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.

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,…

Read More

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…

Read More

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…

Read More

Stocks to Watch : Texas Instruments Inc. (NASDAQ:TXN), QLogic Corp. (NASDAQ:QLGC), Parkervision Inc. (NASDAQ:PRKR), TC PipeLines, LP (NYSE:TCP), Trio-Tech International (NYSEMKT:TRT)

The Board of Directors of Texas Instruments Inc. (NASDAQ:TXN) declared a quarterly cash dividend of $0.34 per share of common stock, payable November 17, 2014, to stockholders of record on October 31, 2014. Texas Instruments Inc. (NASDAQ:TXN) belongs to Technology sector. Its net profit margin is 18.10% and weekly performance is -5.28%. On last trading…

Read More

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…

Read More

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…

Read More