Stock market news

General Mills logo 24.11.21
General Mills

General Mills is selling its European dough production facilities to Cérélia. The deal will also include the company's brands in Germany, the United Kingdom and Ireland, including the Knack & Back and Jus-Rol brands. The deal is scheduled to close by the end of fiscal 2022. Financial terms were not disclosed.
LUKOIL logo 24.11.21

Lukoil plans to restore pre-crisis daily production levels in 2022 and annual production in 2023, as well as to increase oil and gas condensate production in Russia to 83-84 million tons within three years. The company's capex in 2022 will be about ₽550 billion, excluding West Qurna-2. The company's long-term strategy will be presented by management in March...
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GAZ logo 24.11.21

GAZ plans to launch mass production of hydrogen engines in 2.5 years, said Konstantin Rukhani, General Director of the Powertrain division. He also added that the design of the unit will be close to that of a gas piston engine. A vehicle with such an engine could be 30-40% more expensive than the current ones.
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Deere & Company logo 24.11.21
Deere & Company

Deere & Company's GAAP net income for fiscal year 2021 was $5.965 billion, up 2.2 times from $2.753 billion in the prior year. Revenues rose 23.9% to $44.024 billion from $35.54 billion a year earlier.
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Huazhu Group logo 24.11.21
Huazhu Group

Huazhu Group's GAAP loss in Q3 2021 was CN¥136 million, down 33.7% from CN¥205 million in the previous year. Revenue increased 11.6% to CN¥3.523 billion from CN¥3.158 billion a year earlier.
Westlake Chemical logo 24.11.21
Westlake Chemical

Westlake Chemical is buying Hexion Epoxy for $1.2 billion, producing epoxy resin for a variety of industries. The deal is scheduled to close in the first half of 2022.
Cian logo 24.11.21

Cian's IFRS loss for 9M 2021 was ₽1.969 billion, up 3.1 times from ₽0.645 billion in the previous year. Revenue increased 56.5% to ₽4.261 billion compared to ₽2.723 billion a year earlier.
TCS Group Holdings logo 24.11.21
TCS Group Holdings

TCS Group is considering acquiring small financial companies outside Russia to expand into other countries. The group is working with a number of regulators to determine where there is the best chance of obtaining a full banking license and a set of brokerage licenses, said TCS Group co-director Pavel Fedorov.
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Cian logo 24.11.21

Ministry of Finance has made it possible to log on through ESIA to the portals CIAN, and as part of a pilot project in which ten companies have already joined to date. Users with a verified account were able to perform legally significant actions on commercial sites. The pilot will continue until July 1, 2022.
Viomi Technology Co logo 24.11.21
Viomi Technology Co

Viomi Technology's GAAP loss for 9M 2021 was CN¥29.147 million, against a loss of CN¥35.107 million in the previous year. Revenue fell 28.9% to CN¥1.057 billion from CN¥1.487 billion a year earlier.