Stock market news

Verizon Communications

The Verizon Communications Board of Directors announced a quarterly dividend of $0.665 per share. The last day to buy securities to receive the dividend is October 6, 2023. The annual dividend yield may reach 7%.

RUSAL

SUAL Partners demands that Moscow Exchange check Rusal's listing and compliance with its dividend policy, according to a letter from the company's CEO Oleg Fomichev. An issuer whose shares are included in the first level of listing must have a dividend policy approved by the board of directors. This requirement also implies the obligation to ensure actual co...

Artgen

Companies of Artgen Biotech Group are considering entering the markets of a number of friendly countries, Artgen Biotech Chairman of the Board of Directors Artur Isayev said. First to enter foreign markets is likely to be Genetico, which is currently negotiating with potential partners in Kazakhstan and the United Arab Emirates.

Sistema

Authorities of Mordovia are planning to create the republic's first special economic zone on the territory of the largest lighting enterprise in the USSR - Svetotekhnika plant. Main investor will be AFK Sistema, said the head of Mordovia Artem Zdunov during a meeting with Vladimir Putin. "I think it will significantly renew the industrial potential as well....

Sollers

At the industrial site of the Ulyanovsk Automobile Plant began production of compact light-duty trucks Sollers Argo. Full-cycle production includes welding, cabin painting and assembly. Level of production localization will reach at least 60% in 2024. Earlier this year, Sollers started assembling this model at the production site. Planned capacity is designe...

Novolipetsk Iron and Steel Works

NLMK has sold its long product division, according to the data of the Unified State Register of Legal Entities. According to the register, 100% of Vtorchermet NLMK LLC and NLMK-Kaluga LLC, which owns NLMK-Sort and NLMK-Metiz LLC, are now owned by Promsort LLC, a structure of Industrial and Metallurgical Holding owner Evgeny Zubitsky. Experts estimate that th...

Fix Price Group

Retailer Fix Price is preparing to launch stores in the United Arab Emirates, the company's CEO Dmitry Kirsanov said. First objects may open as early as next year. This year, Fix Price started operating in Mongolia, opening two stores in Ulan Bator, and also entered the Armenian market, opening stores in the country under the franchising program.

Ozon Holdings

Ozon marketplace launches a new full-field center in the working settlement of Obukhovo in the Moscow region. Warehouse complex with storage area of more than 23 thousand square meters will provide accommodation of 14 million goods of different categories. Company's own investments in the opening of the facility amounted to about ₽4 billion. Start of operati...

Nebius Group

IT company Yandex and Xiaomi presented the first joint device - a smart display with a 10.1-inch screen, a camera for video calls and voice assistant Alice. With its help you can control your smart home, watch videos, listen to music, call your loved ones, hear and see the answers of the voice assistant. Hardware part of the gadget was developed in Xiaomi, s...

Fix Price Group

Fix Price's retail revenue for 6 months of 2023 rose 2.9% to ₽120.1 billion, while wholesale revenue rose 3.3% to ₽15.6 billion. LFL - sales in the second quarter fell 7.9%, traffic fell 9.6%, and average check rose 1.8%. Number of stores in second quarter increased by 191 to 6,039 outlets.