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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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October 23, 2014
09:04 EDTYNDXOn The Fly: Pre-market Movers
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06:23 EDTYNDXYandex narrows FY14 revenue growth 27%-30%, consensus RUR$51.7B
06:22 EDTYNDXYandex reports tex-based advertising revenue accounted for 93% of Q3 revenue
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06:10 EDTYNDXYandex reports Q3 EPS adjusted net income RUR $3.9B or $99.4M
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October 17, 2014
12:01 EDTYNDXYandex volatility increases as shares trend lower into Q3 and revenue guidance
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