Articles by: Miroslav Marinoff

Boeing shares close higher on Thursday, company’s commercial airplane division “not competitive”, says CFO

According to a February 23rd statement by Greg Smith, Boeings Chief Financial Officer, the companys commercial airplane division is “not competitive” under the present tax legislation in the United States and it was in support of changes to that regime. Also on February 23rd, US Treasury Secretary Steven Mnuchin noted that the Trump administration was […] Read more

Tesla shares fall for the first time in three sessions on Wednesday, company reports a larger-than-expected quarterly loss

On February 22nd Tesla Motors Inc (TSLA) reported a wider-than-projected loss per share during the quarter ended on December 30th, despite strong sales and an increase in revenue. Tesla shares registered their first drop in the past three trading sessions on Wednesday. The stock went down 1.40% ($3.88) to $273.51, after touching an intraday low […] Read more

HP shares gain a third straight session on Wednesday, company’s quarterly revenue increases 3.6%

HP Incs (HPQ) total revenue was reported to have increased 3.6% year-on-year during the first quarter of fiscal year 2017, supported by a 10% growth in revenue from its PC business. HP shares closed higher for a third consecutive trading session on Wednesday. The stock went up 0.43% ($0.07) to $16.20, after touching an intraday […] Read more

Home Depot shares gain the most in a month on Tuesday, company’s quarterly EPS outstrip market expectations

Home Depot Incs (HD) fourth-quarter earnings per share topped market expectations, supported by strong same store sales in the United States. Home Depot shares registered their largest daily surge since January 23rd on Tuesday, while also marking their second consecutive session of gains. The stock went up 1.41% ($2.02) to $145.02, after touching an intraday […] Read more

Wal-Mart shares gain the most in nine months on Tuesday, retailer’s quarterly sales top expectations due to higher customer traffic

Wal-Mart Stores Incs comparable sales outstripped market expectations during the quarter ended on January 31st due to a more intense customer traffic. At the same time, customer activity on-line also accelerated. Wal-Mart shares registered their largest daily surge since May 19th 2016 on Tuesday, while also marking their fifth consecutive session of gains. The stock […] Read more

JP Morgan Chase shares drop a second straight session on Friday, JP Morgan Cazenove strategists support German equities over French market

In a research note from February 20th, equity strategists at JP Morgan Cazenove, which became a wholly-owned part of JP Morgan back in 2010, showed their preference of the German stock market over French equities, in part because of risks surrounding the presidential election in France. JP Morgan Chase shares closed lower for a second […] Read more

Amazon shares gain a third straight session on Friday, another logistics center to be opened in Poland this year

The largest on-line retailer worldwide Amazon.com Inc is to open a fifth logistics center in Poland during the present year, according to a February 20th statement by the company. The new center may help insulate the e-commerce giants business operations from the risk of almost incessant labor strikes in Polands neighbor, Germany. Amazon shares closed […] Read more

Citigroup shares fall a second straight session on Friday, CEO Corbat’s compensation reduced as financial targets not met

Citigroup Incs (C) board was reported to have reduced Chief Executive Officer Michael Corbats compensation by 6% in 2016, as the holdings financial objectives had not been accomplished. Corbats previous compensation package was not approved by one-third of the banks voting shareholders. Citigroup shares closed lower for a second straight session on Friday. The stock […] Read more

Wells Fargo shares retreat a second straight session on Friday, retail trends seen as “relatively stable” in January

According to a February 17th statement by a representative from Wells Fargo & Company (WFC), “relatively stable” trends in branch banking were observed in January. Although there has been a drop in customer branch interactions, other key indicators have shown a rather positive tendency. Wells Fargo shares closed lower for a second straight session on […] Read more