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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:24 EDTQIWIQIWI offering reduces overhang risk, says JPMorgan
JPMorgan says QIWI's 8M share offering at $43.99 per share significantly reduces the overhang risk on shares and should improve liquidity going forward. The firm, however, expects short-term weakness in the stock following the deal. JPMorgan notes that QIWI CEO is not selling any shares in the offering and remains the largest shareholder. The firm keeps an Overweight rating on the stock.
News For QIWI From The Last 14 Days
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August 18, 2015
06:03 EDTQIWIVisa and QIWI implement contactless payment technology
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August 14, 2015
10:12 EDTQIWIHigh option volume stocks
High option volume stocks: DAR WX AEGR NOC AMCC JWN QIWI TROX
09:50 EDTQIWIQIWI says officials investigating limited number of counterparties of company
QIWI said in a regulatory filing that on August 13, the company cooperated with law enforcement officials in connection with an investigation relating to a limited number of counterparties of QIWI. Part of this investigation was conducted at the Moscow offices of QIWI Group. QIWI Group regularly receives and handles enquiries from law enforcement agencies on a regular basis. "Cooperation with law enforcement agencies is one of the tasks of our company. We closely cooperate with them in matters that relate to uncovering fraud, illegal trading and other unlawful activities. This most recent occasion required us to provide certain additional information concerning our users, clients, partners and employees. While law enforcement officers were on site, the company and our payment services continued to operate normally," a representative of QIWI Group commented.

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