Stock market news
16.10.23
RUSAL
Rusal is struggling to remain stable on the global market following Novelis Europe's decision not to purchase Russian aluminum next year. Prior to Novelis' decision, the most serious negative impact on Rusal's operations was caused by the barrier duties on Russian aluminum imposed by the U.S. authorities, the amount of which reaches 200%. Nevertheless, the c...
Rusal is struggling to remain stable on the global market following Novelis Europe's decision not to purchase Russian aluminum next year. Prior to Novelis' decision, the most serious negative impact on Rusal's operations was caused by the barrier duties on Russian aluminum imposed by the U.S. authorities, the amount of which reaches 200%. Nevertheless, the c...
Source: 
kommersant.ru
kommersant.ru
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16.10.23
OGK-2
Extraordinary meeting of shareholders of OGK-2 to decide on placement of additional issue of 48.28 bln shares. Securities are planned to be placed by private subscription in favor of GEH Engineering LLC, which is part of Gazprom Energoholding. Payment is possible both in cash and by offsetting counterclaims. Price of the share placement has not yet been dete...
Extraordinary meeting of shareholders of OGK-2 to decide on placement of additional issue of 48.28 bln shares. Securities are planned to be placed by private subscription in favor of GEH Engineering LLC, which is part of Gazprom Energoholding. Payment is possible both in cash and by offsetting counterclaims. Price of the share placement has not yet been dete...
Source: disclosure.skrin.ru
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13.10.23
INGRAD
Board of Directors of developer Ingrad has prematurely terminated the powers of CEO Sergey Kachura and appointed Pavel Shevchuk in his place for a period of three years. Shevchuk is a member of the company's Board of Directors and previously held senior positions at Sberbank and was First Deputy Chairman of the Management Board of Moscow Credit Bank.
Board of Directors of developer Ingrad has prematurely terminated the powers of CEO Sergey Kachura and appointed Pavel Shevchuk in his place for a period of three years. Shevchuk is a member of the company's Board of Directors and previously held senior positions at Sberbank and was First Deputy Chairman of the Management Board of Moscow Credit Bank.
Source: 
realty.ria.ru
realty.ria.ru
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13.10.23
Qualcomm
Qualcomm Board of Directors announced a quarterly dividend of $0.8 per share. Last day to buy securities to receive the dividend is November 28, 2023. Annual dividend yield may reach 2.71%.
Qualcomm Board of Directors announced a quarterly dividend of $0.8 per share. Last day to buy securities to receive the dividend is November 28, 2023. Annual dividend yield may reach 2.71%.
Source: 
investor.qualcomm.com
investor.qualcomm.com
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13.10.23
Activision Blizzard
Microsoft completed its acquisition of Activision Blizzard for $68.7 billion, or $95 per share.
Microsoft completed its acquisition of Activision Blizzard for $68.7 billion, or $95 per share.
Source: 
sec.gov
sec.gov
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13.10.23
Progressive
Progressive's GAAP net income for 9 months of 2023 was $1.915 billion, compared to a loss of $0.105 billion in the prior year. Revenues increased 25.1% to $45.217 billion versus $36.141 billion a year earlier.
Progressive's GAAP net income for 9 months of 2023 was $1.915 billion, compared to a loss of $0.105 billion in the prior year. Revenues increased 25.1% to $45.217 billion versus $36.141 billion a year earlier.
Source: 
investors.progressive.com
investors.progressive.com
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13.10.23
Genetico
Genetico submitted documents to Roszdravnadzor to obtain permission to use the Embriotest test developed in Genetico's laboratory for preimplantation genetic testing of embryos for chromosomal abnormalities during IVF, before transferring the embryo into the uterine cavity. According to international studies, the use of PGT increases the efficiency of IVF an...
Genetico submitted documents to Roszdravnadzor to obtain permission to use the Embriotest test developed in Genetico's laboratory for preimplantation genetic testing of embryos for chromosomal abnormalities during IVF, before transferring the embryo into the uterine cavity. According to international studies, the use of PGT increases the efficiency of IVF an...
Source: investors.genetico.ru
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13.10.23
Citigroup
Citigroup's GAAP net income for 9 months of 2023 totaled $11.067 billion, down 10.3% from $12.332 billion in the previous year. Revenue rose 6.4% to $61.022 billion from $57.332 billion a year earlier.
Citigroup's GAAP net income for 9 months of 2023 totaled $11.067 billion, down 10.3% from $12.332 billion in the previous year. Revenue rose 6.4% to $61.022 billion from $57.332 billion a year earlier.
Source: 
citigroup.com
citigroup.com
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13.10.23
Sistema
Sitronics Group acquired a 25% stake in Perm Shipyard LLC from the Perm Krai Development Fund with an option to increase the stake to 100%. Company plans to invest in Perm Shipyard for reconstruction and modernization of its production facilities. Amount of the deal and volume of investments are not disclosed by the parties. A Vedomosti source close to the s...
Sitronics Group acquired a 25% stake in Perm Shipyard LLC from the Perm Krai Development Fund with an option to increase the stake to 100%. Company plans to invest in Perm Shipyard for reconstruction and modernization of its production facilities. Amount of the deal and volume of investments are not disclosed by the parties. A Vedomosti source close to the s...
Source: 
vedomosti.ru
vedomosti.ru
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