12/21
Headlines

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.

Biotech Gainers: MannKind Corporation (NASDAQ:MNKD), Celldex Therapeutics (NASDAQ:CLDX), Dendreon Corporation (NASDAQ:DNDN), Intrexon Corp (NYSE:XON)

Mark DeFrance02 mins

MannKind Corp. (NASDAQ: MNKD) was raised to Neutral from Underweight by Piper Jaffray. MannKind Corporation (NASDAQ:MNKD) stock performance was 6.53% in last session and finished the day at $7.01. Traded volume was 16.68million shares in the last session and the average volume of the stock remained 10.11million shares. The beta of the stock remained 1.40….

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Services Sector Gainers: InterCloud Systems Inc (NASDAQ:ICLD), Vantiv Inc (NYSE:VNTV), Scientific Games Corp (NASDAQ:SGMS), Pacific Sunwear of California (NASDAQ:PSUN)

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Law Offices of Howard G. Smith reminds investors that all purchasers of the securities of InterCloud Systems Inc (NASDAQ:ICLD) between November 5, 2013 and March 17, 2014, inclusive (the “Class Period”), have until May 27, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit. InterCloud Systems Inc (NASDAQ:ICLD) stock…

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Industrial Goods New Highs: Caterpillar Inc. (NYSE:CAT), General Dynamics Corporation (NYSE:GD), 3M Co (NYSE:MMM), L-3 Communications Holdings, Inc. (NYSE:LLL)

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Companies including Caterpillar Inc. (NYSE:CAT), United Parcel Service Inc.(UPS:US) and Honeywell International Inc. (HON:US) are pushing for a long-term bill, after a 2012 drive on legislation collapsed in a dispute over funding and resulted in the current two-year law that expires at the end of September. Caterpillar Inc. (NYSE:CAT) stock performance was 0.89% in last…

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Notable Movers: Yingli Green Energy Hold. (NYSE:YGE), Trina Solar Limited (ADR) (NYSE:TSL), Realogy Holdings (NYSE:RLGY), Baidu Inc (ADR) (NASDAQ:BIDU)

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Yingli Green Energy Holding Company Limited (NYSE:YGE), the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, known as “Yingli Solar”, today announced that it has delivered 10 MW of monocrystalline silicon modules to Kingspan Energy, part of the Kingspan Group, the global leader in high performance insulation and building envelope solutions. Yingli Green…

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Automaker Stocks In News: Tesla Motors Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Toyota Motor (NYSE:TM)

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Tesla Motors, Inc. (NASDAQ: TSLA) is now faced with challenges in directly selling its vehicles in Missouri. Legislators are considering to impose a ban on direct sales of vehicles to the public in the state. According to a bill, customers can only purchase new vehicles through middleman franchised dealers. Tesla Motors Inc (NASDAQ:TSLA) stock performance…

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Top Gainers: Doral Financial (NYSE:DRL), CTPartners Executive Search (NYSEMKT:CTP), RadNet Inc. (NASDAQ:RDNT), Matrix Service (NASDAQ:MTRX)

Mark DeFrance02 mins

Standard & Poor’s Ratings Services today said it lowered its issuer credit rating on Doral Financial Corp. to ‘CC’ from ‘CCC-‘ and placed the rating on CreditWatch with negative implications. “Our downgrade of Doral reflects the institution’s weakened capital position to the point that it has breached minimum regulatory capital requirements under its current consent…

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