Stock market news

Renaissance Insurance

Renaissance Insurance's IFRS net profit for 9 months of 2023 amounted to ₽9.6 billion and became a record in the company's history. Premiums amounted to ₽85.2 billion, up 9.2%. Life insurance segment grew by 3.8% to ₽38.8 billion and non-life by 14.2% to ₽46.5 billion.

Credit Bank of Moscow

Moscow Credit Bank's IFRS net profit for 9 months of 2023 amounted to ₽48.31 billion, almost doubling from ₽24.8 billion in the same period of 2021. Net interest income rose 46.8% to ₽83.85 billion against ₽57.1 billion.

T-Bank

TCS Group enters the advertising market as an independent player. New advertising cabinet will be built on the basis of the Tinkoff Vygoda platform, on which various partner programs are implemented: cashback mechanics, installment loyalty clubs, etc. Next year, the company plans to develop a wide inventory for advertisers in addition to the existing one and...

Tomsk Switching Company

Tomsk Distribution Company's IFRS net profit for 9 months of 2023 amounted to ₽386.71 million, up 34.8% from ₽286.89 million in the previous year. Revenue increased 13.9% to ₽6.82 billion against ₽5.99 billion a year earlier.

Sovcomflot

Board of Directors of Sovcomflot recommended that dividends be paid for 9 months 2023 in the amount of ₽6.32 per ordinary share. The last day of the purchase of securities to receive dividends is January 4, 2024. Dividend yield may amount to 5.09%.

Novolipetsk Iron and Steel Works

NLMK shareholders will consider the early termination of the powers of the group's president at an extraordinary meeting scheduled for January 6. Grigory Fedorishin has been the company's president since 2018.

Whoosh

Kicksharing service Whoosh has successfully tested an electric scooter with a computer vision module that reads and processes data from the environment. Devices successfully recognized people, obstacles and road markings. With the help of computer vision, the service will be able to adjust the speed of the scooter based on the surrounding environment, as wel...

Walmart

Walmart's GAAP net income for 9 months of fiscal 2024 totaled $10.592 billion, nearly doubling from $5.483 billion in the prior year. Revenue increased 6.1% to $474.74 billion from $447.24 billion a year earlier.

Macy's

Macy's GAAP net income for 9 months of 2023 totaled $175 million, down 4 times from $668 million in the previous year. Revenue decreased by 7.5% to $14.972 bln vs. $16.178 bln a year earlier.

Mobile TeleSystems

MTS' IFRS net profit for 9 months of 2023 amounted to ₽39.2 billion, up 41.5% from ₽27.7 billion in the previous year. Revenue rose 12.2% to ₽446 billion against ₽397.4 billion a year earlier.