Author: Mark DeFrance

Mark DeFrance is a senior research analyst at Tech Insider, focusing on the enterprise software sector. Prior to joining TI, Mark covered enterprise software for First Albany, and prior to that he worked in equity research at B.T. Alex Brown and Bankers Trust. Mark has written software applications in various programming languages including BASIC, Pascal, and COBOL. He has also been recognized in The Wall Street Journal's "Best on the Street" survey and was recognized by Forbes Magazine as the No. 1 sell-side stock picker in the software industry for a five-year period, with returns of 115% versus 26% for the software industry.
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Boart Longyear Struggles Evident in Half Year Report

Boart Longyear announced a disappointing first-half 2013 result, incurring an operating net loss after tax, or NPAT of USD 60 million, after reporting a profit of USD 98 million in first-half 2012. In addition, Boart incurred USD 269 million of post tax, mainly non-cash restructuring charges and asset impairments. The result reflected a weak operating environment with significantly reduced demand for drill rigs and related … Continue reading Boart Longyear Struggles Evident in Half Year Report

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Finance

Eye Catching Stocks : Remark Media, Inc. (NASDAQ:MARK), Host Hotels & Resorts, Inc. (NYSE:HST), Pinnacle Foods Inc. (NYSE:PF), AXE, Chevron Corporation (NYSE:CVX)

Remark Media, Inc. (NASDAQ:MARK) belongs to Technology sector. Its weekly performance is -4.75%. On last trading day company shares ended up $5.01. Remark Media, Inc. (NASDAQ:MARK) distance from 50-day simple moving average (SMA50) is -24.07%. FBR Capital Markets upgraded shares of Host Hotels and Resorts (NYSE:HST) from a market perform rating to an outperform rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. … Continue reading Eye Catching Stocks : Remark Media, Inc. (NASDAQ:MARK), Host Hotels & Resorts, Inc. (NYSE:HST), Pinnacle Foods Inc. (NYSE:PF), AXE, Chevron Corporation (NYSE:CVX)

Mark DeFrance
Finance

Trader’s Recap : Oi SA (NYSE:OIBR), Enphase Energy, Inc. (NASDAQ:ENPH), Pacific Continental Corp. (NASDAQ:PCBK), Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB), Five Prime Therapeutics, Inc. (NASDAQ:FPRX)

Oi SA (NYSE:OIBR) and Telemar Participacoes S.A clarify to their shareholders and the market in general that the announcement of a possible liquidation of the assets of Rio Forte Investments S.A. (“Rio Forte”) as a result of the rejection of the request for controlled management for Rio Forte, which occurred on October 17, shall have no impact on the development of the business combination and … Continue reading Trader’s Recap : Oi SA (NYSE:OIBR), Enphase Energy, Inc. (NASDAQ:ENPH), Pacific Continental Corp. (NASDAQ:PCBK), Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB), Five Prime Therapeutics, Inc. (NASDAQ:FPRX)

Mark DeFrance
Finance

Stocks in News: Cisco Systems, Inc. (NASDAQ:CSCO), Stratasys Ltd. (NASDAQ:SSYS), Sealed Air Corporation (NYSE:SEE), The Manitowoc Company(NYSE:MTW), Leggett & Platt (NYSE:LEG)

On 29 September Cisco Systems, Inc. (NASDAQ:CSCO) announced that it will invest $1 billion over the next two years in its Intercloud initiative. This represents Cisco’s attempt to enter the cloud market in a manner in which it can avoid competition from established players such as Amazon.com, Inc. (AMZN) and Oracle Corporation (ORCL). Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin … Continue reading Stocks in News: Cisco Systems, Inc. (NASDAQ:CSCO), Stratasys Ltd. (NASDAQ:SSYS), Sealed Air Corporation (NYSE:SEE), The Manitowoc Company(NYSE:MTW), Leggett & Platt (NYSE:LEG)

Mark DeFrance
Finance

Hot Stock List: Microchip Technology Inc. (NASDAQ:MCHP), Netflix, Inc. (NASDAQ:NFLX), Union Bankshares, Inc. (NASDAQ:UNB), TheStreet, Inc. (NASDAQ:TST), IMRIS, Inc. (NASDAQ:IMRS)

On 10 October Microchip Technology Inc. (NASDAQ:MCHP) said that it expects to report sales of $546.2 million for its fiscal second-quarter ending in September. The company had earlier forecast revenue in a range of $560 million to $575.9 million. Microchip Technology Inc. (NASDAQ:MCHP) belongs to Technology sector. Its net profit margin is 20.40% and weekly performance is -3.93%. On last trading day company shares ended … Continue reading Hot Stock List: Microchip Technology Inc. (NASDAQ:MCHP), Netflix, Inc. (NASDAQ:NFLX), Union Bankshares, Inc. (NASDAQ:UNB), TheStreet, Inc. (NASDAQ:TST), IMRIS, Inc. (NASDAQ:IMRS)

Mark DeFrance
Finance

Big Movers: iBio, Inc. (NYSEMKT: IBIO), Delta Air Lines, Inc. (NYSE:DAL), Silicon Motion Technology Corp. (NASDAQ:SIMO), SunOpta Inc. (NASDAQ:STKL), Caesars Acquisition (NASDAQ:CACQ)

On 16 October iBio, Inc. (NYSEMKT:IBIO) confirmed, in response to shareholder and media inquiries: (i) the applicability of its issued U.S. iBioLaunch” platform patents and related proprietary technology to further development and production of antibodies that target the Ebola virus, and (ii) that iBio has an ongoing relationship with Caliber Biotherapeutics LLC reflected by a License and Collaboration Agreement dated February 14, 2013 pursuant to … Continue reading Big Movers: iBio, Inc. (NYSEMKT: IBIO), Delta Air Lines, Inc. (NYSE:DAL), Silicon Motion Technology Corp. (NASDAQ:SIMO), SunOpta Inc. (NASDAQ:STKL), Caesars Acquisition (NASDAQ:CACQ)

Mark DeFrance