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Stock Market & Financial Investment News

News Breaks
March 5, 2014
09:16 EDTWIX, YNDXWix.com partners with Yandex in Russia
Wix.com (WIX) announced its partnership with Yandex.Money (YNDX) which will provide a local online payment system to Wix's users there. Through this partnership, Wix is now able to provide Russian users its powerful website development technology, supported by Yandex.Money's robust and popular online payment solutions. As Wix continues to expand into new geographies, the company is taking a strong local approach by not only translating its platform into other languages, but also by tailoring its payment solutions to the varying standards and practices of the different markets. By partnering with Yandex.Money and other leading local payment providers instead of relying solely on international credit card payments, Wix plans to accelerate its growth in key markets.
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July 23, 2014
06:36 EDTYNDXEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
06:29 EDTYNDXEU weighing new sanctions on Russia, NY Times says
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July 18, 2014
12:05 EDTYNDXStocks with call strike movement; FB YNDX
Facebook (FB) January 80 call option implied volatility decreased 3% to 36, Yandex (YNDX) January 37 call option implied volatility decreased 6% to 36 according to IVolatility.

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