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.

Stock Movers

Dendreon (NASDAQ:DNDN) Shares Soar

Shares of Dendreon (NASDAQ:DNDN) gained 16% in late morning trade Monday as investors responded enthusiastically to the biotechnology company’s Q4 results and its announcement it will make its Provenge prostate-cancer treatment commercially available in Germany and the U.K. The company reported a narrower-than-expected Q4 adjusted loss on revenue that was above Street estimates and saw its stock trade at $3.34 with 14.1 million shares changing … Continue reading Dendreon (NASDAQ:DNDN) Shares Soar

Chris Lewis03/0303/03

Software, Stock Movers

Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

xG Technology, Inc. (NASDAQ:XGTI), a developer of wireless communications and spectrum sharing technologies, has been awarded a U.S. Patent for cognitive radio that will enable high-performance spectrum sharing. This patent, “Measurement Coordination for Dynamic Spectrum Access Measurements in a Time Division Duplex System”, is an important part of xG Technology, Inc. (NASDAQ:XGTI)’s Dynamic Spectrum Access (DSA) technology. It allows base stations to coordinate their measurements … Continue reading Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

Chris Lewis03/0303/03

Earnings, Stock Movers

Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)

Bunge Limited (NYSE:BG), a global agribusiness and food company, has declared a regular quarterly cash dividend of $0.30 per common share, payable June 2, 2014, to shareholders of record May 16, 2014. The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable June 1, 2014, to shareholders of record on May 15, 2014. Shares … Continue reading Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)

Chris Lewis02/2802/28

Stock Movers

Pre-Market Movers: Orient-Express Hotels Ltd. (NYSE:OEH), Kaman Corporation (NYSE:KAMN), Mattel, Inc. (NASDAQ:MAT)

Luxury hotel company Orient-Express Hotels Ltd. (NYSE:OEH) reported late on Thursday Q4 2013 adjusted net loss of $8.4 million, or $0.08 per share, compared to adjusted net loss of $9.8 million, or $0.10 per share, a year earlier. On average, analysts surveyed by Capital IQ had expected a loss of $0.04 per share. Revenue increased 9% year-over-year to $138 million from $126.5 million after hotels … Continue reading Pre-Market Movers: Orient-Express Hotels Ltd. (NYSE:OEH), Kaman Corporation (NYSE:KAMN), Mattel, Inc. (NASDAQ:MAT)

Chris Lewis02/2802/28

Analysis, Stock Movers

After-Hours Reports: Deckers (DECK) Guidance Disappoints, MercadoLibre (MELI) and Air Lease (AL) Top Expectations

Deckers (NASDAQ:DECK) declined in Thursday’s night trade after topping Q4 expectations but also issuing a weaker than expected view for Q1. DECK slumped to an early after-hours low of 68 before firming to still negative levels of 77.09 to 73.23 through the bulk of night trade. A pre-bell open Friday may have legs surrounding the 74 mark. A potential near-term ceiling level formed Thursday night … Continue reading After-Hours Reports: Deckers (DECK) Guidance Disappoints, MercadoLibre (MELI) and Air Lease (AL) Top Expectations

Chris Lewis02/2702/27

Earnings, Finance, Financial, news

Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)

American Depositary Receipts of Trina Solar Limited (NYSE: TSL) are up 0.1% in the pre-market session, as the solar-power products manufacturer reports a new EPC contract with Fresh Fruits Company, a food storage and logistics company in Amman, Jordan. TSL has been awarded the contract that calls for engineering, procurement, and construction services for a 2 MW rooftop solar power plant on Fresh Fruits’ stores … Continue reading Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)