Stock market news
Cisco buys Splunk
Cisco is buying Splunk for $28 billion, or $157 per share. The deal is expected to close by the end of Q3 2024.
Fesco plans to introduce unmanned ship management systems
Fesco plans to introduce autonomous ship navigation systems. Company has already agreed on a pilot project with Sitronics Group, under which Fesco will test Sitronics solutions on small-capacity vesse…
KuibyshevAzot redeemed 24.4% of treasury shares
KuibyshevAzot redeemed 58 mln treasury shares, which accounted for 24.4% of the authorized capital. Now the capital of KuibyshevAzot is divided into 176,582,531 ordinary shares and 3,205,289 preferred…
Polymetal is considering expansion into new jurisdictions
Polymetal is exploring opportunities for expansion into new jurisdictions. Company has conducted a preliminary analysis of other countries, and working groups have been set up for some of them togethe…
TMK to place an additional issue of 1.5% of shares
TMK's main shareholder, OOO TMK Steel Holding, is selling 15 million shares of the company, which corresponds to 1.5% of the authorized capital, as part of the SPO. Price range of the offer will be fr…
FedEx reported for 3 months of fiscal year 2024
FedEx's GAAP net income for 3 months of fiscal 2024 was $1.08 billion, up 23.4% from $0.875 billion in the prior year. Revenue declined 6.5% to $21.7 bln vs. $23.2 bln a year earlier.
Shareholders of Cherkizovo approved dividends for 6 months 2023
Shareholders of Cherkizovo approved dividends for 6 months 2023 in the amount of ₽118.43 per ordinary share. Last day of purchase of securities to receive dividends is September 28, 2023. Dividend yie…
Nornickel increases marine copper shipments to China
MMC Norilsk Nickel plans to ship 45 thousand tons of copper to China via the Eastern Transport Corridor during the summer navigation period this year. Previously, the main channel of copper products s…
Alrosa suspends diamond sales due to weak demand
Alrosa suspended sales of rough diamonds for two months amid concerns about a decline in demand in international markets. Decision was made after receiving a request from India's Gem and Jewelry Expor…
Detsky Mir completed its transformation into a private business
DMFA JSC consolidated 58.26% of Detsky Mir PJSC shares by transferring 100% of shares to non-public DMK JSC as payment for part of the repurchased shares. Now DMFA intends to make another offer to rep…
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