Tag Archives: Yandex

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

Shares of Yandex (NASDAQ:YNDX) moved higher by 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 11.54% over the past year to $0.23, which beat the estimate of $0.15. Revenue of $969,200,000 rose by 16.06% year over year, which beat the estimate of $921,180,000. Outlook Yandex hasn’t issued any earnings guidance for the time being. The upcoming fiscal year’s revenue expected to be between $4,129,000,000 and… Source link

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

Feb. 16, 2021Updated: Feb. 16, 2021 5:42 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported fourth-quarter net income of $11 million, after reporting a loss in the same period a year earlier. The Schiphol, Netherlands-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share. The Russian search engine posted revenue of $969.2 million… Source link

Feb. 16, 2021Updated: Feb. 16, 2021 3:42 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported fourth-quarter net income of $11 million, after reporting a loss in the same period a year earlier. The Schiphol, Netherlands-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share. The Russian search engine posted revenue of $969.2 million… Source link

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / February 16, 2021 / Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2020. Q4 2020 Financial Highlights 1,2 Q4 2020 consolidated financial results Adjusted net income of RUB6.3 billion ($85.4 million), up 17% compared with Q4 2019; adjusted net… Source link

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link