Stock market news

Insperity

The Insperity Board of Directors announced a quarterly dividend of $0.52 per share. The last day to buy securities to receive the dividend is December 2, 2022. The annual dividend yield may reach 1.92%.

Leggett & Platt

The Leggett & Platt Board of Directors announced a quarterly dividend of $0.44 per share. The last day to buy securities to receive the dividend is December 13, 2022. The annual dividend yield may reach 4.75%.

Nebius Group

In the course of Yandex's business reorganization, Vladimir Potanin's structures and other Russian investors may be among the new owners of the IT company, The Bell writes. Alexei Kudrin may meet with Vladimir Putin this week to approve the final configuration of the asset swap and the new management structure of Yandex. As a result of the deal, Yandex found...

HP

The HP Board of Directors announced a quarterly dividend of $0.2625 per share. The last day to buy securities to receive the dividend is December 12, 2022. The annual dividend yield may reach 3.09%.

Xiaomi

Xiaomi posted a loss of CN¥639 million for the first nine months of 2022, versus CN¥16.84 billion in profit in the previous year. Revenue fell 11.8% to CN¥213.996 billion from CN¥242.734 billion a year earlier. Xiaomi attributed the loss to write-offs related to investment losses.

Raspadskaya

Raspadskaya mine launched a new longwall with commercial reserves of 3 million tonnes of coking coal in demand in the steel industry. The equipment capabilities and mining and geological conditions allow producing up to 9.9 thousand tons of coal per day. The miners will develop the reserves within a year and a half.

T-Technologies

TCS Group Holdings reported IFRS net income of ₽10.1 billion for the first nine months of 2022, down 78.4% from ₽46.8 billion in the previous year. Meanwhile, the group's net interest income rose 6.2% to ₽103.1 billion versus ₽97.1 billion a year earlier, while commission income more than doubled to ₽64.5 billion. The cost of risk rose significantly in the f...

Positive Technologies Group

Positive Technologies futures contracts begin trading on the Moscow Exchange derivatives market. Investors have access to quarterly futures with maturities in December 2022 and March 2023. In addition, Positive Technologies shares will be available for trading at the evening session. Boris Blokhin, director of the MosBirch Stock Market Department, commented...

HP

U.S. notebook maker HP will cut its global workforce by about 4,000 to 6,000 people over the next few years, a reduction of about 10 percent. The company announced this along with the release of its financial results for fiscal 2022. HP's net income has been cut in half over the past 12 months. Management expects that the downsizing and digital transformatio...

HP

HP's GAAP net income for fiscal 2022 was $3.203 billion, down 50.7% from $6.503 billion the previous year. Revenue declined 0.8% to $62.983 billion from $63.487 billion a year earlier.