Stock market news

Mobile TeleSystems

MTS has agreed to acquire a controlling stake in Projectnaya Sredniya LLC, which develops telematic solutions for commercial vehicle fleets, Kommersant sources told Kommersant. Amount of the deal may be about 1.5-2 billion rubles. MTS declined to comment, while Projectnaya Sredda did not respond to Kommersant's request.

VK

VK is negotiating with major operators to install caching servers on their networks to speed up video content downloads for users. Its CDN-network will allow VK to prepare for the download of traffic in case of YouTube shutdown, experts say. In addition, VK is now actively poaching bloggers from YouTube. In 2022, the traffic of Vkontakte social network has a...

SPB Exchange

SPB Exchange sent brokers a list of foreign securities whose chain of custody includes depositories from "unfriendly" countries. The list includes securities from mainland China and Hong Kong. From April 1 brokers will be obliged to warn investors about possible blocking of securities before they execute an order to buy them.

RUSAL

Majority of Rusal's shareholders voted against providing Sual Partners with the documents on the deals during the extraordinary meeting. Largest minority shareholder requested access to information about transactions with American Braidy Industries and about the purpose of the company's acquisition of RusHydro shares. According to Sual Partners, these deals...

SFI

SFI's IFRS net income for 2022 was ₽6.061 billion, up 47.2% from ₽4.118 billion the previous year. Total income rose 19.6% to ₽15.829 billion compared to ₽13.231 billion a year earlier.

Abrau-Durso

Agrofirm Yubileinaya in the Krasnodar region, which was acquired by Abrau-Durso in 2020, finished the year 2022 with record financial results. Company revenues in 2022 increased 1.9 times and reached ₽1.019 billion, which was the highest value since the founding of the winery in 2006. Company net income grew 7.2 times, to a record ₽437.27 million.

Carnival

Carnival's GAAP loss for 3 months of fiscal year 2023 was $0.693 billion, down 2.7 times from $1.891 billion in the previous year. Revenue increased 2.7 times to $4.432 billion from $1.623 billion a year earlier.

Acron

Akron's RAS net income for 2022 was ₽71.777 billion, down 12.7% from ₽82.216 billion in the previous year. Revenue rose 24.6% to ₽180.57 billion compared to ₽144.92 billion a year earlier.

Nebius Group

IT company Yandex will open a second office in Belgrade, sources told Forbes. Company has chosen Serbia as its main hub to test business units there, including cabs, delivery and education, for further scaling in European countries when possible. Yandex neither confirmed nor denied the information.

Codiak BioSciences

Codiak BioSciences has filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Company expects to complete the sale of the entire business or its principal assets as soon as possible.