Saturday 27 July 2013

Co-founder in coma, Yandex stock soars on Nasdaq | Russia Beyond The Headlines

Co-founder in coma, Yandex stock soars on Nasdaq | Russia Beyond The Headlines:

"Yandex shares rallied by as much as 3.6 percent on the Nasdaq, closing at $31.98 on Thursday, July 25.
In a report released the same day, Yandex reported that its second-quarter 2013 net income had increased 47 percent to 2.9 billion rubles ($88.7 million).
The company also upgraded its revenue guidance through the end of this year.
Yandex now expects a 34-38 percent increase in full-year revenues, up from the 30-35 percent it projected at the beginning of this year."

'via Blog this'

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