Stock market news

Gazprom

Ministry of Finance has developed amendments to the Tax Code which will withdraw Gazprom and its subsidiaries from the increased profit tax of 34% which will be introduced from January 1, 2023 for all LNG exporters, sources told Interfax. These are the amendments to the second reading of Bill N260062-8 which will be considered by the State Duma next week.

Sberbank

Decentralized finance system platform developed by Sberbank may be launched before May of this year. Now the platform works in the format of closed beta-testing, and next month it will start open testing. Blockchain platform is compatible with Etherium, in particular, it can be used by the owners of MetaMask cryptocurrencies. Users will also be able to trans...

Regeneron Pharmaceuticals

Regeneron Pharmaceuticals' GAAP net income for 2022 was $4.338 billion, down twofold from $8.075 billion in the previous year. Revenue fell 24.3% to $12.173 billion from $16.072 billion a year earlier.

Sistema

AFK Sistema purchased from Sberbank 50% of IT platform Segmento, which targets advertising based on offline and online data. Other 50% of company was bought by corporation from bank back in 2016. At that time experts estimated deal value at ₽400-500 million, but the parties did not disclose the details. This time, Sberbank and AFK Sistema also preferred to r...

Nebius Group

IT company Yandex will launch a hub in Turkey on March 1, sources told TASS. The hub, which includes a co-working space and an office, will be located in Istanbul. Yandex currently has offices in 20 Russian cities, as well as in Belarus, Kazakhstan, Switzerland, the Netherlands, China, the United States, Israel and the Czech Republic.

Etalon Group

Sales volume of Etalon Group real estate for 2022 was 292.4 thousand square meters, a decrease of 35%. In monetary terms, sales were down 30% to ₽58.652 billion. Number of contracts signed was down 25% to 6,457. Cash receipts were ₽60.386 billion, down 28%. Average sales price of residential real estate rose 10% to ₽261,72 thousand per square meter.

Globaltrans Investment

Globaltrans will merge the operating and leasing segments of its business within BaltTransService LLC. Company will sell 65.25% of the leasing company Spacecom to its minority shareholder.and will buy back 5.8 thousand tank cars from this company. Expected cash outflows at the group level related to the above transactions will amount to about €60 mln. Comple...

Apple

Apple's GAAP net income for 3 months of fiscal 2023 was $29.998 billion, down 13.4% from $34.63 billion in the previous year. Revenue declined 5.5% to $117.15 billion from $123.95 billion a year earlier.

SPB Exchange

Trading volume of foreign stocks on SPB Exchange in January 2023 was $4.7 billion, down 6 times from $29.6 billion a year earlier, but up 52.4% from $3.08 in December. Numbers of active accounts increased 7.59% to 205,86 thousand. Hong Kong securities trading volume reached HK$1.43 billion, up 24.69%. Number of active investor accounts, from which deals in H...

Starbucks

Stanbucks's GAAP net income for 3 months of fiscal year 2023 was $855.2 million, up 4.8% from $816.1 million in the prior year. Revenue increased 8.2% to $8.714 billion from $8.05 billion a year earlier.