Stock market news

Mosenergo

Mosenergo's power plants increased electricity generation by 0.5% to 32.18 bln kWh in the first six months of 2023. Heat supply decreased by 6.5%, amounting to 45.12 mln Gcal. Decrease in heat supply is due to high outdoor air temperature in April-May 2023 and shortened duration of the heating season.

VSMPO-AVISMA Corporation

VSMPO-AVISMA's RAS net profit for 6 months of 2023 amounted to ₽14.614 billion, down 31% from ₽21.191 billion in the previous year. Revenue increased 36.9% to ₽46.088 billion against ₽33.655 billion a year earlier.

MOEX Group (Moscow Exchange)

State Duma has passed in the second and third readings a law allowing Russian beneficiaries of economically significant organizations to receive dividends from them directly through the courts, as well as shares and stakes in direct ownership, bypassing foreign structures from "unfriendly" jurisdictions. At the same time, significant organizations whose cont...

Magnitogorsk Iron and Steel Works

MMK completed the acquisition of the assets of the Tikhov mine in the Leninsk-Kuznetsk district of the Kemerovo Region from PMH Group. Reserve coal at the mine is represented by Zh and 2Zh grades, which are scarce in Russia. Coal has a low ash content of 33-40% and a high percentage of fatty coal, which is rare for Russian deposits. Production capacity of th...

Abbott Laboratories

Abbott Laboratories' GAAP net income for 6 months of 2023 was $2.693 billion, down 39.7% from $4.465 billion in the prior year. Revenue declined 14.8% to $19.725 billion from $23.152 billion a year earlier.

Newmont Goldcorp

The Newmont Goldcorp Board of Directors announced a quarterly dividend of $0.4 per share. The last day to buy securities to receive the dividend is September 5, 2023. The annual dividend yield may reach 3.99%.

Newmont Goldcorp

Newmont's GAAP net income for 6 months of 2023 was $518 million, down 40.4% from $869 million in the prior year. Revenue decreased by 11.8% to $5.362 bln compared to $6.081 bln a year earlier.

Philip Morris International

Philip Morris International's GAAP net income for 6 months of 2023 totaled $3.784 billion, down 21.3% from $4.811 billion in the prior year. Revenue increased 9% to $16.986 billion from $15.578 billion a year earlier.

American Airlines Group

American Airlines' GAAP net income for 6 months of 2023 totaled $1.348 billion, against a loss of $1.159 billion in the previous year. Revenue increased 17.6% to $26.244 billion from $22.321 billion a year earlier.

Johnson & Johnson

The Johnson & Johnson Board of Directors announced a quarterly dividend of $1.19 per share. The last day to buy securities to receive the dividend is August 24, 2023. The annual dividend yield may reach 2.83%.