finally russia stop search engine yandex has been listed on stuck in new york the one billion dollars i.p.o. is five times oversubscribed so much so they've increased price range to twenty four twenty five dollars per share growth from communications russia believes up before my last year's successful debut of male dogs are you. and they are overpriced it was heavily oversubscribed price of the top of the range as i recall it will be a difficult performance to match i don't say it's impossible i mean basis for saying that it's if you look not just in russia or among reference stocks but what's happening globally in the internet space you had linked in that listed and when shot up one hundred nine percent in frustrated trading in terms of the overall atmosphere it's that means that you have axes is going to be listing in an even more positive atmosphere in the internet space demand is clearly strong and so i think that your ex has a good opportunity to perform very well. ok that's the latest now join me less than one else type for business stories santa if you're willing to get more ri

of yandex explains what the company will spend their money on. not so much money into the company as of the. existing shareholders. for the company of course we continue to. use small companies take a look at the markets now prove prices are edging lower as the u.s. dollar is strengthening during the asian trading hours and this is a closely watch. u.s. inventory report on oil and other energy products to be issued later today across asia japanese stocks are trading in the red some tech majors are lower after overnight losses on wall street but also makers are advancing on a weak you again in hong kong shares a losing ground with worries about chinese economic growth rang on banks and results stocks and here in moscow trading will start in around two hours time both the r.t.s. and the my six closed in the black on tuesday energy majors were in the lead supported by stronger commodity prices. russian markets are rebounding from the massive hit they've taken in the last month role in national capital says the i.p.o. of your next and positive u.s. d

russia's top search engine yandex has been valued at up to seven billion dollars ahead of its upcoming i.p.o. in new york the company is offering sixteen percent of its shares with the hope of raising a billion dollars yandex says it's ready to sell an additional one hundred fourteen million dollars of the shares if the listing is successful. russian him because of may be about to sell his controlling stake in electricity company quanta reported deal estimated around eight hundred fifty million dollars could be finalized this summer with state energy giant into role as the most likely buyer analysts say the timing for this is not ideal. shares have fallen in value one hundred million dollars since he bought them three years ago while top nickel mana norilsk nickel is set to take place take place in the global top five of course produces the company is to build a new plant in indonesia with a capacity of up to four hundred thousand tonnes a year that would allow in the cold for more than double its total copper output it's aiming to the vis diversify its production and hopes to benefit

of yandex live from mystic. and that's all business for now will have now for you in just under a house time stay with us for news headlines next. in the. wealthy british style. sometimes it's classified. market finance come to. find out what's really happening to the global economy with mike's culture for a no holds barred look at the global financial headlines tune in to cause a report. the. man in the motion movie soon which bryson confusing moon about song from phones to impressions. moves from stunts on t.v. don't come. download the official t. have occasion to i phone or ipod touch from the i.q. exam still. john see life on the go. video on demand r.t.s. mind broadcasts and r.s.s. feeds now in the palm of your. question on the dot com.

of yandex and positive u.s. data could help russian equity reverse earlier losses. good numbers coming out of the u.s. and i think i provide a little bit of confidence. brilliantly and therefore it's quite a good outlook for the obvious today on wednesday so i would imagine that we're going to see you can see with continuation of the of the bounce from story on tuesday. you know it's going to be a broad based rally generally speaking markets are still going to be focused on what's happening in europe is this contagion going to spread outside of greece and portugal and ireland towards some of the really poor countries not just anybody mislead people talking about right now so i think that's really where the risk is in general russia tends to be more volatile oil than almost anywhere else so if we see volatility in europe i'm afraid you're going to see increased volatility in russia belarus has pledged to sell seven point five billion dollars worth of state assets over the next three years according to russian finance minister alexey who didn't russian companies are e

range to twenty four twenty five dollars for sharon but well from communications russia believes yandex could after form last year a successful debut of male dogs are you. male or overpriced it was heavily oversubscribed price at the top of the range as i recall it will be a difficult for me to match i don't say it's possible i mean and my basis for saying that is that if you look not just in russia and i'm directing stocks but what's happening globally in the internet space you had linked in that listed one shot up one hundred nine percent in the first day of trading in terms of the overall atmosphere it's that means that yandex is is going to be listing in an even more positive atmosphere in the internet space demand is clearly strong and so i think that you have access a great opportunity to perform very well russian oil experts say iraq production might not be enough to start rising prices gas from the left has started developing a new world building this to iraq but this new production along with that of other international companies is unlikely to stem the number to call. we have

which is up about five percent in the wake of yandex having announced the terms of its i.p.o. the valuation yandex implies it's going public between thirty five and thirty seven times earnings making a meal don't rule by comparison which treats twenty two times earnings look very cheap on the losing side in the market today we see weakness in retail or make meat which is down about two and a half percent head of its release of first quarter our progress results tomorrow with many investors concerned about margins given the big increase in payroll taxes higher transportation costs and also given concerns about the company's ability to pass along price inflation to its customer base. and that's all of the business news for now remember you can always keep up to date on line that. last business stay with us but i want to use just a moment. for some this is just a parliament building in berlin. once again sixty six years ago it was the final targets. and the last major offensive for the red army. its capture became the symbol of the fall of the fascists sitting down. and the victo

in about four hours time all eyes of course will be our new york to see how russian search engine yandex will perform and what's to be the world's largest technology i.p.o. for this year so an interesting business news next certainly is going to and will be seeing you in about twelve or thirteen minutes. but russian authorities are stepping up the war on drugs in the country but for some at the speed of progress just isn't fast enough now activists are taking the fight into their own hands but it's lining some of them in trouble with the law that is maria for national reports . kate said all is fair in love and war and perhaps even more say in the war on drugs drugs that killed two point five million people every year across the globe and almost three hundred fifty men women and youngsters every day in russia and some of their own introversion the battle against the threat pays its customers they arranged to meet alleged drug dealers and once they have satisfied as suspect is a drug pusher they serve them a black mark and leave them red faced. people have to know their enemies would be q

russian search engine yandex unseated linkedin with a $1.3 billion debut on the new york stock exchange. chrysler took a big step in restoring its status with a $7 of 6 repayment of bailout loans. meanwhile, the u.s. unloaded a big chunk of its stake in bailed out insurer aig, $8.7 billion worth, including a small profit. >>> finally, the newly crowned duchess of cambridge is officially a hot commodity. but command for the $285 beige dress kate wore to greet the obamas at buckingham palace yesterday crashed the designer's website. it is a fantastic dress. >>> coming up, the canadian team will have a chance to win the cup. a walk-off homer for the os and a ninth inning come back in the bronx. >>> plus, lebron outpaced the man who replaced him as the league's mvp. your early morning sports headlines are straight ahead. >>> once again, possible tornados in the middle of the country are stealing all the headlines. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." in sports, last night, lebron james played some defen

russian internet search engine yandex started at 25. freescale semiconductor is once again a publicly traded company. it came public at 18 per share. canadian energy firm lone pine resources began at 13. and spirit airlines cut its i.p.o. price to 12. and that's tonight's market focus. >> suzanne: break out the fertilizer and weed killer. spring is here and summer is on the way. for more than 30 years spring green lawn care corporation has been helping homeowners keep their yards lush and dandelion- free. for most of that time, the hofer family has been at the helm. in tonight's all in the family segment, diane eastabrook says treating franchisees like family is spring green's green thumb. >> reporter: franchisees are the face of spring green lawn care corporation. and company chairman tom hofer can tell you something about each one. the pictures of all 75 franchisees grace a wall at spring green's headquarters outside chicago. >> jim richards has been with us a long time. his brother-in-law actually bought a spring green franchise in 1

s of the year has kicked off with roaring success shares and russia's most popular search engine yandex has sold fifty five percent on the nasdaq debut as many call it the google of russia priced at start initially at twenty five dollars per share. seventeen times oversubscribed the company's stock trades one point three billion dollars that makes it the biggest internet i.p.o. since google back in two thousand and four the timing could hardly be better as there is a growing interest in internet stocks as seen by the successful share float of linked in and russian males are you earlier this year the c.e.o. of your index explains what my company will spend the money on. so much more into the. system through hoops. for the company of course we continue. to have a look at the markets food prices are edging lower as the u.s. dollar is strengthening during asian trading hours investors are closely watching the u.s. infantry report on oil and other energy products to be issued later today across asia japanese stocks are trading in the range some take measures are low after overnight losses on

in the wake of yandex having announced the terms of its i.p.o. the valuation. implies that it's going public between thirty five and thirty seven times earnings me being ruled by comparison with st so twenty two times earnings for very cheap on the losing side in the market today we see weakness in retail or made meat which is down about twenty percent of its release of first quarter results tomorrow with many investors concerned about margins given the big increase in payroll taxes higher transportation costs and also given concerns about the company's ability to pass along pollution to its customer base. russian billionaire mikail prokhorov maybe about to sell his controlling stake in electricity company cars that are over for the deal estimated at around eight hundred fifty million dollars could be finalized this summer with state energy into route as the most likely buyer analysts say the timing for the sell is not ideal as problem of shares have fallen in value by one hundred million dollars since he bought them three years ago. the world's top mart nickel

o's of the year has kicked off with roaring success shares of russia's most popular search engine yandex have sold fifty five percent on their nasdaq debut as many call it the google of russia priced its stock and literally at twenty five dollars a share seventeen times oversubscribed the company's stock raise one point three billion dollars that makes it the biggest internet ikea's since google back in two thousand and four the timing could hardly be better with interest growing in internet stocks as seen by the successful fairfax of linked in and russian melgar you earlier this year the c.e.o. of your index explains what the company will spend the money on. not so much more into the. system through all those. years of course we continue. looking at the markets now crude prices are continuing to fluctuate as the u.s. dollar strengthens with investors writing on the results of the us oil energy products with what expected later today european stocks are flat this hour on the heels of reeky u.s. and asian session investor sentiment is also backed by concerns of a possible greek default an

they are russian version of google so if you yandex that you'll find out that it's absolutely the same as google but everything is in russian girls with no one to get it's consistently beats google in its home market so again it's the rise up to one point three billion dollars prices but prices jers at the top of their range at about twenty twenty five dollars but that it's. highly likely if that happens that's going to be the biggest i.p.o. by an internet and internet stocks have been coming the hot dog tour again as demonstrated by a russian interests in the russian internet impressed me company mailed out are you . linked in you can it's because well many of the save the company is likely to encourage other russian companies to this you actually listed on the master who have more business in about ten minutes all right thanks very much for your block of offer of the business desk. well some international stories in brief for you this hour the european union has imposed sanctions on the syrian president bashar al assad in response to the crackdown and government demonstrations his as

infrastructure for growth prospects for the sake of last of course later today we'll also see how yandex performs in new york and this is tipped to be the world's largest technology i.p.o. of the year so it could be an exciting day here oh we're certainly keeping our fingers crossed there for the economy and looking forward to seeing here in the studio with more business news thanks very much. now russian authorities are stepping out of the war on drugs in the country but for some the speed of progress just isn't fast enough activists are taking the fight into their own hands got its landing some of them in trouble with the law however the vigilantes say and justify the means if it helps save lives are reports. it said all is fair in love and war and perhaps even more say in the war on drugs drugs that killed two point five million people every year cross the globe and almost two hundred fifty maimed women and youngsters every day in russia alone for some of fighting their own controversial battle against a threat payson his customers they arranged to meet alleged drug dealers and once t

in the wake of yandex having announced the terms of its i.p.o. the valuation index implies it's going public between thirty five and thirty seven times earnings making a meal don't rule by comparison which treats twenty two times earnings look very cheap on the losing side in the market today we see weakness in retail or make meat which is down about two percent of its release of first quarter i applaud arrest results tomorrow with many investors concerned about margins given the big increase in payroll taxes higher transportation costs and also given concerns about the company's ability to pass along simply ssion to its customer base. and that's all the business for this hour let me you can always keep up to date online column forward slash business but also you just on your house time. a cluster mission. and inside the container you have many many more bombs and you can have anywhere from dozens up to hundreds of them there's a huge market right now for battle area clearance because there are a lot of countries in the world that are contaminate

nine percent on the first day of trading in terms of the overall atmosphere it's that means that yandex is is going to be listening in an even more positive atmosphere in the internet space demand is clearly strong and so i think as a good opportunity to perform very well that wraps up the business boston new york to date now you can get most or a small website archly dot com slash business. culture is that so much of a given to huge musician are you trying to hide from them or when the arab awakening is often referred to as revolutions in the arab middle east there can be no doubt something in court is a nice feature. wealthy british style the sun comes up sometimes the tires on. the market why not come to. find out what's really happening to the global economy which might stronger for a no holds barred look of the global financial headlines tune into cars report on r t. more than a month. in one of the most extreme environments on the planet this is and large adults and people have to be aware that they're far away from civilization sean thomas discovers flight make sense article is s

percent in the wake of yandex having announced the terms of its i.p.o. the valuation index implies that it's going public had between thirty five and thirty seven times earnings romney being ruled by comparison i was treated said twenty two times earnings will very cheap on the losing side in the market today we see weakness in retail and make meat which is down about two and a half percent head of its release of first quarter i for us was also a tomorrow with many investors concerned about margins given the big increase in payroll taxes higher transportation costs and also given concerns about the company's ability to pass along full price inflation to its customer base. and that's all the business news for this hour and we'll have more for you in just under an hour's time. down the official. i pod touch from the accuser apps to. life on the. video on demand. my old girls. are assessed feeds now in the palm of your. question on the call.

that's what's going on at the moment i mean they're pushing hard to diversify manufacturing you know yandex a service company. but then in pharmaceuticals in the car industry we're having massive investment into that too so it's not as bad as it could be it's not as bad as it is for countries with small populations like norway like australia erica i go to you i think it's very interesting i've lived here for over twelve years and it was only during the great recession that the. ruble. i'm sorry going back going to inflation the inflation was under control for us for a short amount of time and now we go again high oil prices and the are you happy with management of the ruble peter the ruble is basically bouncing along we haven't i mean everybody's talking disease the only problem is that these requires a constantly strengthening ruble currency and the ruble is not constantly strengthening the the they did slightly think patients to the extent that all prices are pretty much a one way bet given the continued growth in consumption in asia and the fact that no moral has been made since the dino

russia's top search engine yandex has been valued at up to seven billion dollars ahead of its upcoming i.p.o. in new york the company is offering sixteen percent of its shares with the hope of raising a billion dollars a year and it says it's ready to sell an additional one hundred forty million dollars of the shares if the listing is successful. the world's top nickel mine that morris nickel is set to take a place in the global top five copper producers their company is to produce a new plant in indonesia with a capacity of up to four hundred thousand tonnes a year this would allow the world's nickel to more than double its total copper output it's aiming to diversify its production and hopes to benefit from a rise in copper prices the middle has jumped thirty five percent since the beginning of last year. well that's all the bases for now would have no business and just on her nasa. mission free i couldn't take three comes four charges free commitment free risk free. future free. some old free blogs just plug in video for your media projects a free meal john darche john tom.

are advised and of course in around six hours time all eyes will be on the russian internet company yandex to see how it performs and what's tipped to be the world's largest take knology i.p.o. of the year so in all of their interesting moments in business the heads. excellent thanks very much indeed for this and looking forward to seeing in the studio meantime russian authorities are stepping up the war on drugs in the country but for some the speed of progress just isn't fast enough now activists are taking a flight into their own hands but it's landing some of them in trouble with the law however the vigilantes say it ends justify the means it helps save lives are the national reports. it said all is fair in love and war and perhaps even more say in the war on drugs drugs that killed two point five million people every year across the globe and almost two hundred fifty men women and youngsters every day in russia alone some are fighting their own control virtual battle against the threat peyser as customers they arrange to meet alleged drug dealers and once they have satisfied this susp

of yandex live from their stake in the internet economy in russia could more than double in the next four years boston consulting group says it will grow from the current gunpoint six percent to three point seven percent of g.d.p. but the groups that ladislav the tangos says there are still a number of factors limiting development the good news is one point six percent if you can reduce that for the oil and gas pump one of which is a very substantial russia if you please for good is to become two percent two percent of more or less with an equally reasons green have to be it would go prevent this number from the hiring of the law a proportion of the e-commerce and what prevents e-commerce from developing is actually not the internet's great self but i truly the physical part of the problem will be economists with people don't trust agreements so the payment systems become people through growth so in a way rushes through his work to go. and use the yorkers big infrastructure of a purely political infrastructure but also physical infrastructure. let's have a look at the markets now oil

going to get to the airport and russian couple company i are going for london while search engine yandex will list on the nasdaq in new york next week however the recent track record. has not been great but several having to cancel due to low demand but blackwell from consultancy and communications russia says these are exceptions not the rule. i think the issue is less with the fundamental problem of the russian i.p.o. story in fact post-crisis a lot of the growth is back with average is much lower than it was some a lot of the fundamentals look good so perhaps in some of the recent cases it's more helpful to look at some of the specific company or industry issues that played a role in those particular deals apps in the case if you're a set what you have certainly seen over the last couple of years this investors have been less receptive to stories where the i.p.o.'s been driven by a strong growth primarily a secondary component was shareholders selling down and i think potentially in the reset case that may have played a role with russian helicopters was a very different story you had

this is a company called yandex. it had its ipo.ares on the website, which boy the way are the most popular  website in russia, skyrocketed and raised more money for a company in an ipo since google. laura, you think about it, a russian company ipo'ing on the nasdaq. if you're of a certain age, you can remember when russia was a communist country. >> i don't know what you're talking about. or if you know your history, i guess. >>> it's 5:57 right now. a lot more ahead. stick around. . navigating today's real estate market is complicated. you've seen the signs. that's why having the right real estate agent is more important than ever. at remax.com, you can find experts in short sales or bank-owned properties or commercial real estate, agents who can help speed up the process, no matter how intricate. and that's good news, whether you're trying to sell or hoping to buy. because the only sign you really want to see is "sold." nobody sells more real estate than re/max. visit remax.com today.

a company called yandex which had its ipo yesterday made more than a billion dollars for the company.figure. a russian company on the nasdaq. >>> all right, let's check in with bob redell. bob, i want to know, i had fun in redwood city but i want to go where we're going tomorrow. i hope you have a map. >> reporter: we do have our may around the bay map. we're back here at pdi dreamworks. don't forget "kung fu panda 2" opening tomorrow in time for memorial day weekend. i usually throw something at the map but i thought in favor of po i'd use my kung fu skills. wait a minute, i'm left-fooded. where did we hit? ah, nice, can you read that? >> berkeley i see an indentation. >> reporter: you should see me with a real person. then the police show up. we're going to berkeley tomorrow. >> you are a ninja! >> reporter: look out! he's scared. we've got cal berkeley there, you know, so i found this guy. he has made the remote control beetle. we're going to show you how it's done. we've got a bunch of other stuff. >> we've got to say goodbye. i am so sorry... let's just think of warm things...my