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Stock Market & Financial Investment News

News Breaks
February 25, 2013
12:00 EDTNETENet Element rises 34%
Net Element is up 34%, or 68c, to $2.68
News For NETE From The Last 14 Days
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November 24, 2014
09:17 EDTNETENet Element's TOT Money signs financial agreement with Bank Otkritie
Net Element announces that its indirect Russian subsidiary, OOO TOT Money, has entered into a financing agreement with Bank Otkritie Financial, one of Russia's largest private listed banks. This financing is complementary to the company's Alfa-Bank factoring facility and provides additional flexibility and capacity to expand our presence in Russia's transactional services market. In conjunction with the Alfa-Bank factoring agreement, TOT Money will have approximately $15M of available credit to help fund its growth. Per the three-year Agreement, TOT Money will assign to Bank Otkritie its accounts receivable as security for financing in an aggregate amount of up to 200 million Russian rubles provided by Bank Otkritie to TOT Money.
November 13, 2014
18:43 EDTNETENet Element reports Q3 EPS (23c), may not compare to one estimate (2c)
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