Stock market news

Territorial Generating Company № 1

Russian President Vladimir Putin has placed the stakes of German Uniper and Finnish Fortum in Russian energy companies under the temporary management of the Federal Property Management Agency. Fortum is a minority shareholder of TGK-1 with a 29.45% stake.

Genetico

Genetico successfully placed 10 million shares in its IPO at ₽17.88 per share. Entire company was valued at ₽1.48 billion. Order book was oversubscribed 2.5 times. As a result, the allocation was about 30%, with bids of up to ₽100,000 being satisfied in full. Shares of the company will start trading on Moscow Exchange on April 26 under the ticker GECO.

International Business Machines

The International Business Machines Board of Directors announced a quarterly dividend of $1.66 per share. The last day to buy securities to receive the dividend is May 8, 2023. The annual dividend yield may reach 4.93%.

Tatneft

Uzbekistan's Ministry of Energy is in talks with Tatneft about the company's participation in the modernization of the Bukhara Refinery, which is one of the country's two major refineries. Currently, concrete proposals are being prepared.

Territorial Generating Company № 1

TGC-1's electricity generation, including Murmanskaya CHPP, for 3 months of 2023 was 9.377 billion kWh, down 3.44% from 9.055 billion kWh a year earlier. Heat output increased by 1.6% to 9.69 million Gcal.

Kimberly-Clark

Kimberly-Clark's GAAP net income for 3 months of 2023 was $575 million, up 7.5% from $535 million in the previous year. Revenue increased 2% to $5.195 billion from $5.095 billion a year earlier.

Biogen

Biogen's GAAP net income for 3 months of 2023 was $387.6 million, up 77.4% from $218.5 million in the previous year. Revenue decreased 2.7% to $2.463 billion from $2.532 billion a year earlier.

Verizon Communications

Verizon Communications' GAAP net income for 3 months of 2023 was $5.018 billion, up 6.5% from $4.711 billion in the previous year. Revenue decreased by 1.9% to $32.912 billion from $33.554 billion a year earlier.

McDonald's

McDonald's GAAP net income for 3 months of 2023 was $1.802 billion, up 63.2% from $1.104 billion in the previous year. Revenue increased 4.1% to $5.898 billion from $5.666 billion a year earlier.

PulteGroup

PulteGroup's GAAP net income for 3 months of 2023 was $532.26 million, up 17.1% from $454.72 million in the previous year. Revenue increased by 13.5% to $3.576 billion from $3.15 billion a year earlier.