Aug 29. Investment fund Templeton has become a minority shareholder of VTB.

Finamrus com 29.08.2007 14:09
http://www.finamrus.com/newtopics/news03910/default.asp
Investment fund Templeton Russia and East European Fund, which specializes in investments in Russian and East European companies bought a small equity stake in VTB in Q207. As of June 30, 2007 Templeton owned 335,500 GDRs on VTB shares with an aggregate market value of $3.7 mln, Templeton said in a statement... More>

Aug 27. Svyazinvest shareholders will be able to give their stamp of approval to the holding's new charter at an EGM

Finamrus com 27.08.2007 13:04
http://www.finamrus.com/newtopics/news038E0/default.asp

Svyazinvest shareholders will be able to give their stamp of approval to the holding's new charter at an EGM which is scheduled for the second half of October, a source close to the holding's BoD told Interfax. As the same source added, at an August 28 AGM the holding's shareholders will elect a new BoD. At a next meeting the BoD will set the date for an EGM to approve the new edition of the charter that was coordinated among all interested ministries and agencies. As wired earlier, relevant ministries and agencies decided at a conciliatory meeting Friday to compile a negative directive for the approval of the new edition of Svyazinvest's charter.

Aug 24. So far, VTB has no plans to buy back its stocks to regulate their market value

Finamrus com 24.08.2007 13:09
http://www.finamrus.com/newtopics/news038D6/default.asp

Aug 24. So far, VTB has no plans to buy back its stocks to regulate their market value, the bank said in a press release. "At present, VTB has no plans to buy back its securities in order to regulate their market value" – the lender's press release said. Reports published by news agencies that VTB could start buying back its equities are at odds with the real state of affairs, the lending institution emphasized.

Aug 22. In petroleum market news, energy prices fell sharply on Tuesday as Hurricane Dean's winds diminished with little lasting impact on oil and gas

Finamrus com 22.08.2007 13:59
http://www.finamrus.com/newtopics/news038AD/default.asp
Light, sweet crude for September delivery shed $1.72 to $69.40 a barrel on NYMEX. Crude oil prices dropped below $70 a barrel Tuesday, and gasoline and natural gas prices also extended their sharp losses, with traders betting that demand is falling and supplies are safe. There are two more months of hurricane season left to go, though. For now, energy prices are on the decline, but if a storm comes along that disrupts the oil or natural gas production along the Gulf Coast, we could still see a rebound from the current 2-month lows. Furthermore, crude and gasoline traders are keeping an eye out for OPEC's next move... more>

Aug 20. Russian companies that mull going public this autumn will be unable to sell their stocks at the prices that their peers managed to enjoy this

Finamrus com 20.08.2007 13:09
http://www.finamrus.com/newtopics/news03891/default.asp

Russian companies that mull going public this autumn will be unable to sell their stocks at the prices that their peers managed to enjoy this spring, and IPO contenders will have to temper their appetite in the foreseeable future, investment bankers polled by Interfax-AFI believe. At the same time this does not mean that the string of IPOs slated for this autumn will not get off the ground, investment bankers noted.

Aug 17. Morgan Stanley upgrades Russian stocks to Outperform.

Finamrus com 17.08.2007 14:00
http://www.finamrus.com/newtopics/news03883/default.asp
Investors need to pick up Russian stocks, such as Mobile TeleSystems and Norilsk Nickel, as they have become cheaper compared to their EM peers, Morgan Stanley analysts believe, Bloomberg news agency reported... more...

Aug 10. VTB North West shares will be converted into VTB stocks at a 1:361 ratio.

Finamrus com 10.08.2007 18:41
http://www.finamrus.com/newtopics/news03833/default.asp