Stock market news

Mobile TeleSystems

MTS launched the ID Scan RIM service of remote identification of individuals for large businesses. With its help, companies can check information about individuals faster and protect themselves from fraudulent actions by unscrupulous users. This is the first solution on the Russian market that combines seven systems for data collection, recognition and verif...

Oracle

Oracle's GAAP net income for 3 months of fiscal 2023 was $1.548 billion, down 37% from $2.457 billion in the previous year. Revenue rose 17.7% to $11.445 billion from $9.728 billion a year earlier.

Gen Digital

NortonLifeLock and Avast have completed their merger. New company will serve more than 500 million users, including approximately 40 million direct customers. Avast shareholders received a combined payout in cash and NortonLifeLock stock.

Mandiant

Google closed the deal to buy Mandiant for $5.4 billion, or $23 per share.

Territorial Generating Company № 1

Target level of TGC-1's dividend payments will be no less than 50% of adjusted net profit, according to the company's updated dividend policy. Amount of dividends is calculated on the basis of the adjusted net profit according to RAS or IFRS.

Mosenergo

Target level of Mosenergo's dividend payments will be no less than 50% of adjusted net profit, according to the company's updated dividend policy. The amount of dividends is calculated on the basis of the adjusted net profit according to RAS or IFRS.

KAMAZ

Automobile Concern Kamaz has handed over 26 buses Nefaz to SUE Bashavtotrans. This is the second and final batch of buses delivered by the company ahead of schedule under the earlier contract, Kamaz's press service explained. The first 37 buses were handed over on August 29.

VK

VK plans to increase the staff of Zen platform. Current employees of the service have already been given all the conditions for their further development so that they can feel confident in the long term, the company notes.

OGK-2

OGK-2's target level of dividend payments will be no less than 50% of adjusted net profit, as follows from the company's updated dividend policy. The amount of dividends is calculated on the basis of adjusted net profit under RAS or IFRS.

Magnitogorsk Iron and Steel Works

MMK is in talks with the Indian side to supply sheet metal or localize its production in the South Asian republic, said Egor Kovalchuk, vice-governor of Chelyabinsk region. "They have a product that is widely used in Russia - it is sheet metal for the automotive industry. In India, automobile production is developed, Magnitogorsk residents see prospects for...