Articles by: Miroslav Marinoff

Starbucks shares close lower for a sixth straight session on Thursday, company faces criticism regarding its latest hiring decision

Starbucks Corporations plan to hire refugees, which the company announced last Sunday, has recently been criticized on social networks by some of its clients. Individuals were reported to have used #BoycottStarbucks in order to influence customers decision of visiting the retailers stores. Additionally, screen shots appeared, where users demonstrate how they are removing Starbucks Corps […] Read more

CEOs of American Airlines, United Continental and Delta Air request to meet with US Secretary of State Tillerson

Chief Executive Officers of the top three US airlines by passenger traffic have requested a meeting with US Secretary of State Rex Tillerson in order to discuss the matter that state-owned carriers in the Gulf are unfairly subsidized, which lowers flight prices and forces out rival companies on key routes. “We are writing to bring […] Read more

MetLife shares retreat a fifth straight session on Wednesday, insurer’s fourth-quarter operating profit falls short of expectations

MetLife Incs operating profit, excluding a $3.2 billion derivative loss, came below market expectations during the quarter ended on December 31st, dragged down by lower earnings in its retail unit in the United States and earnings in Latin America. MetLife shares closed lower for a fifth consecutive trading session on Wednesday. The stock edged down […] Read more

General Motors shares close lower on Wednesday, company plans a two-week furlough at Sao Jose dos Campos plant

According to a February 1st statement by the metalworkers union in Sao Jose dos Campos, Sao Paulo, Brazil, about 2 200 employees at a General Motors plant in the region will be given a two-week time off. The furlough is expected to begin on Monday, February 13th. General Motors shares registered their fourth loss in […] Read more

Amazon shares mark a third straight session of losses on Tuesday, company to invest $1.49 billion in air cargo hub

The worlds biggest on-line retailer Amazon.com Inc (AMZN) is said to make plans to invest $1.49 billion in the construction of a huge air cargo hub in northern Kentucky. According to state officials, a 50-year lease for approximately 900 acres of property from Cincinnati/Northern Kentucky International Airport has been agreed to. The new site would […] Read more

Bank of America shares retreat a third straight session on Tuesday, customer brokerage fees to be disclosed more plainly

According to a statement by Susan McCabe, the spokesperson for Bank of America Corporation (BAC), the holding is to disclose in a more plain manner the fees charged to customers of its Merrill Lynch wealth management business. This change is to concern an array of services, including ATM usage, trading commissions and investment advice and […] Read more

Twitter shares rise the most in nearly four weeks on Monday, the stock’s short selling eases

Investors holding short positions in Twitters stock seemed to have been closing their trades so far during the current month, with the share price rebounding after a nearly 30% drop during the past year. Twitter shares registered their largest daily surge since January 4th during Mondays session. The stock went up 2.23% ($0.37) to $16.94, […] Read more