Stock market news

Verizon Communications

Verizon's GAAP net income for 2022 was $21.748 billion, down 3.8% from $22.618 billion in the previous year. Revenue increased 2.4% to $136.84 billion from $133.61 billion a year earlier.

D.R. Horton

The D.R. Horton Board of Directors announced a quarterly dividend of $0.25 per share. The last day to buy securities to receive the dividend is February 3, 2023. The annual dividend yield may reach 1.45%.

D.R. Horton

D.R. Horton's GAAP net income for 3 months of fiscal 2023 was $0.968 billion, down 15.5% from $1.146 billion in the prior year. Revenue increased 2.9% to $7.258 billion from $7.053 billion a year earlier.

Johnson & Johnson

Johnson & Johnson's GAAP net income for 2022 was $3.52 billion, down 25.7% from $4.736 billion the previous year. Revenue declined 4.4% to $23.706 billion from $24.804 billion a year earlier.

3M

3M's GAAP net income for 2022 was $5.791 billion, down 2.3% from $5.929 billion the previous year. Revenue declined 3.2% to $34.229 billion from $35.355 billion a year earlier.

General Electric

General Electric's GAAP net income for 2022 was $0.292 billion, compared to a loss of $6.591 billion the previous year. Revenue increased 3.2% to $76.555 billion from $74.196 billion a year earlier.

MMC Norilsk Nickel

Nickel production by Norilsk Nickel in 2022 increased by 13% to 218.97 thousand tonnes. Copper production grew by 6% to 432.99 thousand tonnes. Output of palladium increased by 7% to 2.79 thousand ounces. Platinum production amounted to 651 thousand ounces, having increased by 2%.

Rostelecom

Operator Rostelecom will install 1,000 quantum key distribution devices on its network by 2030, the company's project director Sergey Hanenkov said at Trusted Quantum Technologies and Communications forum. Quantum key distribution, or quantum encryption, is a method of secure communication. It allows two parties to create a common random secret key known onl...

Noventiq

Noventiq, Softline's international business, plans to re-register in the Cayman Islands. Сompany is now registered in Cyprus. After the division of Softline business into Russian and international divisions, the advantages associated with Cyprus have become less significant for Noventiq Group. In addition, a number of companies listed in the U.S. have domici...

KAMAZ

Automobile Concern Kamaz has handed over 31 compressed natural gas buses to Perm. This is the final batch of buses supplied by company under the earlier contract for delivery of 64 NEFAZ-5299-40-57 buses. Vehicles are already at the disposal of the operating organization - Perm Municipal Carrier MUP Permgorelectrotrans.