Stock market news

Acron

Akron is planning to open mineral fertilizer production in Perm Territory, said Kama Governor Dmitry Makhonin. Already now, within the framework of the signed agreements, we are developing joint areas of industrial cooperation, he noted.

Big Lots

Big Lots' GAAP loss for 9 months of fiscal year 2022 was $198.25 million, compared to a profit of $127.94 million in the previous year. Revenue fell 11.2% to $3.925 billion from $4.419 billion a year earlier.

SPB Exchange

SPB Exchange on December 5 will add 21 companies with a primary listing on the Hong Kong Stock Exchange. They include securities of Industrial and Commercial Bank of China, China Construction Bank Corporation, Bank of China, China Merchants Bank, Ping An Insurance Company of China, China Petroleum & Chemical Corporation and CITIC. Thus, the total number of C...

VK

Number of content creators on the Boosty platform, part of VK, has increased 10 times since the beginning of the year. This is the fastest growth in the history of the service, Boosty said. The turnover of the service on this background has increased by more than 8 times, that is, for the authors came ready to pay for content audience. Thus, there were three...

T-Technologies

Tinkoff Bank launched service for working with marketplaces Tinkoff Seller. Tinkoff Seller's algorithms will make it possible to optimize business strategy, calculate unit economics, and give entrepreneurs recommendations on which goods and on which marketplaces to sell and how to make more money. Over time, the site plans to completely rid entrepreneurs of...

VK

VK opened a pre-order for a new smart speaker with Marusya voice assistant, VK Capsule Neo. Device comes with a set of stickers to customize the speaker. Of the new features are child and family modes with the ability, for example, to prevent a child from listening to certain news. Sound power is 5 W, the speaker recognizes human speech during loud music pla...

KAMAZ

Kamaz intends to form a passenger car division which is not consolidated with the main business of the group, Sergey Kogogin, the general director of the company said. He stressed that the passenger car business in question, in case of its creation, will not affect Kamaz financial indicators. Company participates in the realization of two projects in the pas...

Detsky Mir

Retailer Detsky Mir has increased its share buyback program from Moscow Exchange by ₽2 billion. Earlier, the company launched a buyback program for ₽3 billion for a period of six months.

Salesforce

Salesforce's GAAP net income for 9 months of fiscal year 2023 was $0.306 billion, down five times from $1.472 billion in the previous year. Revenue rose 19.8% to $22.968 billion from $19.166 billion a year earlier.

MMC Norilsk Nickel

MMC Norilsk Nickel expects serious supply disruptions in the global platinum group metals market following the recovery of demand in the automotive industry. Company has revised its palladium market deficit forecast for 2022 from 100 thousand ounces to 600 thousand ounces and expects the deficit to increase to 800 thousand ounces in 2023. Platinum group meta...