The Yandex N.V. (YNDX) shares are trading at higher $51.72 and the avg recommendation for the stock is Moderate Buy. To add more color to this target, the company’s high over the last year is $51.99 and the low is $27.93. Over the last 52 weeks, YNDX is down -0.52% while the S&P 500 is down -0.87%. The catalyst for this interesting swing was the company’s recent earnings report. A Notable Earnings Report In the last quarter, YNDX reported a profit of $395.8 million. Yandex N.V. also saw… Source link
Read More »Russia’s Yandex Is Laying The Groundwork For Taking Greater Control Of Its Taxi Business
MOSCOW, RUSSIA – MARCH 03: Yellow Car ‘Yandex Taxi’ on the street in the city of Moscow, Russia on … [+] March 03, 2020. Russian multinational corporation, provide services as Internet-related products and services, including transportation, search and information services, eCommerce, navigation, mobile applications, and online advertising. Sefa Karacan / Anadolu Agency Anadolu Agency Having recently cut ties with Sberbank, Russian tech giant Yandex wants… Source link
Read More »Did Hedge Funds Make The Right Call On Yandex NV (YNDX)?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. We are almost done with the second quarter. Investors decided to bet on the economic… Source link
Read More »Yandex to Announce Second Quarter 2020 Financial Results on July 28th Nasdaq:YNDX
MOSCOW and AMSTERDAM, July 09, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced it will report its financial results for the quarter ended June 30, 2020, on Tuesday, July 28, 2020. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to review and discuss the Company’s results for the second quarter. Second Quarter 2020 Financial Results Conference Call Tuesday, July 28, 2020 … Source link
Read More »Yandex and Sberbank Finalize Divorce
Russian corporate giants Yandex and Sberbank finalized the terms of their long-awaited ‘divorce’ late June, in a major shake-up for the country’s technology, e-commerce and online payments scenes. The breakup came with tech goliath Yandex and Russia’s largest bank, state-controlled Sberbank, announcing an agreement “to reorganize their two joint ventures” — Yandex Market and Yandex Money. Yandex will get full ownership of e-commerce platform Yandex Market, while… Source link
Read More »Yandex Announces Closing of Public Offering and Concurrent Private Placement Nasdaq:YNDX
MOSCOW and AMSTERDAM, June 29, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) (“Yandex,” “we” or the “Company”), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced the closing of its previously announced public offering of 8,121,827 Class A shares. Prior to the closing, the underwriter exercised in full its option to purchase an additional 1,218,274 Class A shares, and accordingly the Company… Source link
Read More »Russia’s Yandex, seeking funds for growth, doubles new share offering
By Nadezhda Tsydenova and Olga Popova MOSCOW (Reuters) – Yandex <YNDX.O> has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth. Yandex, co-founded by its Chief Executive Arkady Volozh in the 1990s, grew from a search engine to provide everything from online taxi services to food delivery, cinemas and a market place. This week, Yandex moved to… Source link
Read More »Yandex to launch educational initiative center at North-Caucasus Federal University – Society & Culture
STAVROPOL, June 25. /TASS/. North-Caucasus Federal University (NCFU) and Yandex will open a joint educational initiatives center in the beginning of a new school year; the venter will focus on developing e-learning in Stavropol Region, the university’s press service told reporters on Thursday. “North-Caucasus Federal University is launching a center for educational initiatives NCFU-Yandex. NCFU and Yandex specialists are joining forces to develop and implement educational… Source link
Read More »PLP Architecture unveils new HQ design for Russian tech giant Yandex | News
anchor All images courtesy of PLP Architecture. PLP Architecture is designing a new “smart headquarters” for Yandex, the Russian tech qiant, in the Gagarinsky District of Moscow. The 170,000-square-meter campus will enable staff to have a singular space for work, recreation, and inspiration, according to the architects. The titanium-clad building… Source link
Read More »PLP Architecture unveils design for new Yandex HQ in Moscow
PLP Architecture is designing an innovative new smart headquarters for Yandex, the Russian technology giant, in the Gagarinsky District of Moscow. The inclusive, 170,000sqm campus will enable staff to have a healthy and sustainable place for seamless work and recreation, a space for inspiration and fun that will integrate technology with materiality to inspire new ideas and refined ways of working. The campus will be a striking yet sensitive addition to the city’s… Source link
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