Stock market news

Pfizer

Pfizer is buying Seagen, a biotechnology company that discovers, develops and commercializes cancer drugs. Seagen is valued at $43 billion, or $229 per share. Closing of deal is scheduled for late 2023 or early 2024.

Seagen

Pfizer is buying biotech company Seagen for $43 billion, or $229 per share. Closing of deal is scheduled for late 2023 or early 2024.

Magadanenergo

Magadanenergo's net income under RAS for 2022 was ₽1.14 million, down many times from ₽386.88 million in the previous year. Revenue fell 3% to ₽13.399 billion compared to ₽13.808 billion a year earlier.

Ryazan Energy Supply Company

Ryazan Energy Sales Company reported a loss of ₽41.282 million for 2022, compared to a profit of ₽19.491 million in the previous year. Revenue increased 5.6% to ₽13.04 billion, compared to ₽12.35 billion a year earlier.

Sanofi

Sanofi is buying U.S. pharmaceutical company Provention Bio for $2.9 billion, or $25 per share. Company is the developer of TZIELD, the only drug approved in the U.S. to slow the onset of Stage 3 Type 1 diabetes. Closing of deal is scheduled for the second quarter of 2023.

Lenta

Lenta chain opened Zoomarkets in nine hypermarkets in "shop-in-shop" format. Specialized stores selling professional goods for animals are located on the area from 40 to 70 sq. m. in the checkout areas. Assortment of outlets amounts to 800-1050 items. Stores employ professional consultants who help to choose goods that fully meet the needs of the animal.

Ozon Holdings

Developer PST Development will build for Ozon a logistics complex of about 130,000 sq.m. in Vatutinki in New Moscow. Complex is planned to be commissioned in 2024. After the construction is completed Ozon will take it on a long-term lease.

NovaBev Group

Board of Directors of Beluga Group recommended that dividends be paid for 2022 in the amount of ₽400 per ordinary share. The last day of the purchase of securities to receive dividends is April 24, 2023. Dividend yield may amount to 11.83%.

MOEX Group (Moscow Exchange)

Moscow Exchange plans to revise its development strategy and therefore suspends its dividend policy, which provides for the payment of dividends in the amount of at least 60% of net profit according to IFRS, said the company's acting CFO Georgy Urjutov. New dividend policy is planned to be presented by the end of Q3 2023. 2023. For the last four years the st...

MOEX Group (Moscow Exchange)

MOEX Group's board of directors has tentatively recommended a dividend of ₽4.84 per common share for 2022. The dividend yield could be as high as 4%. The company last paid a 2021 dividend of ₽9.45 per share.