Author: 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.
Stock Movers

Lihua (NASDAQ:LIWA) Up 3% in Pre-Market on 2014 Earnings Outlook

Shares in Lihua International (NASDAQ:LIWA) were up nearly 3% in recent pre-market trading on Monday after the electric components and equipment company said it expects year-over-year improvement of 3% to 6.6% in its non-GAAP earnings for 2014. Q4 2013 results, however, declined from last year. Sales for the quarter were $217.3 million, resulting in net income of $13.2 million, or $0.44 per share. Non-GAAP net … Continue reading Lihua (NASDAQ:LIWA) Up 3% in Pre-Market on 2014 Earnings Outlook

Adam Keintzel
Services Sector, Software

Vodafone (NASDAQ:VOD) Agrees to Buy Spanish Cable Operator Ono

The American Depositary Receipts of Vodafone (NASDAQ:VOD) edged up in recent pre-market trading on Monday after a Reuters report that said the British mobile communications company has agreed to buy Spanish cable operator Ono for $7.2 billion euros ($10 billion). Reuters said the acquisition will boost its portfolio of offerings by adding a combination of mobile and fixed-line telephony, pay-TV, and broadband. Vodafone (NASDAQ:VOD) was … Continue reading Vodafone (NASDAQ:VOD) Agrees to Buy Spanish Cable Operator Ono

Adam Keintzel
Diversified Tech

Diversified Computers: Hewlett-Packard Company (NYSE:HPQ), Diebold Inc (NYSE:DBD), Cray Inc. (NASDAQ:CRAY), Silicon Graphics International (NASDAQ:SGI)

Hewlett-Packard Co. (NYSE:HPQ)’s annual meeting. CEO Meg Whitman will make her presentation to investors following a year in which the company’s stock and bonds rallied as she stabilized its finances and operating performance. Hewlett-Packard Company (NYSE:HPQ) stock performance was 0.55% in last session and finished the day at $29.07. Traded volume was 8.12million shares in the last session and the average volume of the stock … Continue reading Diversified Computers: Hewlett-Packard Company (NYSE:HPQ), Diebold Inc (NYSE:DBD), Cray Inc. (NASDAQ:CRAY), Silicon Graphics International (NASDAQ:SGI)

Adam Keintzel
Tech IPO

Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Yahoo Inc. (NASDAQ:YHOO) shares are up between $38.40 and a high of $39.79 in early Monday pre-market trade after China-based Alibaba said it will hold its Initial Public Offering (IPO) in the U.S. The e-commerce company is reportedly in talks with about six banks to underwrite the IPO. The listing could bring in about $15 billion to the company, and it would be significant to … Continue reading Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Adam Keintzel
BioTech

Biotech Stocks Touching New Highs: BioSpecifics Technologies (NASDAQ:BSTC), NanoString Technologies (NASDAQ:NSTG), Celladon (NASDAQ:CLDN), Receptos (NASDAQ:RCPT)

BioSpecifics Technologies Corp. (NASDAQ:BSTC) released its earnings data on Thursday. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.08, Stock Ratings Network.com reports. BioSpecifics Technologies Corp. (NASDAQ:BSTC) stock performance was 1.56% in last session and finished the day at $26.72. Traded volume was 32,149.00 shares in the last session and the average volume of the stock … Continue reading Biotech Stocks Touching New Highs: BioSpecifics Technologies (NASDAQ:BSTC), NanoString Technologies (NASDAQ:NSTG), Celladon (NASDAQ:CLDN), Receptos (NASDAQ:RCPT)

Adam Keintzel
Analyst Actions

Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

On Wednesday, Wedbush downgraded Lowe’s Companies (NYSE:LOW) to Neutral from Outperform. The firm downgraded the stock because it believes a slowing housing market may pressure the company’s results more than expected.  Wedbush has reduced the price target to $50 from $60. Read more of the analyst’s thoughts below: We lower our rating on NYSE:LOW from OUTPERFORM to NEUTRAL and reducing our estimates based on our revised … Continue reading Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

Adam Keintzel