Stock market news

Biogen

Biogen's GAAP net income for 6 months of 2023 was $0.981 billion, down 23.2% from $1.277 billion in the prior year. Revenue declined 3.9% to $4.919 billion compared to $5.121 billion a year earlier.

Positive Technologies Group

Positive Technologies' IFRS loss for 6 months of 2023 amounted to ₽388.15 million, against a profit of ₽381.32 million in the previous year. Revenue rose 33.9% to ₽4.696 billion against ₽3.508 billion a year earlier.

General Motors

General Motors' GAAP net income for 6 months of 2023 totaled $4.853 billion, up 9.1% from $4.449 billion in the prior year. Revenue increased 18.1% to $84.732 billion from $71.738 billion a year earlier.

3M

3M's GAAP loss for 6 months of 2023 was $5.855 billion, compared to a profit of $1.385 billion in the prior year. Revenue declined 6.7% to $16.356 billion from $17.531 billion a year earlier.

PulteGroup

PulteGroup's GAAP net income for 6 months of 2023 was $1.253 billion, up 13.2% from $1.107 billion in the prior year. Revenue increased 10.5% to $7.764 billion from $7.029 billion a year earlier.

General Electric

General Electric's GAAP net income for 6 months of 2023 totaled $7.882 billion, compared to a loss of $2.146 billion in the prior year. Revenue increased by 16.4% to $31.185 bln vs. $26.802 bln a year earlier.

Spotify Technology

Spotify's IFRS loss in Q2 2023 amounted to €302 million, up 2.4 times from €125 million in the previous year. Revenue increased by 10.9% to €3.177 billion from €2.864 billion a year earlier.

X5 Group

X5 Retail Group plans to bring the Chizhik hard discounter format to the Krasnodar Territory and Rostov Region by the end of summer. Since the beginning of 2023, the retailer has opened more than 100 new stores in the Kuban, Don and Stavropol regions. By the end of the year, the total number of new openings will amount to more than 350.

VK

RuStore has opened a console for all foreign publishers. Now they can not only download applications to the store, but also promote and connect the store's technologies, including payments, push notifications and geo-services. More than 500 foreign apps are now available in the store, including the popular social network Likee, the online game PUBG and mobil...

Moscow confectionery factory Krasny Oktyabr

Moscow Confectionary Factory Red October's RAS net profit for 6 months of 2023 amounted to ₽571.09 million, down 2.4% from ₽585.19 million in the previous year. Revenue increased 26.5% to ₽8.558 billion against ₽6.767 billion a year earlier.