Straits Times Index
3,280.10 -7.65 (-0.23%) Nikkei
37,934.76 +306.28 (+0.81%) Hang Seng
17,651.15 +366.61 (+2.12%) FTSE 100
8,119.30 +40.44 (+0.50%) Bitcoin USD
64,150.14 +765.85 (+1.21%) CMC Crypto 200
1,388.93 -7.61 (-0.54%)
Yandex N.V. (YNDX)
| Previous close | 18.94 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 18.94 - 18.94 |
| 52-week range | 18.94 - 18.94 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 6.797B |
| Beta (5Y monthly) | 0.89 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.22 |
| Earnings date | 26 Apr 2024 - 29 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Russian internet giant Yandex reported a 40% rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off. Yandex's Nasdaq-listed and Dutch-registered parent, Yandex NV, in February struck a $5.2-billion deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. Yandex's search and portal business and entertainment services were also among the business lines to contribute to the revenue rise, Yandex said.
- Reuters
Southey Capital offers to buy shares in Russian railroad firm Globaltrans
Southey Capital, a capital markets firm specialising in distressed and illiquid securities, said on Monday it was offering to buy shares in Russian railroad operator Globaltrans at a discount of around 20%. Western sanctions imposed in response to the conflict in Ukraine and subsequent Russian countermeasures have stranded assets in both Russia and the West. Globaltrans did not immediately respond to a request for comment on the offer by London-based Southey Capital.
- Reuters
UPDATE 1-Yandex NV shareholders approve sale of Russian assets to investor consortium
Shareholders of Dutch-registered Yandex NV approved the sale of "Russia's Google," the country's most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday. Yandex, a technology company that operates an internet search engine, last month struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. Yandex NV said in a statement that it was pleased with the progress made so far on satisfying required conditions, including receiving shareholder approval and a green light from the Russian government's commission for control over foreign investment.
