Articles by: Miroslav Marinoff

Twitter shares close lower on Tuesday, company facilitates tweet thread making

According to a statement by Twitter Inc (TWTR) on Tuesday, the addition of two buttons will make it easier for users to view and add new tweets on the same topic to already existing ones. This way Twitter users who stitch tweets together, an activity known as thread making, will no longer have to respond […] Read more

Ford shares close lower on Monday, vehicle sales in China shrink 8% year-on-year in November

Ford Motor Company (F) said it sold a total of 118 000 vehicles in China in November, or 8% fewer compared to November a year ago. At the same time, year-to-date sales were estimated to over 1 056 000 vehicles, or 6% fewer compared to the same period of 2016. Ford shares closed lower for […] Read more

Verizon shares gain for a second session in a row on Monday, company to sign a $2.25-billion five-year streaming deal with NFL

Verizon Communications Inc (VZ) intends to sign a five-year deal with the National Football League estimated at about $2.25 billion in order to provide streaming services to users via NFLs Yahoo and go90 platforms as well as its mobile app. Verizon shares closed higher for a second consecutive trading session on Monday. It has also […] Read more

PepsiCo shares slip for a second session in a row on Friday, company to move listing to NASDAQ after a 98-year association with NYSE

After a 98-year association with the New York Stock Exchange, PepsiCo Inc (PEP) reportedly intends to move its listing to tech-heavy NASDAQ. PepsiCo shares closed lower for a second consecutive trading session on Friday. The stock edged down 0.14% ($0.16) to $116.57, after touching an intraday low at $115.90, or a price level not seen […] Read more

Apple shares gain for a second session in a row on Friday, company in negotiations over Shazam acquisition

According to a source with knowledge of the matter, Apple Inc (AAPL) is currently in negotiations regarding the possible acquisition of music identification software provider Shazam Entertainment Ltd. A report by TechCrunch revealed that the tech giant could pay $400 million for Shazam, while a deal might emerge as early as this week. Apple shares […] Read more

Exxon Mobil shares rebound on Thursday, oil major did not pay any tax in Australia in fiscal 2016

According to a report by the Australian Taxation Office on Thursday, Exxon Mobil Corporation (XOM) did not pay any tax in the country during fiscal year 2016, regardless of the billions of dollars in income from operations on Australian soil it had reported. Exxon Mobil shares closed higher for the sixth time in the past […] Read more

Ford shares gain the most in a week on Thursday, a new self-driving vehicle technology to be tested next year

Ford Motor Company (F) is expected to initiate tests of its latest self-driving vehicle technology in 2018 in at least one city. On the other hand, Fords plan to initiate commercial production until 2021 has not been changed, the auto maker said in a statement on Thursday. Ford shares closed higher for the third time […] Read more

General Electric shares fall for a second session in a row on Wednesday, conglomerate to reduce its European workforce by 4 500

General Electric Company (GE) was reported to be considering a cut in its workforce across Europe. According to French newspaper Les Echos, 4 500 jobs are to be cut in Switzerland, Germany and the UK. The cuts are associated with businesses, which General Electric acquired from France’s Alstom two years ago. General Electric shares closed […] Read more

Home Depot shares fall for a second session in a row on Wednesday, company announces $15 billion in share buybacks

Yesterday Home Depot Inc (HD) disclosed a $15-billion share buyback program and $120 billion in targeted annual sales over the next three years, as the US largest home improvement chain seeks to speed up investment in stores, deliveries and employees. The new program is to replace a prior authorization of $15 billion, which Home Depot […] Read more

Goldman Sachs shares fall the most in three weeks on Tuesday, bank to hire 250 staff in Poland next year

According to a statement by Goldman Sachs Group Inc (GS) on Tuesday, the bank intends to hire 250 employees in Poland next year. The new hirings will encompass primarily back office roles such as treasury, human resources, risk management, operations and technology, which the bank does not consider necessary to locate in more expensive centres […] Read more