Stock market news

Starbucks

The Starbucks Board of Directors announced a quarterly dividend of $0.53 per share. The last day to buy securities to receive the dividend is February 8, 2023. The annual dividend yield may reach 2.26%.

Sberbank

Sberbank plans to technically integrate its blockchain platform with the DeFi ecosystem based on Ethereum. The integration will allow developers to freely transfer smart contracts and entire projects between the bank's blockchain network and open blockchain networks. It is also expected to provide interaction with the cryptocurrency wallet and NFT MetaMask,...

T-Technologies

Tinkoff SPAC exchange-traded fund will be closed on December 1 because of the decline in the popularity of SPAC companies. All investors can sell TSPV units right now or wait for the fund to be terminated and get their money invested afterwards. As explained in the bank, because of the fall of U.S. stock indices, the number of companies wishing to be listed...

Severstal

Severstal's losses as a result of the sanctions amounted to about $400 million, the company's main shareholder Alexey Mordashov said. It is about the value of the company's inventory and account balances seized in Europe.

Magnit

Retailer Magnit will commission the Mushroom Growing Center by the end of the year. Enterprise will become the largest in the country for growing oyster mushrooms, opium mushrooms and shiitake. Investment volume is about ₽1 billion, the capacity is 1.3 thousand tons of mushrooms per year. Earlier, Magnit reported plans to invest another ₽1 billion in a mycel...

Severstal

Russian metallurgists are currently exporting 40-50% of their production and can fully meet the demand inside the country, said main shareholder of Severstal Alexei Mordashov at the forum Russian Industrialist.

X5 Group

X5 Retail Group plans to expand the discounter chain Chizhik ten times in four years - up to 5 thousand stores by the end of 2026. By the end of the current year there will be more than 500 stores, and by the end of the next year the network will triple and reach 1.5 thousand stores. Discounters will take 20% of the retail market in Russia, and then may reac...

Alrosa

Diamond factory Crystal in Barnaul planning to double production output in the next few years, reports Altai Krai Ministry of Industry and Energy. Currently the company continues to modernize its production. It has purchased complexes to control geometric parameters and symmetry of polished diamonds, laser diamond sawing equipment, as well as additional syst...

Nebius Group

IT-company Yandex brought logistics IT-platform Magistrali to the market of Kazakhstan. Yandex's service makes it possible to organize domestic and cross-border freight shipments and to find cargo for the return trip. Next year, Yandex intends to localize the service in other EEU countries as well. According to the company, the demand for transportation betw...

Sberbank

Ministry of Finance is discussing with Sberbank early repayment of part of crisis subordinated loans, sources told Frank Media. We are talking about the amount of ₽150 billion. Sberbank received subordinated loans of ₽500 billion from the Central Bank during the crisis of 2008-2009. And already in May 2010, it paid back ₽200 billion of that amount, but in Ju...