Stock market news

Yakovlev

Board of Directors of Yakovlev proposed to place 32 bln additional shares by private subscription in favor of a classified circle of persons. Payment for the additional shares may be made either in cash or by offsetting cash claims. Shareholders will discuss the additional issue at the meeting on November 08.

Goldman Sachs

Goldman Sachs Board of Directors announced a quarterly dividend of $2.75 per share. The last day to buy securities to receive the dividend is November 28, 2023. The annual dividend yield may reach 3.16%.

Goldman Sachs

Goldman Sachs' GAAP net income for 9 months of 2023 totaled $6.508 billion, down 34.5% from $9.935 billion in the prior year. Revenue fell 5% to $34.936 billion from $36.772 billion a year earlier.

Transneft

Decision to split Transneft shares is an important step to ensure investment in the company by Russian citizens, the company's board of directors and the state supported it, said Kirill Dmitriev, head of the Russian Direct Investment Fund and a member of Transneft's board of directors. Earlier, Transneft's board of directors recommended that shareholders dec...

Bank of America

Bank of America's GAAP net income for 9 months of 2023 totaled $23.37 billion, up 14.6% from $20.396 billion in the prior year. Revenue increased by 8.8% to $76.622 bln vs. $70.418 bln a year earlier.

Territorial Generating Company № 14

Energy generation by TGC-14 power plants for 9 months of 2023 amounted to 2.088 bln kWh, up 5% year-on-year. Volume of heat output from CHPP collectors was not disclosed by the company.

Johnson & Johnson

Johnson & Johnson's GAAP net income for 9 months of 2023 totaled $31.104 billion, up 2.2 times from $14.421 billion in the previous year. Revenue increased 6.2% to $63.764 billion from $60.051 billion a year earlier.

Alrosa

Alrosa is not negotiating its withdrawal from the joint venture with Angola's Endiama - the Katoka mining company in Angola, the company's press service said. Earlier the African edition of Africa Intelligence reported about the negotiations, citing sources.

Magnit

Retailer Magnit opened the first distribution center for the First Choice hard discounter chain in the Moscow Region. Capacity of the complex with an area of 19.2 thousand square meters is designed to serve up to 200 stores in Moscow, the Moscow region and the nearest cities. Distribution center works according to 3PL-model - a partner of the retail chain is...

Nebius Group

Yandex subsidiary Yango has unveiled its Arabic-speaking AI assistant Yasmina. Presentation of the voice assistant took place at the GITEX technology exhibition in Dubai. Technologies for creating an Arabic-speaking AI assistant were provided by the Yandex Alice virtual assistant and robotics development center. Yasmina can manage a smart home, understands t...