Newsfeeds Archive - Spark Newswire

1 minute read

Russia’s Google Yandex Navigates Strategic Turn, Divests Russian Assets for Over $5B

February 5, 7:14 AM

The Dutch holding company behind Yandex NV seals a $5.21 billion deal, selling its Russian and select international businesses. This divestment, subject to a 50% discount approval by Russia's government, aims to recover value for shareholders. Yandex plans to refocus on four international business lines post-transaction, emphasizing growth and unlocking new potentials.

YNDX

2 minute read

Russia’s Google, Yandex, Contemplates Comprehensive Sell-off of Russian Assets Amid Geopolitical Tensions

By Vandana Singh

November 15, 10:58 AM

The Dutch holding company behind Yandex NV (NASDAQ: YNDX) is reportedly contemplating a comprehensive sell-off of all its Russian assets rather than pursuing merely a controlling stake sale to finalize the deal before the year's end.

YNDX

2 minute read

Vladimir Putin Set For China Visit Despite ICC Arrest Warrant

By Piero Cingari

August 29, 10:37 AM

Russian President Vladimir Putin is slated to embark on his inaugural overseas journey since the International Criminal Court…

BABA

16 minute read

Earnings

Earnings Scheduled For April 26, 2023

By Benzinga Insights

April 26, 7:13 AM

Companies Reporting Before The Bell • Teck Resources (NYSE:TECK) is expected to report quarterly earnings at $1.36 per share on revenue of $3.11 billion.

1 minute read

M&A
News

Uber Exits Russia, Yandex Procures Uber’s Remaining Stake In JV For Hefty Sum

By Anusuya Lahiri

April 21, 12:17 PM

On April 21, Uber Technologies, Inc (NYSE:UBER) consummated the sale of its remaining 29% equity interest in MLU B.V., the company’s…

UBER

2 minute read

News

Reported Late Wednesday March 15, Yandex Receives Notice Of Delisting From Nasdaq; The Company Intends To Request A Hearing Before A Nasdaq Hearings Panel To Appeal The Staff’s Determination

By Happy Mohamed

March 16, 12:51 AM

Yandex (NASDAQ:YNDX)(MOEX:YNDX), a Dutch public limited company and one of Europe's largest internet businesses, today announced that it received a written notice (the "Notice") from the Listing

YNDX

8 minute read

Earnings

Earnings Scheduled For February 14, 2023

By Benzinga Insights

February 14, 5:44 AM

Companies Reporting Before The Bell • WESCO International (NYSE:WCC) is projected to report quarterly earnings at $3.79 per share on revenue of $5.37 billion.

ABNB

1 minute read

Yandex Co-Founder Arkady Volozh Bids Goodbye To Staff

By Anusuya Lahiri

December 30, 8:17 AM

The co-founder of Russian internet giant Yandex N.V. (NASDAQ:YNDX), Arkady Volozh, bid farewell to its staff ahead of a corporate restructuring.…

YNDX

2 minute read

Yandex Seeks Putin’s Approval For Business Restructuring: Report

By Anusuya Lahiri

November 25, 11:32 AM

Yandex N.V. (NASDAQ:YNDX), often described as “Russia’s Google,” sought Vladimir Putin’s permission to sell its operations in the country,…

YNDX

3 minute read

Buying Russian Stocks In The U.S. Is Still Impossible — Here’s Why

By Natan Ponieman

August 23, 2:04 PM

The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion.

CIAN