Stock market news

Far-Eastern Shipping Company

Fesco has welcomed a new container ship, named Sankt Peterburg, to its fleet. This is the third of six modern container ships ordered by Fesco from a Chinese shipyard, which will join the group's fleet in 2023. Currently, there are 34 vessels in the fleet.

Electronic Arts

The Electronic Arts Board of Directors announced a quarterly dividend of $0.19 per share. The last day to buy securities to receive the dividend is August 28, 2023. The annual dividend yield may reach 0.61%.

General Dynamics

The General Dynamics Board of Directors announced a quarterly dividend of $1.32 per share. The last day to buy securities to receive the dividend is October 4, 2023. The annual dividend yield may reach 2.35%.

X5 Group

Market value of Victoria chain, taking into account its lack of debt obligations, may be ₽9 billion, calculated for Vedomosti CEO of Infoline-Analytics Mikhail Burmistrov. Purchase of Victoria stores in Kaliningrad region will consolidate the position of X5 Retail Group in this region, penetration in which began only in 2020. According to Burmistrov's estima...

SolarEdge Technologies

SolarEdge's GAAP net income for 6 months of 2023 was $257.89 million, up 5.4 times from $48.207 million in the prior year. Revenue increased 39.9% to $1.935 billion compared to $1.383 billion a year earlier.

Virgin Galactic Holdings

Virgin Galactic's GAAP loss for 6 months of 2023 was $293.75 million, up 44.2% from $203.78 million in the prior year. Revenue increased 3.3 times to $2.263 million compared to $0.676 million a year earlier.

Advanced Micro Devices

Advanced Micro Devices' GAAP loss for 6 months of 2023 was $0.112 billion, against a profit of $1.233 billion in the prior year. Revenue declined 13.9% to $10.712 billion against $12.437 billion a year earlier.

Starbucks

Starbucks' GAAP net income for 9 months of fiscal 2023 was $2.905 billion, up 20.8% from $2.405 billion in the prior year, with revenue up 11.6% to $26.602 billion from $23.836 billion a year earlier.

Electronic Arts

Electronic Arts' GAAP net income for 3 months of fiscal 2024 was $402 million, up 29.3% from $311 million in the prior year, with revenue up 8.9% to $1.924 billion from $1.767 billion a year earlier.

Lumen (CenturyLink)

Lumen's GAAP loss for 6 months of 2023 was $8.225 billion, compared to a profit of $0.943 billion in the prior year. Revenue decreased by 20.3% to $7.399 bln vs. $9.288 bln a year earlier.