Articles by: Miroslav Marinoff

General Motors shares gain the most in six weeks on Tuesday, manufacturer strikes a deal with Argentine port operator

According to a March 28th statement by General Motors Company (GM), its unit General Motors Mercosur has struck a deal with the Argentine port operator Terminal Puerto Rosario, which would allow the company to import vehicles to the South American country. General Motors Mercosur includes GMs units in Brazil and Argentina. General Motors shares registered […] Read more

Alphabet shares gain for the first time in six sessions on Monday, ad boycott may deliver a several-hundred-million-dollar hit to the company

According to a note by a Wall Street investment company, advertiser boycott at YouTube may deliver a $750 million hit to the parent firm, Alphabet Inc (GOOGL). YouTube could see a 7.5% drop in its annual revenue, which is expected to be $10.2 billion in 2017, analysts at Nomura Instinet stated in a note to […] Read more

United Parcel shares retreat a second straight session on Friday, company held liable for cigarette shipments in New York

On March 24th United Parcel Service Inc (UPS) was found liable by a federal judge for the illegal shipment of hundreds of thousands of cartons of untaxed cigarettes in New York. United Parcel shares closed lower for a second consecutive trading session on Friday. The stock went down 0.57% ($0.60) to $105.05, after touching an […] Read more

AIG shares close lower on Friday, company executives meet analysts in an attempt to re-build trust

AIG executives were reported to have held a meeting with analysts in an attempt to re-build trust in the companys turnaround plan amid lack of clarity regarding the successor to CEO Peter Hancock. AIG shares closed lower on Friday, while marking their sixth loss in the past seven trading sessions. The stock went down 0.75% […] Read more

Ford shares close lower on Thursday, lower sales and higher investment activity to pressure company’s first-quarter earnings

Ford Motor Company (F) projects to earn less per share during the first quarter and to generate a lower pretax profit this year, as it spends more on commodities, warranties and investments, while at the same time, sales volumes decrease. Ford shares closed lower on Thursday, while also marking their fourth loss in the past […] Read more

Walt Disney shares gain a second straight session on Thursday, Bob Iger’s contract as CEO extended by 1 year

According to a March 23rd statement by Walt Disney, the companys board decided to extend the term of Bob Iger, Chairman and Chief Executive Officer, by 1 year amid ongoing search for a successor. Igers contract was extended until July 2nd 2019. Previously he announced his intention to step down in April 2015, but later […] Read more