Stock market news

3M

3M's GAAP loss for 9 months of 2023 was $7.926 billion, against a profit of $5.248 billion in the prior year. Revenue declined 5.7% to $24.668 bln versus $26.15 bln a year earlier.

General Motors

General Motors' GAAP net income for 9 months of 2023 totaled $7.846 billion, up 1.9% from $7.701 billion in the prior year. Revenue increased 13.4% to $128.86 billion from $113.63 billion a year earlier.

General Motors

General Motors Board of Directors announced a quarterly dividend of $0.09 per share. The last day to buy securities to receive the dividend is November 29, 2023. The annual dividend yield may reach 1.09%.

Lenzoloto

Lenzoloto's RAS net profit for 9 months of 2023 amounted to ₽63.177 million, down multiple times from ₽587.98 million in the previous year.

General Electric

General Electric's GAAP net income for 9 months of 2023 totaled $8.182 billion, compared to a loss of $2.378 billion in the prior year. Revenue increased by 17.6% to $48.531 bln vs. $41.272 bln a year earlier.

International Trade Centre

International Trade Center's RAS net profit for 9 months of 2023 was ₽2.895 billion, up 7 times from ₽0.407 billion in the previous year. Revenue increased 19% to ₽5.716 billion against ₽4.804 billion a year earlier.

Nebius Group

IT company Yandex has merged the Yandex Market, Yandex Food, Yandex Lavka and Market Delivery services into a new e-commerce business unit. Roman Maresov, who was previously responsible for Yandex Food and Deliveri, became the head of the new division. Combined team will continue to improve unit-economics of services and strengthen their integration. End-to-...

Mosenergo

Mosenergo increased its stake in the authorized capital of Gazprom Energoholding Industrial Assets by making an additional contribution with a nominal value of ₽7.5 billion. As a result, Mosenergo's stake in the engineering company increased from 39.95% to 46.96%.

Positive Technologies Group

Positive Technologies has agreed to partner with eight cybersecurity service and solution providers in the Middle East to develop cooperation in the region to promote state-of-the-art products as well as to share IS expertise. Market for security service providers in the region is growing at an average annual rate of 9.5%, driven in part by regulatory requir...

Whoosh

Whoosh has developed its own batteries for electric scooters with improved performance and is testing them. Proprietary electric batteries have nearly twice the capacity of current batteries, charge twice as fast as their counterparts, and have interfaces for remote data collection. Their introduction will have a positive impact on both operational performan...