04/13
Headlines

Adam Keintzel

Adam Keintzel covers IT Systems & Networking. Prior to joining Tech Insider, he worked for technology firms in the Silicon Valley in engineering and business development roles. In both 2008 and 2009, he was included in The Wall Street Journal’s “Best on the Street” analyst rankings – Computers and Office Equipment. In 2009, he was designated as an Institutional Investor “Best Up and Comer” – IT Hardware.

Top News : Cisco Systems, Inc. (NASDAQ:CSCO), American International Group, Inc. (NYSE:AIG), Millennial Media Inc. (NYSE:MM), SeaChange International Inc. (NASDAQ:SEAC), Barrick Gold Corporation (NYSE:ABX)

Adam Keintzel03 mins

Networking giant Cisco Systems, Inc. (NASDAQ:CSCO), is said to be in the midst of a massing internal reorganization of its exchanging and routing-engineering units. Those two parts of the San Jose, Calif-based company occur to be the crown jewels of its many processes. Uncertainty about how reorganization may evolve prompted shares to drop in morning…

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Shining on Major News : Regions Financial Corporation (NYSE:RF), Altria Group Inc. (NYSE:MO), Alpha Natural Resources, Inc. (NYSE:ANR), SJW Corp. (NYSE:SJW), AIXG

Adam Keintzel03 mins

Regions Financial Corp (NYSE:RF) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.21 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.21. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year,…

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Today’s Hot List : GrubHub Inc. (NYSE:GRUB), Ford Motor Company (NYSE:F), General Employment Enterprises Inc. (NYSEMKT:JOB), Biocept, Inc. (NASDAQ:BIOC), BlackBerry Ltd (NASDAQ:BBRY)

Adam Keintzel02 mins

GrubHub Inc. (NYSE:GRUB), a Chicago-based EatStreet competitor, raised a higher-than-expected $192 million in April in an initial public offering. GrubHub at the time had about 28,800 restaurants in 600 cities, according to a filing with the U.S. Securities and Exchange Commission. The company in 2013 had revenue of $137.1 million, the filing said. GrubHub Inc….

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Stocks in Focus : LookSmart, Ltd. (NASDAQ:LOOK), SandRidge Energy, Inc. (NYSE:SD), Apple Inc. (NASDAQ:AAPL), Montage Technology Group Limited (NASDAQ:MONT), ImmunoGen, Inc. (NASDAQ:IMGN)

Adam Keintzel03 mins

LookSmart, Ltd. (NASDAQ:LOOK) gave back some of the gains it accumulated earlier when speculators moved in the stock following Facebook Inc (FB)’s launch of Atlas. The stock declined 10.2% to $2.20 Tuesday. Facebook announced the launching of Atlas, an online marketing service that allows brand to achieve targeted ads on the Web and mobile platforms….

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Stock Runners: ConocoPhillips (NYSE:COP), Talisman Energy Inc. (NYSE:TLM), Alcoa Inc. (NYSE:AA), General Motors Company (NYSE:GM), Advanced Micro Devices, Inc. (NYSE:AMD)

Adam Keintzel03 mins

New York-listed ConocoPhillips (NYSE:COP) has confirmed the start of oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. The project is expected to add approximately 60,000 barrels of oil equivalent per day to the company’s production volumes by 2017. The Gumusut-Kakap field is expected to contribute up to 25%…

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Watch List : American International Group (NYSE:AIG), GT Advanced Technologies (NASDAQ:GTAT), Hooker Furniture (NASDAQ:HOFT), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), MDC

Adam Keintzel03 mins

Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner’s comments came in testimony he provided in the trial of a lawsuit brought by Hank Greenberg, AIG’s top executive…

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