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Yandex NV (YNDX.OQ)

YNDX.OQ on NASDAQ Stock Exchange Global Select Market

21.31USD
27 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Yandex terminates agreement to buy its Moscow headquarters
Thursday, 8 Sep 2016 01:20am EDT 

Yandex NV says: Yandex has terminated the framework agreement entered into on Feb. 19, 2016, with Krasnaya Roza 1875 Limited, a Cypriot company, pursuant to which Yandex was to become the sole owner of the company which holds title to the office complex, Red Rose, in central Moscow that houses Yandex's Russian headquarters. . Yandex has opted to terminate the framework agreement because of changing market conditions. . The framework agreement allows for Yandex to terminate the framework agreement at any time prior to closing. . Yandex will reimburse Krasnaya Roza 1875 for certain fees and expense incurred in connection with the transaction, up to a maximum of 45 million roubles (around $700,000). .Yandex plans to remain at the Red Rose through the end of the lease term but may consider other options for when the lease term expires..  Full Article

Yandex terminates agreement to buy its Moscow headquarters
Wednesday, 7 Sep 2016 05:30pm EDT 

Yandex NV says: Yandex has terminated the framework agreement entered into on Feb. 19, 2016, with Krasnaya Roza 1875 Limited, a Cypriot company, pursuant to which Yandex was to become the sole owner of the company which holds title to the office complex, Red Rose, in central Moscow that houses Yandex's Russian headquarters. . Yandex has opted to terminate the framework agreement because of changing market conditions. . The framework agreement allows for Yandex to terminate the framework agreement at any time prior to closing. . Yandex will reimburse Krasnaya Roza 1875 for certain fees and expense incurred in connection with the transaction, up to a maximum of 45 million roubles (around $700,000). .Yandex plans to remain at the Red Rose through the end of the lease term but may consider other options for when the lease term expires..  Full Article

Russia's Yandex raises revenue growth forecast to 19-22 pсt in 2016
Thursday, 28 Jul 2016 06:00am EDT 

Yandex NV says: Raises 2016 revenue growth forecast to 19-22 percent from 15-19 percent seen previously; . Q2 revenues rise 30 percent year-on-year to 18 billion roubles ($271.6 million); . Q2 net income rises to 2.06 billion roubles from 423 million roubles in Q2 2015; . Q2 adjusted net income up 40 percent year-on-year at 3.9 billion roubles; .Q2 adjusted EBITDA up 40 percent year-on-year to 6.8 billion roubles..  Full Article

Yandex NV gives FY 2016 revenue guidance
Tuesday, 16 Feb 2016 06:00am EST 

Yandex NV:Expects ruble-based revenue to grow in range of 12% to 18% in FY 2016 compared with FY 2015.  Full Article

Yandex NV gives FY 2015 revenue guidance
Thursday, 30 Jul 2015 06:00am EDT 

Yandex NV:Expects FY 2015 revenue to grow in the range of 11% to 13% in 2015 compared with 2014.  Full Article

Yandex NV comments on Q2 2015 revenue guidance
Tuesday, 28 Apr 2015 06:00am EDT 

Yandex NV:Sees Q2 2015 revenue to grow in the range of 9 pct. to 12 pct. compared with Q2 2014.  Full Article

Yandex NV gives Q1 2015 revenue outlook above analysts' estimates
Wednesday, 18 Feb 2015 06:00am EST 

Yandex NV:Expects revenue to grow about 15 pct in Q1 2015.Reported revenue of 14.7 bln rubles in Q4 2014.Q1 2015 revenue of 12.7 bln rubles - Thomson Reuters I/B/E/S.  Full Article

Yandex NV raises low end of prior FY 2014 revenue outlook
Thursday, 23 Oct 2014 06:02am EDT 

Yandex NV:Now expects FY 2014 ruble-based revenue guidance and currently expect year-on-year revenue growth of 27 -30 pct.Reported revenue of 39.502 bln rubles in FY 2013.FY 2014 revenue of 51.695 bln rubles - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Yandex terminates agreement to buy its Moscow headquarters

* Yandex has terminated the framework agreement entered into on Feb. 19, 2016, with Krasnaya Roza 1875 Limited, a Cypriot company, pursuant to which Yandex was to become the sole owner of the company which holds title to the office complex, Red Rose, in central Moscow that houses Yandex's Russian headquarters.