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

Trader’s Recap: Itau Unibanco Holding (NYSE:ITUB), Trio-Tech International (NYSEMKT:TRT), The Phoenix Companies Inc. (NYSE:PNX), Sirius XM (NASDAQ:SIRI), NextEra Energy Partners (NYSE:NEP)

Brazil’s Itau Unibanco Holding SA (ADR) (NYSE:ITUB) will walk away from its deal to merge with Chile’s CorpBanca if it is forced to carry out a tender offer, but does not see that as a likely outcome, a senior Itau executive told a local paper. The $3.7 billion deal, Latin America’s largest banking merger since 2008, was agreed in January, but U.S. activist investor Cartica … Continue reading Trader’s Recap: Itau Unibanco Holding (NYSE:ITUB), Trio-Tech International (NYSEMKT:TRT), The Phoenix Companies Inc. (NYSE:PNX), Sirius XM (NASDAQ:SIRI), NextEra Energy Partners (NYSE:NEP)

Chris Lewis
Finance

Market Movers: JD.com, Inc. (NASDAQ:JD), Nektar Therapeutics (NASDAQ:NKTR), Teradata Corporation (NYSE:TDC), Sealed Air Corporation (NYSE:SEE), Cedar Fair, L.P. (NYSE:FUN)

JD.com Inc. (NASDAQ:JD) sank the most yesterday since its U.S. debut after Asia’s second-largest e-commerce operator provided a fourth-quarter sales forecast that fell short of investors’ heightened expectations. JD.com, Inc. (NASDAQ:JD) belongs to Technology sector. Its net profit margin is -11.90% and weekly performance is -4.76%. On last trading day company shares ended up $25.00. JD.com, Inc. (NASDAQ:JD) distance from 50-day simple moving average (SMA50) … Continue reading Market Movers: JD.com, Inc. (NASDAQ:JD), Nektar Therapeutics (NASDAQ:NKTR), Teradata Corporation (NYSE:TDC), Sealed Air Corporation (NYSE:SEE), Cedar Fair, L.P. (NYSE:FUN)

Chris Lewis
Finance

Trader’s Recap: RF Micro Devices Inc. (NASDAQ:RFMD), DryShips, Inc. (NASDAQ:DRYS), The Andersons, Inc. (NASDAQ:ANDE), Summit State Bank (NASDAQ:SSBI), Potash Corp. (NYSE:POT)

RF Micro Devices Inc. (NASDAQ:RFMD)’s VP James D. Stilson sold 19,312 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $13.65, for a total value of $263,608.80. RF Micro Devices Inc. (NASDAQ:RFMD) belongs to Technology sector. Its net profit margin is 8.80% and weekly performance is 2.57%. … Continue reading Trader’s Recap: RF Micro Devices Inc. (NASDAQ:RFMD), DryShips, Inc. (NASDAQ:DRYS), The Andersons, Inc. (NASDAQ:ANDE), Summit State Bank (NASDAQ:SSBI), Potash Corp. (NYSE:POT)

Chris Lewis
Finance

Big Movers: Occidental Petroleum Corporation (NYSE:OXY), Eldorado Gold Corp. (NYSE:EGO), General Finance Corporation (NASDAQ:GFN), Hanwha Solarone Co Ltd (NASDAQ:HSOL), ARM Holdings (NASDAQ:ARMH)

On Nov 06, Occidental Petroleum Corp. (NYSE:OXY), which recently moved its headquarters to Houston, will sell a 50 percent interest in BridgeTex Pipeline Company LLC to Houston-based Plains All American Pipeline LP (NYSE: PAA) for more than $1 billion. Occidental Petroleum Corporation (NYSE:OXY) belongs to Basic Materials sector. Its net profit margin is 28.60% and weekly performance is 4.44%. On last trading day company shares … Continue reading Big Movers: Occidental Petroleum Corporation (NYSE:OXY), Eldorado Gold Corp. (NYSE:EGO), General Finance Corporation (NASDAQ:GFN), Hanwha Solarone Co Ltd (NASDAQ:HSOL), ARM Holdings (NASDAQ:ARMH)

Chris Lewis
Finance

5 Stocks Under Wall Street’s Radar: Schlumberger Limited (NYSE:SLB), Fairchild Semiconductor International Inc. (NASDAQ:FCS), New York & Company Inc. (NYSE:NWY), RRMS, ALU

Schlumberger Limited. (NYSE:SLB) last posted its quarterly earnings results on Thursday, October 16th. The company reported $1.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.47 by $0.02. The company had revenue of $12.60 billion for the quarter, compared to the consensus estimate of $12.65 billion. During the same quarter in the prior year, the company posted $1.29 earnings per share. The … Continue reading 5 Stocks Under Wall Street’s Radar: Schlumberger Limited (NYSE:SLB), Fairchild Semiconductor International Inc. (NASDAQ:FCS), New York & Company Inc. (NYSE:NWY), RRMS, ALU

Chris Lewis
Finance

Investors Are Watching: EMC Corporation (NYSE:EMC), Cliffs Natural Resources Inc. (NYSE:CLF), Sanderson Farms, Inc. (NASDAQ:SAFM), Albany Molecular Research Inc. (NASDAQ:AMRI), PAA

On Oct 28, Spanning Cloud Apps, Inc., the most trusted provider of data backup and recovery for cloud applications, today announced that it has been acquired by EMC Corporation (NYSE:EMC). The company will continue to operate under the Spanning® Cloud Apps brand in Austin, Texas and will be the foundation of EMC’s “born-in-the-cloud” data protection strategy in its Core Technologies Division. Terms of the acquisition … Continue reading Investors Are Watching: EMC Corporation (NYSE:EMC), Cliffs Natural Resources Inc. (NYSE:CLF), Sanderson Farms, Inc. (NASDAQ:SAFM), Albany Molecular Research Inc. (NASDAQ:AMRI), PAA

Chris Lewis