An asset manager owned by Canadian lender Bank of Nova Scotia nearly halved its stake in Israel-based weapons manufacturer Elbit Systems in the quarter ended...
TORONTO - An asset manager owned by Canadian lender Bank of Nova Scotia nearly halved its stake in Israel -based weapons manufacturer Elbit Systems in the quarter ended March from a year ago, a regulatory filing showed on Tuesday.
Elbit shares have fallen about 4% so far this year. The company said it March it expects this year's revenue to be boosted by higher ammunition sales to Israel for its war against Hamas militants. Some students in North America and in Europe are calling for an immediate permanent ceasefire and for schools to cut financial ties with companies they say are profiting from the oppression of Palestinians.
Bank Of Nova Scotia Asset Manager Outstanding Shares Israel
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