Stock market news

Rostelecom

Rostelecom invests in fintech startup Fazum, which is developing a platform of over 300 services for automating banking business processes. Company's solutions have already been implemented in more than 20 Russian banks. Terms of the deal parties did not disclose, saying only that Fazum will be consolidated into the group of companies Rostelecom. Now 55% of...

Eli Lilly and Co

Eli Lilly's GAAP net income for 6 months of 2023 was $3.108 billion, up 8.9% from $2.855 billion in the prior year. Revenue increased 6.8% to $15.272 billion from $14.298 billion a year earlier.

Nebius Group

IT company Yandex has opened pre-orders for TV Station and TV Station Pro. This is a new category of TVs that combine a smart speaker with Alice and a smart TV. Main feature of the TV Station is the Local Dimming technology, which turns off part of the LEDs in the backlight, which gives a deep black color. It makes dark scenes look contrasty and spectacular....

Far-Eastern Shipping Company

Fesco organized a new intermodal container route from the Republic of Belarus to India, Vietnam and China via St. Petersburg. Transit time is about 50 days. New route will make it possible to transport cargo from the Republic of Belarus at an attractive cost and in optimal time, bypassing the busy Eastern polygon.

INARCTICA (Russian Aquaculture)

Board of Directors of INARCTICA (Russian Aquaculture) recommended that dividends be paid for 6 мес. 2023 in the amount of ₽16 per ordinary share. The last day of the purchase of securities to receive dividends is September 21, 2023. Dividend yield may amount to 2.1%.

Solidcore Resources

Polymetal has completed the redomiciliation from Jersey in the UK to Astana International Financial Center in Kazakhstan. Trading in Polymetal shares on AIX will resume after completion of technical procedure of register transfer, the company will announce about it later. Trading in the securities on the Moscow Exchange is also expected to resume shortly.

MOEX Group (Moscow Exchange)

Moscow Exchange on August 9 will delist FinEx ETFs at the initiative of the fund provider. FinEx believes that terminating its business relationship with Moscow Exchange will increase the likelihood of receiving a positive license decision from the Belgian Treasury.

Paramount Global

Paramount's GAAP loss for 6 months of 2023 was $1.402 billion, compared to a profit of $0.863 billion in the prior year. Revenue declined 1.5% to $14.881 billion versus $15.107 billion a year earlier.

Alteryx

Alteryx's GAAP loss for 6 months of 2023 was $209 million, down 1.4% from $212 million in the prior year. Revenues increased 14.2% to $387 million compared to $339 million a year earlier.

Palantir Technologies

Palantir Technologies' GAAP net income for 6 months of 2023 was $47.023 million, compared to a loss of $280.71 million in the prior year. Revenue increased 15.2% to $1.059 billion versus $0.919 billion a year earlier.