Stock market news

Home Depot

Home Depot's GAAP net income for 9 months of 2023 was $12.342 billion, down 10.2% from $13.743 billion in the prior year. Revenue fell 3% to $117.88 billion from $121.57 billion a year earlier.

Sberbank

Sberbank implemented Russia's first bank guarantee transaction where a conventional contract was replaced by a smart contract on a blockchain platform. Client received a financial service on Sberbank's blockchain platform by initiating a smart contract through a transaction from his e-wallet.

Alrosa

Alrosa notes stabilization and the first signs of recovery of positive price dynamics for rough and polished diamonds in the global market. As is expected, Christmas sales season will be positive for jewelry retailers, in which case a steady growth in demand and prices for most categories of rough and polished products will resume as early as the 1st quarter...

Gazprom

Gazprom Holding is building a new de-ethanization unit for 8 million tons at the Urengoy Plant. In 2021, there was a fire at the Urengoy Plant that destroyed one of the deethanization units. Unit capacity was 6 million tons.

Far-Eastern Shipping Company

Fesco plans to agree on a medium- and long-term development strategy with Rosatom in the near future, said head of the company's Board of Directors Andrei Severilov in a large interview with Kommersant about Fesco's development plans. Top manager considers the transfer of control in Fesco to Rosatom as an optimal solution and expects that company will obtain...

Far-Eastern Shipping Company

Fesco's RAS net profit for 9 months of 2023 amounted to ₽9.07 billion, up 5 times from ₽1.84 billion in the previous year. Revenue increased 12.9% to ₽6.47 billion against ₽5.73 billion a year earlier.

SmartTechGroup (CarMoney)

CarMoney held a presentation of key vectors of strategic development until 2026. Company intends to increase net profit to ₽2 billion and expects capitalization to grow to ₽20 billion. Achieve this target plans are to both scale the business and monetize the company's technology and expertise in two ways: outsourcing the IT infrastructure of car loan issuanc...

Ozon Holdings

Ozon has started delivering goods to Uzbekistan. Orders are still being issued at Boxberry Union CIS. Delivery costs so far amount to half the cost of the goods or even more. According to Freedom Finance Global analysts, taking into account inflation, the company's investments in local infrastructure may reach $150 million. For comparison, Wildberries has a...

T-Bank

Tinkoff Bank's RAS net profit for 9 months of 2023 amounted to ₽33.62 billion, down 16.4% from ₽40.21 billion in the same period of 2021. Net interest income rose 82.3% to ₽150.43 billion against ₽82.52 billion a year earlier. Fee and commission income rose 61.5% to ₽151.61 billion.

Gazprom Neft

Gazprom Neft's RAS net profit for 9 months of 2023 amounted to ₽369.56 billion, down 17.7% from ₽449.29 billion in the previous year. Revenue fell 4.4% to ₽2.41 trillion against ₽2.52 trillion a year earlier.