Yandex News

Russian internet search engine Yandex has separated its cloud platform Yandex.Cloud into an independent business unit. The decision was taken on the back of the platform’s strong results in 2018-2020. Yandex.Cloud revenues have tripled since the start of the year.  More than 7,000 business customers currently use Yandex.Cloud for business development. The user base includes SMEs, large private companies and state-owned companies working in various segments of economy. Large… Source link

Yandex N.V. YNDX reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year. Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Notably,… Source link

Yandex N.V. (YNDX – Free Report) reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year. Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter. The reported revenue figure includes the consolidated… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board of… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board… Source link

For Immediate Release Chicago, IL – October 29, 2020 – Stocks in this week’s article are StoneCo Ltd. STNE, Las Vegas Sands Corp. LVS, Yandex N.V. YNDX and Illumina, Inc. ILMN. 4 Toxic Stocks You Need to Dump Right Now Investing success depends upon proper identification of overhyped toxic stocks and the correctly priced ones. However, spotting toxic stocks on time and discarding them to make profit is not an easy task. Overpriced toxic stocks are generally susceptible to external shocks…. Source link

Russian search engine Yandex said revenues for the third quarter rose 30 percent year-on-year to RUB 58.3 billion. The net income leaped 356 percent to RUB 21.9 billion while the adjusted net profit went up by 11 percent to RUB 7.6 billion, up by 11 percent.  The adjusted EBITDA lifted 8 percent to RUB 15.1 billion, with the margin going to 25.9 percent.  The group also announced financial results on a like-for-like basis, excluding Yandex.Market in 2019 and 2020. Here, revenues… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For investors, finding the right sign is part of the game. Stocks don’t necessarily pick themselves, and the investors who do pick them need to know that they’re making the right choice. Fortunately for investors – and the safety of their portfolios – there are reliable signals that a stock is worth buying. One of the best is the insider buying.Insiders are corporate officers, deeply invested in their company’s success or… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets are down, but not collapsing. Investors remain worried about the coronavirus, and Tuesday’s election remains up in the air. Uncertainty rules the day, exacerbated by recent market losses. Wall Street, however, expects that the bulls will start running again after next week’s results – who wins will be less important than having a result.In the meantime, market declines and low share prices make for a prime time… Source link

SCHIPHOL, Netherlands (AP) — Yandex NV (YNDX) on Wednesday reported third-quarter net income of $278 million. The Schiphol, Netherlands-based company said it had net income of 77 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share. The Russian search engine posted revenue of $732.1 million in the period. Yandex shares have increased 37% since the beginning of the year. The stock has risen 77% in the last 12 months. Copyright by Automated Insights, Inc. All… Source link