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Stock Market & Financial Investment News

News Breaks
December 19, 2012
09:17 EDTYNDXYandex and Sberbank form joint venture for electronic money solutions
Yandex and Sberbank of Russia announced a strategic partnership in the area of e-money, through the establishment of a joint venture on the Yandex.Money platform. Yandex and Sberbank plan to be at the forefront of developing innovative online retail payment solutions by combining Sberbank's banking expertise and Yandex's internet technologies. Sberbank and Yandex will form a joint venture through the acquisition by Sberbank of a 75% interest in the charter capital of Yandex.Money for $60M, with Yandex retaining a blocking interest in the JV.
News For YNDX From The Last 14 Days
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April 16, 2014
13:03 EDTYNDXYandex initiated with a Buy at Standpoint Research
Target $36.
April 9, 2014
13:19 EDTYNDXYandex volatility increases as shares near nine-month low into Q1
Yandex 4/25/14 weekly call option implied volatility is at 65, May is at 55, August is at 51; compared to its 26-week average of 45 according to Track Data, suggesting large near price movement into the expected release of Q1 results on April 24.

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