Yandex News

What to Look Out for

Wall Street expects a year-over-year decline in earnings on higher revenues when Yandex (YNDX) reports results for the quarter ended September 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 28, 2020, might help the stock move higher if these key numbers are… Source link

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Apple, Opera, and Yandex fix browser address bar spoofing bugs, but millions more still left vulnerable – TechCrunch

Year after year, phishing remains one of the most popular and effective ways for attackers to steal your passwords. As users, we’re mostly trained to spot the telltale signs of a phishing site, but most of us rely on carefully examining the web address in the browser’s address bar to make sure the site is legitimate. But even the browser’s anti-phishing features — often the last line of defense for a would-be phishing victim — aren’t perfect. Security researcher Rafay Baloch… Source link

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Yandex (NASDAQ:YNDX) Lowered to Buy at BidaskClub

Yandex (NASDAQ:YNDX) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Tuesday, BidAskClub reports. Several other equities research analysts also recently weighed in on the stock. TheStreet downgraded shares of Yandex from a “b+” rating to a “c+” rating in a research note on Tuesday, July 28th. Bank of America reduced their price objective on shares of Yandex from $76.00 to $71.50 and set a “neutral” rating on the stock… Source link

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Yandex and Tinkoff deal falls through

Russia-based search engine Yandex has announced that the acquisition of Tinkoff, worth USD 5.5 billion, has collapsed due to the parties having different views on the matter. Discussions over the potential tie-up, which would have increased competition for Russia’s lender Sberbank and smaller rivals in technology and banking, stalled less than four weeks after they were announced by Tinkoff parent TCS Group Holding. TCS said in a statement it had agreed with Yandex not to proceed… Source link

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Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff (Reuters)

Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … Source link

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Multi Billion Dollar Merger between Russian Tech Firm Yandex and Challenger Bank Tinkoff has been Scrapped

The recently proposed merger between Yandex, a major Russia-based tech firm, and banking challenger Tinkoff will not be finalized because the bank’s founder Oleg Tinkov has walked away from the deal. Tinkoff’s management confirmed that all negotiations between the two parties have now been “terminated, effective immediately.” Yandex and Tinkoff had previously reached an agreement “in principle” which would have led to the tech giant acquiring the challenger bank in a $5.5… Source link

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