Stock market news

Simon Property Group

Simon Property Group's funds from operations for 2022 were $4.481 billion, down 0.1% from $4.487 billion the previous year. Revenue increased 3.5% to $4.905 billion from $4.737 billion a year earlier.

Rosneft Oil Company

Rosneft will supply oil to India's Nayara Energy refinery in the volumes that the refinery can accept as much as possible. Nayara Energy is the operator of India's second-largest refinery with an annual capacity of 20 million tons, and also owns a deep-water port that can accommodate ultra-large VLCC-class tankers and one of India's largest retail gas statio...

INARCTICA (Russian Aquaculture)

INARCTICA acquired Russia's only enterprise for extraction and deep processing of brown algae of the White Sea - the Arkhangelsk Algae Plant. Transaction will allow the company to enter the growing market of algae and algae processing products, to develop in the sphere of biotechnologies and algae aquaculture. Its amount is not disclosed. Some of the former...

Rosneft Oil Company

Rosneft plans to increase hydrocarbon production by 5% in 2023 compared to the previous year. In 2022 the growth will be 3%, said head of the company Igor Sechin. Rosneft itself has not yet disclosed its 2022 production results.

NOVATEK

Novatek and Deepak Fertilisers and Petrochemicals Corporation of India signed a memorandum on cooperation in LNG and low-carbon ammonia supplies. Document provides for LNG supplies to Deepak Fertilisers on a spot and long-term basis, including deliveries from the Arctic LNG 2 project. Pparties also intend to cooperate on long-term supplies of low-carbon hydr...

SPB Exchange

New exchange based on Astana International Financial Center in Kazakhstan will be called ITS and will start working within one or two months. Major shareholder of the platform with a share of 80% plus one share became a special investment fund Foundation for the Support and Development of International Financial Center. SPB Exchange owns 10% minus one share,...

Simon Property Group

The Simon Property Group Board of Directors announced a quarterly dividend of $1.8 per share. The last day to buy securities to receive the dividend is March 8, 2023. The annual dividend yield may reach 6.18%.

Lenta

Retailer Lenta will launch a pilot project to reformat some existing hypermarkets. Chain has already applied to Rospatent with a request to register a new trademark - Lenta Economy. Previously, company has repeatedly stated that it notes the trend to save money among its customers. Company needs to adjust to this trend and change the range of hypermarkets to...

Pharmacy Chain 36.6

Pharmacy Chain 36.6's revenues for 2022 were ₽67.3 billion, up 26.5% year-on-year. LFL-sales grew by 15.2%. Growth in comparable revenues occurred against the background of an increase in the average check also by 15.2%, while traffic remained at the level of 2021. Total number of pharmacies increased by 12.3% to 1,814 pharmacies. Company received a net prof...

Tyson Foods

Tyson Foods' GAAP net income for 3 months of fiscal year 2023 was $0.32 billion, down 3.5 times from $1.126 billion in the previous year. Revenue increased 2.6% to $13.26 billion from $12.93 billion a year earlier.