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Mixed FY2011 results from Aeroflot

Yesterday Aeroflot (AFLT RX) released 2011 financials and held a meeting for analysts and investors.The company...

18.05.2012

FTS promises lower transportation tariff growth for independent producers

Media referred to FTS press-service, quoting that the department has suggested downgrade of gas transportation...

18.05.2012

Summa Group to acquire FESCO

Today Kommersant has reported Sergey Generalov negotiates sale of his 56% stake in FESCO (FESH RX) to Summa Group...

18.05.2012

Facebook debut holds value for Mail.ru

Facebook was valued at $104.2b during yesterday's IPO. Company raised $16b, pricing the shares at the top end of...

18.05.2012

RBC BoD sets placement price of additional share issue

RBC (RBCM RX) BoD set the placement price of additional share issue (16% of current share capital) at R20 ($0.65)...

18.05.2012

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RMG Weekly #873

The RTS Index lost a further 2.2% on Thursday-Friday, which were the only proper working days last week (the previous three days were national holidays, and trading on the working Saturday was insignificant). Local shares replicated negative global reaction to the results of presidential elections in France and parliamentary elections in Greece, and dividend record dates for Gazprom, MTS and Lukoil exerted more downward pressure. However, the Russian market showed little reaction to a surprise $2b loss by JPMorgan on derivatives, which mainly affected US banks.

14.05.2012

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