02/12
Headlines

Jason Knox

Jason Knox covers the Software & Services sector. A financial analyst for 20 years, Jason joined Tech Insider in 2006. Previously, he was an analyst with Cleary Gull Inc. and with Blunt, Ellis & Loewi, both in Milwaukee, Wisconsin. During his career, Jason has been named in The Wall Street Journal “All-Star Analysts’ Survey,” and highlighted as one of the NASDAQ-StarMine top analysts within the Internet Software & Services industry.

FB Nasdaq FB Facebook

Biotech Stocks Touching New Highs: Clovis Oncology (NASDAQ:CLVS), Vanda Pharmaceuticals (NASDAQ:VNDA), Insys Therapeutics (NASDAQ:INSY), Albany Molecular Research (NASDAQ:AMRI)

Jason Knox02 mins

Clovis Oncology Inc. reported a fourth quarter loss of $0.92 per share after the bell Thursday, compared to the loss of $0.81 per share last year. Clovis Oncology Inc. (NASDAQ:CLVS) stock performance was 1.58% in last session and finished the day at $79.62. Traded volume was 0.00 shares in the last session and the average…

Read More
FB Nasdaq FB Facebook

Unusual Volume Diversified Electronics: China BAK Battery (NASDAQ:CBAK), New Energy Systems (OTCMKTS:NEWN), Maxwell Technologies (NASDAQ:MXWL), Wells-Gardner (NYSEMKT:WGA)

Jason Knox02 mins

TheStreet rate CHINA BAK BATTERY INC (CBAK) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results. China BAK Battery Inc. (NASDAQ:CBAK) stock performance was 22.85% in last session and finished the…

Read More

eBay Looking to Overcome Weak Holiday Outlook

Jason Knox02 mins

eBay reported in-line 3Q results, with outperformance in Marketplaces revenue and incremental operating leverage offsetting a modest shortfall in PayPal revenue. However, guidance once again came in below expectations, driven by domestic macro weakness and caution regarding the holiday period. While we suspect management’s near-term forecast may prove conservative, we see no change to the…

Read More

ARM Holdings Beats Street Estimates Once Again

Jason Knox02 mins

ARM Holdings reported 3Q13 results on Thursday that were above consensus estimates. On a positive note, ARMH’s license revenue continues to significantly exceed expectations, and ARM PD (Processor Division) royalty revenue continues to outperform ARM’s served available market (SAM) according to management’s guidance. Admittedly, shares are richly valued, and the market clearly wanted a perfect…

Read More

Echo Logistics Posts 21% Growth in 1Q

Jason Knox02 mins

In the first quarter, Echo posted 21% revenue growth (9% organic). The increase includes a boost from the October 2013 Sharp Freight acquisition, and partly reflects a 13% rise in shipment volume (less-than-truckload, or LTL, and truckload volume expanded 11% and 18%, respectively). We note that shipment activity slowed relative to the 20% year-over-year gains…

Read More