Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Yandex Climbs to Five-Week High on Bank of America’s Buy Rating

Yandex NV, Russia’s most-used Internet search engine, jumped to the highest level in five weeks in New York after Bank of America Corp. recommended investors buy the stock.

The Hague, Netherlands-based company that is listed on the Nasdaq Stock Exchange, climbed 3.4 percent to $19.91 by 12:07 p.m. in New York, heading to the highest level since May 31.

Bank of America revised its earlier neutral recommendation on Yandex stock, according to an e-mailed report today.

“We expect strong second-quarter 2012 numbers from Yandex at the end of July -- giving investors some comfort on margins and top-line growth,” Mariya Kahn, an analyst at Bank of America in Singapore, wrote in the report.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.