdaq Stock Market joined with
4125-688: The number decreased to about 100,000; the number of kibbutzim in Israel was 270. In 1927, the United Kibbutz Movement was established. Several Hashomer Hatzair kibbutzim banded together to form Kibbutz Artzi . In 1936, Socialist League of Palestine was founded, and served as an urban ally of HaKibbutz HaArtzi. In 1946, HaKibbutz HaArtzi and the Socialist League combined to form the Hashomer Hatzair Workers Party of Palestine which in 1948, merged with Ahdut HaAvoda to form
4200-514: The only contemporary communal enterprises: pre-war Palestine also saw the development of communal villages called moshavim . In a moshav , marketing and major farm purchases were collective, but other aspects of life were private. In 2009, most votes from kibbutzim went to Kadima , Labor , and Meretz . The principle of equality was taken extremely seriously up until the 1970s. Kibbutzniks did not individually own tools, or even clothing. Gifts and income received from outside were turned over to
4275-577: The precarious and porous borders of the state. In the Six-Day War , when Israel lost 800 soldiers, 200 of them were from kibbutzim. The prestige that kibbutzniks enjoyed in Israel in the 1960s was reflected in the Knesset . Though only 4% of Israelis were kibbutzniks, kibbutzniks made up 15% of Israel's parliament. As late as the 1970s, kibbutzim seemed to be thriving in every way. Kibbutzniks performed working-class, or even peasant-class, occupations, yet enjoyed
4350-469: The quartz surface market (in its leading markets) was: Israel 84%; Australia 55%; Canada 36%; USA 19%. In 2016, Caesarstone registered a revenue of 539 million dollars, 1.7% higher than the forecast. The net profit stood at 2.15 dollars per share as opposed to 2.12 dollars per share. For 2017, Caesarstone expects that revenue will stand at 580-595 million dollars and EBITDA in the range of 119-126 million dollars. In February 2012, Caesarstone filed with
4425-460: The renewing kibbutz/kibbutz mithadesh , in which a member's income consists solely of their individual income from his work and sometimes includes income from other kibbutz sources. According to a survey conducted by the University of Haifa 188 of all kibbutzim (72%) are now converted to the "renewing kibbutz" model, which could be described as more individualistic kibbutz. Dr. Shlomo Getz, head of
4500-489: The session would begin with a group dance. Remembering her youth on a kibbutz on the shores of the Kinneret , one woman said: "Oh, how beautiful it was when we all took part in the discussions, [they were] nights of searching for one another—that is what I call those hallowed nights. During the moments of silence, it seemed to me that from each heart a spark would burst forth, and the sparks would unite in one great flame penetrating
4575-399: The settlements, for instance, was influenced not only by considerations of economic viability but also and even chiefly by the needs of local defense, overall settlement strategy, and by the role such blocks of settlements might play in some future, perhaps decisive all-out struggle. Accordingly, land was purchased, or more often reclaimed, in remote parts of the country. Kibbutzim also played
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#17330936183244650-540: The southern end of the Sea of Galilee near the Arab village of Umm Juni/Juniya. These teenagers had hitherto worked as day laborers converting wetlands for human development, as masons, or as hands at the older Jewish settlements. Their dream was now to work for themselves, building up the land. They called their community " Kvutzat Degania" (lit. "collective of wheat" or "community of cereal grains"), now Degania Alef . The founders of Degania endured backbreaking labor: "The body
4725-812: The status of the Nasdaq Stock Market was changed from a stock market to a licensed national securities exchange. In 2007, it merged with OMX, a leading exchange operator in the Nordic countries, expanded its global footprint, and changed its name to the NASDAQ OMX Group. To qualify for listing on the exchange, a company must be registered with the United States Securities and Exchange Commission (SEC), must have at least three market makers (financial firms that act as brokers or dealers for specific securities) and must meet minimum requirements for assets, capital, public shares, and shareholders. In February 2011, in
4800-802: The ticker symbol CSTE. In 2015, Caesarstone opened a new facility in the US with an investment of about 100 million dollars. The plant was built in Richmond Hill, Georgia, and provides quartz surfaces mainly to markets in North America, and other countries as well. On 1 July 2024, Australia banned the use, supply and manufacture of engineered stone. Due to the high crystalline silica in the dust created when working with engineered stone exposure can result in severe health risks. The company's products are marketed in four collections: Quartz surfaces are claimed to require only minimum maintenance and not to require periodic sealing as with natural stone surfaces. In
4875-480: The wake of an announced merger of NYSE Euronext with Deutsche Börse , speculation developed that NASDAQ OMX and Intercontinental Exchange (ICE) could mount a counter-bid of their own for NYSE. NASDAQ OMX could be looking to acquire the American exchange's cash equities business, ICE the derivatives business. At the time, "NYSE Euronext's market value was $ 9.75 billion. Nasdaq was valued at $ 5.78 billion, while ICE
4950-460: The world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trades. The NASDAQ Stock Market eventually assumed the majority of major trades that had been executed by the over-the-counter (OTC) system of trading, but there are still many securities traded in this fashion. As late as 1987, the Nasdaq exchange was still commonly referred to as "OTC" in media reports and also in
5025-565: The world, are used in the interior design of both residential and commercial buildings. Common uses of Caesarstone's products include quartz surfaces for kitchen countertops, vanity tops, wall-cladding, flooring and interior design of commercial spaces such as offices , restaurants , hotels , museums , and more. Caesarstone's main competitors are companies that make use of materials such as lamination and natural stone , and other companies that manufacture quartz surfaces such as Superior Zodiaq, Silestone and Cambria. The name Caesarstone comes from
5100-548: Was called the Third Aliyah . Zionist Jewish youth movements flourished in the 1920s, from right-wing movements like Betar to left-wing socialist groups such as Dror, Brit Haolim, Qadima, HabBonim (now Habonim Dror ), and Hashomer Hatzair . In contrast to those who came as part of the Second Aliyah, these youth group members had some agricultural training before embarking. Members of the Second Aliyah and Third Aliyah were also less likely to be Russian, since emigration from Russia
5175-582: Was closed off after the Russian Revolution . European Jews who settled on kibbutzim between the World Wars were from other countries in Eastern Europe, including Germany . In the early days, communal meetings were limited to practical matters, but in the 1920s and 1930s, they became more informal. Instead of meeting in the dining room, the group would sit around a campfire. Rather than reading minutes,
5250-439: Was founded as a European equivalent to the Nasdaq Stock Market. It was purchased by NASDAQ in 2001 and became NASDAQ Europe. In 2003, operations were shut down as a result of the burst of the dot-com bubble . In 2007, NASDAQ Europe was revived first as Equiduct and was acquired by Börse Berlin later that year. On June 18, 2012, Nasdaq OMX became a founding member of the United Nations Sustainable Stock Exchanges Initiative on
5325-545: Was simply the most logical way to be secure in an unwelcoming land. On top of safety considerations, establishing a farm was a capital-intensive project; collectively , the founders of the kibbutzim had the resources to establish something lasting, while independently they did not. Finally, the land had been purchased by the greater Jewish community. From around the world, Jews dropped coins into Jewish National Fund "Blue Boxes" for land purchases in Palestine. In 1909, Baratz, nine other men, and two women established themselves at
5400-517: Was swampy, the Judaean Mountains rocky, and the south of the country, the Negev , was a desert. To make things more challenging, most of the settlers had no prior farming experience. The sanitary conditions were also poor. Malaria , typhus and cholera were rampant. Bedouins would raid farms and settled areas. Sabotage of irrigation canals and burning of crops were also common. Living collectively
5475-608: Was that the enemies of the Arab peasants were the Arab landowners (called effendis ), not fellow Jewish farmers. Kibbutz members were not classic Marxists though their system partially resembled Communism . Karl Marx and Friedrich Engels both shared a disdain for conventional formulations of the nation state and Leninists were hostile to Zionism. Nevertheless, in the late 1930s, two kibbutz leaders, Tabenkin and Yaari, initially attracted to anarchist ideas, pushed their movements to reverence of Joseph Stalin 's dictatorship and of Stalin whom many called Shemesh HaAmim ("The Sun of
5550-408: Was that the kibbutz was striving for equality, including the equality of the sexes. Women were only seen as separate because they gave birth to children, automatically tying them to the domestic sphere . In order to liberate women and promote gender equality, they could not be tied to solely domestic duties and child care giving. The Kibbutz wanted to give women the opportunity to continue their work in
5625-646: Was valued at $ 9.45 billion." Late in the month, Nasdaq was reported to be considering asking either ICE or the Chicago Mercantile Exchange to join in what would probably have to be, if it proceeded, an $ 11–12 billion counterbid. In December 2005, NASDAQ acquired Instinet for $ 1.9 billion, retaining the Inet ECN and subsequently selling the agency brokerage business to Silver Lake Partners and Instinet management. The European Association of Securities Dealers Automatic Quotation System (EASDAQ)
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