Stock market news

AECOM

The AECOM Board of Directors announced a quarterly dividend of $0.15 per share. The last day to buy securities to receive the dividend is December 30, 2022. The annual dividend yield may reach 0.82%.

Kulicke and Soffa Industries

The Kulicke and Soffa Industries Board of Directors announced a quarterly dividend of $0.19 per share. The last day to buy securities to receive the dividend is December 20, 2022. The annual dividend yield may reach 0.73%.

INARCTICA (Russian Aquaculture)

Inarctica CEO Ilya Sosnov and Kaluga Region Governor Vladislav Shapsha discussed cooperation in commercial fish farming and the company's business plans. During the meeting, the head of the company reminded that in 2018 Inarctica received the right to use six fish farming areas in the Barents Sea, which will increase production capacity to 50 thousand tons o...

KAMAZ

Kamaz plans to fully localize production of the new generation K5 truck cabin by March 2023, said the head of the company Sergey Kogogin. We are talking about the localization of interior parts, the frame of the K5 cab is already localized, the Kamaz press service explained. Automaker now produces three generations of trucks at once: the classic K3 with its...

VTB Bank

Bank of Russia allowed VTB to switch to an advanced approach to credit risk assessment, the IRB approach or TAC approach. Using the bank's own methods and models will allow it to assess credit risks more accurately and save capital, showing higher capital adequacy. Transition to IRB will last for about three years. VTB became the fourth systemically importan...

Rusagro

Rusagro may buy Wilmar's stake in NMZhK, Kommersant sources told Kommersant. NMZhK produces Ryaba mayonnaises, Astoria sauces and ketchups, Khozyayushka margarines, as well as soaps, snacks, etc. In 2021, the company's revenues rose 45% to ₽47.7 billion, and its net income was ₽2.8 billion. According to the latest data in Wilmar's statements, its stake in NM...

Ozon Holdings

Ozon is opening a representative office in China to expand the range of goods from local sellers. Company intends to increase the turnover of Chinese goods tenfold by 2024. However, experts warn that the marketplace is unlikely to be able to solve the problem of timely delivery of orders quickly due to the serious difficulties in the logistics market as a wh...

VK

VK expects to develop a game engine by the end of 2025, at which time the first game on it is planned to be released, according to a document sent to the Ministry of Finance. Company expects to finance the development without budget subsidies and monetize it by separating the free and commercial versions. Development is scheduled to begin in January 2023. Am...

PPL

The PPL Board of Directors announced a quarterly dividend of $0.225 per share. The last day to buy securities to receive the dividend is December 7, 2022. The annual dividend yield may reach 3.2%.

FedEx

The FedEx Board of Directors announced a quarterly dividend of $1.15 per share. The last day to buy securities to receive the dividend is December 8, 2022. The annual dividend yield may reach 2.04%.