Articles by: Miroslav Marinoff
Miroslav Marinoff, a news editor at Binary Tribune, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market and the US Stock Market.

Dana shares gain the most in six weeks on Thursday, share buyback program extended through December 2021

December 13, 2019 10:14 am
Dana shares gain the most in six weeks on Thursday, share buyback program extended through December 2021

Dana Inc (DAN) said on Thursday that the extension of its share repurchase program through December 31st 2021 had been authorized by the Board of Directors. Shares of Dana Inc closed higher for a second consecutive trading session in New York on Thursday. It has also been the sharpest daily […]

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General Electric shares gain the most in five weeks on Thursday, UBS assigns “Buy” rating on the stock, expects rebound next year

8:22 am
General Electric shares gain the most in five weeks on Thursday, UBS assigns “Buy” rating on the stock, expects rebound next year

A new analyst at UBS assigned a “Buy” rating on General Electric Company (GE), as he expected “the stock narrative to change from significant cash drag to successful transformation.” The new rating is an upgrade from “Neutral”, which was assigned by previous analyst. UBS also raised its 12-month price target […]

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Facebook shares close higher on Wednesday, company drops out of Glassdoor’s top 10 places to work

December 12, 2019 10:23 am
Facebook shares close higher on Wednesday, company drops out of Glassdoor’s top 10 places to work

Facebook Inc (FB) is no longer among the top 10 places to work, according to Glassdoor. The company is now 23rd on a list of “Best Places to Work” in 2020, after being 7th in the preceding year. Facebook has faced heightened regulatory scrutiny over how it handles user data, […]

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Tesla shares gain for a fourth straight session on Wednesday, 500 000 electric vehicles to be manufactured annually at new facility near Berlin, Bild reports

8:16 am
Tesla shares gain for a fourth straight session on Wednesday, 500 000 electric vehicles to be manufactured annually at new facility near Berlin, Bild reports

According to a report by Germany’s Bild newspaper on Wednesday, Tesla Inc (TSLA) intends to manufacture as many as 500 000 electric vehicles per year at a new facility located on the outskirts of Berlin. Tesla shares closed higher for a fourth consecutive trading session on NASDAQ on Wednesday. The […]

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Dollar General shares close lower on Tuesday, company to offer CBD cosmetic products in some stores in Tennessee and Kentucky

December 11, 2019 10:16 am
Dollar General shares close lower on Tuesday, company to offer CBD cosmetic products in some stores in Tennessee and Kentucky

Dollar General Corp (DG) announced on Tuesday that cannabidiol (CBD) cosmetic products would now be offered in over 1 000 of its stores in Tennessee and Kentucky amid increasing demand for such products. Dollar General shares closed lower for the seventh time in the past ten trading sessions in New […]

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Morgan Stanley shares close slightly higher on Tuesday, bank fined by France’s AMF over bond price manipulation

7:43 am
Morgan Stanley shares close slightly higher on Tuesday, bank fined by France’s AMF over bond price manipulation

France’s Autorité des marchés financiers (AMF) announced on Tuesday that it had imposed a fine of EUR 20 million ($22.16 million*) on Morgan Stanley (MS), as the Wall Street bank allegedly manipulated prices of sovereign bonds. The regulator said Morgan Stanley had manipulated prices of French and Belgian bonds in […]

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Macy’s shares hit a two-week low on Monday, stock downgraded to “Sell” at Goldman Sachs

December 10, 2019 10:12 am
Macy’s shares hit a two-week low on Monday, stock downgraded to “Sell” at Goldman Sachs

Goldman Sachs on Monday revised down its rating on Macy’s Inc (M) from “Neutral” to “Sell”, after the department store operator cut its full-year comparable sales and adjusted earnings forecasts. Goldman also cited “significant additional downside” to Macy’s operations, which could hamper its ability to reduce costs. The bank slashed […]

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Microsoft shares close lower on Monday, tech giant continues working on JEDI contract despite protest by Amazon

8:13 am
Microsoft shares close lower on Monday, tech giant continues working on JEDI contract despite protest by Amazon

In an interview with CNBC, Microsoft Corp’s President Brad Smith said that Amazon’s decision to protest the Pentagon’s Joint Enterprise Defense Infrastructure (JEDI) contract had not made Microsoft delay its work on the huge cloud computing deal. The US Department of Defense awarded the $10 billion JEDI contract to Microsoft […]

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Tesla shares gain the most in 2 1/2 weeks on Friday, Tesla vehicles manufactured in China to receive state subsidies

December 9, 2019 8:30 am
Tesla shares gain the most in 2 1/2 weeks on Friday, Tesla vehicles manufactured in China to receive state subsidies

Tesla Inc (TSLA) said last week that its Model 3 vehicles, manufactured in China, would receive government subsidies. The move is expected to help Tesla bolster its presence in the Chinese auto market. Tesla shares closed higher for the fifth time in the past ten trading sessions on NASDAQ on […]

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Dollar General shares gain the most in two weeks on Thursday, third-quarter comparable sales beat, full-year profit forecast revised up

December 6, 2019 9:34 am
Dollar General shares gain the most in two weeks on Thursday, third-quarter comparable sales beat, full-year profit forecast revised up

Dollar General Corp (DG) reported on Thursday its largest quarterly growth in comparable sales in almost five years. The company also revised up its full-year adjusted earnings forecast. Dollar General shares closed higher for a second consecutive trading session in New York on Thursday. It has also been the sharpest […]

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