Articles by: Miroslav Marinoff

Microsoft shares fall the most in five months on Wednesday, tech giant planning the reconstruction of its Redmond campus

Microsoft Corporation (MSFT) on Tuesday evening announced plans to reconstruct its renowned Redmond campus, which would allow space for 8 000 new employees. The project is expected to take 5 to 7 years to complete. Microsoft shares closed lower for the second time in the past seven trading sessions on Wednesday. It has also been […] Read more

Apple shares fall the most in six weeks on Wednesday, company files counter suit against Qualcomm over patent violation

Apple Inc was reported to have filed a counter suit against Qualcomm Inc on Wednesday, in which it claimed that Qualcomm’s Snapdragon mobile phone chips violated its patents. Snapdragon chips are used in a wide range of Android devices. Apple shares closed lower for a third consecutive trading session on Wednesday. It has also been […] Read more

BlackRock shares hit a fresh all-time high on Tuesday, company to acquire Citibanamex’s asset management unit

BlackRock Inc (BLK) is to acquire the asset management unit of Mexico’s Citibanamex, a statement by the worlds largest asset manager made clear. Under the agreement, BlackRock will be able to provide asset management solutions to customers of Citibanamex in Mexico. Citibanamex is a subsidiary of Citigroup Inc. BlackRock shares closed higher for a third […] Read more

Amazon shares close lower on Tuesday, company seen as “potential customer” by Textron aviation head

Amazon.com Inc is viewed as a “potential customer” amid continuing boom in e-commerce and rising demand for freight and transport, the head of Textron Incs aviation business said for CNBC yesterday. Amazon shares closed lower for the fourth time in the past eleven trading sessions on Tuesday. The stock edged down 0.19% ($2.23) to $1,193.60, […] Read more

Intel shares close lower on Monday, tech company extends partnership with GE Healthcare

Intel Corporation (INTC) reportedly extended partnership with GE Healthcare, which is aimed to improve patient care via cloud solutions. Both entities also intend to invest in the Joint Performance Acceleration Lab in Chicago, where a number of GE Healthcare Imaging hardware and software solutions are to be developed, tested and validated. Intel shares closed lower […] Read more

Apple shares close lower on Monday, UBS cuts forecast on iPhone sales, full-year 2018 earnings

UBS was reported to have revised down its forecast on Apples iPhone unit sales growth for 2018 to 10% from 12% previously. The group, on the other hand, maintained a “Buy” rating and a $190 price target for the stock. Apple shares closed lower for the first time in the past four trading sessions on […] Read more

JP Morgan Chase shares fall for a third session in a row on Friday, bank extends rented space in Frankfurt

JP Morgan Chase & Co (JPM) reportedly extended its rented office space in Germanys financial centre, Frankfurt, in a response to Britains exit from the EU. JP Morgan Chase shares closed lower for a third consecutive trading session on Friday. The stock edged down 0.32% ($0.32) to $98.32, after touching an intraday low at $98.26, […] Read more

Macy’s shares gain for a second session in a row on Friday, company faces credit card processing issues on Black Friday

According to Macy’s Inc (M), processing of payments via some credit and gift cards took more time than usual in the companys stores on Black Friday, a situation which led to a series of complaints by customers on Twitter. Most of the complaints cited faulty credit card machines in traditional stores as well as issues […] Read more

Fiat Chrysler shares edge up in Milan on Friday, 1 200 SUVs to be recalled in India

According to a statement by Fiat Chrysler Automobiles NV on Thursday, 1 200 Jeep Compass sports utility vehicles, sold in India, are to be recalled, so that the front passenger air bag can be replaced. As of 10:52 GMT on Friday the shares of Fiat Chrysler were gaining 0.13% (EUR 0.020) on the day to […] Read more

Amazon shares gain for a second session in a row on Wednesday, company employees at Italian hub, German warehouses to go on strike today

Personnel at Amazon.com Incs (AMZN) main hub in Italy intend to go on strike for the first time ever on Friday along with workers at six Amazon warehouses in Germany, according to trade unions. Amazon shares closed higher for a second consecutive trading session on Wednesday. It has also been the sharpest daily surge since […] Read more