Friday 21 October 2011

Tower Semiconductor Ltd - NASDAQ / TASE

Tower Semiconductor Ltd - NASDAQ

Tower Semiconductor Ltd which is listed both on NASDAQ and the Tel Aviv Stock Exchange (TASE) recently told all its employees worldwide to take 10 days of unpaid vacation leave. The company said that "2011 has been a year full of challenges for the company."

The commercials gave been shorting the stock since March 2010!

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