Stock market news

Rostelecom

Rostelecom's Board of Directors has recommended a dividend of ₽5.4465 per ordinary and preferred share for 2022. Last day to purchase securities for dividends is November 30, 2023. Dividend yield on common stock could be 7.17% and on preferred stock could be 8.07%.

Renaissance Insurance

Renaissance Insurance's RAS net profit for 9 months of 2023 amounted to ₽8.336 billion, compared to a loss of ₽3.925 billion in the previous year. Earned insurance premiums rose 11.9% to ₽41.663 billion against ₽37.235 billion a year earlier.

Rosneft Oil Company

State Duma passed in the second reading a bill amending the law "On Gas Exports", according to which the right to export LNG may be granted to subsoil areas on land north of 67 degrees north latitude. The bill would grant export rights to 36 Rosneft fields in Krasnoyarsk Krai, Nenets and Yamalo-Nenets Autonomous Okrugs. Third reading is scheduled for October...

Yakovlev

Board of Directors of Yakovlev proposed to place 32 bln additional shares by private subscription in favor of a classified circle of persons. Payment for the additional shares may be made either in cash or by offsetting cash claims. Shareholders will discuss the additional issue at the meeting on November 08.

Goldman Sachs

Goldman Sachs Board of Directors announced a quarterly dividend of $2.75 per share. The last day to buy securities to receive the dividend is November 28, 2023. The annual dividend yield may reach 3.16%.

Goldman Sachs

Goldman Sachs' GAAP net income for 9 months of 2023 totaled $6.508 billion, down 34.5% from $9.935 billion in the prior year. Revenue fell 5% to $34.936 billion from $36.772 billion a year earlier.

Transneft

Decision to split Transneft shares is an important step to ensure investment in the company by Russian citizens, the company's board of directors and the state supported it, said Kirill Dmitriev, head of the Russian Direct Investment Fund and a member of Transneft's board of directors. Earlier, Transneft's board of directors recommended that shareholders dec...

Bank of America

Bank of America's GAAP net income for 9 months of 2023 totaled $23.37 billion, up 14.6% from $20.396 billion in the prior year. Revenue increased by 8.8% to $76.622 bln vs. $70.418 bln a year earlier.

Territorial Generating Company № 14

Energy generation by TGC-14 power plants for 9 months of 2023 amounted to 2.088 bln kWh, up 5% year-on-year. Volume of heat output from CHPP collectors was not disclosed by the company.

Johnson & Johnson

Johnson & Johnson's GAAP net income for 9 months of 2023 totaled $31.104 billion, up 2.2 times from $14.421 billion in the previous year. Revenue increased 6.2% to $63.764 billion from $60.051 billion a year earlier.