Stock market news

Far-Eastern Shipping Company

Fesco has ordered six new Handy-sized ocean-going container ships from China for ₽19.6 billion. Ships have a capacity of 2,500 TEU. The first container ship Kapitan Shchetinina, flying the flag of Liberia, has already joined the fleet in early March. In addition to the six ocean-going ships, the group also bought two less capacious container ships, FESCO Eka...

Netflix

Netflix's GAAP net income for 3 months of 2023 was $1.305 billion, down 18.3% from $1.597 billion in the previous year. Revenue rose 3.7% to $8.162 billion from $7.868 billion a year earlier.

Russneft Oil Company

RussNeft's net income under RAS for 3 months of 2023 was ₽2.993 billion, down 6 times from ₽17.952 billion in the previous year. Revenue dropped 2.2 times to ₽40.401 billion versus ₽88.73 billion a year earlier.

Genetico

Applications for participation in Genetico's IPO can be submitted from April 25 to May 26, 2023, said Moscow Exchange. Pricing for offering is set at ₽17.88 per share. Minimum lot is 10 shares. Company will place 10 million shares among investors, which will amount to 12% of the capital. Trading floor notes that the securities are not included in the stock e...

Cherkizovo Group

Cherkizovo's RAS loss for 3 months of 2023 was ₽43.742 million, down threefold from ₽138.1 million in the previous year. Revenue increased 14.3% to ₽1.314 billion versus ₽1.15 billion a year earlier.

LUKOIL

NK Lukoil and ZPIF Gazprombank-Fresia became owners of the former subsidiary of AIG Group in Russia - JSC IC Gardia. Fund received 49% of the insurance company, Lukoil - 51%. In 2022 the volume of insurance premiums of IC Gardia amounted to ₽227.7 mln. Partners already participated in one transaction related to the withdrawal of a foreign player from the Rus...

Lockheed Martin

Lockheed Martin's GAAP net income for 3 months of 2023 was $1.689 billion, down 2.5% from $1.733 billion in the previous year. Revenue increased 1.1% to $15.126 billion from $14.964 billion a year earlier.

Goldman Sachs

Goldman Sachs' GAAP net income for 3 months of 2023 was $3.234 billion, down 17.9% from $3.939 billion in the previous year. Revenue fell 5.5% to $12.224 billion from $12.933 billion a year earlier.

Bank of America

Bank of America's GAAP net income for the first three months of 2023 was $8.161 billion, up 15.5% from $7.067 billion in the previous year. Revenue rose 13% to $26.258 billion from $23.228 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 May 19, 2023. The annual dividend yield may reach 2.74%.