Stock market news

Rosseti Siberia

Rosseti Siberia's RAS net profit for 6 months of 2023 amounted to ₽1.066 billion, against a loss of ₽0.271 billion in the previous year. Revenue increased by 7.8% to ₽35.027 billion vs. ₽32.5 billion a year earlier.

Ozon Holdings

American depositary shares of Ozon were admitted to trades at Astana International Exchange. Trades in the securities will start on July 31. Listing on Astana exchange can potentially increase liquidity of Ozon ADS and give investors, including international ones, an opportunity to trade the securities on the exchange.

Nebius Group

IT company Yandex is planning to submit restructuring plans to its shareholders by the end of the year, which would involve spinning off the international parts of some businesses into separate companies. Now board of directors is working on the planned restructuring and communicating with several investors who claim to buy different packages of economic sta...

Intel

The Intel Board of Directors announced a quarterly dividend of $0.125 per share. The last day to buy securities to receive the dividend is August 3, 2023. The annual dividend yield may reach 3.29%.

Lenta

Lenta's IFRS loss for 6 months of 2023 amounted to ₽3.076 billion, compared to a profit of ₽3.23 billion in the previous year. Revenue fell 2% to ₽257.15 billion against ₽262.46 billion a year earlier.

Lenta

Lenta's retail revenue for 6 months of 2023 amounted to ₽252 billion, down 2.8% from ₽259.28 billion a year earlier. Online sales rose 11.8% to ₽22.9 billion LFL - sales were down 1.9%, with traffic down 0.6% and average check down 1.4%. Total number of stores decreased year-on-year by 4.4% to 773 outlets.

L3Harris Technologies

L3Harris Technologies completed its acquisition of Aerojet Rocketdyne for $4.7 billion, or $58 per share.

Aerojet Rocketdyne Holdings

L3Harris Technologies completed its acquisition of Aerojet Rocketdyne for $4.7 billion, or $58 per share.

Ford Motor

Ford's GAAP net income for 6 months of 2023 was $3.679 billion, against a loss of $2.481 billion in the prior year. Revenues increased 15.8% to $86.428 billion versus $74.666 billion a year earlier.

First Solar

First Solar's GAAP net income for 6 months of 2023 was $213.14 million, up 17 times from $12.55 million in the prior year. Revenue increased 37.6% to $1.359 billion compared to $0.988 billion a year earlier.