Stock market news

Chelyabinsk Iron and Steel Works

Chelyabinsk Metallurgical Plant's RAS net profit for 9 months of 2022 was ₽23.78 billion, up 106.6% from ₽11.51 billion in the previous year. Revenue increased 0.7% to ₽132.84 billion compared to ₽131.97 billion a year earlier.

Inter RAO

Inter RAO acquired Siemens Energy's 65% stake in STGT, a joint venture with Power Machines. In addition, an Inter RAO structure became the owner of Voronezh Transformer, a Voronezh plant of Siemens Energy. The enterprise was acquired by Dutch RAO Intertech B.V. The business of producing high-quality transformers adds synergy to the engineering assets acquire...

UnitedHealth Group

UnitedHealth's GAAP net income for 9 months of 2022 was $15.731 billion, up 16.2% from $13.541 billion in the previous year. Revenues increased 12.9% to $241.38 billion from $213.85 billion a year earlier.

Severstal

Severstal produced in 9 months of 2022 7.967 mln tons of steel, 8% less than in the same period last year. Production of pig iron increased by 1%, amounting to 8.127 mln tons. Sales of steel products increased by 2%, amounting to 8.123 million tons. The share of high value added products decreased by 2 p.p. to 44%. The company also announced its decision not...

Mobile TeleSystems

MTS is not considering to enter new markets and the company's foreign assets are under potential sale in case there are good buyers, said Polina Ugryumova, MTS Investor Relations Director. Company isn't actively looking for buyers. MTS also keeps plans to sell the MTS tower infrastructure, but believes that such a deal needs stable inflation and normal funct...

Ozon Holdings

Online retailer Ozon plans to develop pickup points in small towns and villages. At the first stage of the project the pickup points will appear in 2.5 thousand villages with 1 to 3.5 thousand inhabitants. It will be possible to open a firm self-checkout points in a private house, local store or combined with other business on the same territory, the main re...

VK

VK applications for iOS devices became available for download in the App Store again. VK applications disappeared from the App Store on September 26, after which both the company itself and Ministry of Digital of Russian Federation appealed to Apple to explain the reasons for the removal.

Progressive

Progressive's GAAP loss for 9 months of 2022 was $0.105 billion, compared to a profit of $2.389 billion in the previous year. Revenue increased 2.6% to $36.141 billion from $35.21 billion a year earlier.

Lenzoloto

Board of Directors of Lenzoloto recommended that dividends be paid for 9 мес. 2022 in the amount of ₽3508 per ordinary share. The last day of the purchase of securities to receive dividends is November 24, 2022. Dividend yield may amount to 30.09%.

VK

Odnoklassniki social network has launched a chat-bot constructor, which authors and business representatives can install in their groups and business pages so that clients and readers can quickly get answers to their questions. Chatbots can be set up to search for a post in the group on a particular topic, help with the choice of a particular service or prod...