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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.
News For WIX;YNDX From The Last 14 Days
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August 28, 2014
06:04 EDTYNDXYandex volatility expected to move on Russian military invasion
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August 25, 2014
05:36 EDTYNDXYandex appoints CFO Shulgin as COO, Greg Abovsky promoted to CFO
Yandex announced changes in its senior management team. Alexander Shulgin, currently the group's CFO, has been appointed COO of Yandex's Russian business, effective September 1. In his new role, Shulgin will be the principal executive in charge of operations of Yandex's Russian business. Greg Abovsky will be promoted to CFO to replace Shulgin, also effective September 1. Abovsky joined Yandex as its vice president of Investor Relations in January 2013 and took on the additional role of VP of Corporate Development in October 2013.
August 21, 2014
09:33 EDTYNDXYandex downgraded to Neutral from Buy at Goldman
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