Stock market news

Segezha Group is exploring options for selling assets in Europe
Segezha Group is considering several offers to sell its European assets, said Segezha President Mikhail Shamolin. He commented that the group's enterprises in the EU now continue to work, but have pro…

VK opens VK Stadium concert space
VK will open its first multifunctional concert space, VK Stadium, in December of this year. It will host concert shows, music events, and events of different formats. The venue will be located in a hi…

Segezha Group's net profit for 9 months of 2022 fell by 37%
Segezha Group's net income under IFRS for the first nine months of 2022 was ₽7.024 billion, down 36.9% from ₽11.129 billion in the previous year. Revenue increased 28% to ₽87.379 billion compared to ₽…

Skillbox is expanding offline
VK online school Skillbox is buying a 10% stake in Grafika, a network of drawing schools for adults and children. Under the agreement, Grafika and Skillbox will create a joint venture that will "scale…

Lukoil to sell refinery in Sicily for €1.5 billion
The buyer of Lukoil's refinery in Sicily is likely to become the American Crossbridge Energy Partners. The companies are close to conclude a deal, Reuters reports. The deal is estimated at about €1.5 …

Broadcom reported for fiscal year 2022
Broadcom's GAAP net income for fiscal year 2022 was $11.495 billion, up 70.7% from $6.736 billion the previous year. Revenue increased 21% to $33.203 billion from $27.45 billion a year earlier.

M.Video and Eldorado will become one network
M.Video-Eldorado is merging chains under the new Eldorado + M.Video brand in order to increase their cost-effectiveness. The company is merging loyalty programs, and the stores will also share a commo…

The Philip Morris International announced a quarterly dividend
The Philip Morris International Board of Directors announced a quarterly dividend of $1.27 per share. The last day to buy securities to receive the dividend is December 20, 2022. The annual dividend y…

TGC-1 will build the first hydro power plant in decades in Northwest Russia
TGC-1 plans to commission the first Northwest hydroelectric power plant in decades in the Murmansk Region by the summer of 2026. Last hydroelectric power plant in the North-West of Russia was built in…

Shareholders of Rosseti Kuban approved dividends for 9 months 2022
Shareholders of Rosseti Kuban approved dividends for 9 months 2022 in the amount of ₽5.5866 per ordinary share. The last day of purchase of securities to receive dividends is December 14, 2022. Divid…
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