Stock market news

General Motors

GM will deliver up to 175,000 electric vehicles to Hertz over the next five years. First Chevrolet Bolt EV and Bolt EUV will be delivered in early 2023. These vehicles are expected to be followed by newer models of electric vehicles with the company's Ultium Battery technology, such as the Chevrolet Blazer, Chevrolet Equinox and vehicles from other GM brands...

Gilead Sciences

Gilead Sciences has completed its acquisition of MiroBio for $405 million. As a result of the acquisition, Gilead received the proprietary MiroBio research platform and the entire portfolio of immuno-inhibitory receptor agonists. MiroBio's lead investigational antibody, MB272, is now in Phase 1 clinical trials.

Segezha Group

Segezha Group is going to open an official representative office in China. Branch in China will allow the company to strengthen its presence in the Chinese market, as well as in the markets of the Asia-Pacific region, as part of the company's strategy of reorientation to the East.

MOEX Group (Moscow Exchange)

Moscow Exchange will suspend trading in British pound from October 3. The restrictions will affect spot and swap instruments on currency pairs "British pound - Russian ruble" and "British pound - U.S. dollar" in exchange and OTC modes. Suspension of operations is due to potential risks and difficulties in carrying out settlements in this currency, the tradin...

RPA Nauka

Shareholders of RPA Nauka approved dividends for 2022 in the amount of ₽5.93 per ordinary share. The last day of purchase of securities to receive dividends is September 28, 2022. Dividend yield may amount to 3.12%.

PIK-specialized developer

PIK founder Sergey Gordeev left his position as general director of the company. He will now focus on corporate governance and strategic development, including new technology areas. The new head of PIK is Ivan Polandov, who had previously been First Deputy CEO.

Russneft Oil Company

RussNeft expects to produce 6.9 million tons of oil in 2022 and expects to produce the same amount in 2023, President of the company Yevgeny Tolochek told reporters. The volume of investments next year is also expected to be at the level of 2022 - about ₽29 billion.

Microsoft

The Microsoft Board of Directors announced a quarterly dividend of $0.68 per share. The last day to buy securities to receive the dividend is November 15, 2022. The annual dividend yield may reach 0.93%.

Russneft Oil Company

RussNeft may consider the issue of paying dividends on common stock and not only on preferred stock in a couple of years if market conditions are favorable, said the head of the company Yevgeny Tolochek. "Now we have a different strategy, we're going to get a little bit free of the main debt. In principle, it's already good. But a couple more years, if the s...

Russneft Oil Company

RussNeft has budgeted the price of Urals oil at $65 per barrel this year and next year the price is expected to be $69 per barrel, said President of the company Yevgeny Tolochek. Therefore, setting the price "ceiling" at this level will make the export efficient if the dollar exchange rate is high, he explained. Tolocek stressed that the company will act in...