Tag Archives: NasdaqYNDX

Yandex N.V. (NASDAQ:YNDX) has not been able to agree definitive transaction terms with the core shareholders of Tinkoff, and therefore, the parties have agreed to terminate discussions regarding an offer for 100% of the share capital of Tinkoff. Shares down -2.5% premarket. Press release Previously: Yandex +3.7% on reported $5.5B deal for Tinkoff bank (Sept. 22) Source link

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8. OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”). MOSCOW and AMSTERDAM, Oct. 16, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) (“Yandex,” “we” or the “Company”), one of… Source link

TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link

Yandex will increase its stake in the new company (Yandex SDG) to 73% and invest anadditional $150 million in its future development MOSCOW and AMSTERDAM, Sept. 04, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) and Uber today entered into agreements to spin off the self-driving vehicles business, Yandex Self Driving Group B.V. (“Yandex SDG”) from their ride-hailing and foodtech joint venture, MLU B.V. Following these transactions, Yandex SDG will be directly owned by… Source link

These days, Yandex’s (NASDAQ:YNDX) shares are trying to emulate the behavior of the US big tech stocks, which continue to soar no matter what. The problem, however, is that the rally went too far from the reality the company operates in today. The recent stock run would make sense for Yandex in pre-covid times, but now it’s really hard to justify a ridiculously high valuation of the company. On the other hand, if we look at Yandex through the lenses of a typical growth story where the public… Source link

Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 315%. And this is just one example of the epic gains achieved by some long term investors. Also pleasing for shareholders was the 51% gain in the last three months. The company reported its financial… Source link

Yandex (NASDAQ:YNDX) is a major Russian high-tech company. Its core product is a search engine that is one of the four most popular search engines in the world by requests. Yandex also offers taxi, food delivery, media, carsharing services, etc. Yandex accounts for 58.1% of the Russian online search market. Russian President Vladimir Putin made a statement on June 23, suggesting the introduction of tax concessions for Russian IT companies. The government is looking to reduce social insurance… Source link

Shares of Russian internet firm Yandex (NASDAQ:YNDX) are down 3% pre-market in U.S. trading despite beating Q2 estimates on the top and bottom line. Online ad revenue fell 15% Y/Y to RUB29.1M due to the coronavirus pandemic. Revenue from Yandex properties was down 11% (accounting for 49% of revenue), and ad network sales dropped 31% (10% of revenue.) The Taxi segment grew 42% Y/Y to account for 30% of total revenue, up nine percentage points on the year. The growth was primarily due to the… Source link

Yandex (NASDAQ:YNDX) is scheduled to announce Q2 earnings results on Tuesday, July 28th, before market open. The consensus EPS Estimate is $0.06 (-64.7% Y/Y) and the consensus Revenue Estimate is $579.08M (-11.8% Y/Y). Over the last 1 year, YNDX has beaten EPS estimates 25% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 3 downward. Revenue estimates have seen 1 upward revision and 1 downward. Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now… Source link