Stock market news

Cosmos Hotel will build a ski resort in Kamchatka
Sistema's Cosmos Hotel Group and the government of Kamchatka Krai signed an agreement under which it is planned to create an all-season ski resort in the region. It is planned to create three resort o…

MEDSI and the Zdravcity health marketplace have completed integration
MEDSI network of clinics has completed integration of the SmartMed telemedicine application with the Zdravcity health marketplace. SmartMed now features the full patient journey - from doctor's appoin…

Inter RAO will pay dividends for 2022 in the traditional amount
Inter RAO plans to send its shareholders dividends based on this year's performance in the traditional amount - 25% of IFRS net profit, the company's head Boris Kovalchuk said. He also noted that the …

PhosAgro will invest more than ₽250 billion over the next five years
PhosAgro maintains its investment program and plans to spend more than ₽250 billion on investments over the next 5 years. In 2022, the company's capex including capitalized repairs will be about ₽64 b…

Shareholders of Phosagro approved dividends for 9 months 2022
Shareholders of Phosagro approved dividends for 9 months 2022 in the amount of ₽318 per ordinary share. The last day of purchase of securities to receive dividends is December 15, 2022. Dividend yiel…

Sber is closing its subdivision in the UAE
Sberbank is closing its office in Abu Dhabi, which had planned to become an "Islamic window", sources told Frank Media. It is now almost impossible for a sanctioned bank without access to the SWIFT sy…

Adobe reported for fiscal year 2022
Adobe's GAAP net income for fiscal year 2022 was $4.756 billion, down 1.4% from $4.822 billion in the previous year. Revenue rose 11.5% to $17.606 billion from $15.785 billion a year earlier.

Green Crab electric carsharing got 95 Evolute cars
Avilon dealer group has handed over 95 Evolute cars assembled in Russia to Green Crab, an electric carsharing service in the Far East, co-owned by RusHydro and Vadim Shvetsov, former main shareholder …

Fortune Brands has spun off the closet business into a separate public company
Fortune Brands spun off the cabinet business into a separate public company, MasterBrand. Fortune Brands shareholders received one share of the spun-off company for each of their companies. Fortune Br…

The Methode Electronics announced a quarterly dividend
The Methode Electronics Board of Directors announced a quarterly dividend of $0.14 per share. The last day to buy securities to receive the dividend is January 11, 2023. The annual dividend yield may …
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