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

Arrium Sees Jump in Share Price Despite Weak Earnings

Arrium’s share price was pushed up by 17% on the day of their earnigns results though many analysts do not share the market’s enthusiasm. Adjusted profit increased from AUD 143 million to AUD 168 million but quality remains poor. Profit was boosted by an interest rate on sizable, mainly U.S dollar denominated debt, of less than 5%, a reported tax rate on adjusted pretax profit … Continue reading Arrium Sees Jump in Share Price Despite Weak Earnings

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Finance

Hot Watch List : U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), Contango Oil & Gas Company (NYSEMKT:MCF), KED, Corning Inc. (NYSE:GLW)

U.S. Bank, a unit of U.S. Bancorp (NYSE:USB), said it hired Jack Frencho as a wealth management adviser for its Private Client Reserve in Columbus, Ohio. U.S. Bancorp (NYSE:USB) belongs to Financial sector. Its net profit margin is 45.40% and weekly performance is -5.71%. On last trading day company shares ended up $38.94. U.S. Bancorp (NYSE:USB) distance from 50-day simple moving average (SMA50) is -6.30%. … Continue reading Hot Watch List : U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), Contango Oil & Gas Company (NYSEMKT:MCF), KED, Corning Inc. (NYSE:GLW)

Mark DeFrance
Finance

Morning Alert : Cisco Systems, Inc. (NASDAQ:CSCO), QEP Resources, Inc. (NYSE:QEP), LSI Industries Inc. (NASDAQ:LYTS), Philippine Long Distance Telephone (NYSE:PHI), Google (NASDAQ:GOOG)

Cisco Systems, Inc. (NASDAQ:CSCO) during a keynote address at the Internet of Things World Forum in Chicago, Cisco CTO Padmasree Warrior announced the winners of three global Internet of Things (IoT) Grand Challenges aimed at recognizing, promoting and accelerating the adoption of breakthrough technologies and products that contribute to the growth and evolution of the IoT. Cisco today also announced that in concert with a … Continue reading Morning Alert : Cisco Systems, Inc. (NASDAQ:CSCO), QEP Resources, Inc. (NYSE:QEP), LSI Industries Inc. (NASDAQ:LYTS), Philippine Long Distance Telephone (NYSE:PHI), Google (NASDAQ:GOOG)

Mark DeFrance
Finance

Active Stocks : Chesapeake Energy Corporation (NYSE:CHK), Cliffs Natural Resources Inc. (NYSE:CLF), POSCO (NYSE:PKX), Sanofi SA (ADR) (NYSE:SNY), Cisco Systems, Inc. (NASDAQ:CSCO)

Chesapeake Energy (NYSE:CHK) has been given a consensus recommendation of “Hold” by the twenty-one brokerages that are covering the company, Stock Ratings Network.com reports. Twelve equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. Chesapeake Energy Corporation (NYSE:CHK) belongs to Basic Materials sector. Its net profit margin is 2.60% and weekly performance is … Continue reading Active Stocks : Chesapeake Energy Corporation (NYSE:CHK), Cliffs Natural Resources Inc. (NYSE:CLF), POSCO (NYSE:PKX), Sanofi SA (ADR) (NYSE:SNY), Cisco Systems, Inc. (NASDAQ:CSCO)

Mark DeFrance
Finance

Active Watch List: The Walt Disney Company (NYSE:DIS), Pfizer Inc. (NYSE:PFE), JinkoSolar Holding Co., Ltd. (NYSE:JKS), Concert Pharmaceuticals (NASDAQ:CNCE), ITT Corporation (NYSE:ITT)

The Walt Disney Company (NYSE:DIS) in South East Asia (SEA) on 10 October announced changes to its management team to position for rapid growth in the film and media distribution landscape in the region. Amit Malhotra, previously General Manager Disney Media Distribution and Media+ becomes General Manager, Studio Entertainment SEA and will oversee all the Studio businesses (Theatrical, In-Home, Live Events and Stage Plays) in … Continue reading Active Watch List: The Walt Disney Company (NYSE:DIS), Pfizer Inc. (NYSE:PFE), JinkoSolar Holding Co., Ltd. (NYSE:JKS), Concert Pharmaceuticals (NASDAQ:CNCE), ITT Corporation (NYSE:ITT)

Mark DeFrance
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Services Sector

AutoNation Matches Consensus

AutoNation reported second-quarter results that matched consensus EPS expectations of $0.73 while revenue of $4.4 billion exceeded consensus expectation of $4.3 billion. Analysts  intend to raise the  fair value estimate to account for higher revenue growth and AutoNation capturing slightly more market share than we currently model in our five-year forecast period.  The results show that the U.S. auto recovery continues at a strong pace … Continue reading AutoNation Matches Consensus

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