06/01
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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.

Services sector Decliners: Lightinthebox Holding (NYSE:LITB), InterCloud Systems (NASDAQ:ICLD), Shutterstock (NYSE:SSTK), Corporate Resource Services (NASDAQ:CRRS), Gordmans Stores (NASDAQ:GMAN)

Chris Lewis03 mins

LightInTheBox Holding Co. Ltd-ADR (NYSE:LITB), which sells Chinese-made goods to customers overseas, sank 7.5 percent. It was the worst performer on the Bloomberg China-US Equity Index (HSCEI), which slid 1.3 percent to 107.13 in the steepest decline since April 25. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) stock performance was -6.42% in last session and finished the…

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Oil &Gas Stocks: ConocoPhillips (NYSE:COP), Total (NYSE:TOT), BP (NYSE:BP), Chevron Corporation (NYSE:CVX)

Chris Lewis02 mins

ConocoPhillips (NYSE:COP), the oil and gas company, built an online knowledge platform where employees pose questions and others provide answers. Baker and Bulkley say that the company has saved $100 million by this means of tapping employees’ knowledge. ConocoPhillips (NYSE:COP) stock performance was -0.35% in last session and finished the day at $86.10. Traded volume…

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Aon’s Q1 Growth Weaker Than Expected

Chris Lewis02 mins

Aon’s first-quarter results showed weaker-than-expected growth in HR Consulting. Overall, the company reported 2% growth in revenue and essentially no change in operating margins at 18.5%. The company reported adjusted operating income–net of restructuring charges and amortization of intangible assets–of $538 million, up about 2% from a year ago. Revenue growth slowed significantly within the…

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MeadWestvaco Joint Ventures Highlight Q3 Earnings Report

Chris Lewis02 mins

After reviewing MeadWestvaco’s third-quarter results and the pending land sale with Plum Creek Timber, analysts do not expect to materially change the fair value estimate of $34 per share. Starting with third-quarter results, solid performance from MWV’s Industrial and Specialty Chemicals divisions again offset persistent weakness in the Food and Beverage and the Home, Health,…

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Pengrowth Energy Struggles in the Second Quarter

Chris Lewis02 mins

Pengrowth Energy reported earnings after the market close Wednesday. Earnings and cash flow fell, and uncertainty over the sustainability of the dividend persisted. The firm is once again in the position of requiring additional divestitures or making a dividend cut within the upcoming year. The problem for Pengrowth is that the continued payment of the…

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Forward Air Posts Strong Revenue in Q3

Chris Lewis02 mins

Forward Air’s third-quarter consolidated revenue increased 18.5%. Excluding the addition of its new temperature-controlled operation, TQI, which was acquired in March, revenue was up 10%. The core airport-to-airport business grew 4% from last year, driven by solid 5.5% tonnage growth, partly offset by a 1% fall in total yield. Forward Air Solutions (the pooled distribution…

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