Stock market news

Tyson Foods

The Tyson Foods Board of Directors announced a quarterly dividend of $0.48 per share. The last day to buy securities to receive the dividend is November 29, 2023. The annual dividend yield may reach 3.55%.

Nebius Group

Yandex's board of directors intends to implement plans to restructure the business and attract investors in early 2024, a source told TASS. According to him, the Board of Directors continues to work on the planned restructuring of the company and is communicating with several potential investors who claim to buy various packages of economic stakes in the com...

Inter RAO

Inter RAO has reduced electricity exports to China via the Amurskaya-Heihe 500 kV overhead line from the planned 600 MW to 100-200 MW. Reduction of export volumes was caused by a decrease in water availability of HPPs in the united energy system of the East, repairs of thermal generation and growth of electricity consumption, Inter RAO explained. Company pla...

Far-Eastern Shipping Company

Fesco Transportation Group launched a new rail container service Fesco Volga Shuttle on the Samara - Vladivostok route. Service is focused on delivery of goods of Volga producers to the Russian Far East, as well as exports to East and Southeast Asia within the framework of intermodal routes and regular sea lines. Cargo traffic is based on consumer goods, con...

VK

VK Holding has signed an agreement to sell MGL Wallet, a Cyprus-based company that offers customized online payment solutions for individuals and legal entities in the European Economic Area, at the end of 2022, the company said in a statement. Execution of the terms of the agreement is expected to occur during 2023.

Nebius Group

IT company Yandex is negotiating the sale of its Yango Israel service, local publication Calcalist reports. It is specified that the sale of the service is connected with the decision of the Russian government, which decided to provide the Federal Security Service with round-the-clock remote access to the information databases of cab aggregators from Septemb...

VTB Bank

Russian President Vladimir Putin has supported the proposal of the Cabinet of Ministers to transfer United Shipbuilding Corporation to VTB's trust management for a period of 5 years. Ministry of Industry and Trade will coordinate all necessary documents in the nearest future.

VK

VK paid ₽2.5 billion for ZAO Singer, which owns the long-term lease rights to the Singer House on Nevsky Prospekt in St. Petersburg, where the VKontakte social network has had an office since 2010. Company also disclosed the amount for the sale of Foodplex LLC, which owns the R_keeper restaurant platform. It was sold to founders Grigory Gurevich and Evgeny M...

Alibaba Group Holding

Alibaba's GAAP net profit for 3 months of fiscal 2024 was CN¥33 billion, up 62.6% from CN¥20.298 billion in the previous year. Revenue rose 13.9% to CN¥234.16 billion against CN¥205.56 billion a year earlier.

Aeroflot

Aeroflot Group in July 2023 carried 5.086 million passengers, up 5% from 4.842 million passengers a year earlier. Passenger turnover increased by 11.1% to 13.229 billion pkm. Seat occupancy increased by 1.2 p.p. to 90.6%.