Stock market news

Oracle

Oracle's GAAP net income for fiscal 2023 was $8.503 billion, up 26.6% from $6.717 billion the year before. Revenue rose 17.7% to $49.954 billion from $42.44 billion a year earlier.

Heska

Mars acquired Heska for $120 a share.

NanduQ (QIWI)

Qiwi will maintain its listing on the Nasdaq thanks to a restructuring plan that provides for the withdrawal of assets in Russia. Qiwi must complete the transfer of all Russian assets to Qiwi JSC no later than June 30, 2023. By or before August 30, 2023, prepare interim financial statements and complete the exit from assets located in Russia. By September 11...

Sollers

Sollers Alabuga plans to start test production of electric cars based on LCVs Atlant and Argo at the end of this year and launch mass production early next year, said Sollers Chairman of the Board of Directors Adil Shirinov. "On the horizon of 6-7 years, the mass transition to electric vehicles in large cities with a population of millions, in my opinion, wi...

Rosseti Centere

Shareholders of Rosseti Centere approved dividends for 2022 in the amount of ₽0.01121 per ordinary share. The last day of purchase of securities to receive dividends is June 21, 2023. Dividend yield may amount to 2.79%.

Rosseti Center and Volga Region

Shareholders of Rosseti Center and Volga Region approved dividends for 2022 in the amount of ₽0.00204 per ordinary share. The last day of purchase of securities to receive dividends is June 21, 2023. Dividend yield may amount to 0.86%.

Noventiq

One of the scenarios under consideration for the exchange of Noventiq receipts on the Moscow Exchange for shares of Softline provides that the owner of GDRs may receive up to three shares of Softline under certain conditions. At the time of the exchange the investor will be granted one share of Softline, and then one more share each after 12 and 24 months, i...

VSMPO-AVISMA Corporation

Permission of acting General Director of VSMPO-AVISMA Nikolay Melnikov was extended till the end of 2023. In April of this year Dmitry Osipov, who had been the head of the corporation since the beginning of 2021, left his position ahead of schedule. Nikolay Melnikov was appointed acting director until June 4.

Yakovlev

Irkut Corporation opened a center for maintenance and repair of electronic components of the Sukhoi Superjet 100 aircraft in Zhukovsky. New laboratory is the first production site for maintenance and repair of electronic components of the SSJ-100 aircraft in Russia. Previously this type of work was performed exclusively at foreign enterprises.

Rosseti Ural

Shareholders of IDGC of Urals decided to change the company's name to Rosseti Urals. Changes will take effect as of the date the information is entered into the Uniform State Register of Legal Entities after the approval of the Ministry of Justice to include a word derived from Russian Federation or Russia into the new company name.