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.

FedEx shares fall for a second straight session on Thursday, company to acquire Manton Air-Sea Pty Ltd

October 19, 2018 10:04 am
FedEx shares fall for a second straight session on Thursday, company to acquire Manton Air-Sea Pty Ltd

FedEx Corporation (FDX) said on Thursday that it intended to purchase Manton Air-Sea Pty Ltd, which provides a range of logistics services, including freight forwarding and customs brokerage solutions. Having its headquarters based in Sydney, Manton will become a subsidiary of the FedEx Trade Networks operating company. FedEx shares closed […]

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Blackstone shares close lower on Thursday, third-quarter earnings top estimates amid rising equity markets

7:10 am
Blackstone shares close lower on Thursday, third-quarter earnings top estimates amid rising equity markets

Blackstone’s quarterly earnings, reported on Thursday, outstripped Wall Street estimates, as the asset manager’s holdings were bolstered by rising equity markets. Blackstone shares closed lower for the first time in the past five trading sessions in New York on Thursday. It has also been the steepest daily loss since October […]

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Sprint shares gain for a second straight session on Wednesday, wireless carrier sells Pinsight Media to InMobi

October 18, 2018 8:10 am
Sprint shares gain for a second straight session on Wednesday, wireless carrier sells Pinsight Media to InMobi

US wireless carrier Sprint Corp (S) said on Wednesday that it had sold Pinsight Media, a mobile data and advertising firm which it established in 2012, to InMobi. The financial terms of the all-stock deal, however, remained undisclosed. Sprint shares closed higher for a second consecutive trading session in New […]

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Morgan Stanley shares gain the most in nearly two years on Tuesday, quarterly earnings top estimates as equity trading, equity underwriting support

October 17, 2018 9:20 am
Morgan Stanley shares gain the most in nearly two years on Tuesday, quarterly earnings top estimates as equity trading, equity underwriting support

Morgan Stanley’s (MS) quarterly earnings, reported on Tuesday, outstripped Wall Street estimates, supported by strong revenue growth in the lender’s equity trading and equity underwriting businesses. Morgan Stanley shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge […]

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Wells Fargo shares gain for a third straight session on Tuesday, bank to establish hub in Paris in line with Brexit strategy

7:11 am
Wells Fargo shares gain for a third straight session on Tuesday, bank to establish hub in Paris in line with Brexit strategy

According to an announcement by Wells Fargo & Company (WFC) on Tuesday, the bank has applied for an investment firm license in France, a move in line with its Brexit plan. Wells Fargo shares closed higher for a third consecutive trading session in New York on Tuesday. The stock went […]

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Bank of America shares close lower on Monday, quarterly earnings top expectations as loan growth, lower expenses support

October 16, 2018 9:25 am
Bank of America shares close lower on Monday, quarterly earnings top expectations as loan growth, lower expenses support

Bank of America Corp’s (BAC) quarterly earnings, reported on Monday, topped Wall Street estimates, supported by strong growth in loans as well as in net interest income. The US lender also benefited from lower operating expenses. Bank of America shares closed lower for the fifth time in the past nine […]

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Apple shares close lower on Monday, tech giant acquires Asaii, a music analytics start-up company

7:13 am
Apple shares close lower on Monday, tech giant acquires Asaii, a music analytics start-up company

According to a report by Axios over the weekend, citing sources with knowledge of the matter, Apple Inc (AAPL) has bought Asaii, a music analytics start-up firm, in a deal worth less than $100 million, as the tech giant seeks to enhance content recommendations to its music users. Apple shares […]

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Citigroup shares gain the most in three weeks on Friday, quarterly earnings top estimates driven by bond trading, consumer banking strength

October 15, 2018 9:05 am
Citigroup shares gain the most in three weeks on Friday, quarterly earnings top estimates driven by bond trading, consumer banking strength

Citigroup Inc’s (C) quarterly earnings, reported on Friday, outstripped Wall Street estimates, as the bank’s operating expenses dropped, while bond trading revenue and global consumer banking revenue rose. Citigroup shares closed higher for the sixth time in the past sixteen trading sessions in New York on Friday. It has also […]

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J.P. Morgan Chase shares fall for a fourth straight session on Friday as trading revenue shrinks, quarterly earnings beat on consumer banking strength

6:45 am
J.P. Morgan Chase shares fall for a fourth straight session on Friday as trading revenue shrinks, quarterly earnings beat on consumer banking strength

J.P. Morgan Chase & Co’s quarterly earnings, reported on Friday, topped Wall Street estimates, supported by higher net interest income and strong loan growth. However, J.P. Morgan’s quarterly trading revenue decreased. The Wall Street bank has benefited from the US tax code reform and a sound macroeconomic environment. J.P. Morgan […]

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Walmart shares fall for a second straight session on Thursday, retailer forms joint venture with Eko

October 12, 2018 10:00 am
Walmart shares fall for a second straight session on Thursday, retailer forms joint venture with Eko

According to a report by Reuters, citing a person familiar with the matter, Walmart Inc (WMT) intends to invest as much as $250 million in a joint venture with interactive video content developer Eko, as the retailer seeks to lure shoppers and improve customer engagement. Walmart shares closed lower for […]

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