Author: Chris Lewis

Chris Lewis is Tech Insider's Senior Equity Research analyst covering Internet and Interactive Entertainment. Prior to joining TI in 2011, Chris spent six years at Baird Capital having established the company’s Internet and Video Game research practice. Prior to Wall Street, Chris was a business analyst developing software at Chubb Corporation, and was a co-founder and CFO of Latin American career services website Detacuche.com. Chris appears frequently in the financial and industry press, including CNBC, Bloomberg, CNN, Wall Street Journal, and Financial Times, among others.
Finance

Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Layne Christensen Company (NASDAQ:LAYN) was down 12.75% after reporting a Q1 net loss of $27.7 million, or $1.41 per share, compared with a prior-year net loss of $23.8 million, or $1.22 per share. The prior-year results included a $0.02 gain from discontinued operations. Analysts polled by Capital IQ were looking for a loss of $0.35 per share. Total revenue slid 16% to $191.2 million, missing … Continue reading Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Chris Lewis
Finance

Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

In company news, American depository shares of Brazilian energy giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) were moderately higher shortly ahead of Wednesday’s closing bell, joining in a rally for shares of several Brazilian companies after new poll results indicate a tightening race for the country’s president. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 2.52% in last session and finished the day at … Continue reading Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

Chris Lewis
business, Finance

Mid Cap Insider Buying: Noble Corp. (NYSE:NE), WPX Energy (NYSE:WPX), DSW (NYSE:DSW), Opko Health (NYSE:OPK), Seattle Genetics (NASDAQ:SGEN)

Noble Co. (NYSE:NE) CEO David W. Williams bought 10,000 shares of the stock on the open market in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $31.03 per share, with a total value of $310,300.00. Following the completion of the purchase, the chief executive officer now directly owns 390,282 shares of the company’s stock, valued at … Continue reading Mid Cap Insider Buying: Noble Corp. (NYSE:NE), WPX Energy (NYSE:WPX), DSW (NYSE:DSW), Opko Health (NYSE:OPK), Seattle Genetics (NASDAQ:SGEN)

Chris Lewis
Finance

Financial Sector Watch List: Bank of America Corp (NYSE:BAC), Regions Financial Corp (NYSE:RF), JPMorgan Chase (NYSE:JPM), KeyCorp (NYSE:KEY), Wells Fargo (NYSE:WFC)

Finally, analysts at Bank of America Corp (NYSE:BAC) reiterated a “neutral” rating on shares of PVH Corp in a research note on Friday, April 11th. They now have a $125.00 price target on the stock, up previously from $120.00. Bank of America Corp (NYSE:BAC) stock performance was 1.60% in last session and finished the day at $15.84. Traded volume was 78.65million shares in the last … Continue reading Financial Sector Watch List: Bank of America Corp (NYSE:BAC), Regions Financial Corp (NYSE:RF), JPMorgan Chase (NYSE:JPM), KeyCorp (NYSE:KEY), Wells Fargo (NYSE:WFC)

Chris Lewis
Finance

Stocks To Watch; Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD), Atmel Corporation (NASDAQ:ATML), Cypress Semiconductor (NASDAQ:CY), Freescale Semiconductor (NYSE:FSL)

Tizen In-Vehicle Infotainment (IVI) 3.0Tizen IVI 3.0 wasdisplayed in a pair of automotive demonstrations featuring a Chevrolet Corvette and a Land Rover SUV. Leading up to TDC, Intel Corporation (NASDAQ:INTC) announced its Intel In-Vehicle Solutions module, which is optimized to run Tizen IVI and is being used in development with several additional automotive manufactures. Intel Corporation (NASDAQ:INTC) stock performance was 0.22% in last session and … Continue reading Stocks To Watch; Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD), Atmel Corporation (NASDAQ:ATML), Cypress Semiconductor (NASDAQ:CY), Freescale Semiconductor (NYSE:FSL)

Chris Lewis
Finance

Services Sector Stocks: Delta Air Lines (NYSE:DAL), Dollar General Corp. (NYSE:DG), Comcast Corporation (NASDAQ:CMCSA), Michael Kors (NYSE:KORS), Pandora Media (NYSE:P)

Delta Airlines, Inc. (NYSE:DAL) passengers step off the first commercial flight to Juneau Thursday evening. A glitch in the enclosed ramp meant the passengers had to unload off a truck ramp instead. Delta Air Lines, Inc. (NYSE:DAL) stock performance was -0.32% in last session and finished the day at $40.14. Traded volume was 9.41million shares in the last session and the average volume of the … Continue reading Services Sector Stocks: Delta Air Lines (NYSE:DAL), Dollar General Corp. (NYSE:DG), Comcast Corporation (NASDAQ:CMCSA), Michael Kors (NYSE:KORS), Pandora Media (NYSE:P)

Chris Lewis