Stock market news

Boeing

U.S. regulators will not issue a permit to operate the new Boeing 737 MAX 10 airliner until the summer of 2023, Reuters reported, citing FAA documents. Boeing now has until December to get the necessary permits, otherwise the company will need to make changes to the pilot alert system to make the plane comply with the updated requirements, which could delay...

Micron Technology

Micron will invest up to $100 billion to build a huge computer chip manufacturing complex in upstate New York over the next 20 years, the latest move by a major semiconductor maker to invest in the United States. Investments were made possible by the recently passed Chips and Science Act, which provides $52 billion in grants and subsidies, Micron CEO Sanjay...

MMC Norilsk Nickel

MMC Norilsk Nickel redeemed 791,227 shares, or 0.5% of the company's share capital. The securities were purchased by the company as part of the buyback in June 2021.

LUKOIL

Lukoil won the auction for the right to use the Severo-Vareyskiy-1 subsoil area in the Yamalo-Nenets Autonomous District with prospective recoverable resources of more than 100 billion cubic meters. The final payment amounted to ₽44.805 million.

VK

VK completed beta testing of the VK Pla platform, which was launched in April 2022, and introduced a full version of the site for players and developers. As part of the update, the platform became available in seven languages, a developer's cabinet was launched, a chat room for player communication, and a section for screenshots and videos from games. In add...

SPB Exchange

SPB Exchange from tomorrow increases the number of shares listed on the Hong Kong Stock Exchange. Four new shares will be traded on the exchange: securities of PetroChina, China Life Insurance, Aluminum Corporation and Sinopec Shanghai Petrochemical. Thus, the number of shares listed in Hong Kong will increase from 12 to 16 securities. Earlier, SPB Exchange...

Poshmark

Naver is buying Poshmark for $1.2 billion, or $17.9 per share. The deal is scheduled to close in the first quarter of 2023.

Magnit

Retailer Magnit consolidated its production assets into a separate business unit - the agricultural and industrial complex. The new unit will be headed by Yevgeny Sluchevsky, who, before joining Magnit, headed the meat business area of Rusagro Group for three years.

NOVATEK

Novatek will build a natural gas liquefaction complex with a capacity of over 14.2 thousand tons per year in the village of Novoselki in the Kashira District. The produced LNG will be sold as a gas motor fuel through the Novatek-LNG fuel cryogenic filling stations network as well as used for autonomous gasification. Investments in the project will total ₽2.6...

NovaBev Group

Shareholders of Beluga Group approved dividends for 6 months 2022 in the amount of ₽150 per ordinary share. The last day of purchase of securities to receive dividends is October 11, 2022. Dividend yield may amount to 5.62%.